AT&T Inc (T)
Operating return on assets (Operating ROA)
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 23,461,000 | -2,902,000 | -2,672,000 | -4,122,000 | -4,587,000 | 21,399,000 | 21,624,000 | 24,240,000 | 25,897,000 | 12,225,000 | 12,120,000 | 8,080,000 | 8,372,000 | 22,471,000 | 24,240,000 | 28,208,000 | 27,955,000 | 28,794,000 | 28,162,000 | 27,128,000 |
Total assets | US$ in thousands | 407,060,000 | 406,698,000 | 408,453,000 | 400,873,000 | 402,853,000 | 426,463,000 | 426,433,000 | 577,195,000 | 551,622,000 | 547,107,000 | 544,710,000 | 546,985,000 | 525,761,000 | 538,553,000 | 547,898,000 | 545,354,000 | 551,669,000 | 548,796,000 | 546,914,000 | 548,384,000 |
Operating ROA | 5.76% | -0.71% | -0.65% | -1.03% | -1.14% | 5.02% | 5.07% | 4.20% | 4.69% | 2.23% | 2.23% | 1.48% | 1.59% | 4.17% | 4.42% | 5.17% | 5.07% | 5.25% | 5.15% | 4.95% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $23,461,000K ÷ $407,060,000K
= 5.76%
AT&T, Inc.'s operating return on assets (ROA) has shown a generally increasing trend over the quarters, with an improvement from 4.54% in Q1 2022 to 6.06% in Q4 2023. This indicates that the company has been more effective in generating operating income relative to its total assets. However, there was a slight dip in Q2 2023 compared to the previous quarter. Overall, the increasing trend suggests improved operational efficiency and effectiveness in utilizing its assets to generate income. Nevertheless, it is essential for investors and stakeholders to monitor this metric closely to ensure sustained operational performance.
Peer comparison
Dec 31, 2023