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