AT&T Inc (T)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 15,393,000 | 18,625,000 | -4,744,000 | 25,476,000 | -4,008,000 |
| Revenue | US$ in thousands | 122,336,000 | 122,428,000 | 120,741,000 | 134,038,000 | 143,050,000 |
| Pretax margin | 12.58% | 15.21% | -3.93% | 19.01% | -2.80% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $15,393,000K ÷ $122,336,000K
= 12.58%
The pretax margin for AT&T Inc has displayed variability over the past five years. Specifically, in December 2020, the company reported a negative pretax margin of -2.80%, indicating that its operating expenses exceeded its gross profit. However, this trend reversed significantly by December 2021, with a substantial increase to 19.01%, suggesting improved operational efficiency and a more profitable business model.
In the following year, December 2022, AT&T's pretax margin declined to -3.93%, indicating a return to negative territory, possibly due to increased costs or other operational challenges. However, by December 2023, the company managed to recover to a pretax margin of 15.21%, showcasing a strong rebound and better cost management practices.
In the most recent period, December 2024, AT&T's pretax margin stood at 12.58%. While this figure is lower than the peak in 2021, it still reflects a healthy profitability level for the company. Overall, the fluctuating pretax margin of AT&T Inc over the past five years highlights the company's ongoing efforts to optimize operational performance and improve financial outcomes.
Peer comparison
Dec 31, 2024