AT&T Inc (T)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 15,393,000 | 12,955,000 | 16,493,000 | 17,646,000 | 18,625,000 | -7,511,000 | -5,226,000 | -5,452,000 | -4,744,000 | 24,832,000 | 25,112,000 | 22,167,000 | 25,589,000 | 3,889,000 | 257,000 | -248,000 | -4,008,000 | 14,538,000 | 15,593,000 | 18,189,000 |
| Revenue (ttm) | US$ in thousands | 122,336,000 | 122,060,000 | 122,197,000 | 122,317,000 | 122,428,000 | 121,749,000 | 121,442,000 | 121,168,000 | 120,741,000 | 120,493,000 | 121,776,000 | 127,873,000 | 134,038,000 | 119,924,000 | 130,938,000 | 136,148,000 | 143,050,000 | 172,890,000 | 175,138,000 | 179,145,000 |
| Pretax margin | 12.58% | 10.61% | 13.50% | 14.43% | 15.21% | -6.17% | -4.30% | -4.50% | -3.93% | 20.61% | 20.62% | 17.34% | 19.09% | 3.24% | 0.20% | -0.18% | -2.80% | 8.41% | 8.90% | 10.15% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $15,393,000K ÷ $122,336,000K
= 12.58%
The pretax margin of AT&T Inc has exhibited fluctuations over the periods provided. From March 2020 to June 2020, there was a slight decrease from 10.15% to 8.90% followed by a further decline to 8.41% in September 2020. A significant decrease was observed in December 2020, with a negative pretax margin of -2.80%, which continued to worsen in the subsequent quarter to -0.18% in March 2021.
However, there was a turnaround in June 2021 with a slight improvement to 0.20%, followed by progressive increases in the pretax margin in the successive quarters, reaching a high of 20.62% in June 2022. This positive trend continued in the following quarter with a slight decrease to 20.61% in September 2022.
The pretax margin experienced a downturn in the last quarter of 2022 with a negative value of -3.93%, which further decreased to -4.50% in March 2023 and -4.30% in June 2023. However, there was a significant recovery by the end of 2023, with a pretax margin of 15.21%, and this positive trend continued into the first quarter of 2024, reaching 14.43%.
Subsequently, there was a slight decrease in the pretax margin to 13.50% in June 2024, followed by a further decline to 10.61% in September 2024, and a subsequent increase to 12.58% by December 2024. Overall, the pretax margin of AT&T Inc has shown variability, with periods of both positive and negative margins, indicating fluctuations in the company's profitability before taxes over the analyzed periods.
Peer comparison
Dec 31, 2024