AT&T Inc (T)

Return on assets (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
Net income (ttm) US$ in thousands 14,400,000 -11,305,000 -8,774,000 -9,106,000 -8,524,000 20,036,000 19,928,000 17,341,000 20,081,000 1,155,000 -1,947,000 -2,236,000 -5,176,000 11,101,000 11,985,000 14,417,000 13,903,000 16,367,000 17,385,000 18,804,000
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
ROA 3.54% -2.78% -2.15% -2.27% -2.12% 4.70% 4.67% 3.00% 3.64% 0.21% -0.36% -0.41% -0.98% 2.06% 2.19% 2.64% 2.52% 2.98% 3.18% 3.43%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $14,400,000K ÷ $407,060,000K
= 3.54%

AT&T Inc.'s return on assets (ROA) fluctuated over the past eight quarters, ranging from a high of 4.65% in Q3 2022 to a low of -2.83% in Q3 2023. In general, the ROA trend shows variability over time, indicating fluctuations in the company's profitability in relation to its total assets. The positive ROA values in Q2 and Q3 2022 suggest that the company was generating profits from its assets, while the negative ROA values in Q1, Q2, and Q3 2023 indicate a period of lower profitability relative to its asset base. This could be attributed to various factors, such as changes in revenue, cost management, asset efficiency, or macroeconomic conditions impacting the business. It is essential for investors and stakeholders to closely monitor these fluctuations in ROA to assess the company's financial performance and asset utilization efficiency.


Peer comparison

Dec 31, 2023


See also:

AT&T Inc Return on Assets (ROA) (Quarterly Data)