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