AT&T Inc (T)

Return on total capital

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before interest and tax (EBIT) US$ in thousands 33,811,000 23,443,000 26,540,000 3,045,000 35,867,000
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 124,490,000 104,372,000 103,297,000 97,500,000 166,332,000
Return on total capital 27.16% 22.46% 25.69% 3.12% 21.56%

December 31, 2025 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $33,811,000K ÷ ($—K + $124,490,000K)
= 27.16%


Peer comparison

Dec 31, 2025