AT&T (HAM:SOBA) EBITDA Margin %: 33.42% (As of Dec. 2025) — Near Median


HAM:SOBA AT&T Inc HAM:SOBA
74 GF Score
Price €19.90
GF Value €19.03
Valuation Fairly Valued
! 3 Warning Signs
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What is AT&T EBITDA Margin %?

AT&T HAM:SOBA +1.67% 74 EBITDA Margin % is 33.42% as of Dec. 2025, which is 7% below its 10-year median of 35.85. GuruFocus rates HAM:SOBA with a GF Score™ of 74/100 and a GF Value™ of €19.03 (Fairly Valued). The stock has 3 warning signs investors should review. Among 367 Telecommunication Services companies, AT&T ranks better than 76.84% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. AT&T's EBITDA for the three months ended in Dec. 2025 was €9,551 Mil. AT&T's Revenue for the three months ended in Dec. 2025 was €28,580 Mil. Therefore, AT&T's EBITDA margin for the quarter that ended in Dec. 2025 was 33.42%.


AT&T  (HAM:SOBA) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


AT&T EBITDA Margin % Related Terms


AT&T EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for AT&T's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AT&T EBITDA Margin % Chart

AT&T Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.09 17.42 37.03 36.00 43.53

AT&T Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.22 41.92 42.16 57.54 33.42

HAM:SOBA vs VZ, TMUS, CMCSA: EBITDA Margin % Comparison

For the Telecom Services subindustry, AT&T's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AT&T EBITDA Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, AT&T's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where AT&T's EBITDA Margin % falls into.


HAM:SOBA
74GF Score
AT&T Inc HAM:SOBA
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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AT&T EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

AT&T's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=46711.238/107303.392
=43.53 %

AT&T's EBITDA Margin % for the quarter that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=9551.136/28579.964
=33.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 33.42% mean?
AT&T (HAM:SOBA) has a EBITDA Margin % of 33.42% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on AT&T and its competitors. This is near median its historical median of 35.85. Over the past decade, AT&T's EBITDA Margin % has ranged from 17.42 to 43.53. According to the industry distribution chart, AT&T ranks #85 out of 367 companies in the Telecommunication Services industry, placing it in the top 23.2%.
Is AT&T's EBITDA Margin % too high?
AT&T's current EBITDA Margin % of 33.42% is near median its 10-year median of 35.85. Over the past 10 years, this metric has ranged from a low of 17.42 to a high of 43.53. The Telecommunication Services industry median EBITDA Margin % is 25.57. AT&T's value of 33.42% is 30.7% above this industry median. Based on the distribution chart, AT&T ranks #85 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, AT&T has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AT&T's EBITDA Margin % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, AT&T ranks #85 out of 367 companies for EBITDA Margin %. This places AT&T in the top 23% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 25.57. AT&T's value of 33.42% is 30.7% above this benchmark. Historically, AT&T's own EBITDA Margin % has ranged from 17.42 to 43.53 over the past decade. While the company's 10-year median is 35.85 vs. the industry median of 25.57, AT&T has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Telecommunication Services company?
The median EBITDA Margin % among Telecommunication Services companies is 25.57, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AT&T's current EBITDA Margin % of 33.42% is 30.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on AT&T and its competitors. For the Telecommunication Services industry, the median EBITDA Margin % is 25.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AT&T's current EBITDA Margin % is 33.42%, which is near median its own 10-year median of 35.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AT&T stock overvalued right now?
Based on GuruFocus' analysis, AT&T (HAM:SOBA) is currently considered Fairly Valued. The stock's GF Value™ is €19.03, compared to a current price of €19.90 — trading 4.6% above its estimated fair value. The current EBITDA Margin % is 33.42%, which is near median its 10-year median of 35.85 and 30.7% above the Telecommunication Services industry median of 25.57. AT&T's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For AT&T (HAM:SOBA), the current EBITDA Margin % is 33.42% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AT&T (HAM:SOBA) Overvalued in 2026?

Based on GuruFocus' analysis, AT&T stock appears to be overvalued. The current stock price of €19.90 is trading 4.6% above its estimated GF Value™ of €19.03. GuruFocus considers AT&T to be Fairly Valued.

Key valuation signals for HAM:SOBA:

  • EBITDA Margin %: 33.42% (near median its 10-year median of 35.85)
  • GF Value™: €19.03 vs. price of €19.90 (4.6% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 30.7% above the Telecommunication Services median (#85 of 367)

No single metric tells the full story. See the HAM:SOBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AT&T Business Description

Address 208 S. Akard Street, Dallas, TX, USA, 75202
The wireless business contributes nearly 70% of AT&T's revenue. The company is the third-largest US wireless carrier, connecting 74 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 14% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential services, about 11% of revenue, primarily consist of in-home broadband internet access, serving 15 million customers. AT&T also has a sizable presence in Mexico, with 25 million wireless customers, but this business only accounts for 3% of revenue. The company recently sold its 70% equity stake in satellite television provider DirecTV to its partner, private equity firm TPG.
74GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.90
Price
€19.03
GF Value