AT&TSTU:SOBA +3.99%74 FCF Margin % is 13.56% as of Dec. 2025, which is 11% below its 10-year median of 15.30. GuruFocus rates STU:SOBA with a GF Score™ of 74/100 and a GF Value™ of €19.22 (Fairly Valued). The stock has 3 warning signs investors should review. Among 367 Telecommunication Services companies, AT&T ranks better than 69.21% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. AT&T's Free Cash Flow for the
three
months ended in Dec. 2025 was €3,876 Mil. AT&T's Revenue for the
three
months ended in Dec. 2025 was €28,580 Mil. Therefore, AT&T's FCF Margin % for the quarter that ended in Dec. 2025 was 13.56%.
The historical rank and industry rank for AT&T's FCF Margin % or its related term are showing as below:
STU:SOBA'
s FCF Margin % Range Over the Past 10 Years
Min: 10.27 Med: 15.3 Max: 19.88
Current: 15.48
During the past 13 years, the highest FCF Margin % of AT&T was 19.88%. The lowest was 10.27%. And the median was 15.30%.
STU:SOBA's FCF Margin % is ranked better than 69.21% of 367
companies
in the Telecommunication Services industry
Industry Median: 8.25
vs STU:SOBA: 15.48
AT&T FCF Margin % Related Terms
AT&T FCF Margin % Historical Data
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The historical data trend for AT&T's FCF 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.
STU:SOBA vs VZ, TMUS, CMCSA: FCF Margin % Comparison
For the Telecom Services subindustry, AT&T's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, AT&T's FCF Margin % distribution charts can be found below:
* The bar in red indicates where AT&T's FCF Margin % falls into.
* 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 (STU:SOBA) has a FCF Margin % of 13.56% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AT&T and its competitors. This is 11% below median its historical median of 15.30. Over the past decade, AT&T's FCF Margin % has ranged from 10.27 to 19.88. According to the industry distribution chart, AT&T ranks #113 out of 367 companies in the Telecommunication Services industry, placing it in the top 30.8%.
Is AT&T's FCF Margin % too high?
AT&T's current FCF Margin % of 13.56% is 11% below median its 10-year median of 15.30. Over the past 10 years, this metric has ranged from a low of 10.27 to a high of 19.88. The Telecommunication Services industry median FCF Margin % is 8.25. AT&T's value of 13.56% is 64.4% above this industry median. Based on the distribution chart, AT&T ranks #113 out of 367 companies in the Telecommunication Services industry, which is above the industry midpoint. 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 FCF Margin % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, AT&T ranks #113 out of 367 companies for FCF Margin %. This puts AT&T in the upper half of its industry. The industry median FCF Margin % is 8.25. AT&T's value of 13.56% is 64.4% above this benchmark. Historically, AT&T's own FCF Margin % has ranged from 10.27 to 19.88 over the past decade. While the company's 10-year median is 15.30 vs. the industry median of 8.25, 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 FCF Margin % for a Telecommunication Services company?
The median FCF Margin % among Telecommunication Services companies is 8.25, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AT&T's current FCF Margin % of 13.56% is 64.4% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AT&T and its competitors. For the Telecommunication Services industry, the median FCF Margin % is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AT&T's current FCF Margin % is 13.56%, which is 11% below median its own 10-year median of 15.30. 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 (STU:SOBA) is currently considered Fairly Valued. The stock's GF Value™ is €19.22, compared to a current price of €20.10 — trading 4.6% above its estimated fair value. The current FCF Margin % is 13.56%, which is 11% below median its 10-year median of 15.30 and 64.4% above the Telecommunication Services industry median of 8.25. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For AT&T (STU:SOBA), the current FCF Margin % is 13.56% 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 (STU:SOBA) Overvalued in 2026?
Based on GuruFocus' analysis, AT&T stock appears to be overvalued.
The current stock price of €20.10 is trading 4.6% above its estimated GF Value™ of €19.22.
GuruFocus considers AT&T to be Fairly Valued.
Key valuation signals for STU:SOBA:
FCF Margin %: 13.56% (11% below median its 10-year median of 15.30)
GF Value™: €19.22 vs. price of €20.10 (4.6% above fair value)
Industry Position: 64.4% above the Telecommunication Services median (#113 of 367)
No single metric tells the full story. See the STU:SOBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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