AT&T (BUE:T) Gross-Profit-to-Asset % : 25.20% (As of Mar. 2024)

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What is AT&T Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. AT&T's annualized Gross Profit for the quarter that ended in Mar. 2024 was ARS60,909,381 Mil. AT&T's average Total Assets over the quarter that ended in Mar. 2024 was ARS241,733,378 Mil. Therefore, AT&T's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 25.20%.

AT&T Gross-Profit-to-Asset % Historical Data

The historical data trend for AT&T's Gross-Profit-to-Asset % 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.

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AT&T Gross-Profit-to-Asset % Chart

AT&T Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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21.88

19.73

15.10

19.01

24.34

AT&T Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															19.18	19.60	21.31	18.08	25.20

Competitive Comparison of AT&T's Gross-Profit-to-Asset %

For the Telecom Services subindustry, AT&T's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, AT&T's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where AT&T's Gross-Profit-to-Asset % falls into.

AT&T Gross-Profit-to-Asset % Calculation

AT&T's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	26102105.023	/	( (67538303.581	+	146948660.132)	/ 2 )
	=	26102105.023	/	107243481.8565
	=	24.34 %

AT&T's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	60909381.036	/	( (146948660.132	+	336518095.721)	/ 2 )
	=	60909381.036	/	241733377.9265
	=	25.20 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

AT&T Gross-Profit-to-Asset % Related Terms

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AT&T (BUE:T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » AT&T Inc (BUE:T) » Definitions » Gross-Profit-to-Asset %

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TpC.PFD:USA TpA.PFD:USA T:USA T:Peru T:Mexico T_KZ:Kazakhstan 1T:Italy SOBAd:UK 0QZ1:UK SOBA:Germany T:Chile ATTB34:Brazil ATT:Austria

Address

208 S. Akard Street, Dallas, TX, USA, 75202

Website

https://www.att.com

The wireless business contributes about two thirds of AT&T's revenue following the spinoff of Warner Media. The firm is the third-largest U.S. wireless carrier, connecting 70 million postpaid and 18 million prepaid phone customers. Fixed-line enterprise services, which account for about 18% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access service. AT&T also has a sizable presence in Mexico, serving 22 million customers, but this business only accounts for 3% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.