AT&THAM:SOBA +1.67%74 OCF Margin % is 33.83% as of Dec. 2025, which is 19% above its 10-year median of 28.51. 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 69.48% on this metric.
OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. AT&T's Cash Flow from Operations for the
three
months ended in Dec. 2025 was €9,667 Mil. AT&T's Revenue for the
three
months ended in Dec. 2025 was €28,580 Mil. Therefore, AT&T's OCF Margin % for the quarter that ended in Dec. 2025 was 33.83%.
The historical rank and industry rank for AT&T's OCF Margin % or its related term are showing as below:
HAM:SOBA'
s OCF Margin % Range Over the Past 10 Years
Min: 23.47 Med: 28.51 Max: 32.06
Current: 32.01
During the past 13 years, the highest OCF Margin % of AT&T was 32.06%. The lowest was 23.47%. And the median was 28.51%.
HAM:SOBA's OCF Margin % is ranked better than 69.48% of 367
companies
in the Telecommunication Services industry
Industry Median: 22.44
vs HAM:SOBA: 32.01
AT&T OCF Margin % Related Terms
AT&T OCF Margin % Historical Data
* Premium members only.
The historical data trend for AT&T's OCF 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.
HAM:SOBA vs VZ, TMUS, CMCSA: OCF Margin % Comparison
For the Telecom Services subindustry, AT&T's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, AT&T's OCF Margin % distribution charts can be found below:
* The bar in red indicates where AT&T's OCF 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 (HAM:SOBA) has a OCF Margin % of 33.83% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on AT&T and its competitors. This is 19% above median its historical median of 28.51. Over the past decade, AT&T's OCF Margin % has ranged from 23.47 to 32.06. According to the industry distribution chart, AT&T ranks #112 out of 367 companies in the Telecommunication Services industry, placing it in the top 30.5%.
Is AT&T's OCF Margin % too high?
AT&T's current OCF Margin % of 33.83% is 19% above median its 10-year median of 28.51. Over the past 10 years, this metric has ranged from a low of 23.47 to a high of 32.06. The Telecommunication Services industry median OCF Margin % is 22.44. AT&T's value of 33.83% is 50.8% above this industry median. Based on the distribution chart, AT&T ranks #112 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 OCF Margin % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, AT&T ranks #112 out of 367 companies for OCF Margin %. This puts AT&T in the upper half of its industry. The industry median OCF Margin % is 22.44. AT&T's value of 33.83% is 50.8% above this benchmark. Historically, AT&T's own OCF Margin % has ranged from 23.47 to 32.06 over the past decade. While the company's 10-year median is 28.51 vs. the industry median of 22.44, 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 OCF Margin % for a Telecommunication Services company?
The median OCF Margin % among Telecommunication Services companies is 22.44, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AT&T's current OCF Margin % of 33.83% is 50.8% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on AT&T and its competitors. For the Telecommunication Services industry, the median OCF Margin % is 22.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AT&T's current OCF Margin % is 33.83%, which is 19% above median its own 10-year median of 28.51. 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 OCF Margin % is 33.83%, which is 19% above median its 10-year median of 28.51 and 50.8% above the Telecommunication Services industry median of 22.44. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For AT&T (HAM:SOBA), the current OCF Margin % is 33.83% 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:
OCF Margin %: 33.83% (19% above median its 10-year median of 28.51)
GF Value™: €19.03 vs. price of €19.90 (4.6% above fair value)
Industry Position: 50.8% above the Telecommunication Services median (#112 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.
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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