AT&T (XSWX:T) Pre-Tax Income: CHF20,783 Mil (TTM As of Jun. 2026)

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XSWX:T AT&T Inc XSWX:T
65 GF Score
Price CHF20.18
GF Value CHF19.74
Valuation Fairly Valued
! 3 Warning Signs
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What is AT&T Pre-Tax Income?

AT&T XSWX:T +2.02% 65 Pre-Tax Income is CHF20,783 Mil as of Jun. 2026. GuruFocus rates XSWX:T with a GF Score™ of 65/100 and a GF Value™ of CHF19.74 (Fairly Valued). The stock has 3 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. AT&T's pretax income for the three months ended in Jun. 2026 was CHF4,654 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was CHF20,783 Mil. AT&T's pretax margin was 18.45%.

During the past 13 years, AT&T's highest Pretax Margin was 21.76%. The lowest was -2.56%. And the median was 12.88%.


AT&T  (XSWX:T) Pre-Tax Income Explanation

AT&T's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=4653.525/25224.309
=18.45%

During the past 13 years, AT&T's highest Pretax Margin was 21.76%. The lowest was -2.56%. And the median was 12.88%.

* 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 Pre-Tax Income Related Terms


AT&T Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for AT&T's Pre-Tax Income 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 Pre-Tax Income Chart

AT&T Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26,866.49 -2,882.37 17,164.55 14,887.94 21,521.88

AT&T Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income 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 4,958.89 8,480.85 3,398.78 4,249.85 4,653.53

XSWX:T vs TMUS, VZ, CMCSA: Pre-Tax Income Comparison

For the Telecom Services subindustry, AT&T's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, AT&T's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where AT&T's Pre-Tax Income falls into.


XSWX:T
65GF Score
AT&T Inc XSWX:T
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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AT&T Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

AT&T's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=19922.5+7021.486+-5422.108+0+0
=21,522

AT&T's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=5854.073+304.533+-1505.082+0+0.00099999999929423
=4,654

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF20,783 Mil.

* 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 Pre-Tax Income →
What does a Pre-Tax Income of CHF20,783 Mil mean?
AT&T (XSWX:T) has a Pre-Tax Income of CHF20,783 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on AT&T and its competitors.
Is AT&T's Pre-Tax Income too high?
AT&T's current Pre-Tax Income is CHF20,783 Mil. Overall, AT&T has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AT&T's Pre-Tax Income compare to TMUS and VZ?
AT&T's Pre-Tax Income of CHF20,783 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Telecommunication Services company?
A good Pre-Tax Income depends on the Telecommunication Services industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on AT&T and its competitors. AT&T's current Pre-Tax Income is CHF20,783 Mil. 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 (XSWX:T) is currently considered Fairly Valued. The stock's GF Value™ is CHF19.74, compared to a current price of CHF20.18 — trading 2.2% above its estimated fair value. The current Pre-Tax Income is CHF20,783 Mil. AT&T's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For AT&T (XSWX:T), the current Pre-Tax Income is CHF20,783 Mil as of Jun. 2026. 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 (XSWX:T) Overvalued in 2026?

Based on GuruFocus' analysis, AT&T stock appears to be overvalued. The current stock price of CHF20.18 is trading 2.2% above its estimated GF Value™ of CHF19.74. GuruFocus considers AT&T to be Fairly Valued.

Key valuation signals for XSWX:T:

  • Pre-Tax Income: CHF20,783 Mil
  • GF Value™: CHF19.74 vs. price of CHF20.18 (2.2% above fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the XSWX:T 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.
65GF Score

Get the complete analysis for XSWX:T

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF20.18
Price
CHF19.74
GF Value