AT&T Debt to Equity Ratio 2012-2025 | T

Current and historical debt to equity ratio values for AT&T (T) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. AT&T debt/equity for the three months ending December 31, 2025 was 1.00.
AT&T Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-12-31 $293.71B $126.49B 2.32
2025-09-30 $296.46B $126.76B 2.34
2025-06-30 $284.10B $121.39B 2.34
2025-03-31 $277.61B $119.86B 2.32
2024-12-31 $276.55B $118.25B 2.34
2024-09-30 $277.44B $116.28B 2.39
2024-06-30 $278.68B $119.35B 2.34
2024-03-31 $280.81B $118.62B 2.37
2023-12-31 $289.62B $117.44B 2.47
2023-09-30 $288.84B $117.86B 2.45
2023-06-30 $292.38B $116.08B 2.52
2023-03-31 $292.53B $108.35B 2.70
2022-12-31 $296.40B $106.46B 2.78
2022-09-30 $286.49B $139.98B 2.05
2022-06-30 $291.13B $135.31B 2.15
2022-03-31 $390.64B $186.56B 2.09
2021-12-31 $367.77B $183.86B 2.00
2021-09-30 $365.80B $181.30B 2.02
2021-06-30 $364.86B $179.85B 2.03
2021-03-31 $363.91B $183.08B 1.99
2020-12-31 $346.52B $179.24B 1.93
2020-09-30 $343.50B $195.06B 1.76
2020-06-30 $354.45B $193.45B 1.83
2020-03-31 $349.91B $195.45B 1.79
2019-12-31 $349.74B $201.93B 1.73
2019-09-30 $354.47B $194.33B 1.82
2019-06-30 $352.83B $194.08B 1.82
2019-03-31 $353.43B $194.95B 1.81
2018-12-31 $337.98B $193.88B 1.74
2018-09-30 $349.90B $184.97B 1.89
2018-06-30 $350.56B $184.13B 1.90
2018-03-31 $299.27B $147.08B 2.04
2017-12-31 $302.09B $142.01B 2.13
2017-09-30 $317.76B $126.11B 2.52
2017-06-30 $294.94B $125.86B 2.34
2017-03-31 $286.92B $124.98B 2.30
2016-12-31 $279.71B $124.11B 2.25
2016-09-30 $278.37B $124.60B 2.23
2016-06-30 $277.44B $124.37B 2.23
2016-03-31 $279.23B $124.41B 2.25
2015-12-31 $279.03B $123.64B 2.26
2015-09-30 $277.20B $122.79B 2.26
2015-06-30 $238.99B $87.50B 2.73
2015-03-31 $220.92B $87.10B 2.54
2014-12-31 $206.56B $90.27B 2.29
2014-09-30 $194.82B $93.12B 2.09
2014-06-30 $200.84B $92.63B 2.17
2014-03-31 $193.97B $91.37B 2.12
2013-12-31 $186.31B $91.48B 2.04
2013-09-30 $188.47B $86.13B 2.19
2013-06-30 $185.78B $86.32B 2.15
2013-03-31 $182.66B $88.34B 2.07
2012-12-31 $179.62B $92.70B 1.94
2012-09-30 $165.58B $101.27B 1.64
2012-06-30 $162.72B $103.58B 1.57
2012-03-31 $164.17B $105.19B 1.56
2011-12-31 $164.65B $105.80B 1.56
2011-09-30 $163.77B $113.88B 1.44
2011-06-30 $157.91B $114.11B 1.38
2011-03-31 $155.24B $112.84B 1.38
2010-12-31 $157.44B $111.95B 1.41
2010-09-30 $155.96B $113.29B 1.38
2010-06-30 $164.07B $103.48B 1.59
2010-03-31 $163.24B $102.47B 1.59
2009-12-31 $166.32B $101.99B 1.63
2009-09-30 $166.57B $100.00B 1.67
2009-06-30 $168.91B $99.01B 1.71
2009-03-31 $166.66B $97.70B 1.71
2008-12-31 $168.50B $96.75B 1.74
2008-09-30 $172.01B $112.52B 1.53
2008-06-30 $172.57B $111.94B 1.54
2008-03-31 $165.94B $112.26B 1.48
2007-12-31 $160.28B $115.37B 1.39
2007-09-30 $156.79B $111.17B 1.41
2007-06-30 $155.69B $111.66B 1.39
2007-03-31 $154.27B $114.01B 1.35
2006-12-31 $155.09B $115.54B 1.34
2006-09-30 $88.49B $55.40B 1.60
2006-06-30 $88.88B $55.47B 1.60
2006-03-31 $89.35B $55.09B 1.62
2005-12-31 $90.94B $54.69B 1.66
2005-09-30 $63.93B $40.18B 1.59
2005-06-30 $65.16B $40.49B 1.61
2005-03-31 $66.54B $40.40B 1.65
2004-12-31 $69.76B $40.50B 1.72
2004-09-30 $61.78B $40.21B 1.54
2004-06-30 $61.14B $39.28B 1.56
2004-03-31 $61.01B $39.41B 1.55
2003-12-31 $61.99B $38.25B 1.62
2003-09-30 $63.42B $37.89B 1.67
2003-06-30 $62.47B $38.18B 1.64
2003-03-31 $63.16B $37.64B 1.68
2002-12-31 $61.86B $33.20B 1.86
2002-09-30 $61.47B $32.39B 1.90
2002-06-30 $62.60B $31.73B 1.97
2002-03-31 $63.27B $30.94B 2.05
2001-12-31 $63.40B $32.92B 1.93
2001-09-30 $63.20B $32.51B 1.94
2001-06-30 $64.68B $31.26B 2.07
2001-03-31 $67.01B $30.32B 2.21
2000-12-31 $68.19B $30.46B 2.24
2000-09-30 $64.39B $30.19B 2.13
2000-06-30 $62.82B $28.38B 2.21
2000-03-31 $61.47B $27.93B 2.20
1999-12-31 $56.49B $26.73B 2.11
1999-09-30 $33.85B $15.28B 2.22
1999-06-30 $31.66B $14.40B 2.20
1999-03-31 $31.86B $13.53B 2.35
1998-12-31 $32.29B $12.78B 2.53
1998-09-30 $31.00B $11.53B 2.69
1998-06-30 $31.74B $10.87B 2.92
1998-03-31 $31.69B $10.43B 3.04
1997-12-31 $32.24B $9.89B 3.26
1997-09-30 $32.52B $9.54B 3.41
1997-06-30 $32.20B $9.05B 3.56
1997-03-31 $16.60B $7.14B 2.32
1996-12-31 $16.61B $6.84B 2.43
1996-09-30 $16.30B $6.84B 2.38
1996-06-30 $15.80B $6.69B 2.36
1996-03-31 $15.73B $6.44B 2.44
1995-12-31 $15.75B $6.26B 2.52
1995-09-30 $15.91B $6.14B 2.59
1995-06-30 $17.89B $8.64B 2.07
1995-03-31 $17.79B $8.29B 2.15
1994-12-31 $17.65B $8.36B 2.11
1994-09-30 $17.48B $8.05B 2.17
1994-06-30 $17.18B $7.84B 2.19
1994-03-31 $16.84B $7.83B 2.15
1993-12-31 $16.70B $7.61B 2.20
1993-09-30 $16.82B $7.40B 2.27
1993-06-30 $16.71B $7.22B 2.32
1993-03-31 $16.65B $7.18B 2.32
1992-12-31 $14.51B $9.30B 1.56
1992-09-30 $14.41B $9.17B 1.57
1992-06-30 $14.26B $9.01B 1.58
1992-03-31 $14.17B $8.92B 1.59
1991-12-31 $14.32B $8.86B 1.62
1991-09-30 $14.18B $8.75B 1.62
1991-06-30 $13.67B $8.58B 1.59
1991-03-31 $13.57B $8.62B 1.58
1990-12-31 $13.61B $8.58B 1.59
1990-09-30 $12.94B $8.55B 1.51
1990-06-30 $12.66B $8.43B 1.50
1990-03-31 $12.56B $8.37B 1.50
1989-12-31 $12.79B $8.37B 1.53
1989-09-30 $12.60B $8.27B 1.53
1989-06-30 $12.57B $8.17B 1.54
1989-03-31 $12.32B $8.56B 1.44
1988-12-31 $12.48B $8.50B 1.47
1988-09-30 $12.63B $8.39B 1.51
1988-06-30 $12.80B $8.26B 1.55
1988-03-31 $13.01B $8.23B 1.58
1987-12-31 $13.31B $8.19B 1.63
1987-09-30 $13.20B $8.13B 1.62
1987-06-30 $11.92B $7.97B 1.50
1987-03-31 $11.99B $7.91B 1.52
1986-12-31 $12.48B $7.82B 1.60
Sector Industry Market Cap Revenue
Computer and Technology Wireless - National Providers $200.847B $125.648B
AT&T Inc. is the second largest wireless service provider in North America and one of the world's leading communications service carriers. Through its subsidiaries and affiliates, the company offers a wide range of communication and business solutions that include wireless, local exchange, long-distance, data/broadband and Internet, video, managed networking, wholesale and cloud-based services. With assets like HBO, CNN and TNT, AT&T's acquisition of Time Warner has created new kinds of online videos and opened up avenues for targeted advertisements. The company is also focusing on streaming services with AT&T TV and HBO Max. This is likely to create other avenues to monetize content as it expands 5G coverage across the country.
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