Debt to Equity
since 2005
Calculation
AT&T Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt1 | ÷ | Stockholders’ equity attributable to AT&T1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.33 | = | 137,331) | ÷ | 103,297) |
| Dec 31, 2022 | 1.39 | = | 135,890) | ÷ | 97,500) |
| Dec 31, 2021 | 1.07 | = | 177,354) | ÷ | 166,332) |
| Dec 31, 2020 | 0.97 | = | 157,245) | ÷ | 161,673) |
| Dec 31, 2019 | 0.89 | = | 163,147) | ÷ | 184,221) |
| Dec 31, 2018 | 0.96 | = | 176,505) | ÷ | 184,089) |
| Dec 31, 2017 | 1.17 | = | 164,346) | ÷ | 140,861) |
| Dec 31, 2016 | 1.00 | = | 123,513) | ÷ | 123,135) |
| Dec 31, 2015 | 1.03 | = | 126,151) | ÷ | 122,671) |
| Dec 31, 2014 | 0.95 | = | 82,067) | ÷ | 86,370) |
| Dec 31, 2013 | 0.82 | = | 74,788) | ÷ | 90,988) |
| Dec 31, 2012 | 0.76 | = | 69,844) | ÷ | 92,362) |
| Dec 31, 2011 | 0.61 | = | 64,753) | ÷ | 105,534) |
| Dec 31, 2010 | 0.59 | = | 66,167) | ÷ | 111,647) |
| Dec 31, 2009 | 0.71 | = | 72,081) | ÷ | 101,900) |
| Dec 31, 2008 | 0.78 | = | 74,991) | ÷ | 96,347) |
| Dec 31, 2007 | 0.56 | = | 64,115) | ÷ | 115,367) |
| Dec 31, 2006 | 0.52 | = | 59,796) | ÷ | 115,540) |
| Dec 31, 2005 | 0.56 | = | 30,570) | ÷ | 54,690) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
AT&T Inc., debt to equity, long-term trends, comparison to competitors
| AT&T Inc. | T-Mobile US Inc. | Verizon Communications Inc. | |
|---|---|---|---|
| Dec 31, 2023 | 1.33 | 1.20 | 1.63 |
| Dec 31, 2022 | 1.39 | 1.07 | 1.65 |
| Dec 31, 2021 | 1.07 | 1.11 | 1.84 |
| Dec 31, 2020 | 0.97 | 1.13 | 1.90 |
| Dec 31, 2019 | 0.89 | 0.95 | 1.82 |
| Dec 31, 2018 | 0.96 | 1.11 | 2.13 |
| Dec 31, 2017 | 1.17 | 1.26 | 2.72 |
| Dec 31, 2016 | 1.00 | 1.52 | 4.80 |
| Dec 31, 2015 | 1.03 | 1.59 | 6.71 |
| Dec 31, 2014 | 0.95 | 1.40 | 9.21 |
| Dec 31, 2013 | 0.82 | 1.42 | 2.41 |
| Dec 31, 2012 | 0.76 | — | 1.57 |
| Dec 31, 2011 | 0.61 | — | 1.53 |
| Dec 31, 2010 | 0.59 | — | 1.37 |
| Dec 31, 2009 | 0.71 | — | 1.50 |
| Dec 31, 2008 | 0.78 | — | 1.25 |
| Dec 31, 2007 | 0.56 | — | 0.62 |
| Dec 31, 2006 | 0.52 | — | 0.75 |
| Dec 31, 2005 | 0.56 | — | 0.98 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Telecommunication Services)
AT&T Inc., debt to equity, long-term trends, comparison to sector (telecommunication services)
| AT&T Inc. | Telecommunication Services | |
|---|---|---|
| Dec 31, 2023 | 1.33 | 1.40 |
| Dec 31, 2022 | 1.39 | 1.40 |
| Dec 31, 2021 | 1.07 | 1.28 |
| Dec 31, 2020 | 0.97 | 1.22 |
| Dec 31, 2019 | 0.89 | 1.10 |
| Dec 31, 2018 | 0.96 | 1.21 |
| Dec 31, 2017 | 1.17 | 1.50 |
| Dec 31, 2016 | 1.00 | 1.58 |
| Dec 31, 2015 | 1.03 | 1.69 |
| Dec 31, 2014 | 0.95 | 1.90 |
| Dec 31, 2013 | 0.82 | 1.31 |
| Dec 31, 2012 | 0.76 | 0.97 |
| Dec 31, 2011 | 0.61 | 0.85 |
| Dec 31, 2010 | 0.59 | 0.79 |
| Dec 31, 2009 | 0.71 | 0.94 |
| Dec 31, 2008 | 0.78 | 0.92 |
| Dec 31, 2007 | 0.56 | 0.57 |
| Dec 31, 2006 | 0.52 | 0.59 |
| Dec 31, 2005 | 0.56 | 0.74 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Communication Services)
AT&T Inc., debt to equity, long-term trends, comparison to industry (communication services)
| AT&T Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2023 | 1.33 | 0.62 |
| Dec 31, 2022 | 1.39 | 0.65 |
| Dec 31, 2021 | 1.07 | 0.65 |
| Dec 31, 2020 | 0.97 | 0.67 |
| Dec 31, 2019 | 0.89 | 0.62 |
| Dec 31, 2018 | 0.96 | 0.71 |
| Dec 31, 2017 | 1.17 | 0.75 |
| Dec 31, 2016 | 1.00 | 0.75 |
| Dec 31, 2015 | 1.03 | 0.81 |
| Dec 31, 2014 | 0.95 | 0.81 |
| Dec 31, 2013 | 0.82 | 0.75 |
| Dec 31, 2012 | 0.76 | 0.62 |
| Dec 31, 2011 | 0.61 | 0.62 |
| Dec 31, 2010 | 0.59 | 0.60 |
| Dec 31, 2009 | 0.71 | 0.69 |
| Dec 31, 2008 | 0.78 | 0.73 |
| Dec 31, 2007 | 0.56 | 0.54 |
| Dec 31, 2006 | 0.52 | 0.54 |
| Dec 31, 2005 | 0.56 | 0.62 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).