Return on Equity (ROE)
since 2005
Calculation
AT&T Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss) attributable to AT&T1 | ÷ | Stockholders’ equity attributable to AT&T1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 13.94% | = | 100 | × | 14,400) | ÷ | 103,297) |
| Dec 31, 2022 | -8.74% | = | 100 | × | (8,524) | ÷ | 97,500) |
| Dec 31, 2021 | 12.07% | = | 100 | × | 20,081) | ÷ | 166,332) |
| Dec 31, 2020 | -3.20% | = | 100 | × | (5,176) | ÷ | 161,673) |
| Dec 31, 2019 | 7.55% | = | 100 | × | 13,903) | ÷ | 184,221) |
| Dec 31, 2018 | 10.52% | = | 100 | × | 19,370) | ÷ | 184,089) |
| Dec 31, 2017 | 20.91% | = | 100 | × | 29,450) | ÷ | 140,861) |
| Dec 31, 2016 | 10.54% | = | 100 | × | 12,976) | ÷ | 123,135) |
| Dec 31, 2015 | 10.88% | = | 100 | × | 13,345) | ÷ | 122,671) |
| Dec 31, 2014 | 7.21% | = | 100 | × | 6,224) | ÷ | 86,370) |
| Dec 31, 2013 | 20.06% | = | 100 | × | 18,249) | ÷ | 90,988) |
| Dec 31, 2012 | 7.86% | = | 100 | × | 7,264) | ÷ | 92,362) |
| Dec 31, 2011 | 3.74% | = | 100 | × | 3,944) | ÷ | 105,534) |
| Dec 31, 2010 | 17.79% | = | 100 | × | 19,864) | ÷ | 111,647) |
| Dec 31, 2009 | 12.30% | = | 100 | × | 12,535) | ÷ | 101,900) |
| Dec 31, 2008 | 13.35% | = | 100 | × | 12,867) | ÷ | 96,347) |
| Dec 31, 2007 | 10.36% | = | 100 | × | 11,951) | ÷ | 115,367) |
| Dec 31, 2006 | 6.37% | = | 100 | × | 7,356) | ÷ | 115,540) |
| Dec 31, 2005 | 8.75% | = | 100 | × | 4,786) | ÷ | 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., ROE, long-term trends, comparison to competitors
| AT&T Inc. | T-Mobile US Inc. | Verizon Communications Inc. | |
|---|---|---|---|
| Dec 31, 2023 | 13.94% | 12.85% | 12.57% |
| Dec 31, 2022 | -8.74% | 3.72% | 23.32% |
| Dec 31, 2021 | 12.07% | 4.38% | 26.98% |
| Dec 31, 2020 | -3.20% | 4.69% | 26.24% |
| Dec 31, 2019 | 7.55% | 12.05% | 31.38% |
| Dec 31, 2018 | 10.52% | 11.68% | 29.22% |
| Dec 31, 2017 | 20.91% | 20.11% | 69.85% |
| Dec 31, 2016 | 10.54% | 8.01% | 58.28% |
| Dec 31, 2015 | 10.88% | 4.43% | 108.83% |
| Dec 31, 2014 | 7.21% | 1.58% | 78.26% |
| Dec 31, 2013 | 20.06% | 0.25% | 29.60% |
| Dec 31, 2012 | 7.86% | — | 2.64% |
| Dec 31, 2011 | 3.74% | — | 6.68% |
| Dec 31, 2010 | 17.79% | — | 6.61% |
| Dec 31, 2009 | 12.30% | — | 8.78% |
| Dec 31, 2008 | 13.35% | — | 15.41% |
| Dec 31, 2007 | 10.36% | — | 10.92% |
| Dec 31, 2006 | 6.37% | — | 12.77% |
| Dec 31, 2005 | 8.75% | — | 18.64% |
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., ROE, long-term trends, comparison to sector (telecommunication services)
| AT&T Inc. | Telecommunication Services | |
|---|---|---|
| Dec 31, 2023 | 13.94% | 13.18% |
| Dec 31, 2022 | -8.74% | 5.93% |
| Dec 31, 2021 | 12.07% | 14.24% |
| Dec 31, 2020 | -3.20% | 5.32% |
| Dec 31, 2019 | 7.55% | 13.35% |
| Dec 31, 2018 | 10.52% | 14.42% |
| Dec 31, 2017 | 20.91% | 31.03% |
| Dec 31, 2016 | 10.54% | 16.82% |
| Dec 31, 2015 | 10.88% | 20.53% |
| Dec 31, 2014 | 7.21% | 14.08% |
| Dec 31, 2013 | 20.06% | 20.67% |
| Dec 31, 2012 | 7.86% | 6.48% |
| Dec 31, 2011 | 3.74% | 4.49% |
| Dec 31, 2010 | 17.79% | 14.92% |
| Dec 31, 2009 | 12.30% | 11.28% |
| Dec 31, 2008 | 13.35% | 13.98% |
| Dec 31, 2007 | 10.36% | 10.53% |
| Dec 31, 2006 | 6.37% | 8.26% |
| Dec 31, 2005 | 8.75% | 12.91% |
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., ROE, long-term trends, comparison to industry (communication services)
| AT&T Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2023 | 13.94% | 18.94% |
| Dec 31, 2022 | -8.74% | 13.32% |
| Dec 31, 2021 | 12.07% | 20.34% |
| Dec 31, 2020 | -3.20% | 11.50% |
| Dec 31, 2019 | 7.55% | 15.27% |
| Dec 31, 2018 | 10.52% | 17.89% |
| Dec 31, 2017 | 20.91% | 22.85% |
| Dec 31, 2016 | 10.54% | 16.35% |
| Dec 31, 2015 | 10.88% | 16.38% |
| Dec 31, 2014 | 7.21% | 14.00% |
| Dec 31, 2013 | 20.06% | 16.63% |
| Dec 31, 2012 | 7.86% | 10.32% |
| Dec 31, 2011 | 3.74% | 8.87% |
| Dec 31, 2010 | 17.79% | 13.88% |
| Dec 31, 2009 | 12.30% | 11.62% |
| Dec 31, 2008 | 13.35% | 12.77% |
| Dec 31, 2007 | 10.36% | 11.11% |
| Dec 31, 2006 | 6.37% | 8.87% |
| Dec 31, 2005 | 8.75% | 10.06% |
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).