Total Asset Turnover
since 2005
Calculation
AT&T Inc., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Operating revenues1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.30 | = | 122,428) | ÷ | 407,060) |
| Dec 31, 2022 | 0.30 | = | 120,741) | ÷ | 402,853) |
| Dec 31, 2021 | 0.31 | = | 168,864) | ÷ | 551,622) |
| Dec 31, 2020 | 0.33 | = | 171,760) | ÷ | 525,761) |
| Dec 31, 2019 | 0.33 | = | 181,193) | ÷ | 551,669) |
| Dec 31, 2018 | 0.32 | = | 170,756) | ÷ | 531,864) |
| Dec 31, 2017 | 0.36 | = | 160,546) | ÷ | 444,097) |
| Dec 31, 2016 | 0.41 | = | 163,786) | ÷ | 403,821) |
| Dec 31, 2015 | 0.36 | = | 146,801) | ÷ | 402,672) |
| Dec 31, 2014 | 0.45 | = | 132,447) | ÷ | 292,829) |
| Dec 31, 2013 | 0.46 | = | 128,752) | ÷ | 277,787) |
| Dec 31, 2012 | 0.47 | = | 127,434) | ÷ | 272,315) |
| Dec 31, 2011 | 0.47 | = | 126,723) | ÷ | 270,344) |
| Dec 31, 2010 | 0.46 | = | 124,280) | ÷ | 268,488) |
| Dec 31, 2009 | 0.46 | = | 123,018) | ÷ | 268,752) |
| Dec 31, 2008 | 0.47 | = | 124,028) | ÷ | 265,245) |
| Dec 31, 2007 | 0.43 | = | 118,928) | ÷ | 275,644) |
| Dec 31, 2006 | 0.23 | = | 63,055) | ÷ | 270,634) |
| Dec 31, 2005 | 0.30 | = | 43,862) | ÷ | 145,632) |
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., total asset turnover, long-term trends, comparison to competitors
| AT&T Inc. | T-Mobile US Inc. | Verizon Communications Inc. | |
|---|---|---|---|
| Dec 31, 2023 | 0.30 | 0.38 | 0.35 |
| Dec 31, 2022 | 0.30 | 0.38 | 0.36 |
| Dec 31, 2021 | 0.31 | 0.39 | 0.36 |
| Dec 31, 2020 | 0.33 | 0.34 | 0.41 |
| Dec 31, 2019 | 0.33 | 0.52 | 0.45 |
| Dec 31, 2018 | 0.32 | 0.60 | 0.49 |
| Dec 31, 2017 | 0.36 | 0.58 | 0.49 |
| Dec 31, 2016 | 0.41 | 0.57 | 0.52 |
| Dec 31, 2015 | 0.36 | 0.51 | 0.54 |
| Dec 31, 2014 | 0.45 | 0.52 | 0.55 |
| Dec 31, 2013 | 0.46 | 0.49 | 0.44 |
| Dec 31, 2012 | 0.47 | — | 0.51 |
| Dec 31, 2011 | 0.47 | — | 0.48 |
| Dec 31, 2010 | 0.46 | — | 0.48 |
| Dec 31, 2009 | 0.46 | — | 0.47 |
| Dec 31, 2008 | 0.47 | — | 0.48 |
| Dec 31, 2007 | 0.43 | — | 0.50 |
| Dec 31, 2006 | 0.23 | — | 0.47 |
| Dec 31, 2005 | 0.30 | — | 0.45 |
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., total asset turnover, long-term trends, comparison to sector (telecommunication services)
| AT&T Inc. | Telecommunication Services | |
|---|---|---|
| Dec 31, 2023 | 0.30 | 0.34 |
| Dec 31, 2022 | 0.30 | 0.34 |
| Dec 31, 2021 | 0.31 | 0.34 |
| Dec 31, 2020 | 0.33 | 0.35 |
| Dec 31, 2019 | 0.33 | 0.38 |
| Dec 31, 2018 | 0.32 | 0.40 |
| Dec 31, 2017 | 0.36 | 0.42 |
| Dec 31, 2016 | 0.41 | 0.46 |
| Dec 31, 2015 | 0.36 | 0.44 |
| Dec 31, 2014 | 0.45 | 0.50 |
| Dec 31, 2013 | 0.46 | 0.45 |
| Dec 31, 2012 | 0.47 | 0.49 |
| Dec 31, 2011 | 0.47 | 0.47 |
| Dec 31, 2010 | 0.46 | 0.47 |
| Dec 31, 2009 | 0.46 | 0.47 |
| Dec 31, 2008 | 0.47 | 0.47 |
| Dec 31, 2007 | 0.43 | 0.46 |
| Dec 31, 2006 | 0.23 | 0.33 |
| Dec 31, 2005 | 0.30 | 0.38 |
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., total asset turnover, long-term trends, comparison to industry (communication services)
| AT&T Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2023 | 0.30 | 0.48 |
| Dec 31, 2022 | 0.30 | 0.47 |
| Dec 31, 2021 | 0.31 | 0.45 |
| Dec 31, 2020 | 0.33 | 0.41 |
| Dec 31, 2019 | 0.33 | 0.43 |
| Dec 31, 2018 | 0.32 | 0.45 |
| Dec 31, 2017 | 0.36 | 0.46 |
| Dec 31, 2016 | 0.41 | 0.48 |
| Dec 31, 2015 | 0.36 | 0.46 |
| Dec 31, 2014 | 0.45 | 0.49 |
| Dec 31, 2013 | 0.46 | 0.47 |
| Dec 31, 2012 | 0.47 | 0.48 |
| Dec 31, 2011 | 0.47 | 0.47 |
| Dec 31, 2010 | 0.46 | 0.46 |
| Dec 31, 2009 | 0.46 | 0.46 |
| Dec 31, 2008 | 0.47 | 0.47 |
| Dec 31, 2007 | 0.43 | 0.45 |
| Dec 31, 2006 | 0.23 | 0.34 |
| Dec 31, 2005 | 0.30 | 0.37 |
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).