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AT&T Inc. logo

AT&T Inc.

Tโ€ขRank #105โ€ขCommunication Servicesโ€ขTelecom Services

Market Cap

$167.9B

Global Rank

#105

All-Time High

$169.0B

2026-07-28

Total Growth

+0%

since 2026

Market Cap Context

  • Larger than 71% of the 367 companies we track (globally).
  • Equivalent to 0.5% of United States's GDP (2025 data).
  • Just above: #104 Gilead Sciences, Inc. ($168.3B)
  • Just below: #106 ABB Ltd ($167.8B)
  • Best year: 2006 (+56%). Worst year: 2002 (-27%).

$126B revenue ยท $25.0B operating income ยท $22.0B net income

  • โ—Operating margin: 19.9% on $125.6B in revenue.
  • โ—Net income margin: 17.5% โ€” $22.0B in profit.
  • โ—Free cash flow: $19.4B (15.5% of revenue).

Cost / Operating Expenses

Total operating expenses $101B

Total

$79.8B

Cost of revenueยท Product / service delivery costs (COGS)$50.8B63.7%
Selling, general & administrativeยท Sales, marketing, and corporate overhead$28.9B36.3%

Capital Expenditures

$20.8B

This fiscal year (near-total AI infrastructure buildout)

Free Cash Flow

$19.4B

Trailing twelve months

Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.

About AT&T Inc.

AT&T Inc., an abbreviation of its predecessor's original name, the American Telephone and Telegraph Company, is an American multinational telecommunications company headquartered at the Whitacre Tower in Downtown Dallas, Texas. AT&T is the world's third-largest telecommunications company by revenue, the third-largest wireless carrier in the United States behind T-Mobile and Verizon, and the nation's largest fiber internet provider. On the New York Stock Exchange, AT&T trades under the ticker symbol "T," and has a market capitalization of $186.83ย billion. On the Fortune 500 (2025) AT&T ranked 37th among the largest American businesses and reported revenues of $125.6ย billion last year.

AT&T Inc. Market Cap History (2026โ€“2026)

AT&T Inc. vs Sector Peers by Market Cap

China Mobile Limited0941.HK
$220.3B
SoftBank Group Corp.9984.T
$209.4B
Verizon Communications Inc.VZ
$196.4B
T-Mobile US, Inc.TMUS
$191.6B
The Walt Disney CompanyDIS
$178.8B
AT&T Inc.T
$167.9B
Deutsche Telekom AGDTE.DE
$147.5B
Bharti Airtel LimitedBHARTIARTL.NS
$143.4B

Compare AT&T Inc.

Ranking History

YearMarket CapRankYoY Change
2026$167.9B#105(โ†“19)-0.6%
2025$168.8B#86+14.0%
2024$148.1B#86(โ†‘23)+44.1%
2023$102.8B#109(โ†“24)-2.7%
2022$105.7B#85(โ†‘16)+6.5%
2021$99.3B#101(โ†“24)-5.9%
2020$105.5B#77(โ†“30)-19.6%
2019$131.3B#47(โ†‘8)+48.5%
2018$88.4B#55(โ†“13)-20.8%
2017$111.6B#42(โ†“13)-2.5%
2016$114.4B#29(โ†‘8)+32.0%
2015$86.7B#37(โ†‘6)+10.3%
2014$78.6B#43(โ†“5)+2.4%
2013$76.7B#38(โ†“7)+11.6%
2012$68.8B#31(โ†“2)+19.5%
2011$57.6B#29(โ†‘5)+11.1%
2010$51.8B#34(โ†‘4)+13.9%
2009$45.5B#38(โ†“14)+6.8%
2008$42.6B#24(โ†‘6)-26.9%
2007$58.2B#30(โ†‘4)+22.1%
2006$47.7B#34(โ†‘13)+55.6%
2005$30.7B#47(โ†“8)+2.0%
2004$30.1B#39(โ†“2)+5.4%
2003$28.5B#37(โ†“5)+3.6%
2002$27.5B#32(โ†“4)-27.5%
2001$38.0B#28(โ†‘1)-15.5%
2000$44.9B#29(โ†“2)+0.8%
1999$44.6B#27(โ†“9)-6.8%
1998$47.8B#18(โ†‘3)+50.8%
1997$31.7B#21(โ†‘2)+47.0%
1996$21.6B#23(โ†“10)-5.3%
1995$22.8B#13(โ†‘3)+48.8%
1994$15.3B#16

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FAQ

What is AT&T Inc.'s market cap?

AT&T Inc. (T) has a market capitalization of $167.9B, making it the #105 largest company in the world by market cap.

What was AT&T Inc.'s highest market cap?

AT&T Inc.'s all-time high market cap was $169.0B, reached in 2026-07-28. Its highest rank was #86 in 2025.

What sector is AT&T Inc. in?

AT&T Inc. is in the Communication Services sector, specifically the Telecom Services industry. It is based in United States.

How has AT&T Inc.'s market cap changed over time?

AT&T Inc. has been tracked since 2026. Its market cap has grown by 0% from $167.9B in 2026 to $167.9B today.