AT&T Inc. (T): ev to ebit, 10 filed years
EV/EBIT at AT&T Inc. was 13.25x in FY2025, the newest filed year. Across the 7 computed years from FY2018 it ranged from 11.74x (FY2023) to 40.51x (FY2020), with a median of 13.25x.
Tonight's figure on the company page: 12.85x, at the close of 2026-10-15, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | EV/EBIT | Read from |
|---|---|---|
| FY2016 The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read. | n/a | 10-K, filed 2017-02-17 |
| FY2017 The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read. | n/a | 10-K, filed 2018-02-20 |
| FY2018 | 12.26x | 10-K, filed 2019-02-20 |
| FY2019 | 14.22x | 10-K, filed 2020-02-20 |
| FY2020 | 40.51x | 10-K, filed 2021-02-25 |
| FY2021 | 12.34x | 10-K, filed 2022-02-16 |
| FY2022 Operating income is zero or below, so the multiple is not defined (n/m). | n/m | 10-K, filed 2023-02-13 |
| FY2023 | 11.74x | 10-K, filed 2024-02-23 |
| FY2024 | 16.10x | 10-K, filed 2025-02-12 |
| FY2025 | 13.25x | 10-K, filed 2026-02-09 |
How each year is computed
(Close at fiscal year end x diluted shares + total debt - cash) / operating income
P/E, free cash flow yield and EV to EBIT set each filed year against the close on or within a week before that fiscal year's end. The price archive here is about five years deep, so older years of those three read n/a. Per-share figures and share counts are put on today's share count after a confirmed split, the basis the price archive is kept on.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.