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AT&T (T) Free cash flow history

AT&T's free cash flow was $19.4 billion for the fiscal year ended December 2025, up 5.0% from $18.5 billion a year earlier. In fiscal 2012 it was $19.7 billion. In the most recent quarter (ended March 2026) free cash flow was $2.7 billion, -43.0% from the same quarter a year earlier.

Fiscal yearFree cash flowChange
2025$19.4 billion+5.0%
2024$18.5 billion-9.5%
2023$20.5 billion+26.4%
2022$16.2 billion-38.7%
2021$26.4 billion-7.1%
2020$28.4 billion-2.0%
2019$29.0 billion+29.9%
2018$22.4 billion+28.7%
2017$17.4 billion+2.6%
2016$16.9 billion+1.6%
2015$16.7 billion+64.3%
2014$10.1 billion-26.8%
2013$13.9 billion-29.7%
2012$19.7 billion

More for T: Revenue · Gross profit · Operating income · EBITDA · Net income · Earnings per share (EPS) · Shares outstanding · P/E ratio · All-time high

Source: SEC filings (10-K and 10-Q). Quarterly and trailing 12-month charts are in the interactive chart above.

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Figures come from each company’s SEC filings (10-K and 10-Q) going back to 2012 where available, so this covers US-listed companies. Past P/E = share price at each fiscal year-end ÷ diluted EPS as first reported that year. For information only, not investment advice.

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