All three tenses have at least two readings, so the archetype blend applies as printed.
All nine metrics read as filed from the record.
What did they actually do?
Has it survived what it has been through?
2 warning events since 2017; the latest 2024-07-12.
From the record
AT&T Inc.'s filings since 2017 show 2 warning events of 2 kinds: a debt default or acceleration notice (8-K item 2.04, the latest 2018-04-23); a material cybersecurity incident (8-K item 1.05, the latest 2024-07-12) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
-2.9% a year over 10 filed years; profitable in 8 of 10.
From the record
AT&T Inc.'s 10 filed years say what it did: revenue went from $164 billion in fiscal 2016 to $126 billion in fiscal 2025, down 2.9% a year; it rose in 4 of 9 years; the deepest fall was 33% from fiscal 2019 to fiscal 2022; net income was positive in 8 of 10 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
Share count shrank 1.8% a year. 25% of cash flow returned. Insiders: 0 sales, 0 purchases.
From the record
Over the 3 fiscal years to 2025-12-31, AT&T Inc.'s diluted share count shrank about 1.8% a year, and dividends and buybacks returned about 25% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-11-03 (their Form 4 filings).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they doing right now?
Is it financially healthy right now?
ROE 17%: 17¢ of profit per shareholder dollar. Leverage 70%: owes 70¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, AT&T Inc. earned about 17 cents of profit for every dollar of shareholders' money. Leverage: it owed about 70 cents per dollar of assets, and net share issuance: its share count shrank 0.3% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
top 32% of 19 in its family; net margin 17.5%.
From the record
AT&T Inc.'s standing among 19 graded names in its industry family: revenue of $126 billion in fiscal 2025 ranks in the top 12% by size; a net margin of 17.5% ranks in the top 18%; revenue growth of 1.3% a year over the last 3 filed years ranks in the bottom 34% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
top 28% of 11 in its family for leadership; chief executive since 2020.
From the record
AT&T Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Stankey, John T (CEO & President, as filed), filing under that title since 2020-07-02, 6.4 years (top 15% of its family); the 21 officers and directors filing in the last fifteen months have been on the record a median of 7 years (top 41%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 21 people in charge now (top 29%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
top 48% of 19 in its family for room to expand.
From the record
AT&T Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $18 billion against debt of $127 billion leaves -25.9% of its assets as net cash, bottom 43% of its family; cash from operations less capital spending is 15.5% of revenue (top 39%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
top 32% of 19 in its family for growth drivers.
From the record
AT&T Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 1.3% a year over the last three filed years against -2.9% over all 10, speeding up (top 13% of its family); the newest year grew 2.7% (bottom 45%); capital spending grew 2% a year (top 26%) (its annual reports). AT&T Inc. reported 6 product lines in fiscal 2025: Wireless Service at $70 billion (56%), Other Capitalized Property Plant and Equipment at $24 billion (20%), Business Service at $16 billion (13%), and 3 more; 3 of 6 grew against the year before (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
top 23% of 17 in its family for expectations against reality.
From the record
AT&T Inc.'s newest year against its own record: revenue of $126 billion in fiscal 2025 came in 2% above the $123 billion its prior three years' pace pointed to (top 32% of its family); net income of $22 billion against a prior three-year average of $5.6 billion (top 9%); a net margin of 17.5% against 4.6% before (top 26%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made