Company / Free Cash Flow
AT&T INC. Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$20.5B
FY2025
5-year range
$16.2B / $29.0B
FY2021-FY2025
Trend
+26.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Free Cash Flow returned to growth in FY2025 after 3 years of decline, reaching $20.5B.
Based on SEC 10-K filings.
$20.5B in FY2025 with a 5-year CAGR of -1.8%.
Declined from $21.6B to $20.5B over the past 2 years.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -3.5%
- 5-Year CAGR
- -1.8%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -1.8%, indicating a declining trend.
- In FY2025, free cash flow increased 26.4% year-over-year.
- Peak free cash flow was recorded in FY2021.
- Lowest free cash flow in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.62 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $20.5B | +26.4% |
| FY2024 | $16.2B | -25.2% |
| FY2023 | $21.6B | -5.1% |
| FY2022 | $22.8B | -21.5% |
| FY2021 | $29.0B | +29.9% |
| FY2020 | $22.4B | +28.7% |
| FY2019 | $17.4B | +2.6% |
| FY2018 | $16.9B | +1.6% |
| FY2017 | $16.7B | +64.3% |
| FY2016 | $10.1B | -26.8% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026