AT&T Inc. (T) — Cash Flow Quality Index
AT&T Inc. (T) has a Cash Flow Quality Index of 1.95x as of March 2026. Operating cash flow of $7.56 Billion exceeds net income of $3.87 Billion, indicating high earnings quality where cash backs reported profits. Explore AT&T Inc. strategic investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
AT&T Inc. Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for AT&T Inc. across 35 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check AT&T Inc. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for AT&T Inc. (1989–2025)
Year-by-year earnings quality comparison for AT&T Inc.. For live market cap and the full company financial profile, see AT&T Inc. market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.72x | $40.28 Billion | $23.39 Billion | ▼ -45.6% |
| 2024 | 3.16x | $38.77 Billion | $12.25 Billion | ▲ +18.9% |
| 2023 | 2.66x | $38.31 Billion | $14.40 Billion | ▲ +36.2% |
| 2021 | 1.95x | $41.96 Billion | $21.48 Billion | ▼ -39.9% |
| 2019 | 3.25x | $48.67 Billion | $14.97 Billion | ▲ +44.4% |
| 2018 | 2.25x | $43.60 Billion | $19.37 Billion | ▲ +74.4% |
| 2017 | 1.29x | $38.01 Billion | $29.45 Billion | ▼ -57.4% |
| 2016 | 3.03x | $39.34 Billion | $12.98 Billion | ▲ +12.8% |
| 2015 | 2.69x | $35.88 Billion | $13.35 Billion | ▼ -42.2% |
| 2014 | 4.65x | $31.34 Billion | $6.74 Billion | ▼ -6.5% |
| 2013 | 4.97x | $34.80 Billion | $7.00 Billion | ▼ -7.8% |
| 2012 | 5.39x | $39.18 Billion | $7.26 Billion | ▼ -34.9% |
| 2011 | 8.28x | $34.65 Billion | $4.18 Billion | ▲ +370.1% |
| 2010 | 1.76x | $34.99 Billion | $19.86 Billion | ▼ -34.3% |
| 2009 | 2.68x | $34.45 Billion | $12.84 Billion | ▲ +2.5% |
| 2008 | 2.62x | $33.66 Billion | $12.87 Billion | ▼ -6.7% |
| 2007 | 2.80x | $34.07 Billion | $12.15 Billion | ▲ +32.1% |
| 2006 | 2.12x | $15.62 Billion | $7.36 Billion | ▼ -21.7% |
| 2005 | 2.71x | $12.97 Billion | $4.79 Billion | ▲ +23.2% |
| 2004 | 2.20x | $10.96 Billion | $4.98 Billion | ▼ -85.4% |
| 2003 | 15.05x | $13.52 Billion | $898.00 Million | ▲ +459.4% |
| 2002 | 2.69x | $15.21 Billion | $5.65 Billion | ▲ +27.4% |
| 2001 | 2.11x | $14.80 Billion | $7.01 Billion | ▼ -80.9% |
| 2000 | 11.04x | $14.30 Billion | $1.29 Billion | ▲ +205.7% |
| 1999 | 3.61x | $16.58 Billion | $4.59 Billion | ▼ -59.6% |
| 1998 | 8.93x | $8.38 Billion | $938.00 Million | ▲ +89.0% |
| 1997 | 4.73x | $6.97 Billion | $1.47 Billion | ▲ +240.8% |
| 1996 | 1.39x | $4.82 Billion | $3.48 Billion | ▼ -82.1% |
| 1995 | 7.76x | $4.02 Billion | $517.80 Million | ▲ +222.7% |
| 1994 | 2.41x | $3.97 Billion | $1.65 Billion | ▲ +0.4% |
| 1993 | 2.40x | $3.44 Billion | $1.44 Billion | ▼ -13.7% |
| 1992 | 2.78x | $3.61 Billion | $1.30 Billion | ▲ +11.0% |
| 1991 | 2.50x | $2.89 Billion | $1.16 Billion | ▲ +3.1% |
| 1990 | 2.43x | $2.67 Billion | $1.10 Billion | ▼ -4.2% |
| 1989 | 2.53x | $2.77 Billion | $1.09 Billion | — |