AT&T Inc. Financial Flexibility Index
AT&T Inc. financial flexibility index. AT&T Inc. (T) has a Financial Flexibility Index of 0.05x as of June 2026. Free cash flow of $16.57 Billion (operating CF $10.87 Billion minus capex $5.70 Billion) represents 0% of total liabilities ($301.93 Billion). Explore T capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of AT&T Inc. (1989–2025)
Financial flexibility index of AT&T Inc. from 1989 to 2025. Historical Financial Flexibility Index trend for AT&T Inc. across 37 annual periods. Check AT&T Inc. cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
AT&T Inc. Financial Flexibility Index by Year (1989–2025)
AT&T Inc. financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for AT&T Inc.. For the full cash flow conversion analysis, see T operating cash flow.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | $61.13 Billion | $40.28 Billion | $291.71 Billion | ▼ -2.5% |
| 2024 | 0.22x | $59.03 Billion | $38.77 Billion | $274.57 Billion | ▲ +10.1% |
| 2023 | 0.20x | $56.17 Billion | $38.31 Billion | $287.64 Billion | ▲ +12.1% |
| 2022 | 0.17x | $51.65 Billion | $32.02 Billion | $296.40 Billion | ▲ +9.6% |
| 2021 | 0.16x | $58.48 Billion | $41.96 Billion | $367.77 Billion | ▼ -6.3% |
| 2020 | 0.17x | $58.80 Billion | $43.13 Billion | $346.52 Billion | ▼ -12.9% |
| 2019 | 0.19x | $68.10 Billion | $48.67 Billion | $349.74 Billion | ▲ +2.3% |
| 2018 | 0.19x | $64.36 Billion | $43.60 Billion | $337.98 Billion | ▼ -1.9% |
| 2017 | 0.19x | $58.66 Billion | $38.01 Billion | $302.09 Billion | ▼ -10.8% |
| 2016 | 0.22x | $60.86 Billion | $39.34 Billion | $279.71 Billion | ▲ +10.2% |
| 2015 | 0.20x | $55.10 Billion | $35.88 Billion | $279.03 Billion | ▼ -22.4% |
| 2014 | 0.25x | $52.54 Billion | $31.34 Billion | $206.56 Billion | ▼ -15.0% |
| 2013 | 0.30x | $55.74 Billion | $34.80 Billion | $186.31 Billion | ▼ -8.4% |
| 2012 | 0.33x | $58.64 Billion | $39.18 Billion | $179.62 Billion | ▼ -1.8% |
| 2011 | 0.33x | $54.76 Billion | $34.65 Billion | $164.65 Billion | ▼ -4.0% |
| 2010 | 0.35x | $54.52 Billion | $34.99 Billion | $157.44 Billion | ▲ +12.9% |
| 2009 | 0.31x | $51.04 Billion | $34.45 Billion | $166.32 Billion | ▼ -3.0% |
| 2008 | 0.32x | $53.33 Billion | $33.66 Billion | $168.50 Billion | ▼ -2.0% |
| 2007 | 0.32x | $51.79 Billion | $34.07 Billion | $160.28 Billion | ▲ +109.4% |
| 2006 | 0.15x | $23.93 Billion | $15.62 Billion | $155.09 Billion | ▼ -24.3% |
| 2005 | 0.20x | $18.55 Billion | $12.97 Billion | $90.94 Billion | ▼ -11.4% |
| 2004 | 0.23x | $16.05 Billion | $10.96 Billion | $69.76 Billion | ▼ -23.9% |
| 2003 | 0.30x | $18.74 Billion | $13.52 Billion | $61.98 Billion | ▼ -15.1% |
| 2002 | 0.36x | $22.02 Billion | $15.21 Billion | $61.86 Billion | ▼ -13.2% |
| 2001 | 0.41x | $25.99 Billion | $14.80 Billion | $63.40 Billion | ▲ +0.4% |
| 2000 | 0.41x | $27.42 Billion | $14.30 Billion | $67.19 Billion | ▼ -15.8% |
| 1999 | 0.48x | $26.88 Billion | $16.58 Billion | $55.49 Billion | ▲ +73.3% |
| 1998 | 0.28x | $14.31 Billion | $8.38 Billion | $51.19 Billion | ▼ -26.9% |
| 1997 | 0.38x | $12.74 Billion | $6.97 Billion | $33.32 Billion | ▲ +40.4% |
| 1996 | 0.27x | $7.85 Billion | $4.82 Billion | $28.84 Billion | ▼ -32.6% |
| 1995 | 0.40x | $6.36 Billion | $4.02 Billion | $15.75 Billion | ▲ +12.8% |
| 1994 | 0.36x | $6.32 Billion | $3.97 Billion | $17.65 Billion | ▲ +5.8% |
| 1993 | 0.34x | $5.66 Billion | $3.44 Billion | $16.74 Billion | ▼ -14.8% |
| 1992 | 0.40x | $5.76 Billion | $3.61 Billion | $14.51 Billion | ▲ +20.5% |
| 1991 | 0.33x | $4.72 Billion | $2.89 Billion | $14.32 Billion | ▲ +0.8% |
| 1990 | 0.33x | $4.45 Billion | $2.67 Billion | $13.61 Billion | ▼ -1.6% |
| 1989 | 0.33x | $4.25 Billion | $2.77 Billion | $12.79 Billion | — |