At And T Net Worth 2024 : Income, Revenue, Assets, More
At And T Net Worth
AT&T Inc., a prominent telecommunications company, boasts a At And T Net Worth $136 billion as of 2024. Founded on October 5, 1983, in Delaware, United States, by Alexander Graham Bell and Gardiner Greene Hubbard, AT&T has a rich history rooted in the invention of the telephone.
Over the years, AT&T has undergone mergers and divisions, including the formation of AT&T and Bell Corporation. The company, also known as American Telephone and Telegraphy Company, has consistently ranked in the Fortune Five Hundred for the last sixty years, reaching its peak in the top ten in 1998.
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Summary of At And T Net Worth
At And T Net Worth (2024)
$136 Billion
Net Income
-$8.727 Billion
Revenue
$129.134 Billion
Total Assets
$426.463 Billion
Total Liabilities
$286.485 Billion
PE Ratio
7.04
CEO
John T. Stankey (since Jul 2020)
Headquarters
Dallas, Texas, United States
Number of Employees
Approximately 230,000
Subsidiaries
AT&T Communications, DIRECTV, Cricket Wireless, MORE
In 2005, Southern Bell acquired at and t first net for $16 billion, and the brand has endured, making it the longest-standing fixed-line telephone service provider in the United States. Despite its historical significance, AT&T is considered one of the slower-growing companies in the stock market, according to experts.
AT&T’s revenue for the twelve months ending December 31, 2022, was $129.134 Billion.
Total assets for the same period were $426.463 Billion.
Total liabilities amounted to $286.485 Billion.
The company’s net worth has seen fluctuations over the years, with a growth trajectory from its acquisition in 2005 when its valuation was $16 billion. Today, AT&T is headquartered in Texas and employs approximately 250,000 individuals. Despite not being renowned for extensive charitable work, first net at and t is recognized for its substantial political contributions.
