AT&T's third-quarter service revenue growth accelerated to 3.8%, or about 3% excluding the Lumen fiber acquisition. Service revenue growth had been bounded between 0%-2% over the past three years. Net debt ticked up sharply on spectrum purchases.
Following a period of investment, AT&T will hold a nationwide 5G wireless network with deep spectrum behind it and a fiber network capable of reaching around half of the US population. No carrier can match these assets.
The cost of maintaining dominance in the wireless industry by controlling spectrum has been costly. AT&T has spent more than $60 billion since 2020 on licenses with few prospects for incremental growth.
|
Metric
|
T
|
VZ
|
CMCSA
|
|---|---|---|---|
Price/Earnings (Normalized) | 11.47 | 8.83 | 5.82 |
Price/Book Value | 1.32 | 1.73 | 0.85 |
Price/Sales | 1.13 | 1.31 | 0.64 |
Price/Cash Flow | 3.66 | 4.40 | 2.68 |
|
Metric
|
T
|
VZ
|
CMCSA
|
|---|---|---|---|
Quick Ratio | 0.31 | 0.50 | 0.69 |
Current Ratio | 0.87 | 0.64 | 0.82 |
Interest Coverage | 3.44 | 3.89 | 4.29 |
|
Metric
|
T
|
VZ
|
CMCSA
|
|---|---|---|---|
Return on Assets (Normalized) | 4.11% | 4.06% | 5.09% |
Return on Equity (Normalized) | 16.05% | 15.75% | 14.49% |
Return on Invested Capital (Normalized) | 8.15% | 7.53% | 8.95% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Verizon Communications Inc
VZ
| LOCK|%M^$>M | LOCK|#Z#nD | $179B | |||
| T-Mobile US Inc
TMUS
| LOCK|%Q#?C@z | LOCK|&$>W | $158B | |||
| Deutsche Telekom AG ADR
DTEGY
| LOCK|Q$?<X?& | LOCK|F^>%Y | $136B | |||
| Comcast Corp Class A
CMCSA
| LOCK|FbMj^vf | LOCK|TYC$D | $78B | |||
| America Movil SAB de CV ADR - Series B
AMX
| LOCK|#%!b%& | LOCK|srWc | $72B | |||
| KDDI Corp ADR
KDDIY
| LOCK|L!pxg^ | LOCK|>n?PC | $68B | |||
| Orange SA ADR
ORANY
| LOCK|b<zQ?T | LOCK|wS< | $43B | |||
| Vodafone Group PLC ADR
VOD
| LOCK|VV^<!F | LOCK|!<x | $37B | |||
| EchoStar Corp Class A
ECHO
| LOCK|JT | LOCK|%ML | $26B |
United States