T FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
T's fcf yield is lower than 83% of the last 10 years.
FCF Yield History
T FCF Yield by year
Yearly range of T’s fcf yield from 2016 to 2026. Over the full period it ranged from 7.9% to 20.5%, averaging 13.2%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 8.5% | 10.3% | 12.4% | 9.9% |
| 2025 | 9.1% | 10.2% | 11.9% | 10.9% |
| 2024 | 11.3% | 15.3% | 18.9% | 11.3% |
| 2023 | 7.9% | 13.6% | 19.2% | 16.4% |
| 2022 | 9.0% | 13.3% | 20.4% | 9.6% |
| 2021 | 16.0% | 17.8% | 20.5% | 19.0% |
| 2020 | 13.4% | 16.4% | 19.7% | 17.6% |
| 2019 | 13.2% | 14.3% | 16.5% | 13.5% |
| 2018 | 9.5% | 10.9% | 14.5% | 14.5% |
| 2017 | 8.9% | 9.7% | 11.4% | 9.6% |
| 2016 | 8.6% | 9.4% | 10.2% | 8.7% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is T FCF Yield High or Low Right Now?
AT&T Inc.'s FCF Yield is currently 9.9%, which is historically low relative to its 10-year historical range. The 10-year median FCF Yield for T is approximately 12.5%. See all T valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.