AT&T Inc. (T)

Common-Size Income Statement
Quarterly Data

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AT&T Inc., Common-Size Consolidated Income Statement (quarterly data)

	3 months ended	Mar 31, 2019		Dec 31, 2018		Sep 30, 2018		Jun 30, 2018		Mar 31, 2018		Dec 31, 2017		Sep 30, 2017		Jun 30, 2017		Mar 31, 2017		Dec 31, 2016		Sep 30, 2016		Jun 30, 2016		Mar 31, 2016		Dec 31, 2015		Sep 30, 2015		Jun 30, 2015		Mar 31, 2015		Dec 31, 2014		Sep 30, 2014		Jun 30, 2014		Mar 31, 2014
	Service
	Equipment
	Operating revenues
	Equipment
	Broadcast, programming and operations
	Other cost of revenues, exclusive of depreciation and amortization
	Cost of revenues
	Gross profit
	Selling, general and administrative
	Abandonment of network assets
	Depreciation and amortization
	Operating income
	Interest expense
	Equity in net income (loss) of affiliates
	Other income (expense), net
	Other income (expense)
	Income before income taxes
	Income tax (expense) benefit
	Net income
	Net income attributable to noncontrolling interest
	Net income attributable to AT&T

Item	Description	The company
Operating income	The net result for the period of deducting operating expenses from operating revenues.	AT&T Inc.’s operating income as a percentage of operating revenues declined from Q3 2018 to Q4 2018 but then increased from Q4 2018 to Q1 2019 exceeding Q3 2018 level.
Income before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	AT&T Inc.’s income before income taxes as a percentage of operating revenues declined from Q3 2018 to Q4 2018 but then slightly increased from Q4 2018 to Q1 2019.
Net income attributable to AT&T	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	AT&T Inc.’s net income attributable to AT&T as a percentage of operating revenues declined from Q3 2018 to Q4 2018 and from Q4 2018 to Q1 2019.

	AT&T Inc.	Other companies (not purchased previously)
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Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
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Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality