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TMUST-Mobile US, Inc.
$184.73$199.9B
Overview & Verdict
OverviewShould I Buy?
Valuation & Forecasts
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TMUS logoT-Mobile US, Inc.(TMUS)Earnings, Financials & Key Ratios

TMUS•NASDAQ
$184.73
19.0× P/E·Price updated Jul 7, 2026
SectorCommunication ServicesIndustryTelecom ServicesSub-IndustryMobile Network Operators
AboutT-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 108.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories. In addition, the company offers services, devices, and accessories under the T-Mobile and Metro by T-Mobile brands through its owned and operated retail stores, T-Mobile app and customer care channels, and its websites. It also sells its devices to dealers and other third-party distributors for resale through independent third-party retail outlets and various third-party websites. As of December 31, 2021, it operated approximately 102,000 macro cell and 41,000 small cell/distributed antenna system sites. The company was founded in 1994 and is headquartered in Bellevue, Washington.Show more
  • Revenue$88.31B+8.5%
  • EBITDA$32.25B+4.3%
  • Net Income$10.99B-3.1%
  • EPS (Diluted)9.72+0.6%
  • Gross Margin47.64%-25.1%
  • EBITDA Margin36.52%-3.9%
  • Operating Margin21.23%-4.1%
  • Net Margin12.45%-10.6%
  • ROE18.18%+1.4%

TMUS Price & Volume

T-Mobile US, Inc. (TMUS) stock price & volume — 10-year historical chart

Loading chart...

Accelerating Revenue Growth Amidst Structural Leverage Risks

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Accelerating
Profitability:Strong
Financial:Strained
Cash Flow:Robust
Primary Risk:High leverage and refinancing

Key Thesis Takeaways

  • T-Mobile US demonstrates a compelling growth trajectory with revenue expanding 10.6% YoY in 2026Q1, supported by effective mid-band spectrum utilization and operational scaling.
  • However, the company's aggressive pivot toward shareholder returns, evidenced by $4.8 billion in quarterly share repurchases, occurs against a backdrop of rising debt-to-equity ratios reaching 2.11.
  • Investors should monitor the sustainability of these capital returns given the persistent capital intensity and the potential for margin compression from competitive promotional subsidies.

Verdict Logic

while the company shows robust cash generation with an OCF/NI ratio of 2.88, the combination of a 2.11 debt-to-equity ratio and aggressive share buybacks warrants caution regarding long-term balance sheet flexibility.

TMUS Growth Metrics

T-Mobile US, Inc. (TMUS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.52%
5 Years5.24%
3 Years3.53%
TTM9.48%

Profit CAGR

10 Years31.1%
5 Years29.11%
3 Years61.9%
TTM-11.54%

EPS CAGR

10 Years28.05%
5 Years29.68%
3 Years67.73%
TTM-8.2%

Return on Capital

10 Years7.26%
5 Years6.88%
3 Years9.02%
Last Year9.8%

TMUS Recent Earnings

T-Mobile US, Inc. (TMUS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 28, 2026
Metric
Actual
Est
EPS
$2.28+13.4%
$2.01
Rev
$23.1B+0.5%
$23.0B
Q1 2026
Feb 11, 2026
Metric
Actual
Est
EPS
$1.88-8.3%
$2.05
Rev
$24.3B+0.7%
$24.2B
Q4 2025
Oct 23, 2025
Metric
Actual
Est
EPS
$2.59+7.9%
$2.40
Rev
$22.0B+0.2%
$21.9B
Q3 2025
Jul 23, 2025
Metric
Actual
Est
EPS
$2.84+6.4%
$2.67
Rev
$21.1B+0.5%
$21.0B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 28, 2026
$2.28vs $2.01+13.4%
$23.1Bvs $23.0B+0.5%
Q1 2026Feb 11, 2026
$1.88vs $2.05-8.3%
$24.3Bvs $24.2B+0.7%
Q4 2025Oct 23, 2025
$2.59vs $2.40+7.9%
$22.0Bvs $21.9B+0.2%
Q3 2025Jul 23, 2025
$2.84vs $2.67+6.4%
$21.1Bvs $21.0B+0.5%
Based on last 12 quarters of dataView full earnings history →

Latest TMUS News

Recent stock market news and headlines for T-Mobile US, Inc. (TMUS)

Business Wire·15h ago
T-Mobile Appoints Chris Sambar Chief Enterprise Officer and Evolves Leadership Team to Advance its Next Era of Strategic Growth and Innovation

BELLEVUE, Wash.--(BUSINESS WIRE)--T‑Mobile (NASDAQ: TMUS) today announced that wireless industry veteran Chris Sambar will join the company as Chief Enterprise Officer, effective no later than October 14, 2026. Mr. Sambar will report to T-Mobile CEO Srini Gopalan and will lead T-Mobile's fast-growing SMB, enterprise and government businesses while scaling the company's emerging growth opportunities. Mr. Sambar joins from Public Storage, where he is Chief Operating Officer. He previously spent t.

The Motley Fool·1 day ago
Move Over SpaceX: These 2 Space Stocks Are Nipping at Its Heels

SpaceX does everything from orbital launches to mobile broadband to artificial intelligence to owning X (formerly known as Twitter). Its satellite-to-surface broadband arm, however, faces new and motivated competition.

Schaeffers Research·1 day ago
Bank of America Bets on This Overlooked Telecom Stock

T-Mobile U.S. Inc (NASDAQ:TMUS) stock is enjoying a 1.4% lift to trade at $180.06 this morning, after landing an upgrade to "buy" from "neutral" at Bank of America.

Schaeffers Research·1 day ago
Chip Stocks Boost Nasdaq, S&P 500 Futures to Start the Week

Stock futures are moving mixed after last week's wild tech-fueled performance

247 Wallst·2 days ago
Here Are Monday’s Best Wall Street Analyst Research Calls: Agnico Eagle Mines, Datadog, Delta Air Lines, Gilead Sciences, Okta, Pfizer, Regions Financial, T-Mobile, and More

Pre-Market Stock Futures: Futures are trading mixed as we get ready to start the first full week of trading for the third quarter, as traders and investors return from the long 4th of July holiday. With second-quarter earnings starting this week, and with all of the major indices trading at or near all-time highs, you... Here Are Monday's Best Wall Street Analyst Research Calls: Agnico Eagle Mines, Datadog, Delta Air Lines, Gilead Sciences, Okta, Pfizer, Regions Financial, T-Mobile, and More

Peers Comparison

Key metrics vs top competitors for T-Mobile US, Inc. (TMUS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TMUS logoTMUST-Mobile US, Inc.Current
$184.73$199.92B19.018.49%12.45%18.18%1.97%
VZ logoVZVerizon Communications Inc.
$42.59$177.84B10.492.52%12.46%16.47%—
T logoTAT&T Inc.
$20.49$143.09B6.742.71%16.92%16.85%—
LUMN logoLUMNLumen Technologies, Inc.
$6.44$6.63B-3.68-5.39%-14.34%-79.42%—
CABO logoCABOCable One, Inc.
$42.63$241.81M-0.67-4.95%-17.67%-18.33%—
CHTR logoCHTRCharter Communications, Inc.
$138.02$17.48B3.81-0.56%9.39%25.18%—

Compare TMUS vs Peers

T-Mobile US, Inc. (TMUS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VZ

Most directly comparable listed peer for TMUS.

Scale Benchmark

vs AAPL

Larger-name benchmark to compare TMUS against a more recognizable public peer.

Peer Set

Compare Top 5

vs VZ, T, LUMN, CABO

TMUS SEC Filings & Documents

T-Mobile US, Inc. (TMUS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 28, 2026·SEC

Material company update

Apr 23, 2026·SEC

Material company update

Mar 31, 2026·SEC

10-K Annual Reports

1
FY 2026

Feb 11, 2026·SEC

10-Q Quarterly Reports

4
FY 2026

Apr 28, 2026·SEC

FY 2025

Oct 23, 2025·SEC

FY 2025

Jul 23, 2025·SEC

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TMUS Frequently Asked Questions

T-Mobile US, Inc. (TMUS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is T-Mobile US, Inc.'s revenue?

T-Mobile US, Inc. (TMUS) reported $90.53B in revenue for fiscal year 2025.

How fast is T-Mobile US, Inc. growing?

T-Mobile US, Inc. (TMUS) grew revenue by 8.5% over the past year. This is steady growth.

Is TMUS profitable?

Yes, T-Mobile US, Inc. (TMUS) is profitable, generating $10.54B in net income for fiscal year 2025 (12.4% net margin).

Dividend & Returns
Does TMUS pay dividends?

Yes, T-Mobile US, Inc. (TMUS) pays a dividend with a yield of 1.97%. This makes it attractive for income-focused investors.

What is TMUS's return on equity?

T-Mobile US, Inc. (TMUS) has a return on equity (ROE) of 18.2%. This is reasonable for most industries.

What is T-Mobile US, Inc.'s free cash flow?

T-Mobile US, Inc. (TMUS) generated $10.70B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in TMUS back in 2000?

Total return calculator · dividends reinvested · 26+ years of data

See returns →