T-Mobile US, Inc. (TMUS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 22.12B | 24.46B | 21.7B | 26.77B | 27.44B | 18.4B | 22.53B | 19.3B | 19.3B | 19.02B | 18.67B | 20.24B | 18.88B | 19.07B | 21.43B | 17.48B | 17.45B | 20.89B | 16.77B | 20.57B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | 3.52B | 5.6B | 3.31B | 10.26B | 12B | 5.41B | 9.75B | 6.42B | 6.71B | 5.13B | 5.03B | 6.65B | 4.54B | 4.51B | 6.89B | 3.15B | 3.25B | 6.63B | 4.05B | 7.79B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 18.97 | 18.82 | 20.28 | 19.36 | 18.68 | 18.01 | 20.19 | 20.29 | 20.77 | 20.65 | 21.72 | 21.23 | 20.2 | 19.9 | 20.76 | 19.59 | 18.36 | 18.38 | 20.25 | 18.52 |
| Inventory | 2.33B | 2.4B | 2.37B | 1.69B | 1.94B | 1.61B | 1.79B | 1.32B | 1.52B | 1.68B | 1.69B | 1.37B | 1.74B | 1.88B | 2.25B | 2.24B | 2.71B | 2.57B | 1.76B | 1.71B |
| Days Inventory Outstanding | 24.12 | 15.69 | 16.77 | 22.37 | 21.55 | 17.78 | 20.34 | 19.14 | 20.54 | 18.42 | 19.72 | 20.23 | 21.33 | 21.92 | 23.76 | 24.61 | 24.57 | 19.05 | 18.38 | 19.92 |
| Other Current Assets | 5.4B | 5.37B | 5.21B | 4.87B | 3.83B | 1.85B | 2.15B | 2.16B | 2.04B | 2.35B | 2.27B | 2.03B | 2.54B | 2.44B | 2.21B | 1.71B | 1.69B | 2B | 1.58B | 1.64B |
| Total Non-Current Assets | 192.55B | 194.78B | 195.48B | 185.87B | 187.19B | 189.63B | 188.21B | 189.26B | 186.97B | 188.67B | 189.91B | 190.37B | 191.3B | 192.27B | 192.07B | 191.99B | 193.2B | 185.67B | 185.35B | 183.55B |
| Property, Plant & Equipment | 65.05B | 66.78B | 67.74B | 65.32B | 65.9B | 67.02B | 66.79B | 67.73B | 69.23B | 70.84B | 72.04B | 73.06B | 73.48B | 74.06B | 73.92B | 73.94B | 74.74B | 70.08B | 70.2B | 70.33B |
| Fixed Asset Turnover | 0.35x | 0.36x | 0.33x | 0.32x | 0.31x | 0.33x | 0.30x | 0.29x | 0.28x | 0.29x | 0.27x | 0.26x | 0.27x | 0.27x | 0.26x | 0.27x | 0.28x | 0.30x | 0.28x | 0.28x |
| Goodwill | 13.66B | 13.68B | 13.69B | 13.46B | 13.47B | 13.01B | 13.02B | 13.02B | 12.23B | 12.23B | 12.23B | 12.23B | 12.23B | 12.23B | 12.23B | 12.23B | 12.23B | 12.19B | 12.19B | 11.15B |
| Intangible Assets | 3.57B | 3.84B | 101.87B | 98.37B | 101.35B | 103.07B | 101.5B | 101.64B | 99.6B | 99.33B | 99.51B | 98.92B | 99.12B | 99.31B | 99.53B | 99.77B | 97.11B | 97.34B | 97.64B | 87.52B |
| Long-Term Investments | 0 | 2.77B | 2.4B | 2.06B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 214.67B | 219.24B | 217.18B | 212.64B | 214.63B | 208.03B | 210.74B | 208.56B | 206.27B | 207.68B | 208.58B | 210.6B | 210.17B | 211.34B | 213.5B | 209.46B | 210.65B | 206.56B | 202.13B | 204.12B |
| Asset Turnover | 0.11x | 0.11x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.09x | 0.10x | 0.09x | 0.09x | 0.09x | 0.10x | 0.09x | 0.09x | 0.10x | 0.10x | 0.10x | 0.10x |
| Asset Growth % | 0.02% | 5.38% | 3.05% | 1.96% | 4.06% | 0.17% | 1.04% | -0.97% | -1.86% | -1.73% | -2.3% | 0.54% | -0.23% | 2.31% | 5.63% | 2.62% | 3.6% | 3.2% | 5.03% | 9.04% |
| Total Current Liabilities | 20.34B | 24.5B | 24.3B | 22.1B | 23.63B | 20.17B | 20.95B | 23.04B | 20.56B | 20.93B | 21.71B | 24.57B | 23.85B | 24.74B | 26.36B | 20.62B | 21.42B | 23.5B | 19.25B | 21.84B |
| Accounts Payable | 9.52B | 4.4B | 4.71B | 4.14B | 4.01B | 3.78B | 3.05B | 3.29B | 3.35B | 5.57B | 4.6B | 5.46B | 6.43B | 7.21B | 6.82B | 6.29B | 6.74B | 6.5B | 4.1B | 3.85B |
| Days Payables Outstanding | 70.95 | 29.93 | 36.59 | 50.33 | 47.41 | 35.77 | 41.49 | 44.71 | 57.26 | 55.73 | 64.91 | 77.27 | 80.26 | 74.46 | 69.39 | 64.67 | 61.58 | 46.65 | 42.15 | 42.8 |
| Short-Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 2.32B | 2.58B | 2.58B | 2.17B | 1.88B | 1.97B | 1.9B | 4.03B | 1.93B | 1.3B | 2.95B | 1.65B | 2.12B | 1.85B | 1.61B | 1.12B | 959M | 1.07B | 939M | 877M |
| Current Ratio | 1.09x | 1.00x | 0.89x | 1.21x | 1.16x | 0.91x | 1.08x | 0.84x | 0.94x | 0.91x | 0.86x | 0.82x | 0.79x | 0.77x | 0.81x | 0.85x | 0.81x | 0.89x | 0.87x | 0.94x |
| Quick Ratio | 0.97x | 0.90x | 0.80x | 1.13x | 1.08x | 0.83x | 0.99x | 0.78x | 0.86x | 0.83x | 0.78x | 0.77x | 0.72x | 0.69x | 0.73x | 0.74x | 0.69x | 0.78x | 0.78x | 0.86x |
| Cash Conversion Cycle | -27.86 | 4.58 | 0.47 | -8.6 | -7.19 | 0.02 | -0.96 | -5.29 | -15.95 | -16.66 | -23.47 | -35.8 | -38.73 | -32.64 | -24.87 | -20.48 | -18.65 | -9.22 | -3.53 | -4.36 |
| Total Non-Current Liabilities | 138.45B | 135.53B | 132.4B | 129.43B | 129.9B | 126.12B | 125.54B | 122.88B | 123.63B | 122.04B | 122.17B | 120.28B | 119.4B | 116.94B | 116.99B | 118.81B | 119.25B | 113.96B | 114.45B | 114.82B |
| Long-Term Debt | 83.81B | 81.15B | 77.86B | 76.52B | 77.53B | 74.2B | 74.02B | 71.7B | 72.86B | 71.4B | 71.86B | 70.14B | 69.53B | 66.8B | 66.33B | 68.05B | 68.36B | 68.57B | 68.14B | 68.39B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 158.8B | 160.03B | 156.7B | 151.54B | 153.53B | 146.29B | 146.49B | 145.92B | 144.19B | 142.97B | 143.88B | 144.85B | 143.25B | 141.68B | 143.35B | 139.43B | 140.68B | 137.46B | 133.7B | 136.65B |
| Total Debt | 117.73B | 122.27B | 120.44B | 117.86B | 120.91B | 114.4B | 116.15B | 114.15B | 115.66B | 113.09B | 113.9B | 116.55B | 113.93B | 111.79B | 114.16B | 112.08B | 113.51B | 108.82B | 107.43B | 110.7B |
| Net Debt | 114.21B | 116.67B | 116.86B | 107.6B | 108.91B | 109B | 106.4B | 107.73B | 108.95B | 107.95B | 108.87B | 109.9B | 109.39B | 107.28B | 107.28B | 108.92B | 110.27B | 102.19B | 103.38B | 102.91B |
| Debt / Equity | 2.11x | 2.07x | 1.99x | 1.93x | 1.98x | 1.85x | 1.81x | 1.82x | 1.86x | 1.75x | 1.76x | 1.77x | 1.70x | 1.60x | 1.63x | 1.60x | 1.62x | 1.57x | 1.57x | 1.64x |
| Debt / EBITDA | 20.85x | 16.05x | 14.56x | 14.10x | 15.12x | 14.79x | 14.62x | 14.49x | 15.70x | 16.64x | 16.79x | 16.88x | 17.26x | 18.60x | 24.85x | 26.68x | 21.06x | 22.05x | 18.75x | 17.90x |
| Net Debt / EBITDA | 20.22x | 15.31x | 14.13x | 12.87x | 13.62x | 14.09x | 13.39x | 13.68x | 14.79x | 15.88x | 16.05x | 15.92x | 16.57x | 17.85x | 23.35x | 25.93x | 20.45x | 20.71x | 18.04x | 16.64x |
| Interest Coverage | 3.12x | 4.08x | 5.10x | 5.64x | 5.19x | 5.56x | 5.75x | 5.41x | 4.57x | 4.11x | 4.60x | 4.41x | 4.08x | 3.34x | 1.55x | 0.81x | 2.08x | 1.27x | 1.82x | 2.48x |
| Total Equity | 55.88B | 59.2B | 60.48B | 61.11B | 61.1B | 61.74B | 64.25B | 62.64B | 62.07B | 64.72B | 64.7B | 65.75B | 66.92B | 69.66B | 70.15B | 70.03B | 69.98B | 69.1B | 68.43B | 67.47B |
| Equity Growth % | -8.55% | -4.11% | -5.87% | -2.44% | -1.56% | -4.6% | -0.69% | -4.74% | -7.25% | -7.09% | -7.77% | -6.12% | -4.36% | 0.8% | 2.52% | 3.8% | 5.42% | 5.75% | 6.11% | 7.1% |
| Book Value per Share | 50.70 | 52.98 | 53.68 | 53.85 | 53.38 | 52.63 | 54.88 | 53.42 | 52.20 | 53.70 | 55.09 | 55.00 | 54.65 | 55.86 | 55.71 | 55.85 | 55.74 | 55.09 | 54.58 | 53.82 |
| Total Shareholders' Equity | 55.88B | 59.2B | 60.48B | 61.11B | 61.1B | 61.74B | 64.25B | 62.64B | 62.07B | 64.72B | 64.7B | 65.75B | 66.92B | 69.66B | 70.15B | 70.03B | 69.98B | 69.1B | 68.43B | 67.47B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 22.54B | 21.14B | 20.16B | 18.58B | 16.34B | 14.38B | 12.4B | 10.36B | 8.2B | 7.35B | 5.33B | 3.94B | 1.72B | -223M | -1.7B | -2.21B | -2.1B | -2.81B | -3.23B | -3.92B |
| Treasury Stock | -35.5B | -30.55B | -28.06B | -25.57B | -23.09B | -20.58B | -15.92B | -15.27B | -12.98B | -9.37B | -14.09B | -11.39B | -7.83B | -3.02B | -685M | -16M | -16M | -13M | -13M | -14M |
| Accumulated OCI | -835M | -848M | -881M | -908M | -989M | -857M | -889M | -917M | -926M | -964M | -949M | -957M | -1B | -1.05B | -1.26B | -1.29B | -1.33B | -1.36B | -1.48B | -1.51B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |