Business Overview and Strategy Un-carrier Strategy As America’s supercharged Un-carrier, we have disrupted the telecommunications industry by actively engaging with and listening to our customers and focusing on eliminating their pain points. Our customers benefit from what we believe is an unmatched combination of the best value and best network, alongside an unwavering focus on offering them the best possible service experience and an undisputable drive for disruptive innovation in wireless and beyond. This includes providing added value and what we believe is an exceptional experience while implementing signature Un-carrier initiatives that have changed the industry. We ended annual service contracts, overages, unpredictable international roaming fees and data buckets, among other things.
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 | % of Total |
|---|---|---|---|---|---|---|
Service | $58.37B | $61.32B | $63.24B | $66.18B | $71.31B | 45% |
Postpaid phone revenues | $39.15B | $41.71B | $43.45B | $45.76B | $49.44B | 31% |
Equipment revenues | $20.73B | $17.13B | $14.14B | $14.26B | $15.97B | 10% |
Prepaid revenues | $9.73B | $9.86B | $9.77B | $10.40B | $10.50B | 7% |
Postpaid other revenues | $3.41B | $4.21B | $5.24B | $6.58B | $8.49B | 5% |
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 88.3B | 88.3B | 81.4B | 78.6B | 79.6B | 80.1B |
| Net Income | 11.0B | 11.0B | 11.3B | 8.3B | 2.6B | 3.0B |
| EPS | $9.72 | $9.72 | $9.66 | $6.93 | $2.06 | $2.41 |
| Free Cash Flow | 18.0B | 18.0B | 13.5B | 8.8B | 2.8B | 1.6B |
| ROIC | 10.0% | 10.6% | 10.6% | 8.3% | 3.9% | 4.8% |
| Gross Margin | 75.9% | 75.9% | 76.8% | 76.4% | 72.9% | 71.7% |
| Debt/Equity | 1.48 | 1.48 | 1.29 | 1.18 | 1.11 | 1.07 |
| Dividends/Share | $3.64 | $3.80 | $3.71 | $0.65 | $0.00 | - |
| Operating Income | 18.3B | 18.3B | 18.0B | 14.3B | 6.5B | 6.9B |
| Operating Margin | 20.7% | 20.7% | 22.1% | 18.2% | 8.2% | 8.6% |
| ROE | 18.6% | 18.2% | 18.4% | 12.9% | 3.7% | 4.4% |
| Shares Outstanding | 1,131M | 1,131M | 1,174M | 1,200M | 1,257M | 1,255M |
T-Mobile US, Inc. passes 7 of 9 quality checks, indicating strong fundamentals.
T-Mobile US, Inc. trades at 19.8x trailing earnings, compared to its 15-year median P/E of 22.4x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 11.8x vs a median of 26.7x. The company's 5-year average ROIC is 7.6% with a gross margin of 74.8%. Total shareholder yield (dividends + buybacks) is 6.5%. At current prices, the estimated annualized return to fair value is +142.6%.
T-Mobile US, Inc. (TMUS) has a current P/E ratio of 19.8, compared to its historical median P/E of 22.4. The stock is currently considered Fair based on its historical valuation range.
T-Mobile US, Inc. (TMUS) has a 5-year average return on invested capital (ROIC) of 7.6%. This is below average and may indicate limited pricing power.
T-Mobile US, Inc. (TMUS) has a market capitalization of $217.6B. It is classified as a mega-cap stock.
Yes, T-Mobile US, Inc. (TMUS) pays a dividend with a trailing twelve-month yield of 1.89%. The company also returns capital through share buybacks, with a buyback yield of 4.58%.
Based on historical P/E analysis, T-Mobile US, Inc. (TMUS) appears fair. The current P/E of 19.8 is 12% below its historical median of 22.4. The estimated fair value CAGR (P/E method) is 18.0%.
T-Mobile US, Inc. (TMUS) operates in the Radiotelephone Communications industry, within the Communication Services sector.
T-Mobile US, Inc. (TMUS) reported annual revenue of $88.3 billion in its most recent fiscal year, based on SEC EDGAR filings.
T-Mobile US, Inc. (TMUS) has a net profit margin of 12.4%. This is a healthy margin.
T-Mobile US, Inc. (TMUS) generated $18.0 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
T-Mobile US, Inc. (TMUS) has a debt-to-equity ratio of 1.48. This indicates moderate leverage.
T-Mobile US, Inc. (TMUS) reported earnings per share (EPS) of $9.72 in its most recent fiscal year.
T-Mobile US, Inc. (TMUS) has a return on equity (ROE) of 18.2%. This indicates the company generates strong returns for shareholders.
T-Mobile US, Inc. (TMUS) has a 5-year average gross margin of 74.8%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 18 years of financial data for T-Mobile US, Inc. (TMUS), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
T-Mobile US, Inc. (TMUS) has a book value per share of $52.35, based on its most recent annual SEC filing.