T-Mobile US
TMUS Nasdaq· Wireless Telecommunication Services
Last close · Oct 26, 2026
$146.93
KIRA · Stoqly’s AI analyst, in plain words
- T-Mobile US had $88.3B of revenue in fiscal 2025, up 8.5% on the year before. Over five years, revenue changed +5.2% a year on average.
- Its operating margin was 20.7%, down 1.4 pts: of every 100 in sales, about 21 is left after running the business.
- T-Mobile US made $11.0B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 21.5% a year.
- Free cash flow was $18.0B in fiscal 2025, 20.4% of revenue.
- T-Mobile US returned $14.1B to shareholders in fiscal 2025, 78% of free cash flow. The diluted share count fell 3.6%.
- T-Mobile US owes $88.1B more than it holds in cash, about 2.8 years of operating profit.
Market cap
$159.0B
P/E
15.4x
Revenue
$88.3B
Net income
$11.0B
Free cash flow
$18.0B
Operating margin
20.7%
T-Mobile US in 30 seconds · fiscal 2025
Are sales growing?
+8.5%
Yes. Sales grew 8.5% last year.
Does it make a profit?
12.5%
Yes. It keeps 12.5% of every sale as profit.
Does profit turn into cash?
20.4%
Yes. 20.4% of sales ends up as free cash.
Is debt under control?
2.8x
Keep an eye on it. Repaying its debt would take 2.8 years of operating profit.
How healthy are the accounts?
6 / 8
Mixed. It passes 6 of 8 health tests.
How is the share priced?
15.4x
One share costs 15.4 times its yearly profit per share. Typical for its sector: 17.3x.
What T-Mobile US does
T-Mobile US is a mobile phone company. It sells wireless phone and data plans and home internet through a 5G fixed wireless service that runs over its cell network and, in some places, fiber lines. Its brands are T-Mobile, Metro by T-Mobile, Mint Mobile and Ultra Mobile. It also sells phones, tablets and other devices, often paid off in monthly installments, and rents network access to other companies that resell service under their own names. Nearly all of its revenue comes from the United States. At the end of 2025 it served 142.4 million customers. Most of its service revenue comes from postpaid customers, who pay after using the service, at 81%; prepaid customers made up 15% and wholesale and other services 4%. Total revenues grew by $6.9 billion in 2025. T-Mobile says it is the second-largest US wireless carrier by customers; its main rivals are AT&T and Verizon, and in home internet, cable, satellite and fiber providers.
Biggest risks, in its own words
- Losing customers in a highly competitive industry, or failing to win new ones.
- Cyberattacks and data breaches, which it has suffered before.
- The scarcity and cost of wireless spectrum, the airwaves its network needs.
- Folding in the UScellular business, which may bring network and customer problems.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 11, 2026
- Legal name
- T-MOBILE US, INC.
- CIK
- 0001283699
T-Mobile US · TMUS
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $80.1B | $79.6B | $78.6B | $81.4B | $88.3B |
| Revenue growth | 17.1% | −0.7% | −1.3% | 3.6% | 8.5% |
| Operating margin | 8.6% | 8.2% | 18.2% | 22.1% | 20.7% |
| Net income | $3.0B | $2.6B | $8.3B | $11.3B | $11.0B |
| Net margin | 3.8% | 3.3% | 10.6% | 13.9% | 12.5% |
| Diluted EPS | $2.41 | $2.06 | $6.93 | $9.66 | $9.72 |
| Cash | |||||
| Cash from operations | $13.9B | $16.8B | $18.6B | $22.3B | $28.0B |
| Capital expenditure | $12.3B | $14.0B | $9.8B | $8.8B | $10.0B |
| Free cash flow | $1.6B | $2.8B | $8.8B | $13.5B | $18.0B |
| FCF margin | 2.0% | 3.5% | 11.2% | 16.5% | 20.4% |
| Dividends paid | $0.0M | $0.0M | $747M | $3.3B | $4.1B |
| Share buybacks | $0.0M | $3.0B | $13.1B | $11.2B | $10.0B |
| Share count change | 8.7% | 0.1% | −4.4% | −2.3% | −3.6% |
| Debt and strength | |||||
| Cash and short-term investments | $6.6B | $4.5B | $5.1B | $5.4B | $5.6B |
| Debt incl. finance leases | $80.1B | $79.7B | $81.1B | $84.7B | $93.7B |
| Shareholders' equity | $69.1B | $69.7B | $64.7B | $61.7B | $59.2B |
| Net debt / EBITDA | 3.2x | 3.7x | 2.8x | 2.6x | 2.8x |
| Current ratio | 0.9x | 0.8x | 0.9x | 0.9x | 1.0x |
| Interest coverage | 2.2x | 1.9x | 4.0x | 4.9x | 4.7x |
| Returns and quality | |||||
| Return on capital | 4.5% | 3.8% | 7.6% | 9.9% | 9.8% |
| Return on equity | 4.5% | 3.7% | 12.4% | 17.9% | 18.2% |
| Piotroski F-score | 4 | 4 | 6 | 7 | 6 |
| Altman Z'' | 0.6 | 0.5 | 1.0 | 1.2 | 1.3 |
Insiders bought, 12 months
$3.0M
2 insiders
Insiders sold, 12 months
$176M
11 insiders
Of sales under plans
15%
$27.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
T-Mobile US · TMUS
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| T-Mobile US TMUS | $159.0B | 8.5% | 20.7% | 20.4% | 9.8% | 15.4x | 6 |
| EchoStar ECHO | $31.4B | −5.2% | −118.1% | −7.1% | −39.9% | — | 1 |
| Shenandoah Telecommunication... SHEN | $575M | 9.1% | −6.5% | −72.1% | −1.3% | — | 3 |
| AST SpaceMobile ASTS | $11.9B | 1,511.8% | — | −1,602.2% | — | — | 4 |
| Disney DIS | $192.4B | 3.4% | 18.6% | 10.7% | 11.8% | 22.8x | 7 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $146.93 a share, the company is worth $159.0B: 15.4 times its earnings of the last four quarters.
T-Mobile US grew sales faster than 2 of its 4 similar companies. Its P/E is higher than 0 of 1.
Source: SEC EDGAR XBRL filings (CIK 0001283699). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.