Saturday 17 October 2026 Export TMUS’s income statement to Excel — free account

T-Mobile US, Inc.

TMUS Communication Services Telecom Services

T-Mobile US, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $88.3 billion, up 8.49% from fiscal 2024. In the quarter to June 2026, revenue grew 7.85%, EPS grew 5.28%, free cash flow fell 25.6% and total debt rose 2.19%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for three consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.

159.10 2.07 +1.32%

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Market cap: $168.4B
P/E: 16.6×
Fwd P/E: 17.0×
Dividend yield: 2.56%
F-score: 6/9
Altman Z: 1.67
Beneish M: −2.75
Dividend safety: 68/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 2.98

Total sells 163.64

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	—	—	—	1	—	—	—	—	—
Sell	2	1	—	6	2	—	2	—	—	—	1	—

Insider Ownership 55.96%

Capital & Financial Ratios $m

Market Cap 168,440.00

Revenue 92,189.00

Net Income 10,560.00

Free Cash Flow 16,442.00

Net Debt 80,261.00

Current Ratio 0.92

Debt/Equity 1.48

P/E ratio 16.61

Fwd P/E 17.00

P/S ratio 1.87

P/B ratio 3.06

Past 5Y EPS Growth 29.68%

This Y EPS Growth 12.30%

Next Y EPS Growth 27.89%

Next Y revenue growth 6.82%

Next 5Y EPS Growth 19.99%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 9.44%

10-year low 10-year high

P/S against its own 10 years 43.24%

10-year low 10-year high

P/B against its own 10 years 76.34%

10-year low 10-year high

EV/Sales against its own 10 years 44.71%

10-year low 10-year high

EV/FCF against its own 10 years 0.63%

10-year low 10-year high

Dividends

Payout Ratio 0.43

Annual Dividend Rate 4.08

Annual Dividend Yield 2.56%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	4.15	1.02 1.02 1.02
2025	3.66	0.88 0.88 0.88 1.02
2024	2.83	0.65 0.65 0.65 0.88
2023	0.65	0.65
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	5,135	5,409	5,598	2,825
Receivables	9,148	8,655	9,871	9,962
Inventory	1,678	1,607	2,405	2,191
Other	2,352	1,853	5,372	5,764
	19,015	18,404	24,461	21,769

	2023	2024	2025	Q'26
Payables	10,373	8,463	10,280	8,774
ST’ Debt	—	—	—	—
Other	1,296	1,965	2,575	2,426
	20,928	20,174	24,500	23,554

Compound Annual Growth %

	10y	5y	3y
Sales	10.52%	5.24%	3.53%
Cash Flow	17.84%	26.47%	18.54%
Earnings	32.12%	29.11%	61.90%
Book Value	13.59%	(1.95%)	(5.28%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	23,107	22,791	—	—	—
’25	20,886	21,132	21,957	24,334	88,309
’24	19,594	19,772	20,162	21,872	81,400
’23	19,632	19,196	19,252	20,478	78,558
’22	20,120	19,701	19,477	20,273	79,571
’21	19,759	19,950	19,624	20,785	80,118
’20	11,113	17,671	19,272	20,341	68,397

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	7,222	7,500	—	—	—
’25	6,847	6,992	7,457	6,654	27,950
’24	5,084	5,521	6,139	5,549	22,293
’23	4,051	4,355	5,294	4,859	18,559
’22	3,845	4,209	4,391	4,336	16,781
’21	3,661	3,779	3,477	3,000	13,917
’20	1,617	777	2,772	3,474	8,640

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	4,668	4,329	—	—	—
’25	4,330	5,820	3,246	4,199	17,595
’24	2,396	3,348	1,774	2,563	10,081
’23	977	1,533	2,751	2,640	7,901
’22	(2,379)	521	397	941	(520)
’21	(8,444)	501	126	42	(7,775)
’20	(235)	(2,225)	(428)	(839)	(3,727)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	2.27	2.99	—	—	—
’25	2.58	2.84	2.41	1.88	9.72
’24	2.00	2.49	2.61	2.57	9.66
’23	1.58	1.86	1.82	1.67	6.93
’22	0.57	(0.09)	0.40	1.18	2.06
’21	0.74	0.78	0.55	0.34	2.41
’20	1.10	0.09	1.00	0.60	2.65

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	33.23	54.60	55.09	62.55	63.50	106.70	101.51	124.92	158.84	194.01	Analyst estimates 2026–2028 Powerpack
	High	59.19	68.88	70.94	85.22	135.00	150.20	154.38	161.19	248.15	276.49
People
People	Employees	50,000	51,000	52,000	53,000	75,000	75,000	71,000	67,000	70,000	75,000
	Revenue/emp, $m	0.75	0.80	0.83	0.85	0.91	1.07	1.12	1.17	1.16	1.18
Income, $m
Income, $m	Revenue	37,490	40,604	43,310	44,998	68,397	80,118	79,571	78,558	81,400	88,309
	Gross margin, %	55.85	56.39	57.62	58.84	58.67	54.31	54.50	61.57	63.57	62.89
	EBT	2,327	3,161	3,917	4,603	3,530	3,351	3,146	10,999	14,712	14,281
	EBT margin, %	6.21	7.78	9.04	10.23	5.16	4.18	3.95	14.00	18.07	16.17
	Net income	1,460	4,536	2,888	3,468	3,064	3,024	2,590	8,317	11,339	10,992
	Depreciation	6,243	5,984	6,486	6,616	14,151	16,383	13,651	12,818	12,919	13,508
Per share, $
Per share, $	Revenue	45.58	48.81	50.97	52.68	59.78	64.24	63.67	66.29	69.62	78.29
	Earnings	1.71	5.39	3.36	4.02	2.68	2.42	2.07	7.02	9.70	9.75
	Cash flow	3.38	4.61	4.59	7.99	7.55	11.16	13.43	15.66	19.07	24.78
	Capex	(10.54)	(13.30)	(6.67)	(8.61)	(10.81)	(17.39)	(13.84)	(8.99)	(10.44)	(9.18)
	Free cash flow	(7.16)	(8.70)	(2.08)	(0.63)	(3.26)	(6.23)	(0.42)	6.67	8.62	15.60
	Book value	22.17	27.12	29.09	33.71	57.11	55.41	55.74	54.61	52.81	52.49
	Shares, m	822	832	850	854	1,144	1,247	1,250	1,185	1,169	1,128
Valuation, ×
Valuation, ×	P/E	33.91	11.90	18.76	19.32	47.99	47.93	67.17	23.06	22.76	20.85
	P/S	1.28	1.31	1.25	1.49	2.26	1.81	2.18	2.44	3.17	2.59
	P/B	2.63	2.36	2.19	2.33	2.36	2.09	2.49	2.97	4.18	3.87
	EV/Sales	1.93	2.00	1.90	2.09	3.14	2.63	3.03	3.35	4.07	3.50
	EV/FCF	(12.31)	(11.25)	(46.42)	(175.99)	(57.67)	(27.12)	(464.15)	33.31	32.90	17.57
Cash, $m
Cash, $m	Operating cash flow	2,779	3,831	3,899	6,824	8,640	13,917	16,781	18,559	22,293	27,950
	Capex	(8,670)	(11,065)	(5,668)	(7,358)	(12,367)	(21,692)	(17,301)	(10,658)	(12,212)	(10,355)
	Free cash flow	(5,891)	(7,234)	(1,769)	(534)	(3,727)	(7,775)	(520)	7,901	10,081	17,595
Balance, $m
Balance, $m	Working capital	5,195	(2,600)	(1,986)	(3,201)	2,182	(2,608)	(5,675)	(1,913)	(1,770)	(39)
	Total debt	30,053	29,297	29,263	28,526	71,018	72,831	72,100	76,412	79,012	85,786
	Net debt	24,553	28,078	28,060	26,998	60,633	66,200	67,593	71,277	73,603	80,188
	Shareholders’ equity	18,236	22,559	24,718	28,789	65,344	69,102	69,656	64,715	61,741	59,203
Returns, %
Returns, %	ROA	2.19	6.57	4.04	4.35	2.13	1.49	1.24	3.97	5.46	5.15
	ROIC	5.92	6.03	6.29	6.41	3.29	3.18	2.98	6.56	8.32	8.20
	ROE	8.08	21.97	12.22	12.96	6.51	4.50	3.73	12.38	17.93	18.18

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
VZ Verizon Communications Inc.	$184.5B	11.6×	9.4×	−0.73% (below 0%: shrinking)	−22.03% (below 0%: shrinking)	+5.91% (above 0%: growing)	61.80%	20.96%	Compare
TMUS T-Mobile US, Inc.	$168.4B	16.6×	17.0×	+7.85% (above 0%: growing)	+5.28% (above 0%: growing)	−25.62% (below 0%: shrinking)	64.75%	24.09%
T AT&T Inc.	$161.0B	7.8×	10.0×	+2.30% (above 0%: growing)	+6.45% (above 0%: growing)	+4.83% (above 0%: growing)	61.83%	22.30%	Compare
CMCSA Comcast Corporation	$77.3B	7.1×	8.2×	−1.23% (below 0%: shrinking)	−66.78% (below 0%: shrinking)	+2.27% (above 0%: growing)	37.09%	17.23%	Compare
AMX America Movil, S.A.B. de C.V. Unsponsored ADR	$68.7B	13.8×	12.1×	+15.58% (above 0%: growing)	+23.68% (above 0%: growing)	−25.28% (below 0%: shrinking)	63.33%	21.49%	Compare
CHT Chunghwa Telecom Co., Ltd.	$37.0B	28.9×	—	+5.50% (above 0%: growing)	+2.33% (above 0%: growing)	+39.64% (above 0%: growing)	37.54%	21.61%	Compare
VOD Vodafone Group PLC	$36.7B	32.7×	13.4×	−11.38% (below 0%: shrinking)	−130.12% (below 0%: shrinking)	−16.70% (below 0%: shrinking)	30.36%	0.00%	Compare
ORANY Orange	$29.8B	6.8×	—	−5.73% (below 0%: shrinking)	+128.97% (above 0%: growing)	+104.16% (above 0%: growing)	16.49%	0.00%	Compare
ECHO EchoStar Corporation	$25.3B	— (loss-making)	68.0×	−3.99% (below 0%: shrinking)	n/m	+64.20% (above 0%: growing)	34.37%	14.34%	Compare
Median of peers	$52.8B	11.6×	11.0×	−0.98%	+2.33%	+5.37%	37.32%	19.10%

All 55 Telecom Services stocks →

T-Mobile US, Inc. (TMUS) key facts

Concern: Net income was $11.0 billion, or $9.75 per share (basic), a net margin of 12.5%.
Strength: T-Mobile US, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $88.3 billion, up 8.49% from fiscal 2024.
T-Mobile US, Inc. (TMUS) is a Telecom Services company in the Communication Services sector, listed on Nasdaq.
As of October 16, 2026, TMUS traded at $159.10, a market capitalization of $168.4 billion.
At that price the stock trades at 16.6× trailing-twelve-month earnings and 1.9× sales; its P/E is higher than 9% of its own readings over the past ten years.
T-Mobile US, Inc. pays an annual dividend of $4.08 per share, a yield of 2.56%, with a payout ratio of 42.7%.
Return on equity was 18.2% and debt-to-equity 1.48.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.67 (distress zone) for fiscal 2025.