TORVANTA
Communication Services · S&P 500 · data as of 2026-10-05

TMUS stock analysis: T-Mobile US

T-Mobile US (TMUS) is an S&P 500 company in Wireless Telecommunication Services. It grades weakest on momentum.

The model's view of TMUS · subscribers

Where TMUS ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with TMUS · updated 2026-10-05 · from prices and SEC filings

TMUS price performance

TMUS against the S&P 500, one year
-20%+0%+20%S&P 500 +18%TMUS -29%2025-09-292026-10-05
Year to date-17.1%S&P 500 +14.5% · behind by 31.6 pts
1 year-26.6%S&P 500 +17.0% · behind by 43.6 pts
3 years+26.7%S&P 500 +89.3% · behind by 62.6 pts
5 years+38.8%S&P 500 +91.3% · behind by 52.5 pts

Total returns with dividends reinvested.

TMUS factor grades

Each grade compares TMUS with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

B-ValueP/E 17.2x (sector 17.3x)FCF yield 10.4% (sector 4.6%)
B-GrowthRevenue growth +10% (sector +5%)EPS growth -10% (sector -11%)
BProfitabilityOperating margin 19.8% (sector 20.0%)ROIC 23.4% (sector 17.5%)
D+Momentum12-month change -27%From 52-wk high -27%

TMUS in plain numbers

TMUS key statistics

SectorCommunication Services
IndustryWireless Telecommunication Services
IndexS&P 500
Market value$176.6B
Revenue growth (y/y)+10%
Free-cash-flow yield10.4%
Dividend yield3.1%
Next earnings (expected)2026-10-22
Valuation measures
Market value$176.6B
Enterprise value$179.9B
P/E (trailing)17.2x
Forward P/E (Torvanta estimate)18.3x
Price / sales1.9x
Price / book3.1x
EV / revenue2.0x
EV / EBITDA5.5x
Financial highlights
Revenue, last 12 months$92.2B
Net income, last 12 months$10.6B
EPS, last 12 months (GAAP)$9.57
Operating margin19.8%
Net margin11.5%
Return on equity18.0%
Return on invested capital23.4%
Cash$2.8B
Total debt$6.1B
Debt / equity0.11x
Free cash flow, last 12 months$18.4B
Current ratio0.92x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

TMUS earnings trends

Revenue vs earnings
$0$6.1B$12.2B$18.3B$24.3BSep 2024 Revenue: $20.2BDec 2024 Revenue: $21.9BMar 2025 Revenue: $20.9BJun 2025 Revenue: $21.1BSep 2025 Revenue: $22.0BDec 2025 Revenue: $24.3BMar 2026 Revenue: $23.1BJun 2026 Revenue: $22.8BSep 2024 Net income: $3.1BDec 2024 Net income: $3.0BMar 2025 Net income: $3.0BJun 2025 Net income: $3.2BSep 2025 Net income: $2.7BDec 2025 Net income: $2.1BMar 2026 Net income: $2.5BJun 2026 Net income: $3.2BSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 15.2%Net margin: 13.6%Net margin: 14.1%Net margin: 15.2%Net margin: 12.4%Net margin: 8.6%Net margin: 10.8%Net margin: 14.2%0%8%15%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.8$1.5$2.2$3.0Sep 2024 EPS (GAAP, diluted): $2.6Dec 2024 EPS (GAAP, diluted): $2.6Mar 2025 EPS (GAAP, diluted): $2.6Jun 2025 EPS (GAAP, diluted): $2.8Sep 2025 EPS (GAAP, diluted): $2.4Dec 2025 EPS (GAAP, diluted): $1.9Mar 2026 EPS (GAAP, diluted): $2.3Jun 2026 EPS (GAAP, diluted): $3.0Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 -8% · Dec 2025 -26% · Mar 2026 -12% · Jun 2026 +5%

From the company's 10-Q and 10-K filings with the SEC.

T-Mobile US financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$80.1B$79.6B$78.6B$81.4B$88.3B
Net income$3.0B$2.6B$8.3B$11.3B$11.0B
EPS (GAAP)$2.41$2.06$6.93$9.66$9.73
Free cash flow$1.6B$2.8B$8.8B$13.5B$18.0B

TMUS earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-23$2.99+5%+8%-4.5%
2026-04-28$2.27-12%+11%+8.9%
2026-02-11$1.90-26%+11%+9.2%
2025-10-23$2.41-8%+9%-5.7%
2025-07-23$2.84+14%+7%+5.2%
2025-04-24$2.58+29%+7%-13.1%

About T-Mobile US

HeadquartersBellevue, WA
Industry (SEC code)Radiotelephone Communications
Fiscal year endsDecember 31
Incorporated inDE
Listed onNasdaq, Nasdaq, Nasdaq, Nasdaq
FormerlyMETROPCS COMMUNICATIONS INC

From the company's SEC registration record.

Companies similar to TMUS

CompanyMarket valueP/ERevenue growthOperating margin12-month change
TMUS T-Mobile US$176.6B17.2x+10%19.8%-27%
DIS Walt Disney$178.9B21.4x+5%18.4%-7%compare
T AT&T$166.1B8.0x+3%20.1%-6%compare
VZ Verizon$190.5B11.9x+1%20.5%+12%compare
NFLX Netflix$281.1Bn/a+16%29.7%-41%
WBD Warner Bros Discovery$77.7Bn/a-6%-3.5%+63%
CMCSA Comcast$77.0B7.0x+1%14.7%-23%

All Communication Services stock ratings

Frequently asked questions

Is TMUS stock a buy?

Torvanta does not tell individuals what to buy. Its grades for TMUS are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is TMUS's P/E ratio?

TMUS trades at about 17.2 times its last 12 months of GAAP earnings reported to the SEC, and about 18.3 times Torvanta's own estimate of the next 12 months.

When does TMUS report earnings next?

Based on its filing history, Torvanta expects T-Mobile US to report around 2026-10-22.

Does TMUS pay a dividend?

Yes. Its dividend yield is about 3.1%, and it has raised its dividend 2 years in a row.

How has TMUS performed against the S&P 500?

Over the past year TMUS returned -26.6%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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