T-Mobile is the second-largest wireless carrier in the US, serving roughly 86 million postpaid and 26 million prepaid phone customers — about 30% of the retail wireless market. Revenue comes primarily from monthly subscriber fees. Beyond phones, it has built a meaningful fixed-wireless broadband business with 8 million home and business internet customers, plus about 1 million fiber customers through joint ventures with fiber network operators. It also earns wholesale revenue by selling network access to smaller wireless resellers.
Employees75,000IPOApr 19, 2007SIC4812HQ12920 SE 38th Street, Bellevue, WA, USA, 98006-1350
to
Financials
Profitability
Metric
Current
Margins
Gross Margin
62.2%
Operating Margin
20.1%
EBITDA Margin
35.0%
Net Margin
11.5%
OCF Margin
31.3%
FCF Margin
17.6%
Returns on Capital
ROE
18.0%
ROA
4.9%
ROIC
6.9%
ROCE
9.3%
ROC (Greenblatt)
26.8%
3Y ROIIC
178.7%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
16.66
Forward P/E
14.55
P/E ex-NRI
16.34
Shiller P/E (CAPE)
26.47
Cash Flow Multiples
P/FCF
10.81
P/OCF
6.11
P/Owner Earnings
12.56
FCF Yield
9.52%
Enterprise Value Multiples
EV / EBIT
16.36
EV / Forward EBIT
14.47
EV / EBITDA
9.05
EV / Forward EBITDA
8.32
EV / Revenue
3.17
EV / Forward Revenue
3.10
Asset / Sales
P/S
1.94
P/B
3.04
P/Tangible Book
—
Growth-Adjusted
PEG
1.45
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
2.43%
Forward Dividend Yield
2.51%
3Y Dividend Growth
0.0%
Payout Ratio
0.40
5Y Yield on Cost
2.12%
Buybacks & Dilution
3Y Buyback Ratio
3.60%
5Y Share Change
−2.1%
Combined
Shareholder Yield
7.41%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
2.12
Gross Debt / EBITDA
3.70
Cash / Debt
0.02
Equity / Assets
0.26
Coverage
Interest Coverage
4.61
Short-Term Liquidity
Current Ratio
0.92
Quick Ratio
0.83
Cash Ratio
0.12
Composite Scores
Piotroski F-Score
6
Altman Z-Score
1.61
Split History
Date
Split
2013-05-01
1:2
2007-03-14
3:1
Ex-date
Amount
Pay date
2026-08-28
$1.02
2026-09-10
2026-05-29
$1.02
2026-06-11
2026-02-27
$1.02
2026-03-12
2025-11-26
$1.02
2025-12-11
2025-08-29
$0.88
2025-09-11
2025-05-30
$0.88
2025-06-12
2025-02-28
$0.88
2025-03-13
2024-11-27
$0.88
2024-12-12
2024-08-30
$0.65
2024-09-12
2024-05-31
$0.65
2024-06-13
10 of 13
View allDate
Transcript
Type
2026-07-23
Q2 2026 T-Mobile US Inc Earnings Call Transcript
Earnings Call
2026-06-16
T-Mobile US Inc Annual Shareholders Meeting Transcript
Shareholders and Annual Meetings
2026-05-18
T-Mobile US Inc at JPMorgan Global Technology, Media and Communications Conference Transcript
Conference Presentations
2026-05-13
T-Mobile US Inc at Moffettnathanson Media, Internet & Communications Conference Transcript
Conference Presentations
2026-04-28
Q1 2026 T-Mobile US Inc Earnings Call Transcript
Earnings Call
2026-03-05
T-Mobile US Inc at Morgan Stanley Technology, Media & Telecom Conference Transcript
Conference Presentations
2025-12-09
T-Mobile US Inc at UBS Global Media and Communications Conference Transcript
Conference Presentations
2025-10-23
Q3 2025 T-Mobile US Inc Earnings Call Transcript
Earnings Call
2025-07-23
Q2 2025 T-Mobile US Inc Earnings Call Transcript
Earnings Call
2025-04-24
Q1 2025 T-Mobile US Inc Earnings Call Transcript
Earnings Call
10 of 96
5-Step DuPont Analysis
ROE %
17.99%
×
×
Net Margin %
11.45%
×
×
Operating Margin %
20.10%
Operating Income
$18.53B
÷
Revenue
$92.19B
×
Tax Burden
0.7638
Net Income
$10.56B
÷
Pretax Income
$13.82B
×
Interest Burden
0.7460
Pretax Income
$13.82B
÷
Operating Income
$18.53B
×
Asset Turnover
0.43
÷
Revenue
$92.19B
÷
Average Total Assets
$213.10B
Begin Total Assets
$212.64B
End Total Assets
$213.55B
×
Equity Multiplier
3.63
÷
Avg Total Assets
$213.10B
÷
Avg Stockholders Equity
$58.69B
Begin Equity
$61.11B
End Equity
$56.27B
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| BlackRock, Inc. | 39.5M | 3.58% | +383.8K | $6.63B |
| Invesco Ltd. | 31.9M | 2.89% | +8.8M | $5.35B |
| VANGUARD CAPITAL MANAGEMENT LLC | 29.4M | 2.66% | -366.5K | $4.92B |
| PRICE T ROWE ASSOCIATES INC /MD/ | 25.5M | 2.31% | -3.0M | — |
| STATE STREET CORP | 25.0M | 2.27% | +1.3M | $4.20B |
| MORGAN STANLEY | 14.5M | 1.32% | +135.1K | $2.44B |
| GEODE CAPITAL MANAGEMENT, LLC | 12.8M | 1.16% | +326.6K | $2.13B |
| GOLDMAN SACHS GROUP INC | 11.8M | 1.07% | +5.5M | $1.98B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 10.4M | 0.94% | +430.4K | $1.74B |
| SOFTBANK GROUP CORP. | 10.0M | 0.91% | 0 | $1.68B |
10 of 1,677
View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| DEUTSCHE TELEKOM AGDirector | 1.21B | 109.7777% | $192.45B |
| CLAURE RAUL MARCELODirector | 2.7M | 0.2488% | $436.09M |
| Freier JonOfficer | 217.2K | 0.0197% | $34.55M |
| Katz Michael J.Officer | 181.9K | 0.0165% | $28.95M |
| Gopalan SriniOfficer | 144.7K | 0.0131% | $23.03M |
| SIEVERT G MICHAELDirector | 125.7K | 0.0114% | $20.00M |
| Field Callie ROfficer | 110.9K | 0.0101% | $17.64M |
| Ewaldsson UlfOfficer | 67.0K | 0.0061% | $10.66M |
| CANO NESTOROfficer | — | — | — |
| Datar SrikantDirector | — | — | — |
10 of 22· 2 withheld
View allRecent insider activity
through May 24, 2028| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| DEUTSCHE TELEKOM AGDirector | Open-Market or Private Sale | -140.0K | $23.18M | May 24, 2028 |
| DEUTSCHE TELEKOM AGDirector | Open-Market or Private Sale | -49.6K | $8.24M | May 24, 2028 |
| Drobac Daniel JamesOfficer | Grant/Award (Rule 16b-3(d)) | +2.8K | $0 | Sep 24, 2026 |
| Nelson Mark WolfeOfficer | Grant/Award (Rule 16b-3(d)) | +103 | $18.3K | Sep 10, 2026 |
| Drobac Daniel JamesOfficer | Open-Market or Private Sale | -772 | $137.7K | Sep 10, 2026 |
| Drobac Daniel JamesOfficer | Grant/Award (Rule 16b-3(d)) | +2 | $315 | Sep 10, 2026 |
| Almeida AndreOfficer | Tax Withholding | -530 | $96.6K | Sep 1, 2026 |
| Drobac Daniel JamesOfficer | Tax Withholding | -171 | $31.1K | Aug 25, 2026 |
| Drobac Daniel JamesOfficer | Tax Withholding | -88 | $16.0K | Aug 15, 2026 |
| Sambar ChristopherOfficer | Grant/Award (Rule 16b-3(d)) | +41.0K | $0 | Aug 1, 2026 |
10 of 4,904
View all