Stocks · Communication Services · Telecommunications Services

T-Mobile US, Inc. TMUS

$163.64 +1.18% Close, Oct 2, 2026 · NASDAQ · Market cap $175.53B

Inexpensive vs sector

Next earnings report: Oct 28, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. At 17.1× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
  2. Net debt is 4.0× EBITDA, a high level of leverage.
  3. The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.

PromtFinance scores

Each score is a percentile within the Communication Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth57Neutral

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 41%
  • EPS growth (TTM, YoY)Bottom 44%
  • FCF growth (TTM, YoY)Top 44%
  • Revenue growth, 3-year CAGRBottom 43%
  • Revenue growth accelerationTop 45%
Quality76Positive

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 25%
  • Gross marginTop 46%
  • Operating marginTop 16%
  • Cash conversion (OCF / net income)Top 40%
  • Accruals (lower is better)Top 49%
  • Net debt / EBITDA (lower is better)Bottom 29%
  • Interest coverTop 28%
Value82Strong

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 23%
  • Free-cash-flow yieldTop 35%
  • EBITDA / enterprise valueTop 34%
  • Sales / enterprise valueBottom 27%
  • P/E vs own 5-year history (lower is better)Top 11%
Momentum26Very weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 27%
  • 6-month returnBottom 23%
  • 1-year return vs S&P 500Bottom 28%
  • Distance from 52-week highTop 48%
  • Trend checklist (0–4)Bottom 18%
Revisions84Strong

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 47%
  • Consecutive EPS beatsTop 34%
  • Share of analysts rating BuyTop 11%
  • Upside to consensus price targetTop 47%
Stability69Positive

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 40%
  • Maximum drawdown, 3 yearsTop 28%
  • Beta vs S&P 500 (lower is better)Top 13%
  • Net debt / EBITDA (lower is better)Bottom 29%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)9.5%9.7%↑
EPS growth (YoY)-8.2%-9.8%↓
Gross margin63.6%54.5%↓
Operating margin23.1%20.3%↓
FCF margin15.8%16.6%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)9.7%9.5%↑Top 41%
EPS growth (TTM, YoY)-9.8%-8.2%↓Bottom 44%
Gross margin54.5%63.6%↓Top 46%
Operating margin20.3%23.1%↓Top 16%
Net margin11.5%14.5%↓—
Free-cash-flow margin16.6%15.8%↑—
Return on invested capital7.1%—Top 25%
Revenue growth, 3-year CAGR3.5%—Bottom 43%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
2.73×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-8.6%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.9%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+3.2 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
4.00×
Interest cover (operating income / interest)How many times operating profit covers interest.
4.8×

Shareholder returns

Dividend yield (dividends paid, TTM)
2.47%
Net buyback yield (TTM)
6.88%
Shareholder yield
9.35%
Share count change, 1 year
-4.6%
Share count change, 3-year CAGR
-3.3%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 23, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
2
Beats in the last 8 reports
7 of 8
Average EPS surprise, last 4
+7.0%
Average 2-day reaction, last 8
+0.2%
Positive 20 days after report
5 of 8

Analysts

Consensus price target
$231.60
Target vs current price
+41.5%
Analysts with a rating
54
Share rating Buy or Strong Buy
80%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 23, 2026+15.4%-10.7%-4.9%-4.5%—
Apr 28, 2026+12.9%+2.2%+6.4%+4.6%-6.7%
Feb 11, 2026-8.3%+5.1%+6.9%+7.0%-2.6%
Oct 23, 2025+7.9%-3.3%-5.4%-7.1%-19.2%
Jul 23, 2025+6.4%+0.3%+2.6%+10.7%-2.8%
Apr 24, 2025+4.5%+1.1%-4.8%-7.2%-10.3%
Jan 29, 2025+12.2%+6.3%+7.3%+19.2%+18.6%
Oct 23, 2024+7.9%+0.9%+3.2%+6.5%+0.2%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 23, 2026$2.99$2.59+15.4%$22.79B
Apr 28, 2026$2.27$2.01+12.9%$23.11B
Feb 11, 2026$1.88$2.05-8.3%$24.33B
Oct 23, 2025$2.59$2.40+7.9%$21.96B
Jul 23, 2025$2.84$2.67+6.4%$21.13B
Apr 24, 2025$2.58$2.47+4.5%$20.89B
Jan 29, 2025$2.57$2.29+12.2%$21.87B
Oct 23, 2024$2.61$2.42+7.9%$20.16B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)17.1×25.2×0thTop 23%
P/E (forward)15.0×———
EV / EBITDA10.2×——Top 34%
EV / Sales3.13×——Bottom 27%
Free-cash-flow yield8.74%——Top 35%
Earnings yield5.84%——Top 23%

P/E over the past five years

Range 17.9× – 115.3× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-29.8%
Earnings per share growth (TTM)
-9.8%
Change in P/E multiple
-19.2%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-2.8%
200-day average slope (20 days)
-1.8%
Distance from 50-day average
-7.2%
Distance from 200-day average
-14.4%
RSI (14)
37.5
Relative volume
0.66×

Risk and drawdowns

Volatility, 60 days (annualized)
39.5%
Volatility vs own 5-year history
96th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
0.40
Correlation with S&P 500
0.21
Current drawdown from 1-year high
-28.9%
Maximum drawdown, 3 years
-40.7%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Mar 3, 2025Oct 1, 2026-40.7%398 daysNot yet recovered
Jul 16, 2021Jan 21, 2022-32.0%131 days194 days (Oct 28, 2022)
Dec 2, 2022Jun 7, 2023-17.0%127 days124 days (Dec 4, 2023)
Nov 29, 2024Jan 10, 2025-14.4%27 days18 days (Feb 6, 2025)
Jan 8, 2021Feb 22, 2021-12.7%29 days52 days (May 6, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$175.53B
P/E (TTM)
17.1
EPS, diluted (TTM)
$9.55
Revenue (TTM)
$92.19B
Dividend yield
3.21%
52-week range
$160.81 – $233.26
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$80.12B$79.57B$78.56B$81.40B$88.31B
Gross profit$43.51B$43.37B$48.37B$51.75B$42.07B
Operating income$6.89B$6.54B$14.27B$18.01B$18.74B
Net income$3.02B$2.59B$8.32B$11.34B$10.99B
EPS (diluted)$2.41$2.06$6.93$9.66$9.72
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$20.16B$21.87B$20.89B$21.13B$21.96B$24.33B$23.11B$22.79B
Net income$3.06B$2.98B$2.95B$3.22B$2.71B$2.10B$2.50B$3.24B
EPS (diluted)$2.61$2.56$2.58$2.84$2.41$1.88$2.27$2.99
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$13.92B$16.78B$18.56B$22.29B$27.95B
Capital expenditure-$21.69B-$17.30B-$10.81B-$12.31B-$9.96B
Free cash flow-$7.78B-$520.0M$7.75B$9.98B$18.00B
Dividends paid$0$0-$747.0M-$3.30B-$4.12B
Net share buybacks-$316.0M-$3.00B-$13.07B-$11.23B-$9.97B

Cash outflows are shown as negative numbers.

Cash and short-term investments
$2.83B
Total assets
$213.55B
Total liabilities
$157.29B
Total debt
$116.00B
Net debt
$113.17B
Shareholders’ equity
$56.27B

As of Jun 30, 2026 (filed Jul 23, 2026).

Dividends

Ex-dateAmountPaid
Nov 25, 2026$1.17Dec 10, 2026
Aug 28, 2026$1.02Sep 10, 2026
May 29, 2026$1.02Jun 11, 2026
Feb 27, 2026$1.02Mar 12, 2026
Nov 26, 2025$1.02Dec 11, 2025
Aug 29, 2025$0.88Sep 11, 2025
May 30, 2025$0.88Jun 12, 2025
Feb 28, 2025$0.88Mar 13, 2025

Short interest

Shares sold short
18,071,400
Days to cover
4.57
Change vs previous report
+5.7%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

May 1, 2013
1-for-2