T-Mobile US (TMUS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

T-Mobile US

NasdaqGS•Communication Services•Telecom Services

$154.41-5.74(-0.04%)After hours

Market Cap

$167.67B

P/E

14.8x

P/S

1.8x

P/B

3.0x

T-Mobile US, Inc., together with its subsidiaries, provides wireless communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to postpaid, prepaid, and wholesale and other services customers. It also provides wireless devices, including smartphones, wearables, tablets, home broadband gateways, headsets, and other mobile communication devices, as well as accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts. The company offers services under the T-Mobile, Metro by T-Mobile, and Mint Mobile brands through its owned and operated retail stores, customer care channels, national retailers, and its websites, as well as through T-Mobile, Metro by T-Mobile, and Mint Mobile apps. It also sells devices to dealers and other third-party distributors for resale through independent third-party retail outlets and various third-party websites. It has 700 MHz wireless spectrum licenses. The company was founded in 1994 and is headquartered in Bellevue, Washington. T-Mobile US, Inc. operates as a subsidiary of Deutsche Telekom AG.

How this company scores

GoodMetricSide Score: 69/100

Strongest: Cash & Earnings Quality (23/25); weakest: Balance Sheet & Red Flags (15/25).

Profitability16/25

Growth15/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality23/25

Strengths

Strong marginsHigh ROEInterest easily coveredCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 14.8x5y range 14.8x – 110.0x

Currently below its 20-quarter median.

P/S · 1.8x5y range 1.8x – 3.7x

Currently near its 20-quarter median.

P/B · 3.0x5y range 2.1x – 5.0x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 7.1% — watch for continued compression, which may signal competitive or cost pressure.

Price & Volume

Market Cap $167.67B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $93.82B
Q. Revenue: $23.58B
TTM EBITDA: $33.84B
TTM Op. Income: $19.38B
Q. Op. Income: $5.66B
TTM Net Income: $11.30B
Q. Net Income: $3.46B
EPS: $3.23
Shares Out.: $1.07B

$93.82B in TTM revenue grew 9.3% YoY, reaching $23.58B last quarter. TTM EBITDA of $33.84B and TTM operating income of $19.38B show growth is flowing through to the bottom line. TTM net income of $11.30B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 49.5%
EBITDA Margin: 38.6%
Op. Margin: 24.0%
Net Margin: 14.6%

Op. margin of 24.0% is up 3.4% YoY — cost efficiency is improving. Net margin at 14.6% and gross margin of 49.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 16% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 14.8x
P/S Ratio: 1.8x
P/B Ratio: 3.0x

At 14.8x P/E, the stock trades below typical market levels. P/S of 1.8x and P/B of 3.0x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 8 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $213.10B
Cash: $5.62B
Long-Term Debt: N/A
Book Value: $56.31B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $7.34B
TTM Free Cash Flow: $18.65B
FCF Margin: 19.9%
FCF / Net Income: 1.7

TTM FCF of $18.65B on $7.34B in operating cash flow. The FCF / Net Income ratio of 1.7x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 7 consecutive quarters — an improving trend.