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

$168.18+1.73(0.01%)After hours

Market Cap

$180.08B

P/E

17.1x

P/S

2.0x

P/B

3.2x

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: 72/100

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

Profitability19/25

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 · 17.1x5y range 17.1x – 110.0x

Currently below its 20-quarter median.

P/S · 2.0x5y range 1.8x – 3.7x

Currently near its 20-quarter median.

P/B · 3.2x5y 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 13.9% — watch for continued compression, which may signal competitive or cost pressure.

Price & Volume

Market Cap $180.08B

Metrics at a Glance

as of June 2026

Revenue & Profit

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

TTM Revenue: $92.19B
Q. Revenue: $22.79B
TTM EBITDA: $32.67B
TTM Op. Income: $18.25B
Q. Op. Income: $5.49B
TTM Net Income: $10.56B
Q. Net Income: $3.24B
EPS: $2.99
Shares Out.: $1.08B

$92.19B in TTM revenue grew 9.7% YoY, reaching $22.79B last quarter. TTM EBITDA of $32.67B and TTM operating income of $18.25B show growth is flowing through to the bottom line. TTM net income of $10.56B 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: 49.7%
EBITDA Margin: 39.2%
Op. Margin: 24.1%
Net Margin: 14.2%

Op. margin of 24.1% is down 0.6% YoY — costs are rising relative to revenue. Net margin at 14.2% and gross margin of 49.7% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

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

P/E Ratio: 17.1x
P/S Ratio: 2.0x
P/B Ratio: 3.2x

At 17.1x P/E, the stock trades within typical market levels. P/S of 2.0x and P/B of 3.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 23% — an improving trend.

Assets & Liabilities

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

Total Assets: $213.55B
Cash: $2.83B
Long-Term Debt: N/A
Book Value: $56.27B
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: $7.50B
TTM Free Cash Flow: $18.40B
FCF Margin: 20.0%
FCF / Net Income: 1.7

TTM FCF of $18.40B on $7.50B 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.