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T-Mobile US TMUS Net margin

Net margin at other companies

Verizon Communications logo
Verizon CommunicationsVZ
12.5%-0.7pp
AT&T logo
AT&TT
16.9%+7.3pp
SBA Communications logo
SBA CommunicationsSBAC
35.7%+5.3pp
Crown Castle logo
Crown CastleCCI
25.1%+13.9pp
Charter Communications, Inc. logo
Charter Communications, Inc.CHTR
9%-0.4pp
Comcast logo
ComcastCMCSA
15%+2.3pp

Other financials

Income statement

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Revenue$23.1B+10.6%
Operating income$4.5B-6.3%
Net income$2.5B-15.2%
EPS (diluted)$2.27-12.0%

Balance sheet

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Cash & equivalents$3.9B-68.3%
Total debt$33.9B-14.7%
Total equity$55.9B-8.6%
Total assets$214.67B0.0%

Cash flow

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Operating cash flow$7.2B+5.5%
CapEx$2.6B+7.0%
Free cash flow$4.6B+4.6%

Valuation

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Market cap$196.6B-24.0%
Enterprise value$226.61B-21.2%
P/E18.7×-3.1×
P/S2.2×-1.0×

Profitability

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Gross margin72%
Operating margin19.9%-2.9pp
FCF margin20.1%+1.5pp

Returns & leverage

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Return on equity18%-1.3pp
Debt / equity0.6×0.0×
Current ratio1.1×-0.1×

Where this comes from

Calculated from T-Mobile US’s reported figures.

Based on trailing twelve months.

The official record: T-Mobile US’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is T-Mobile US's net margin?
T-Mobile US (TMUS) reported net margin of 11.6% in Q1 2026.
How has T-Mobile US's net margin changed year-over-year?
T-Mobile US's net margin decreased by 19.2% year-over-year, from 14.4% to 11.6%.
What is the long-term trend for T-Mobile US's net margin?
Over 5 years (2020 to 2025), T-Mobile US's net margin has grown at a 22.7% compound annual growth rate (CAGR), from 4.5% to 12.4%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.