T-Mobile US TMUS Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 19.9%-0.8pp | 20.7%-1.6pp | 22.3%-0.8pp | 23.1%+0.3pp | 22.7%+0.6pp | |
| Net margin | 11.6%-0.8pp | 12.4%-1.4pp | 13.8%-0.7pp | 14.5%+0.1pp | 14.4%+0.5pp | |
| EBITDA margin | 35.5%-0.5pp | 36%-1.3pp | 37.3%-0.8pp | 38.1%0.0pp | 38.2%+0.2pp | |
| Free cash flow margin | 20.1%-0.3pp | 20.4%+0.4pp | 20%+0.3pp | 19.6%+1.0pp | 18.6%+2.1pp | |
| Returns | ||||||
| Return on equity | 18%-0.2pp | 18.2%-0.9pp | 19%-0.7pp | 19.7%+0.4pp | 19.4%+1.4pp | |
| Return on assets | 4.9%-0.2pp | 5.1%-0.4pp | 5.5%-0.3pp | 5.8%+0.1pp | 5.7%+0.2pp | |
| Return on invested capital | 15.8%+7.5pp | 8.3%-7.2pp | 15.6%-0.3pp | 15.8%-0.1pp | 15.9%+7.6pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.1×+0.1× | 1×+0.1× | 0.9×-0.3× | 1.2×+0.1× | 1.2×+0.2× | |
| Quick ratio | 1×+0.1× | 0.9×+0.1× | 0.8×-0.3× | 1.1×+0.1× | 1.1×+0.2× | |
| Cash ratio | 0.2×-0.1× | 0.2×+0.1× | 0.2×-0.3× | 0.5×0.0× | 0.5×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 0.6×-1.4× | 2×+1.4× | 0.6×0.0× | 0.6×0.0× | 0.7×-1.1× | |
| Debt-to-assets | 0.2×-0.4× | 0.5×+0.4× | 0.2×0.0× | 0.2×0.0× | 0.2×-0.3× | |
| Net debt / EBITDA | 0.9×-2.6× | 3.5×+2.4× | 1.1×+0.3× | 0.8×0.0× | 0.9×-2.5× | |
| Per Share | ||||||
| Book value per share | $50.70-3.1% | $52.34-2.5% | $53.68-0.3% | $53.85+0.9% | $53.38+1.4% | |
| Valuation | ||||||
| Market capitalization | $231.42B+1.9% | $227.1B-15.7% | $269.4B+3.2% | $260.95B-14.3% | $304.51B+18.9% | |
| Enterprise value | $261.43B-23.1% | $339.86B+11.5% | $304.74B+5.8% | $288.1B-13.2% | $331.92B-8.0% | |
| Price / earnings | 22×+1.3× | 20.7×-2.0× | 22.7×+1.3× | 21.4×-4.2× | 25.6×+3.0× | |
| Price / sales | 2.6×0.0× | 2.6×-0.6× | 3.1×0.0× | 3.1×-0.6× | 3.7×+0.5× | |
| Price / book | 4.1×+0.3× | 3.8×-0.6× | 4.5×+0.2× | 4.3×-0.7× | 5×+0.8× | |
| EV / EBITDA | 8.1×-2.5× | 10.7×+1.2× | 9.5×+0.5× | 9×-1.5× | 10.5×-1.1× | |
| EV / sales | 2.9×-1.0× | 3.8×+0.3× | 3.5×+0.1× | 3.4×-0.6× | 4×-0.4× | |
| Free cash flow yield | 7.9%-0.1pp | 7.9%+1.6pp | 6.4%0.0pp | 6.3%+1.3pp | 5.1%-0.2pp | |
| Earnings yield | 4.6%-0.3pp | 4.8%+0.4pp | 4.4%-0.3pp | 4.7%+0.8pp | 3.9%-0.5pp | |
| Dividend yield | 1.8%0.0pp | 1.8%+0.3pp | 1.5%0.0pp | 1.4%+0.3pp | 1.2%-0.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are T-Mobile US's profit margins?
- T-Mobile US (TMUS) runs a 72.0% gross margin and a 19.9% operating margin, with a 11.6% net margin.
- Where do T-Mobile US's ratios come from?
- Every ratio is computed from T-Mobile US's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
