T-Mobile US TMUS Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 19.9%-2.9pp | 20.7%-1.4pp | 22.3%+1.2pp | 23.1%+3.2pp | 22.7%+3.8pp | |
| Net margin | 11.6%-2.8pp | 12.4%-1.5pp | 13.8%+0.9pp | 14.5%+2.6pp | 14.4%+3.3pp | |
| EBITDA margin | 35.5%-2.7pp | 36%-2.0pp | 37.3%-0.2pp | 38.1%+1.7pp | 38.2%+2.7pp | |
| Free cash flow margin | 20.1%+1.5pp | 20.4%+3.9pp | 20%+3.2pp | 19.6%+4.4pp | 18.6%+5.7pp | |
| Returns | ||||||
| Return on equity | 18%-1.3pp | 18.2%+0.2pp | 19%+2.9pp | 19.7%+5.0pp | 19.4%+5.8pp | |
| Return on assets | 4.9%-0.8pp | 5.1%-0.3pp | 5.5%+0.6pp | 5.8%+1.3pp | 5.7%+1.5pp | |
| Return on invested capital | 15.8%-0.1pp | 8.3%0.0pp | 15.6%+5.8pp | 15.8%+7.3pp | 15.9%+7.4pp | |
| 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×-0.2× | 1.2×+0.4× | 1.2×+0.2× | |
| Quick ratio | 1×-0.1× | 0.9×+0.1× | 0.8×-0.2× | 1.1×+0.4× | 1.1×+0.2× | |
| Cash ratio | 0.2×-0.3× | 0.2×0.0× | 0.2×-0.3× | 0.5×+0.2× | 0.5×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 0.6×0.0× | 2×+0.2× | 0.6×0.0× | 0.6×-0.1× | 0.7×0.0× | |
| Debt-to-assets | 0.2×0.0× | 0.5×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | 0.9×+0.1× | 3.5×+0.2× | 1.1×+0.2× | 0.8×-0.4× | 0.9×-0.3× | |
| Per Share | ||||||
| Book value per share | $50.70-5.0% | $52.34-0.5% | $53.68-2.2% | $53.85+0.8% | $53.38+2.3% | |
| Valuation | ||||||
| Market capitalization | $231.42B-24.0% | $227.1B-11.3% | $269.4B+11.6% | $260.95B+25.0% | $304.51B+57.4% | |
| Enterprise value | $261.43B-21.2% | $339.86B-5.8% | $304.74B+12.9% | $288.1B+17.3% | $331.92B+47.1% | |
| Price / earnings | 22×-3.6× | 20.7×-1.9× | 22.7×-0.6× | 21.4×-0.7× | 25.6×+3.4× | |
| Price / sales | 2.6×-1.1× | 2.6×-0.6× | 3.1×+0.1× | 3.1×+0.5× | 3.7×+1.2× | |
| Price / book | 4.1×-0.8× | 3.8×-0.3× | 4.5×+0.7× | 4.3×+0.9× | 5×+1.9× | |
| EV / EBITDA | 8.1×-2.4× | 10.7×-1.0× | 9.5×+0.5× | 9×+0.5× | 10.5×+2.4× | |
| EV / sales | 2.9×-1.1× | 3.8×-0.6× | 3.5×+0.2× | 3.4×+0.3× | 4×+1.1× | |
| Free cash flow yield | 7.9%+2.8pp | 7.9%+2.7pp | 6.4%+0.8pp | 6.3%+0.5pp | 5.1%-0.2pp | |
| Earnings yield | 4.6%+0.6pp | 4.8%+0.4pp | 4.4%+0.1pp | 4.7%+0.2pp | 3.9%-0.6pp | |
| Dividend yield | 1.8%+0.7pp | 1.8%+0.5pp | 1.5%+0.2pp | 1.4%+0.4pp | 1.2%+0.4pp |
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.
