Stocktoria

T-Mobile US, Inc. TMUS

Nasdaq · stock · Radiotelephone Communications · website · IPO 2007-04-19 · LEI

T-Mobile US, Inc. statistics & valuation

Market cap$197.7B
P / E18.0×
P / S2.2×
P / B3.3×
P / FCF11.0×
Net margin12.4%
FCF margin20.4%
Net debt$80.7B
Net debt / EBITDA2.5×
Enterprise value USD$278.4B
EV / EBITDA8.8×
Earnings yield EBIT/EV6.6%
Return on capital9.4%
Graham number -39.6%$106.99

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($106.99); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
3.90% 11.20% 6.70% 7.70% 4.50% 3.80% 3.30% 10.60% 13.90% 12.40% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
10.80% 12.00% 12.30% 12.70% 9.70% 8.60% 8.20% 18.20% 22.10% 20.70% 2016201720182019202020212022202320242025
Return on equity (%)
8.00% 20.10% 11.70% 12.00% 4.70% 4.40% 3.70% 12.90% 18.40% 18.60% 2016201720182019202020212022202320242025
Shares outstanding
833.1M 871.8M 858.3M 863.4M 1.24B 1.25B 1.26B 1.20B 1.17B 1.13B 2016201720182019202020212022202320242025
Net debt ($)
$22.29B $27.10B $10.92B $23.44B $60.74B $67.56B $67.45B $69.88B $72.86B $80.68B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.20% 6.40% 4.00% 4.00% 1.50% 1.50% 1.20% 4.00% 5.50% 5.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-5.10% -3.50% -3.80% 1.00% -3.50% 2.00% 3.50% 11.10% 16.50% 20.40% 2016201720182019202020212022202320242025
Debt / equity (×)
1.52× 1.26× 0.49× 0.87× 1.09× 1.07× 1.03× 1.16× 1.27× 1.46× 2016201720182019202020212022202320242025
EPS ($)
$1.69 $5.20 $3.36 $4.02 $2.65 $2.41 $2.06 $6.93 $9.66 $9.72 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

T-Mobile US, Inc. trades at about 18.2× earnings — below its 10-year norm (10-year range 12.5×–72.5×, median 24.1×).

12.5× 72.5×

Shaded band = 10-year range (12.5×–72.5×); dot = today's 18.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin20.7%22.1%18.2%8.2%8.6%9.7%12.7%12.3%12.0%10.8%
Net margin12.4%13.9%10.6%3.3%3.8%4.5%7.7%6.7%11.2%3.9%
FCF margin20.4%16.5%11.1%3.5%2.0%-3.5%1.0%-3.8%-3.5%-5.1%
Return on assets5.0%5.5%4.0%1.2%1.5%1.5%4.0%4.0%6.4%2.2%
Return on equity18.6%18.4%12.9%3.7%4.4%4.7%12.0%11.7%20.1%8.0%
Debt / equity1.46×1.27×1.16×1.03×1.07×1.09×0.87×0.49×1.26×1.52×
Current ratio1.000.910.910.770.891.100.740.810.771.58

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.