TMUS

T-Mobile USNASDAQ · Wireless Telecommunication Services · Communication Services

Previous close

176.26

Change

−4.21 / −2.33%

FinDog View

Neutral

52-Week Range

165.66 – 242.37

P/E (TTM)

18.3

Forward P/E

13.6

Based on consensus earnings for the next 12 months

Market Cap

$189B

−2.14%

S&P 500 −2.41% over same period

Volume / Avg Volume

5.3M / 4.1M

1.28× average

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 19.01M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q2 Quarter ended 2026-06	2026-07-23	$22.8B	2.99 / 2.65	+5.67%	Pending
FY2026 Q1 Quarter ended 2026-03	2026-04-28	$23.1B	2.27 / 2.03	+6.13%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-02-11	—	— / —	+2.45%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-23	—	— / —	−1.01%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-23	—	— / —	+5.80%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-04-24	—	— / —	−11.22%	Pending

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 2 of its 5-year rangeCheap

5-year range 18.9 – 28.2 · Median 23.7

Last 4 quarters: $12.1B in buybacks + $4.3B in dividends, 8.68% of market cap combined

P/E (TTM)

18.3

P/B

3.4

P/S

2.1

Dividend Yield

1.75%

Earnings Reaction

Over the last 6 reports, the stock moved ±5.4% on average on the first trading day after, rising 4 times

Most recent +5.67%

Volatility & Correlation

1-year beta -0.20 · Correlation with S&P 500 -0.08Low beta

Annualized volatility 34% vs. 14% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 1 · $0.14MNet selling $0.14M

09-10Drobac Daniel JamesVP & Chief Accounting OfficerSell$0.14M772 shares · Avg price 178.33

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q2	22.79	+7.9%	—	5.49	3.24	4.80	2.99
FY2026 Q1	23.11	+10.6%	—	4.50	2.50	4.60	2.27
FY2025 Q4	24.33	+11.3%	—	3.74	2.10	4.19	1.89
FY2025 Q3	21.96	+8.9%	—	4.53	2.71	4.82	2.41
FY2025 Q2	21.13	+6.9%	—	5.21	3.22	4.60	2.84
FY2025 Q1	20.89	+6.6%	—	4.80	2.95	4.40	2.58
FY2024 Q4	21.87	+6.8%	—	4.59	2.98	3.34	2.56
FY2024 Q3	20.16	+4.7%	—	4.80	3.06	4.18	2.61
FY2024 Q2	19.77	+3.0%	—	4.63	2.93	3.48	2.49
FY2024 Q1	19.59	−0.2%	—	4.00	2.37	2.46	2.00
FY2023 Q4	20.48	+1.0%	—	3.48	2.01	3.27	1.67
FY2023 Q3	19.25	−1.2%	—	3.60	2.14	2.87	1.82

Peers

Largest by market cap in the sector · Latest quarterView Communication Services sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
TMUS	T-Mobile US	$189B	18.3	+7.9%	—	−2.14%	Neutral
GOOGL	Alphabet Inc. (Class A)	$4.19T	17.3	+24.2%	61.6%	−0.33%	Neutral	Compare
GOOG	Alphabet Inc. (Class C)	$4.19T	17.3	+24.2%	61.6%	−0.61%	Neutral	Compare
META	Meta Platforms	$1.72T	24.2	+28.0%	81.4%	+18.34%	Bullish	Compare
NFLX	Netflix	$318B	23.3	+13.4%	51.9%	+0.51%	Neutral	Compare
VZ	Verizon	$192B	13.0	−0.7%	—	+3.54%	Bearish	Compare
DIS	Walt Disney Company (The)	$185B	21.5	+6.8%	—	+3.37%	Neutral	Compare
T	AT&T	$177B	8.5	+2.3%	—	+4.78%	Neutral	Compare
APP	AppLovin	$109B	25.4	+52.8%	88.3%	+4.67%	Neutral	Compare

The View in One Line

No financial data; price momentum steady; news has no material impact; maintain Neutral.

Updated 2026-09-16

Notable Institutional Holders

Viking Global Investors$623M
Citadel Advisors · Ken Griffin$114MReduced −73%
Renaissance Technologies$101MAdded +115%
Bridgewater Associates · Ray Dalio$28.9MAdded +75%

As of 2026-03-31

Key Events

09-03Management Change
CFO to Retire in 2027, Jessica Uhl to Succeed
T-Mobile announced that CFO Peter Osvaldik will retire in February 2027, and Jessica Uhl will join in September 2026 as CFO-designate and succeed him.Source ↗
07-07Management Change
T-Mobile Appoints Chief Enterprise Officer and Adjusts Executive Team
T-Mobile appointed Chris Sambar as Chief Enterprise Officer, effective no later than October 14, 2026; Michael Katz stepped down as Chief Commercial and Product Officer on July 8 and will remain as an advisor until December.Source ↗
06-18Governance
T-Mobile Annual Meeting Elects 13 Directors
On June 16, 2026, T-Mobile shareholders elected 13 directors at the annual meeting and considered the auditor appointment and advisory vote on executive compensation.Source ↗
04-23Capital Actions
T-Mobile Increases Shareholder Return Program to $18.2 Billion
T-Mobile's board approved a $3.6 billion increase to its 2026 shareholder return program, raising the total from $14.6 billion to $18.2 billion, including buybacks and dividends.Source ↗
03-31Capital Actions
T-Mobile Subsidiary Guarantees Released, Obligors Reduced
On March 31, 2026, after repaying certain legacy debt, T-Mobile USA released certain subsidiary guarantees under its $1 billion revolving credit facility and multiple senior notes.Source ↗
03-27Management Change
Director Mudesir Resigns Effective March 31
Abdurazak Mudesir notified the T-Mobile board on March 26, 2026 of his resignation effective March 31, and also stepped down from the nominating, corporate governance, and compliance committee.Source ↗

Key Financial Trends

Quarterly Revenue ($B)22.8

Free Cash Flow ($B)4.8