AT&T vs T-Mobile US T vs TMUS
AT&T and T-Mobile US on one sheet: valuation multiples, growth, margins, debt, dividends and returns, each section labelled with the period it covers, from the companies' filings. Add or remove a stock above the sheet; the link holds the set.
What differs most
- One-year price return: AT&T −17.1%, T-Mobile US −32.5%.
- Price / sales: T-Mobile US 1.7×, AT&T 1.1×.
- Return on equity: T-Mobile US 18.8%, AT&T 12.2%.
- Free-cash-flow yield: AT&T 13.8%, T-Mobile US 9.8%.
Price return
2025-10-26 → 2026-10-26
T−17.1%
TMUS−32.5%
Profile
latestSector
Communication Services
Communication Services
Industry
Telecommunications Services
Telecommunications Services
Market value
$140.46B
$157.61B
Enterprise value
$307.84B
$270.78B
Employees
133,030
75,000
Revenue per employee (TTM)
$969K
$1.2M
Our models
nightlythe valuation on each stock's pagePrice vs model
65% undervalued vs model
43% undervalued vs model
Model range
$23.11–131
$92.86–587
Models in the headline
1
1
FCF growth priced in, at a 10% return
4.5%
7.3%
Every model, its assumptions and its range: T valuation · TMUS valuation. The growth priced in, at any return: T reverse DCF · TMUS reverse DCF.
Trading
close 2026-10-26Last close
$20.85
$146.93
52-week high
$29.10
$221.98
52-week low
$20.48
$146.54
Price vs 52-week high
−28.4%
−33.8%
Price vs 52-week low
+1.8%
+0.3%
Average daily volume / shares
0.8%
0.5%
Beta
0.44
0.32
Returns
to 2026-10-261 month
−17.8%
−11.2%
3 months
−13.6%
−18.4%
6 months
−20.4%
−22.6%
Year to date
−16.1%
−27.6%
1 year
−17.1%
−32.5%
1 year, dividends added
−12.6%
−30.7%
2 years
−4.5%
−35.1%
Valuation
T price × TTM to Sep 2026 · TMUS price × TTM to Jun 2026P/E (TTM)
11.3×
15.4×
P/E on consensus EPS (next FY)
8.7×
13.5×
Price / sales
1.1×
1.7×
EV / sales
2.4×
2.9×
EV / EBITDA
6.7×
8.8×
Price / book
1.3×
2.8×
Price / free cash flow (FY)
7.2×
10.2×
Free-cash-flow yield (FY)
13.8%
9.8%
Growth
TTM and FY2025Revenue growth (TTM)
—
—
Revenue growth, consensus next FY
+3.4%
+6.9%
Revenue, 3-year CAGR
1.3%
3.5%
Revenue, 5-year CAGR
−6.1%
5.2%
EPS growth (TTM)
—
—
EPS growth, consensus next FY
−21.4%
+12.4%
EPS, 3-year CAGR
—
67.7%
Free cash flow, 3-year CAGR
16.2%
—
Diluted shares, 3-year change
−5.4%
−9.9%
Profitability
T TTM to Sep 2026 · TMUS TTM to Jun 2026Gross margin (FY)†
79.8%
47.6%
Operating margin
18.3%
20.3%
EBITDA margin
35.5%
33.5%
Net margin
10.1%
11.5%
Free-cash-flow margin (FY)
15.5%
17.5%
Return on equity
12.2%
18.8%
Return on assets
2.9%
4.9%
Asset turnover
0.29
0.43
† Gross margin (FY): As filed. Companies draw the cost-of-revenue line in different places, so gross margins of two companies in one industry can differ for that reason alone; operating margin does not depend on where the line is drawn.
Balance sheet
T MRQ Sep 2026 · TMUS MRQ Jun 2026Cash
$10.77B
$2.83B
Total debt
$178.15B
$116.00B
Net debt
$167.38B
$113.17B
Debt / equity
1.7×
2.1×
Net debt / EBITDA (TTM)
3.7×
3.7×
Interest coverage (FY)
3.6×
5.3×
Current ratio (FY)
0.91
1.00
Dividends
trailing 12 monthsDividend yield
5.3%
2.8%
Dividends per share
$1.11
$4.08
Payout ratio (of TTM EPS)
60.3%
42.7%
Dividend per share, 5-year CAGR
−11.8%
—
Frequency
Quarterly
Quarterly
Ownership and activity
last 90 days · latest 13FTracked superinvestors holding (13F)
4
2
Insider open-market buys (Form 4)
$0
$0
Insider sales (Form 4)
$0
$138K
Analyst upgrades
1
1
Analyst downgrades
0
1
Statements
T income TTM to Sep 2026 · cash flow FY2025 · TMUS income TTM to Jun 2026 · cash flow FY2025Revenue
$128.85B
$92.19B
EBITDA
$45.72B
$30.86B
Operating income
$23.58B
$18.72B
Net income
$13.07B
$10.56B
EPS (diluted)
$1.84
$9.56
Operating cash flow
$40.28B
$27.95B
Capital expenditure
−$20.84B
−$12.52B
Free cash flow
$19.44B
$15.43B
Dividends paid
$8.18B
$4.12B
Statements, prices, dividends and consensus estimates from Financial Modeling Prep; insider trades from Form 4 and holdings from 13F. Refreshed nightly. A comparison of filed numbers, not a recommendation to buy, sell or hold any security.