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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

T-Mobile US, Inc. (TMUS) Quarterly Financial Ratios

Last 48 quarters of trend data · Communication Services · Telecommunications Services

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

T-Mobile US, Inc.'s quarterly P/E stands at 27.0x, up 25.3% year-over-year — indicating the stock has re-rated higher or earnings have softened.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →22.5027.0024.8320.9725.8421.5619.7717.6920.4024.0019.2418.6722.92
—+25.3%+25.6%+18.6%+26.7%-10.2%+2.7%-5.3%-11.0%-19.1%-77.1%—-59.3%
P/S Ratio2.742.333.073.203.652.963.002.612.482.362.142.162.26
—-21.3%+2.5%+22.5%+47.6%+25.5%+40.2%+20.8%+9.6%+9.6%-1.5%+1.0%+12.8%
P/B Ratio4.183.834.464.425.004.193.763.303.132.992.542.532.65
—-8.6%+18.6%+34.2%+59.8%+40.5%+47.9%+30.6%+18.0%+19.1%+5.6%+4.8%+15.1%
P/FCF23.4013.55—14.7117.3625.8834.3315.5320.2519.4214.9527.0845.39
—-47.6%—-5.3%-14.3%+33.2%+129.7%-42.6%-55.4%-58.1%-86.0%-66.5%—
EV / EBITDA11.1311.8211.6911.3012.9511.8910.959.9710.2811.0710.079.9910.86
—-0.6%+6.7%+13.3%+25.9%+7.4%+8.7%-0.2%-5.4%-5.6%-33.0%-39.5%-13.7%
EV / EBIT19.35—22.0218.1721.7819.6618.1117.0018.8621.5618.7918.1621.05
——+21.6%+6.9%+15.5%-8.8%-3.6%-6.4%-10.4%-15.9%-65.2%-82.0%-44.3%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

T-Mobile US, Inc.'s operating margin was 14.0% in Q4 2025, down 8.2 pp QoQ and down 7.0 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 20.9% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin——49.3%65.1%64.6%59.8%65.1%65.9%63.8%59.0%62.9%63.5%61.0%
——-24.3%-1.1%+1.2%+1.4%+3.5%+3.7%+4.6%+3.1%+13.7%+18.8%+17.6%
Operating Margin20.7%14.0%22.1%24.7%23.0%21.0%23.8%23.4%20.4%17.0%18.7%19.8%17.3%
—-33.3%-6.9%+5.3%+12.6%+23.4%+27.4%+18.5%+17.9%+25.4%+184.0%+449.1%+92.8%
Net Margin12.4%8.6%12.4%15.2%14.1%13.6%15.2%14.8%12.1%9.8%11.1%11.6%9.9%
—-36.6%-18.5%+3.1%+16.7%+38.6%+36.4%+27.9%+22.6%+35.0%+326.6%+2210.6%+178.9%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE18.2%3.5%4.5%5.3%4.8%4.7%4.8%4.7%3.7%3.1%3.3%3.3%2.8%
—-25.7%-7.4%+12.4%+28.4%+52.0%+46.8%+40.1%+31.8%+47.3%+353.1%+2269.8%+177.1%
ROA5.1%1.0%1.3%1.5%1.4%1.4%1.5%1.4%1.1%1.0%1.0%1.1%0.9%
—-32.3%-13.5%+6.9%+21.8%+47.1%+42.8%+33.6%+24.6%+39.2%+325.5%+2153.9%+169.3%
ROIC8.0%1.5%2.1%2.3%2.1%2.0%2.1%2.0%1.7%1.5%1.5%1.6%1.4%
—-27.2%-0.1%+13.5%+21.1%+33.6%+36.6%+25.8%+21.0%+29.7%+186.5%+445.9%+87.2%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

T-Mobile US, Inc.'s Debt/EBITDA ratio is 16.4x, up from 14.6x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 9.4% YoY to 1.00x, strengthening the short-term liquidity position.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity1.981.981.991.931.981.851.811.821.861.751.761.771.70
—+6.9%+10.2%+5.8%+6.2%+6.0%+2.7%+2.8%+9.5%+8.9%+8.2%+10.8%+4.9%
Debt / EBITDA3.6916.3714.5614.1015.1214.7914.6214.4915.7016.6416.7916.8817.26
—+10.7%-0.4%-2.7%-3.7%-11.1%-13.0%-14.2%-9.1%-10.6%-32.4%-36.7%-18.0%
Current Ratio1.001.000.891.211.160.911.080.840.940.910.860.820.79
—+9.4%-16.9%+44.6%+23.8%+0.4%+25.0%+1.7%+18.5%+17.9%+5.8%-2.8%-2.8%
Quick Ratio0.900.900.801.131.080.830.990.780.860.830.780.770.72
—+8.1%-19.6%+45.4%+24.9%+0.5%+26.5%+1.6%+20.3%+19.3%+7.5%+3.9%+4.4%
Interest Coverage——5.655.655.245.455.745.424.544.104.554.414.07
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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Frequently Asked Questions

What is T-Mobile US, Inc.'s quarterly P/E ratio trend?

T-Mobile US, Inc.'s current P/E is 22.5x. The average P/E over the last 4 quarters is 24.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do T-Mobile US, Inc.'s margins change by quarter?

T-Mobile US, Inc.'s current operating margin is 20.7%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at TMUS quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking T-Mobile US, Inc.'s business trajectory between earnings reports.

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