TMUSI Financials T-Mobile US, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 28 h ago Overview →

Growth & profitability

Revenue has grown 5.2% per year over the past 5 years.
Net income has grown faster than revenue (29.1% vs 5.2% per year).
Operating margin has expanded, at 20.7% in the latest year.

Financial health

Total debt ($91.4B) exceeds cash ($5.6B); net debt is $85.8B.
Total debt has grown in line with revenue (3.8% vs 5.2% per year).
Total debt is 2.9× EBITDA.

Shareholder returns

Dividends have been paid for 3 consecutive years, consuming 37.5% of earnings and 22.9% of free cash flow.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$88.3B	$11.0B	0.0%	20.7%	$18.0B	$91.4B	$5.6B
2024	$81.4B	$11.3B	0.0%	22.1%	$13.5B	$82.3B	$5.4B
2023	$78.6B	$8.3B	0.0%	18.2%	$8.8B	$78.6B	$5.1B
2022	$79.6B	$2.6B	0.0%	8.2%	$2.8B	$77.1B	$4.5B
2021	$80.1B	$3.0B	0.0%	8.6%	$1.6B	$77.6B	$6.6B
2020	$68.4B	$3.1B	0.0%	9.7%	-$2.4B	$75.7B	$10.4B
2019	$45.0B	$3.5B	0.0%	12.7%	$433M	$25.0B	$1.5B
2018	$43.3B	$2.9B	0.0%	12.3%	-$1.6B	$13.0B	$1.2B
2017	$40.6B	$4.5B	71.4%	12.0%	-$1.4B	$28.3B	$1.2B
2016	$37.5B	$1.5B	71.1%	10.8%	-$1.9B	$27.8B	$5.5B
2015	—	$733M	—	—	-$2.8B	$20.5B	$4.6B
2014	—	$247M	—	—	-$171M	$16.3B	$5.3B
2013	—	$35M	—	—	-$480M	$14.3B	$5.9B
2012	—	-$7.3B	—	—	$961M	$4.4B	$394M
2011	—	-$4.7B	—	—	$2.3B	$4.5B	$390M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$23.1B	$2.5B	0.0%	19.5%	$4.6B	—	$3.5B
Dec '25	$24.3B	$2.1B	0.0%	15.4%	$4.2B	$91.4B	$5.6B
Sep '25	$22.0B	$2.7B	0.0%	20.6%	$4.8B	—	$3.3B
Jun '25	$21.1B	$3.2B	0.0%	24.7%	$4.6B	—	$10.3B
Mar '25	$20.9B	$3.0B	0.0%	23.0%	$4.4B	—	$12.0B
Dec '24	$21.9B	$3.0B	0.0%	21.0%	$3.3B	$82.3B	$5.4B
Sep '24	$20.2B	$3.1B	0.0%	23.8%	$4.2B	—	$9.8B
Jun '24	$19.8B	$2.9B	0.0%	23.4%	$3.5B	—	$6.4B
Mar '24	$19.6B	$2.4B	0.0%	20.4%	$2.5B	—	$6.7B
Dec '23	$20.5B	$2.0B	0.0%	17.0%	$3.3B	$78.6B	$5.1B
Sep '23	$19.3B	$2.1B	0.0%	18.7%	$2.9B	$78.7B	$5.0B
Jun '23	$19.2B	$2.2B	0.0%	19.8%	$1.6B	$85.6B	$6.6B
Mar '23	$19.6B	$1.9B	0.0%	17.3%	$1.1B	$73.3B	$4.5B
Dec '22	$20.3B	$1.5B	0.0%	13.6%	$953M	$77.1B	$4.5B
Sep '22	$19.5B	$508M	0.0%	6.6%	$757M	$72.2B	$6.9B
Jun '22	$19.7B	-$108M	0.0%	3.6%	$637M	$69.5B	$3.2B
Mar '22	$20.1B	$713M	0.0%	9.0%	$464M	$69.7B	$3.2B
Dec '21	$20.8B	$422M	0.0%	5.1%	$71M	$77.6B	$6.6B
Sep '21	$19.6B	$691M	0.0%	8.1%	$533M	$68.7B	$4.1B
Jun '21	$19.9B	$978M	0.0%	10.6%	$509M	$70.5B	$7.8B

Valuation over time

How the market has priced TMUSI against its own fundamentals since 2025-08 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 2.3× (Aug '25) to 2.2× (Jun '26).
The price-to-sales ratio has fallen from 0.3× (Aug '25) to 0.3× (Jun '26).
The dividend yield has risen from 12.5% (Aug '25) to 17.2% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is TMUSI growing its revenue and profit?

Over the past 5 years, T-Mobile US, Inc.'s revenue has grown 5.2% per year, and net income grown 29.1% per year. These are computed facts, not advice.

How much debt does TMUSI have?

As of FY2025, T-Mobile US, Inc. reported $91.4B of total debt against $5.6B of cash.

What is TMUSI's profit margin?

In FY2025, gross margin was —, operating margin 20.7%, and net margin 12.4%.

What is TMUSI's P/E ratio?

As of Jun '26, T-Mobile US, Inc. traded at a price-to-earnings ratio of about 2.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.