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MARKETS / NASDAQ / TMUS
NASDAQ · RADIOTELEPHONE COMMUNICATIONS · LARGE CAP

T-Mobile US, Inc. TMUS

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$88.3B
▲ 8.5% YoY
$11.0B
▼ 3.1% YoY
$18.0B
▲ 33.8% YoY
In brief

What this company does

T-Mobile provides wireless communications and broadband services and sells wireless devices, including smartphones, wearables, tablets, 5G broadband gateways and other mobile communication devices manufactured by various suppliers. As of December 31, 2025, it served 142.4 million postpaid and prepaid customers. The company employed approximately 75,000 full-time and part-time employees as of the same date, spanning network, retail, administrative and customer support functions. Services, devices and accessories are provided under the T-Mobile, Metro by T-Mobile and Mint Mobile brands, through owned and operated retail stores, websites, apps, customer care channels and national retailers. It also provides wholesale wireless services to various partners, which then offer the services for sale to their customers. Complementary broadband offerings include 5G broadband, a fixed wireless product that utilizes the excess capacity of the nationwide 5G network, and fiber. Substantially all of its revenues for the years ended December 31, 2025, 2024 and 2023 were earned in the United States, including Puerto Rico and the U.S. Virgin Islands. Headquarters are located in Bellevue, Washington, and Overland Park, Kansas.

Written from the business description in T-Mobile US, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 11 February 2026. Every sentence was checked against that document before publication.

Growth
USD 88.3B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 88.3 · Net income 11.0
40B80B2008201120142017202020232025
Compound annual growth
+3.5%
+5.2%
+10.5%
+22.8%
+61.9%
+29.1%
+31.1%
+30.9%
+67.7%
+29.7%
+67.5%
+74.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.2% a year over five years — but profit grew faster: net income at +29.1%, earnings per share at +29.7%.

The share count fell from 1.24B to 1.11B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
12 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 20.7% · Net 12.4%
10%20%-10%-20%-30%2008201120142017202020232025
ROE
FY2025 · ROE 18.2%
10%20%-20%-40%-60%2008201120142017202020232025

Each USD of equity produced 18 cents of profit this year.

Cash & shareholders
USD 14.1B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 18.0
8.0B16.0B-0.8B-1.6B2008201120142017202020232025
Net buybacks $B Dividends $B
FY2025 · Dividends 4.1 · Net buybacks 10.0
5B10BDividendsNet buybacks2008201120142017202020232025

USD 4.1B in dividends and USD 10.0B in buybacks — 128% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 219.2B
EquityUSD 59.2B
CashUSD 5.6B
Gross debtUSD 86.3B
Net debtUSD 80.7B
Current ratio1.00×

Net debt stands at 136% of equity.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B88.381.478.679.680.168.445.043.340.637.532.529.624.419.720.64.13.52.8
Operating income $B18.318.014.36.56.96.65.75.34.94.02.51.41.0−6.4−4.30.70.50.5
EBITDA $B31.830.927.120.223.320.812.311.810.910.37.25.84.6−3.2−1.31.20.90.7
Income tax $B3.33.42.70.60.30.81.11.0−1.40.90.20.20.00.3−0.20.10.10.1
Net income $B11.011.38.32.63.03.13.52.94.51.50.70.20.0−7.3−4.70.20.20.1
Free cash flow $B18.013.58.82.81.6−2.40.4−1.6−1.4−1.90.7−0.2−0.51.02.30.20.1−0.5
EPS, diluted $9.729.666.932.062.412.654.023.365.201.690.820.300.05−13.70−8.810.540.490.42
Dividend / sh $3.803.710.65···············
Payout %3729900·0014800·····
ROE %18.217.912.43.74.56.513.012.222.28.44.51.70.3−67.0−26.01.78.27.3
Shares out B1.111.141.201.231.251.240.860.850.860.830.820.81·0.360.360.360.35·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 15 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRadiotelephone Communications
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2008

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