Valuation, from the filing
| Public float | $112.40B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $102.01 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 10.2× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 1.3× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.9× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
10.2× earnings today, against a median of 8.6× across 10 years on record. Above its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $112.40B | 10.2× | |
| 2024-06-28 | $86.00B | 7.6× | |
| 2023-06-30 | $73.20B | 8.8× | |
| 2022-06-30 | $80.80B | 31.2× | |
| 2021-06-30 | $86.10B | 28.5× | |
| 2020-06-30 | $40.70B | 13.3× | |
| 2019-06-28 | $23.20B | 6.7× | |
| 2018-06-30 | $18.30B | 6.3× | |
| 2017-06-30 | $17.80B | 3.9× | |
| 2016-06-30 | $12.40B | 8.5× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Radiotelephone Communications filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Net margin | 12.4% | 75th | |
| Current ratio | 1.00x | 50th | |
| Revenue YoY growth | 8.5% | 50th |
T-Mobile US, Inc. (TMUS) reported revenue of $93.82B and net income of $11.30B for the fiscal year ended 2026-09-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from T-Mobile US, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Radiotelephone Communications.
Income
| Metric | 2026-09-30 |
|---|---|
| Revenue | $93.82B |
| Cost of revenue | Unavailable |
| Gross profit | Unavailable |
| Operating income | $19.38B |
| Net income | $11.30B |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $14.84B |
| Income tax expense | $3.54B |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $24.39B |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-09-30 |
|---|---|
| Cash & equivalents | $5.62B |
| Total assets | $213.10B |
| Current assets | $21.84B |
| Total liabilities | Unavailable |
| Current liabilities | $23.99B |
| Total equity incl. NCI | $56.31B |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | $3.08B |
| Accounts receivable | $5.01B |
| Goodwill | $13.66B |
| Long-term debt | Unavailable |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-09-30 |
|---|---|
| Operating cash flow | $28.72B |
| Capital expenditures | $10.06B |
| Investing cash flow | -$8.04B |
| Financing cash flow | -$18.30B |
| Net change in cash | $2.36B |
| Stock-based compensation | $836.00M |
| Common dividends paid | $4.44B |
| Common share repurchases | $12.01B |
| Depreciation & amortization | $14.46B |
Derived
| Metric | 2026-09-30 |
|---|---|
| Free cash flow | $18.65B |
| Gross margin | Unavailable |
| Operating margin | 20.7% |
| FCF margin | 19.9% |
| SBC / revenue | 0.9% |
| Current ratio | 0.91x |
| Revenue YoY growth | 9.3% |
| Net margin | 12.0% |
| R&D / revenue | Unavailable |
| CapEx / revenue | 10.7% |
| Long-term debt / equity | Unavailable |
| Effective tax rate | 23.8% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open TMUS in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.