T-Mobile US Inc
TMUS - Insider Information
Get informed when a big investor buys or sells
+ FollowMarket Cap$170.33B
Close$
Earnings Call Q3 2026
October 28, 2026 - AI Summary
Q3 performance: industry-leading growth driven by “best value / best network / best experience”
- Postpaid phone net adds: 274K; again led the industry.
- Postpaid phone ARPA +4% YoY; 5G broadband ARPU also grew YoY and sequentially.
- Financials: Postpaid service revenue +9% YoY, total service revenue +6% YoY, core adjusted EBITDA +11% YoY.
- Adjusted free cash flow margin: 26% (strong cash generation).
- Implication: management attributes outperformance to pricing discipline (back-book vs front-book advantage), digital engagement (T-Life), and network differentiation.
Guidance / forecasts for full-year 2026: raised financial outlook; strong but with seasonality variability
- Account net adds: now expected ~1.0M for the year (again well above industry).
- Service revenue: ~$76.8B, ~8% growth for the year.
- Driver mix: postpaid outperformance offsets wholesale/other line declines (incl. faster Boost MVNO roll-off and prepaid trends).
- Postpaid ARPA growth: now ~3.5% (up from prior 2.5%–3% band), supported by premium rate plan adoption and rate plan modernization.
- Q4 postpaid organic service revenue growth: expected ~7% YoY.
- Core adjusted EBITDA: $37.35B–$37.45B (midpoint + $100M vs prior guide).
- Cash CapEx: unchanged ~$10B.
- Adjusted free cash flow: $18.7B–$18.8B (midpoint + $150M vs prior guide).
- Investor “watch-out”: management highlighted Q4 variability (holiday season promotions, iPhone cycle complexity, inventory timing shifts, plus M&A timing).
Strategy updates: monetizing network leadership through disruption + digital experience
- T-Mix portfolio launched: customers choose/select benefits and can change them as needs change (positioned as major “pain point” disruption).
- Digital momentum: T-Life monthly active users rose to 32M; >80% of upgrades and ~50% of phone activations were handled digitally/app-assisted in Q3.
- Network leadership: median speeds ~60%–70% faster vs the two largest competitors (Ookla); also multiple third-party awards (e.g., Opensignal 5G coverage global winner).
- Unit economics theme: maintain pricing advantage while continuing to drive value via plan innovation and premium adoption.
Exclusive for Stockcircle Pro members
Sign up
$104.29
34.4% downside
Current Fair Value
34.4% downsideOvervalued by 34.4% based on the discounted cash flow analysis.
Insider Trades
Loading insider trades…
Congress Trades
Loading congress trades…
Share Statistics
| Market cap | $170.33 Billion |
|---|---|
| Enterprise Value | $284.92 Billion |
| Annual dividend | $4.08 |
| Dividend yield | 2.61% |
| Earnings per Share | $9.75 |
| Beta | 0.32 |
| Outstanding Shares | 1,070,648,000 |
Return
| Return on Equity | 20.09% |
|---|---|
| Return on Assets | 5.29% |
| Return on Invested Capital | 7.88% |
Valuation & Multiples
| P/E Ratio | 15.06 |
|---|---|
| PEG | 55.15 |
| Price to Sales | 1.83 |
| Price to Book Ratio | 3.06 |
| Enterprise Value to Revenue | 3.04 |
| Enterprise Value to EBIT | 19.03 |
| Enterprise Value to Net Income | 25 |
| Total Debt to Enterprise | 0.41 |
| Debt to Equity | 2.09 |
Revenue Sources
No data
Last Earnings Call
Report Date
October 28, 2026
EPS Estimate
$2.89
Consensus analyst estimateRevenue Estimate
$23.15 B
Consensus analyst estimateNext Earnings Call
Expected Date
February 10, 2027
EPS Estimate
$2.68
Consensus analyst estimateRevenue Estimate
$25.44 B
Consensus analyst estimateInstitutional Put/Call Ratio
Compares institutional put options with call options. At 0.00, the ratio is below 1, so institutions hold more calls than puts.
| Put/Call Ratio | 0.0000▼ 73.75% |
|---|---|
| Total Calls | -▼ 100.00% |
| Total Puts | 60,400▼ 99.44% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 1.62%▼ 41.12% |
|---|---|
| Total Invested | $2.85B▼ 96.38% |
| Investors Holding | 614▼ 1132.00% |
About T-Mobile US Inc
75,000 employees
CEO: G. Michael Sievert
T-Mobile US, Inc., together with its subsidiaries, provides wireless communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to postpaid, pre...