T

T-Mobile US, Inc.

TMUSL · CIK 0001283699

18 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$88.31B8.5%
FY2025
Net income (FY)
$10.99B3.1%
FY2025
Free cash flow (FY)
$18.00B33.8%
FY2025
Diluted EPS (FY)
$9.720.6%
FY2025
The story, charted

The shape of the business

FY2008–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$50BFY2008 · Revenue $2.75B · Net income $149.4M · 0001193125-11-051403 · filed 2011-03-01FY08Revenue $2.75BNet income $149.4M0001193125-11-051403 · filed 2011-03-01FY2009 · Revenue $3.48B · Net income $176.8M · 0001193125-11-051403 · filed 2011-03-01 · 0001445305-12-000521 · filed 2012-02-29FY09Revenue $3.48BNet income $176.8M0001193125-11-051403 · filed 2011-03-01 · 0001445305-12-000521 · filed 2012-02-29FY2010 · Revenue $4.07B · Net income $193.4M · 0001193125-11-051403 · filed 2011-03-01 · 0001283699-13-000031 · filed 2013-03-01FY10Revenue $4.07BNet income $193.4M0001193125-11-051403 · filed 2011-03-01 · 0001283699-13-000031 · filed 2013-03-01FY2011 · Revenue $20.62B · Net income −$4.72B · 0001283699-14-000012 · filed 2014-02-25FY11Revenue $20.62BNet income −$4.72B0001283699-14-000012 · filed 2014-02-25FY2012 · Revenue $19.72B · Net income −$7.34B · 0001283699-15-000010 · filed 2015-02-19FY12Revenue $19.72BNet income −$7.34B0001283699-15-000010 · filed 2015-02-19FY2013 · Revenue $24.42B · Net income $35.0M · 0001283699-16-000073 · filed 2016-02-17FY13Revenue $24.42BNet income $35.0M0001283699-16-000073 · filed 2016-02-17FY2014 · Revenue $29.56B · Net income $247.0M · 0001283699-17-000010 · filed 2017-02-14FY14Revenue $29.56BNet income $247.0M0001283699-17-000010 · filed 2017-02-14FY2015 · Revenue $32.47B · Net income $733.0M · 0001283699-18-000011 · filed 2018-02-08FY15Revenue $32.47BNet income $733.0M0001283699-18-000011 · filed 2018-02-08FY2016 · Revenue $37.49B · Net income $1.46B · 0001283699-19-000015 · filed 2019-02-07FY16Revenue $37.49BNet income $1.46B0001283699-19-000015 · filed 2019-02-07FY2017 · Revenue $40.60B · Net income $4.54B · 0001283699-20-000026 · filed 2020-02-06FY17Revenue $40.60BNet income $4.54B0001283699-20-000026 · filed 2020-02-06FY2018 · Revenue $43.31B · Net income $2.89B · 0001283699-21-000039 · filed 2021-02-23FY18Revenue $43.31BNet income $2.89B0001283699-21-000039 · filed 2021-02-23FY2019 · Revenue $45.00B · Net income $3.47B · 0001283699-22-000018 · filed 2022-02-11FY19Revenue $45.00BNet income $3.47B0001283699-22-000018 · filed 2022-02-11FY2020 · Revenue $68.40B · Net income $3.06B · 0001283699-23-000016 · filed 2023-02-14FY20Revenue $68.40BNet income $3.06B0001283699-23-000016 · filed 2023-02-14FY2021 · Revenue $80.12B · Net income $3.02B · 0001283699-24-000008 · filed 2024-02-02FY21Revenue $80.12BNet income $3.02B0001283699-24-000008 · filed 2024-02-02FY2022 · Revenue $79.57B · Net income $2.59B · 0001283699-25-000012 · filed 2025-01-31FY22Revenue $79.57BNet income $2.59B0001283699-25-000012 · filed 2025-01-31FY2023 · Revenue $78.56B · Net income $8.32B · 0001283699-26-000010 · filed 2026-02-11FY23Revenue $78.56BNet income $8.32B0001283699-26-000010 · filed 2026-02-11FY2024 · Revenue $81.40B · Net income $11.34B · 0001283699-26-000010 · filed 2026-02-11FY24Revenue $81.40BNet income $11.34B0001283699-26-000010 · filed 2026-02-11FY2025 · Revenue $88.31B · Net income $10.99B · 0001283699-26-000010 · filed 2026-02-11FY25Revenue $88.31BNet income $10.99B0001283699-26-000010 · filed 2026-02-11FY25Revenue $88.31BNet income $10.99B0001283699-26-000010 · filed 2026-02-11FY09FY11FY13FY15FY17FY19FY21FY23FY25

revenue 32.1× since FY2008 · net margin 5.4% → 12.4%

MarginsNet marginFCF margin
-40%-20%0%20%FY2008 · Net margin 5.4% · FCF margin -18.4%FY08Net margin 5.4%FCF margin -18.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 5.1% · FCF margin 1.9%FY09Net margin 5.1%FCF margin 1.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 4.8% · FCF margin 5.0%FY10Net margin 4.8%FCF margin 5.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin -22.9% · FCF margin 10.9%FY11Net margin -22.9%FCF margin 10.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin -37.2% · FCF margin 4.9%FY12Net margin -37.2%FCF margin 4.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 0.1% · FCF margin -2.0%FY13Net margin 0.1%FCF margin -2.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 0.8% · FCF margin -0.6%FY14Net margin 0.8%FCF margin -0.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 2.3% · FCF margin 2.1%FY15Net margin 2.3%FCF margin 2.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 3.9% · FCF margin -5.1%FY16Net margin 3.9%FCF margin -5.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 11.2% · FCF margin -3.5%FY17Net margin 11.2%FCF margin -3.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 6.7% · FCF margin -3.8%FY18Net margin 6.7%FCF margin -3.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 7.7% · FCF margin 1.0%FY19Net margin 7.7%FCF margin 1.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 4.5% · FCF margin -3.5%FY20Net margin 4.5%FCF margin -3.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 3.8% · FCF margin 2.0%FY21Net margin 3.8%FCF margin 2.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 3.3% · FCF margin 3.5%FY22Net margin 3.3%FCF margin 3.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 10.6% · FCF margin 11.1%FY23Net margin 10.6%FCF margin 11.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 13.9% · FCF margin 16.5%FY24Net margin 13.9%FCF margin 16.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 12.4% · FCF margin 20.4%FY25Net margin 12.4%FCF margin 20.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 12.4%FCF margin 20.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 12.4% · free cash flow 20.4% of revenue

Cash engineOperating cash flowFree cash flow
$0$10B$20B$30BFY2008 · OCF $447.5M · FCF −$507.1M · 0001193125-11-051403 · filed 2011-03-01FY08OCF $447.5MFCF −$507.1M0001193125-11-051403 · filed 2011-03-01FY2009 · OCF $899.3M · FCF $67.7M · 0001445305-12-000521 · filed 2012-02-29FY09OCF $899.3MFCF $67.7M0001445305-12-000521 · filed 2012-02-29FY2010 · OCF $994.5M · FCF $204.1M · 0001283699-13-000031 · filed 2013-03-01FY10OCF $994.5MFCF $204.1M0001283699-13-000031 · filed 2013-03-01FY2011 · OCF $4.98B · FCF $2.25B · 0001283699-14-000012 · filed 2014-02-25FY11OCF $4.98BFCF $2.25B0001283699-14-000012 · filed 2014-02-25FY2012 · OCF $3.86B · FCF $961.0M · 0001283699-15-000010 · filed 2015-02-19FY12OCF $3.86BFCF $961.0M0001283699-15-000010 · filed 2015-02-19FY2013 · OCF $3.54B · FCF −$480.0M · 0001283699-16-000073 · filed 2016-02-17FY13OCF $3.54BFCF −$480.0M0001283699-16-000073 · filed 2016-02-17FY2014 · OCF $4.15B · FCF −$171.0M · 0001283699-17-000010 · filed 2017-02-14FY14OCF $4.15BFCF −$171.0M0001283699-17-000010 · filed 2017-02-14FY2015 · OCF $5.41B · FCF $690.0M · 0001283699-18-000011 · filed 2018-02-08FY15OCF $5.41BFCF $690.0M0001283699-18-000011 · filed 2018-02-08FY2016 · OCF $2.78B · FCF −$1.92B · 0001283699-19-000015 · filed 2019-02-07FY16OCF $2.78BFCF −$1.92B0001283699-19-000015 · filed 2019-02-07FY2017 · OCF $3.83B · FCF −$1.41B · 0001283699-20-000026 · filed 2020-02-06FY17OCF $3.83BFCF −$1.41B0001283699-20-000026 · filed 2020-02-06FY2018 · OCF $3.90B · FCF −$1.64B · 0001283699-21-000039 · filed 2021-02-23FY18OCF $3.90BFCF −$1.64B0001283699-21-000039 · filed 2021-02-23FY2019 · OCF $6.82B · FCF $433.0M · 0001283699-22-000018 · filed 2022-02-11FY19OCF $6.82BFCF $433.0M0001283699-22-000018 · filed 2022-02-11FY2020 · OCF $8.64B · FCF −$2.39B · 0001283699-23-000016 · filed 2023-02-14FY20OCF $8.64BFCF −$2.39B0001283699-23-000016 · filed 2023-02-14FY2021 · OCF $13.92B · FCF $1.59B · 0001283699-24-000008 · filed 2024-02-02FY21OCF $13.92BFCF $1.59B0001283699-24-000008 · filed 2024-02-02FY2022 · OCF $16.78B · FCF $2.81B · 0001283699-25-000012 · filed 2025-01-31FY22OCF $16.78BFCF $2.81B0001283699-25-000012 · filed 2025-01-31FY2023 · OCF $18.56B · FCF $8.76B · 0001283699-26-000010 · filed 2026-02-11FY23OCF $18.56BFCF $8.76B0001283699-26-000010 · filed 2026-02-11FY2024 · OCF $22.29B · FCF $13.45B · 0001283699-26-000010 · filed 2026-02-11FY24OCF $22.29BFCF $13.45B0001283699-26-000010 · filed 2026-02-11FY2025 · OCF $27.95B · FCF $18.00B · 0001283699-26-000010 · filed 2026-02-11FY25OCF $27.95BFCF $18.00B0001283699-26-000010 · filed 2026-02-11FY25OCF $27.95BFCF $18.00B0001283699-26-000010 · filed 2026-02-11’09’13’17’21’25

FY2025: $27.95B operating cash − $9.96B capex = $18.00B free cash flow

Returns on capitalReturn on equityReturn on assets
-100%0%FY2009 · ROE 7.7% · ROA 2.4%FY09ROE 7.7%ROA 2.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 7.6% · ROA 2.4%FY10ROE 7.6%ROA 2.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE -161.2% · ROA -49.8%FY11ROE -161.2%ROA -49.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE -120.0% · ROA -21.8%FY12ROE -120.0%ROA -21.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 0.2% · ROA 0.1%FY13ROE 0.2%ROA 0.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 1.6% · ROA 0.4%FY14ROE 1.6%ROA 0.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 4.4% · ROA 1.2%FY15ROE 4.4%ROA 1.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 8.0% · ROA 2.2%FY16ROE 8.0%ROA 2.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 20.1% · ROA 6.4%FY17ROE 20.1%ROA 6.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 11.7% · ROA 4.0%FY18ROE 11.7%ROA 4.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 12.0% · ROA 4.0%FY19ROE 12.0%ROA 4.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 4.7% · ROA 1.5%FY20ROE 4.7%ROA 1.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 4.4% · ROA 1.5%FY21ROE 4.4%ROA 1.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 3.7% · ROA 1.2%FY22ROE 3.7%ROA 1.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 12.9% · ROA 4.0%FY23ROE 12.9%ROA 4.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 18.4% · ROA 5.5%FY24ROE 18.4%ROA 5.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 18.6% · ROA 5.0%FY25ROE 18.6%ROA 5.0%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 18.6%ROA 5.0%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity 8% (FY2009) → 19% (FY2025) · on assets 5.0%

Balance sheetLiabilitiesEquity
$0$5B$10BFY2009 · Liabilities $5.10B · Equity $2.29BFY09Liabilities $5.10BEquity $2.29B0001193125-11-051403 · filed 2011-03-01FY2010 · Liabilities $5.38B · Equity $2.54BFY10Liabilities $5.38BEquity $2.54B0001445305-12-000521 · filed 2012-02-29FY2011 · Liabilities $6.56B · Equity $2.93BFY11Liabilities $6.56BEquity $2.93B0001283699-13-000031 · filed 2013-03-01FY2012 · Liabilities $6.83B · Equity $6.12BFY12Liabilities $6.83BEquity $6.12B0001283699-13-000031 · filed 2013-03-01 · 0001283699-14-000012 · filed 2014-02-25FY12Liabilities $6.83BEquity $6.12B0001283699-13-000031 · filed 2013-03-01 · 0001283699-14-000012 · filed 2014-02-25’09’10’11’12
The receipts