Spotify Technology S.A. (SPOT) vs T-Mobile US, Inc. (TMUS)
A side-by-side comparison of Spotify Technology S.A. and T-Mobile US, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
SPOT
Spotify Technology S.A.
$558.26Communication ServicesDelayed quote: Sep 15, 2026, 4:00 PM EDT
TMUS
T-Mobile US, Inc.
$180.47Communication ServicesDelayed quote: Sep 15, 2026, 4:00 PM EDT
Total return — SPOT vs TMUS
growth of $100 · dividends reinvested · last 8ySPOT +252.8% (+17.1%/yr)TMUS +214.8% (+15.4%/yr)SPOT compounded faster over this window
SPOT TMUS
SPOT vs TMUS: by the numbers
- •TMUS is the larger company ($193.59B vs $114.77B market cap).
- •TMUS trades at the lower trailing earnings multiple (18.90 vs 34.83 P/E), one valuation lens rather than an overall verdict.
- •SPOT converts more revenue to profit (18.50% vs 11.45% net margin).
- •SPOT grew revenue faster over the past five years (15.47% vs 3.05% CAGR).
- •TMUS pays a dividend (2.24% yield), while SPOT has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | SPOT | TMUS |
|---|---|---|
| P/E ratio | 34.83 | 18.90 |
| Forward P/E | N/A | 16.55 |
| P/S ratio | 5.46 | 2.10 |
| P/B ratio | 11.98 | 3.44 |
| EV / EBITDA | 33.90 | 10.07 |
| FCF yield | 3.32% | 7.93% |
Profitability
| Metric | SPOT | TMUS |
|---|---|---|
| Gross margin | 32.79% | 54.46% |
| Operating margin | 14.65% | 20.30% |
| Net margin | 18.50% | 11.45% |
| ROE | 40.61% | 18.77% |
| ROIC | 29.14% | 7.29% |
Dividends
| Metric | SPOT | TMUS |
|---|---|---|
| Dividend yield | N/A | 2.24% |
| Payout ratio | N/A | 42.72% |
Growth (annualized)
| Metric | SPOT | TMUS |
|---|---|---|
| Revenue CAGR (5Y) | 15.47% | 3.05% |
| EPS CAGR (5Y) | N/A | 29.48% |
| FCF CAGR (5Y) | 66.33% | N/A |
| Total return CAGR (5Y) | 16.23% | 7.93% |
Frequently asked
- Which has the lower trailing P/E, SPOT or TMUS?
- TMUS has the lower trailing P/E: SPOT trades at 34.83 and TMUS at 18.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, SPOT or TMUS?
- Over the past five years, SPOT grew revenue faster — SPOT at a 15.47% CAGR versus TMUS at 3.05%.
- Does SPOT or TMUS pay a bigger dividend?
- TMUS pays a dividend (2.24% yield), while SPOT has no payments in the available dividend history.
- Is SPOT or TMUS more profitable?
- SPOT runs the higher net margin — SPOT at 18.50% versus TMUS at 11.45%.
- How have SPOT and TMUS total returns compared?
- Over the past 5 years, SPOT delivered 16.23% and TMUS delivered 7.93% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Spotify Technology P/E ratioT-Mobile US P/E ratioT-Mobile US dividend yieldSpotify Technology ROET-Mobile US ROESpotify Technology operating marginT-Mobile US operating marginSpotify Technology revenue growthT-Mobile US revenue growthSpotify Technology free cash flowT-Mobile US free cash flow
Spotify Technology & T-Mobile US appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.