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 August 1, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnSPOT vs TMUS

growth of $100 · dividends reinvested · last 8y
SPOT +235.5%TMUS +196.6%SPOT compounded faster
100200300400500Start $1002020202220242026$336$297
SPOT TMUS

SPOT vs TMUS: by the numbers

  • TMUS is the larger company ($185.26B vs $102.80B market cap).
  • TMUS trades at the lower trailing earnings multiple (18.08 vs 39.82 P/E), one valuation lens rather than an overall verdict.
  • SPOT converts more revenue to profit (15.43% vs 11.45% net margin).
  • SPOT grew revenue faster over the past five years (16.40% vs 3.05% CAGR).
  • TMUS pays a dividend (2.28% yield), while SPOT has no payments in the available dividend history.

Metrics side by side

Valuation

MetricSPOTTMUS
P/E ratio39.8218.08
Forward P/E39.6415.86
P/S ratio5.102.03
P/B ratio11.293.32
PEG ratio0.5140.40
EV / EBITDA33.839.85
FCF yield3.56%8.47%

Profitability

MetricSPOTTMUS
Gross margin32.31%54.46%
Operating margin13.70%20.30%
Net margin15.43%11.45%
ROE34.17%18.77%
ROIC21.05%7.04%

Dividends

MetricSPOTTMUS
Dividend yieldN/A2.28%
Payout ratioN/A40.41%

Growth (annualized)

MetricSPOTTMUS
Revenue CAGR (5Y)16.40%3.05%
EPS CAGR (5Y)N/A29.48%
FCF CAGR (5Y)66.97%41.38%
Total return CAGR (5Y)16.93%4.62%

Frequently asked

Which has the lower trailing P/E, SPOT or TMUS?
TMUS has the lower trailing P/E: SPOT trades at 39.82 and TMUS at 18.08. 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 16.40% CAGR versus TMUS at 3.05%.
Does SPOT or TMUS pay a bigger dividend?
TMUS pays a dividend (2.28% 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 15.43% versus TMUS at 11.45%.
How have SPOT and TMUS total returns compared?
Over the past 5 years, SPOT delivered 16.93% and TMUS delivered 14.56% annualized total return. Past performance doesn't predict future results.

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 August 1, 2026.