Spotify Technology S.A. (SPOT) vs T-Mobile US, Inc. (TMUS)
TMUS leads on 8 of 15 compared metrics.
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 June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
SPOT
Spotify Technology S.A.
$479.85Communication Services
TMUS
T-Mobile US, Inc.
$188.86Communication Services
Total return — SPOT vs TMUS
growth of $100 · last 8ySPOT +214.3%TMUS +210.8%SPOT compounded faster
SPOT TMUS
SPOT vs TMUS: by the numbers
- •TMUS is the larger company ($200.14B vs $96.28B market cap).
- •TMUS trades at the lower earnings multiple (20.09 vs 38.22 P/E).
- •SPOT converts more revenue to profit (15.43% vs 11.65% net margin).
- •SPOT grew revenue faster over the past five years (16.40% vs 3.28% CAGR).
- •TMUS pays a dividend (2.09% yield) while SPOT does not currently pay one.
Which is better, SPOT or TMUS?
Metric tally: SPOT 7 · TMUS 8It depends on what you're optimizing for:
ValueTMUS(lower P/E)
GrowthSPOT(faster 5Y revenue CAGR)
QualitySPOT(higher ROIC)
Metrics side by side
Valuation
| Metric | SPOT | TMUS |
|---|---|---|
| P/E ratio | 38.22 | 20.09● |
| Forward P/E | 30.43 | 13.92● |
| P/S ratio | 4.90 | 2.30● |
| P/B ratio | 10.84 | 3.72● |
| PEG ratio | 0.51● | 40.42 |
| EV / EBITDA | 27.41 | 11.57● |
| FCF yield | 3.71% | 7.51%● |
Profitability
| Metric | SPOT | TMUS |
|---|---|---|
| Gross margin | 32.31% | 54.34%● |
| Operating margin | 13.70% | 20.36%● |
| Net margin | 15.43%● | 11.65% |
| ROE | 34.17%● | 18.87% |
| ROIC | 21.05%● | 7.04% |
Dividends
| Metric | SPOT | TMUS |
|---|---|---|
| Dividend yield | — | 2.09% |
| Payout ratio | — | 40.41% |
Growth (annualized)
| Metric | SPOT | TMUS |
|---|---|---|
| Revenue CAGR (5Y) | 16.40%● | 3.28% |
| EPS CAGR (5Y) | — | 29.48% |
| FCF CAGR (5Y) | 66.97%● | 42.72% |
| Total return CAGR (5Y) | 14.04%● | 5.96% |
Frequently asked
- Which is better, SPOT or TMUS?
- It depends on your goal. value: TMUS (lower P/E); growth: SPOT (faster 5Y revenue CAGR); quality: SPOT (higher ROIC). Across all compared metrics, TMUS leads 8 to 7.
- Is SPOT or TMUS cheaper?
- On trailing earnings, TMUS is cheaper: SPOT trades at a 38.22 P/E and TMUS at 20.09.
- 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 3.28%.
- Does SPOT or TMUS pay a bigger dividend?
- TMUS pays a dividend (2.09% yield) while SPOT does not currently pay one.
- Is SPOT or TMUS more profitable?
- SPOT runs the higher net margin — SPOT at 15.43% versus TMUS at 11.65%.
- Which has been the better investment, SPOT or TMUS?
- Over the past 5-year, TMUS delivered the higher annualized total return — SPOT at 14.04% versus TMUS at 16.58%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Spotify Technology P/E ratioT-Mobile US P/E ratioSpotify Technology dividend yieldT-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 June 16, 2026.