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.
SPOT
Spotify Technology S.A.
$499.94Communication ServicesAt close: Jul 31, 2026, 4:00 PM ET
TMUS
T-Mobile US, Inc.
$172.71Communication ServicesAt close: Jul 31, 2026, 4:00 PM ET
Total return — SPOT vs TMUS
growth of $100 · dividends reinvested · last 8ySPOT +235.5%TMUS +196.6%SPOT compounded faster
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
| Metric | SPOT | TMUS |
|---|---|---|
| P/E ratio | 39.82 | 18.08 |
| Forward P/E | 39.64 | 15.86 |
| P/S ratio | 5.10 | 2.03 |
| P/B ratio | 11.29 | 3.32 |
| PEG ratio | 0.51 | 40.40 |
| EV / EBITDA | 33.83 | 9.85 |
| FCF yield | 3.56% | 8.47% |
Profitability
| Metric | SPOT | TMUS |
|---|---|---|
| Gross margin | 32.31% | 54.46% |
| Operating margin | 13.70% | 20.30% |
| Net margin | 15.43% | 11.45% |
| ROE | 34.17% | 18.77% |
| ROIC | 21.05% | 7.04% |
Dividends
| Metric | SPOT | TMUS |
|---|---|---|
| Dividend yield | N/A | 2.28% |
| Payout ratio | N/A | 40.41% |
Growth (annualized)
| Metric | SPOT | TMUS |
|---|---|---|
| Revenue CAGR (5Y) | 16.40% | 3.05% |
| EPS CAGR (5Y) | N/A | 29.48% |
| 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.
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 August 1, 2026.