AT&T Inc. (T) vs T-Mobile US, Inc. (TMUS)
T leads on 12 of 17 compared metrics.
A side-by-side comparison of AT&T Inc. and T-Mobile US, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
T
AT&T Inc.
$23.58Communication Services
TMUS
T-Mobile US, Inc.
$189.10Communication Services
Total return — T vs TMUS
growth of $100 · last 19yT -21.6%TMUS +231.2%TMUS compounded faster
T TMUS
T vs TMUS: by the numbers
- •TMUS is the larger company ($204.64B vs $163.84B market cap).
- •T trades at the lower earnings multiple (7.94 vs 20.12 P/E).
- •T converts more revenue to profit (16.89% vs 11.65% net margin).
- •TMUS grew revenue faster over the past five years (3.28% vs -6.06% CAGR).
- •T pays the higher dividend yield (4.71% vs 2.08%).
Which is better, T or TMUS?
Metric tally: T 12 · TMUS 5It depends on what you're optimizing for:
ValueT(lower P/E)
GrowthTMUS(faster 5Y revenue CAGR)
IncomeT(higher dividend yield)
QualityTMUS(higher ROIC)
Valuation
| Metric | T | TMUS |
|---|---|---|
| P/E ratio | 7.94● | 20.12 |
| Forward P/E | 9.28● | 13.93 |
| P/S ratio | 1.31● | 2.30 |
| P/B ratio | 1.51● | 3.73 |
| PEG ratio | 0.08● | 40.42 |
| EV / EBITDA | 5.88● | 11.58 |
| FCF yield | 10.47%● | 8.73% |
Profitability
| Metric | T | TMUS |
|---|---|---|
| Gross margin | 79.66%● | 54.34% |
| Operating margin | 19.35% | 20.36%● |
| Net margin | 16.89%● | 11.65% |
| ROE | 19.48%● | 18.87% |
| ROIC | 5.57% | 7.04%● |
Dividends
| Metric | T | TMUS |
|---|---|---|
| Dividend yield | 4.71%● | 2.08% |
| Payout ratio | 36.51% | 40.41% |
Growth (annualized)
| Metric | T | TMUS |
|---|---|---|
| Revenue CAGR (5Y) | -6.06% | 3.28%● |
| EPS CAGR (5Y) | 8.15% | 29.48%● |
| FCF CAGR (5Y) | -10.02% | 45.55%● |
| Total return CAGR (5Y) | 7.79%● | 6.34% |
Frequently asked
- Which is better, T or TMUS?
- It depends on your goal. value: T (lower P/E); growth: TMUS (faster 5Y revenue CAGR); income: T (higher dividend yield); quality: TMUS (higher ROIC). Across all compared metrics, T leads 12 to 5.
- Is T or TMUS cheaper?
- On trailing earnings, T is cheaper: T trades at a 7.94 P/E and TMUS at 20.12.
- Which has grown faster, T or TMUS?
- Over the past five years, TMUS grew revenue faster — T at a -6.06% CAGR versus TMUS at 3.28%.
- Does T or TMUS pay a bigger dividend?
- T yields 4.71% and TMUS yields 2.08% based on trailing dividends and the latest price.
- Is T or TMUS more profitable?
- T runs the higher net margin — T at 16.89% versus TMUS at 11.65%.
- Which has been the better investment, T or TMUS?
- Over the past 10-year, TMUS delivered the higher annualized total return — T at 4.53% versus TMUS at 16.76%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AT&T P/E ratioT-Mobile US P/E ratioAT&T dividend yieldT-Mobile US dividend yieldAT&T ROET-Mobile US ROEAT&T operating marginT-Mobile US operating marginAT&T revenue growthT-Mobile US revenue growthAT&T free cash flowT-Mobile US free cash flow
AT&T & 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 13, 2026.