Which has the lower trailing P/E, T or TMUS?

T has the lower trailing P/E: T trades at 8.65 and TMUS at 19.09. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, T or TMUS?

Over the past five years, TMUS grew revenue faster — T at a -5.37% CAGR versus TMUS at 3.05%.

Does T or TMUS pay a bigger dividend?

T yields 4.34% and TMUS yields 2.80% 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 11.45%.

How have T and TMUS total returns compared?

Over the past 10 years, T delivered 5.52% and TMUS delivered 15.37% annualized total return. Past performance doesn't predict future results.

AT&T Inc. (T) vs T-Mobile US, Inc. (TMUS)

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 September 10, 2026. Differences are shown without an overall score or investment verdict.

AT&T Inc.

$178.50B

$26.05Communication ServicesDelayed quote: Sep 11, 2026, 3:59 PM EDT

TMUS

T-Mobile US, Inc.

$195.58B

$182.33Communication ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — T vs TMUS

growth of $100 · dividends reinvested · last 10y

T +72.3% (+5.6%/yr)TMUS +299.1% (+14.8%/yr)TMUS compounded faster over this window

T TMUS

T vs TMUS: by the numbers

•TMUS is the larger company ($195.58B vs $178.50B market cap).
•T trades at the lower trailing earnings multiple (8.65 vs 19.09 P/E), one valuation lens rather than an overall verdict.
•T converts more revenue to profit (16.89% vs 11.45% net margin).
•TMUS grew revenue faster over the past five years (3.05% vs -5.37% CAGR).
•T pays the higher dividend yield (4.34% vs 2.80%).

Metrics side by side

Valuation

Metric	T	TMUS
P/E ratio	8.65	19.09
Forward P/E	11.14	16.72
P/S ratio	1.40	2.12
P/B ratio	1.62	3.48
EV / EBITDA	6.99	10.14
FCF yield	9.89%	7.85%

Profitability

Metric	T	TMUS
Gross margin	59.72%	54.46%
Operating margin	20.38%	20.30%
Net margin	16.89%	11.45%
ROE	19.46%	18.77%
ROIC	5.96%	7.29%

Dividends

Metric	T	TMUS
Dividend yield	4.34%	2.80%
Payout ratio	36.88%	51.94%

Growth (annualized)

Metric	T	TMUS
Revenue CAGR (5Y)	-5.37%	3.05%
EPS CAGR (5Y)	8.15%	29.48%
FCF CAGR (5Y)	-9.29%	N/A
Total return CAGR (5Y)	10.97%	7.24%

Frequently asked

Which has the lower trailing P/E, T or TMUS?: T has the lower trailing P/E: T trades at 8.65 and TMUS at 19.09. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, T or TMUS?: Over the past five years, TMUS grew revenue faster — T at a -5.37% CAGR versus TMUS at 3.05%.
Does T or TMUS pay a bigger dividend?: T yields 4.34% and TMUS yields 2.80% 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 11.45%.
How have T and TMUS total returns compared?: Over the past 10 years, T delivered 5.52% and TMUS delivered 15.37% annualized total return. Past performance doesn't predict future results.

Go deeper

Full T analysis Full TMUS analysis Interactive comparison tool

Dig into the metrics

AT&T P/E ratio T-Mobile US P/E ratio AT&T dividend yield T-Mobile US dividend yield AT&T ROE T-Mobile US ROE AT&T operating margin T-Mobile US operating margin AT&T revenue growth T-Mobile US revenue growth AT&T free cash flow T-Mobile US free cash flow

AT&T & T-Mobile US appear in these rankings

Highest Dividend Yield Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks Lowest P/E Ratio Stocks

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 10, 2026.