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 July 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnT vs TMUS

growth of $100 · dividends reinvested · last 19y
T +225.0%TMUS +251.6%TMUS compounded faster
0100200300400500Start $1002011201520192023$325$352
T TMUS

T vs TMUS: by the numbers

  • TMUS is the larger company ($195.64B vs $169.05B market cap).
  • T trades at the lower trailing earnings multiple (8.11 vs 18.56 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 (4.55% vs 2.22%).

Metrics side by side

Valuation

MetricTTMUS
P/E ratio8.1118.56
Forward P/E10.4616.30
P/S ratio1.332.08
P/B ratio1.543.41
PEG ratio0.0840.40
EV / EBITDA6.3910.01
FCF yield10.41%8.25%

Profitability

MetricTTMUS
Gross margin79.77%54.46%
Operating margin20.38%20.30%
Net margin16.89%11.45%
ROE19.46%18.77%
ROIC5.57%7.04%

Dividends

MetricTTMUS
Dividend yield4.55%2.22%
Payout ratio36.51%40.41%

Growth (annualized)

MetricTTMUS
Revenue CAGR (5Y)-5.37%3.05%
EPS CAGR (5Y)8.15%29.48%
FCF CAGR (5Y)-9.29%41.38%
Total return CAGR (5Y)9.61%5.83%

Frequently asked

Which has the lower trailing P/E, T or TMUS?
T has the lower trailing P/E: T trades at 8.11 and TMUS at 18.56. 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 4.55% and TMUS yields 2.22% 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 4.46% and TMUS delivered 15.35% 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 July 28, 2026.