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.
T
AT&T Inc.
$24.67Communication ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT
TMUS
T-Mobile US, Inc.
$182.39Communication ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — T vs TMUS
growth of $100 · dividends reinvested · last 19yT +225.0%TMUS +251.6%TMUS compounded faster
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
| Metric | T | TMUS |
|---|---|---|
| P/E ratio | 8.11 | 18.56 |
| Forward P/E | 10.46 | 16.30 |
| P/S ratio | 1.33 | 2.08 |
| P/B ratio | 1.54 | 3.41 |
| PEG ratio | 0.08 | 40.40 |
| EV / EBITDA | 6.39 | 10.01 |
| FCF yield | 10.41% | 8.25% |
Profitability
| Metric | T | TMUS |
|---|---|---|
| Gross margin | 79.77% | 54.46% |
| Operating margin | 20.38% | 20.30% |
| Net margin | 16.89% | 11.45% |
| ROE | 19.46% | 18.77% |
| ROIC | 5.57% | 7.04% |
Dividends
| Metric | T | TMUS |
|---|---|---|
| Dividend yield | 4.55% | 2.22% |
| Payout ratio | 36.51% | 40.41% |
Growth (annualized)
| Metric | T | TMUS |
|---|---|---|
| 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.
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 July 28, 2026.