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).

Total return — T vs TMUS

growth of $100 · last 19y
T -21.6%TMUS +231.2%TMUS compounded faster
0100200300400500Start $1002011201520192023$78$331
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 5

It depends on what you're optimizing for:

ValueT(lower P/E)
GrowthTMUS(faster 5Y revenue CAGR)
IncomeT(higher dividend yield)
QualityTMUS(higher ROIC)

Valuation

MetricTTMUS
P/E ratio7.9420.12
Forward P/E9.2813.93
P/S ratio1.312.30
P/B ratio1.513.73
PEG ratio0.0840.42
EV / EBITDA5.8811.58
FCF yield10.47%8.73%

Profitability

MetricTTMUS
Gross margin79.66%54.34%
Operating margin19.35%20.36%
Net margin16.89%11.65%
ROE19.48%18.87%
ROIC5.57%7.04%

Dividends

MetricTTMUS
Dividend yield4.71%2.08%
Payout ratio36.51%40.41%

Growth (annualized)

MetricTTMUS
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.

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.