T-Mobile US, Inc. (TMUS) vs Verizon Communications Inc. (VZ)

VZ leads on 10 of 16 compared metrics.

A side-by-side comparison of T-Mobile US, Inc. and Verizon Communications 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 — TMUS vs VZ

growth of $100 · last 19y
TMUS +231.2%VZ +33.2%TMUS compounded faster
0100200300400500Start $1002011201520192023$331$133
TMUS VZ

TMUS vs VZ: by the numbers

  • TMUS is the larger company ($204.64B vs $200.89B market cap).
  • VZ trades at the lower earnings multiple (11.73 vs 20.12 P/E).
  • VZ converts more revenue to profit (12.46% vs 11.65% net margin).
  • TMUS grew revenue faster over the past five years (3.28% vs 1.44% CAGR).
  • VZ pays the higher dividend yield (5.75% vs 2.08%).

Which is better, TMUS or VZ?

Metric tally: TMUS 6 · VZ 10

It depends on what you're optimizing for:

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

Valuation

MetricTMUSVZ
P/E ratio20.1211.73
Forward P/E13.939.17
P/S ratio2.301.46
P/B ratio3.731.96
PEG ratio40.42
EV / EBITDA11.588.02
FCF yield8.73%9.90%

Profitability

MetricTMUSVZ
Gross margin54.34%58.85%
Operating margin20.36%21.22%
Net margin11.65%12.46%
ROE18.87%16.78%
ROIC7.04%6.22%

Dividends

MetricTMUSVZ
Dividend yield2.08%5.75%
Payout ratio40.41%68.10%

Growth (annualized)

MetricTMUSVZ
Revenue CAGR (5Y)3.28%1.44%
EPS CAGR (5Y)29.48%-1.14%
FCF CAGR (5Y)45.55%-1.27%
Total return CAGR (5Y)6.34%2.76%

Frequently asked

Which is better, TMUS or VZ?
It depends on your goal. value: VZ (lower P/E); growth: TMUS (faster 5Y revenue CAGR); income: VZ (higher dividend yield); quality: TMUS (higher ROIC). Across all compared metrics, VZ leads 10 to 6.
Is TMUS or VZ cheaper?
On trailing earnings, VZ is cheaper: TMUS trades at a 20.12 P/E and VZ at 11.73.
Which has grown faster, TMUS or VZ?
Over the past five years, TMUS grew revenue faster — TMUS at a 3.28% CAGR versus VZ at 1.44%.
Does TMUS or VZ pay a bigger dividend?
TMUS yields 2.08% and VZ yields 5.75% based on trailing dividends and the latest price.
Is TMUS or VZ more profitable?
VZ runs the higher net margin — TMUS at 11.65% versus VZ at 12.46%.
Which has been the better investment, TMUS or VZ?
Over the past 10-year, TMUS delivered the higher annualized total return — TMUS at 16.76% versus VZ at 4.53%. 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.