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T-Mobile US, Inc. (TMUS) Enterprise Value (EV): $345.70B

The enterprise value (EV) for T-Mobile US, Inc. (TMUS) is $345.70B as of Wednesday, June 10, 2026.

TMUS Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$345.70B

TMUS Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
T-Mobile US, Inc. (TMUS)$345.70B
Verizon Communications Inc. (VZ)$195.94B$353.67B
The Walt Disney Company (DIS)$171.20B$243.88B
AT&T Inc. (T)$161.17B$333.83B
Spotify Technology S.A. (SPOT)$103.45B$115.80B
Comcast Corporation (CMCSA)$85.63B$202.77B
Netflix, Inc. (NFLX)$345.29B$401.96B
Electronic Arts Inc. (EA)$50.95B$49.59B
Reddit, Inc. (RDDT)$33.69B$41.91B
Charter Communications, Inc. (CHTR)$19.45B$124.86B

Enterprise Value Calculation

Market Cap

$200.66B

+

Total Debt

$86.28B

Cash

$5.60B

=

Enterprise Value

$345.70B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

T-Mobile US, Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

T-Mobile US, Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for T-Mobile US, Inc. (TMUS)?
The enterprise value (EV) for TMUS stock is $345.70B.

About T-Mobile US, Inc.

T-Mobile US, Inc., alongside its subsidiaries, offers mobile telecommunications services across the United States, Puerto Rico, and the U.S. Virgin Islands. Catering to approximately 108.7 million subscribers, the company delivers essential voice, messaging, and data connectivity to customers in postpaid, prepaid, and wholesale segments. Beyond services, T-Mobile also supplies a broad array of wireless devices, such as smartphones, wearables, tablets, and other mobile communication gadgets, along with associated accessories. These offerings are marketed under both the T-Mobile and Metro by T-Mobile brands. Direct distribution occurs through its proprietary retail stores, the T-Mobile mobile application, customer service channels, and its official online platforms. Additionally, the company provides devices to independent dealers and other distributors for resale via external retail locations and various third-party websites. As of December 31, 2021, its robust network infrastructure encompassed approximately 102,000 macro cell sites and 41,000 small cell/distributed antenna system locations. T-Mobile US, Inc. was established in 1994 and maintains its headquarters in Bellevue, Washington.

Bellevue, WA
70,000 employees
Communication Services / Telecommunications Services
Sector
Communication Services
Industry
Telecommunications Services
CEO
Srinivasan Gopalan