T-Mobile US, Inc. logo
TMUST-Mobile US, Inc.

The forward PE ratio is 17.28 as of Thursday, July 9, 2026.

Forward PE Ratio (17.28) = Close Price ($181.48) / Consensus Forward EPS ($10.42)

TMUS Forward PE Ratio Metrics

FORWARD PE RATIO

17.28

TMUS Competitors' Forward PE Ratio

TMUS

T-Mobile US, Inc.

Current

Market Cap

$196.40B

Forward PE Ratio

17.28

VZ

Verizon Communications Inc.

vs TMUS

Market Cap

$176.38B

Forward PE Ratio

8.54

DIS

The Walt Disney Company

vs TMUS

Market Cap

$166.98B

Forward PE Ratio

14.18

T

AT&T Inc.

vs TMUS

Market Cap

$146.12B

Forward PE Ratio

9.10

SPOT

Spotify Technology S.A.

vs TMUS

Market Cap

$100.01B

Forward PE Ratio

38.34

DASH

DoorDash, Inc.

vs TMUS

Market Cap

$83.81B

Forward PE Ratio

74.64

CMCSA

Comcast Corporation

vs TMUS

Market Cap

$83.39B

Forward PE Ratio

6.67

NFLX

Netflix, Inc.

vs TMUS

Market Cap

$317.79B

Forward PE Ratio

21.22

WBD

Warner Bros. Discovery, Inc.

vs TMUS

Market Cap

$66.77B

Forward PE Ratio

N/A

LYV

Live Nation Entertainment, Inc.

vs TMUS

Market Cap

$42.49B

Forward PE Ratio

N/A

Trailing vs Forward

Trailing P/E

19.2

reported TTM EPS

Forward P/E

17.3

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $10.42 implies +10.9% EPS growth vs the reported trailing $9.40.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $181.48 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$10.42$9.69 – $12.381817.4x
2027-12-31$13.56$11.60 – $16.201813.4x
2028-12-31$16.70$14.04 – $21.231510.9x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for T-Mobile US, Inc. (TMUS)?
The forward PE ratio for TMUS stock is 17.28.

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