T-Mobile US (TMUS) Debt Ratio (2009 - 2026)
T-Mobile US's Debt Ratio came in at 0.40 for Q2 2026, up 3.5% from 0.38 a year earlier but down 1.1% from the prior quarter.
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Analysis
T-Mobile US (TMUS) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, T-Mobile US's Debt Ratio was 0.39, up 4.6% from FY2024.
- Debt Ratio has increased in each of the last three years.
- Going back by year, Debt Ratio was 0.38 in FY2024 (+4.2%), 0.36 in FY2023 (+6.1%), 0.34 in FY2022 (-0.2%) and 0.34 in FY2021 (+2.8%).
- The five-year range for quarterly Debt Ratio is 0.33 (Q1 2022) to 0.40 (Q1 2026).
- Year-over-year, Debt Ratio has increased for 14 consecutive quarters, with growth averaging 4.0% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q2 2023 (growth of 9.3%), and the weakest in Q1 2022 (a decline of 5.0%).
- Business Quant data shows TMUS's Debt Ratio at 0.40 (Q1 2026), 0.39 (Q4 2025) and 0.38 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 0.40 |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 0.40 |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 0.34 |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | 0.35 |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | 0.35 |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 0.01 |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | 0.44 |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | 0.51 |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | 0.03 |
| 10 | Bce | 18.40 Bn | 16.72 Bn | - | 0.52 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.40 |
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.39 |
| Sep 30, 2025 | 0.38 |
| Jun 30, 2025 | 0.38 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.37 |
| Jun 30, 2024 | 0.36 |
| Mar 31, 2024 | 0.37 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.36 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.34 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.33 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 0.34 |
| Sep 30, 2021 | 0.34 |
API Access
T-Mobile US Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=TMUS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "TMUS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=TMUS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();