T-Mobile US (TMUS) FCF Margin (2009 - 2026)
T-Mobile US (TMUS) recorded FCF Margin of 21.50% in Q3 2026, down 0.44 percentage points from 21.94% a year earlier but up 0.45 percentage points from the prior quarter.
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Analysis
T-Mobile US (TMUS) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, T-Mobile US's FCF Margin came in at 19.88% as of Sep 30, 2026, down 0.09 percentage points year-over-year; for FY2025, it was 20.38%, up 3.85 percentage points from FY2024.
- Annual FCF Margin has increased for five straight years, with a five-year change of +23.88 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 16.53% in FY2024 (+5.38 pp), 11.15% in FY2023 (+7.62 pp), 3.53% in FY2022 (+1.55 pp) and 1.99% in FY2021 (+5.49 pp).
- Quarterly FCF Margin has ranged from 0.34% in Q4 2021 to 21.94% in Q3 2025 over the past five years.
- On a year-over-year basis, FCF Margin has declined for three consecutive quarters, with an average year-over-year change of +1.60 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 11.28 percentage points in Q4 2023, against a drop of 1.14 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.05% (Q2 2026), 19.90% (Q1 2026) and 17.20% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 22.73% |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 21.50% |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 16.89% |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | - |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 16.54% |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 8.63% |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 4.26% |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 17.55% |
| 10 | Telefonica Brasil | 18.61 Bn | 12.64 Bn | 1.42 Bn | 32.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.50% |
| Jun 30, 2026 | 21.05% |
| Mar 31, 2026 | 19.90% |
| Dec 31, 2025 | 17.20% |
| Sep 30, 2025 | 21.94% |
| Jun 30, 2025 | 21.75% |
| Mar 31, 2025 | 21.05% |
| Dec 31, 2024 | 15.26% |
| Sep 30, 2024 | 20.72% |
| Jun 30, 2024 | 17.61% |
| Mar 31, 2024 | 12.54% |
| Dec 31, 2023 | 15.98% |
| Sep 30, 2023 | 14.91% |
| Jun 30, 2023 | 8.16% |
| Mar 31, 2023 | 5.35% |
| Dec 31, 2022 | 4.70% |
| Sep 30, 2022 | 3.89% |
| Jun 30, 2022 | 3.23% |
| Mar 31, 2022 | 2.31% |
| Dec 31, 2021 | 0.34% |
API Access
T-Mobile US FCF Margin 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=fcf-margin&ticker=TMUS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=TMUS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();