T-Mobile US (TMUS) Invested Capital (2009 - 2026)
T-Mobile US (TMUS) reported Invested Capital of $140.89 billion for Q2 2026, down 1.2% from $142.53 billion a year earlier and down 0.7% from the prior quarter.
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Analysis
T-Mobile US (TMUS) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, T-Mobile US posted Invested Capital of $145.49 billion, up 3.9% from FY2024.
- Invested Capital has a five-year compound annual growth rate of 2.0% (FY2020 to FY2025).
- By year, Invested Capital came in at $140.01 billion in FY2024 (+0.2%), $139.73 billion in FY2023 (-1.3%), $141.62 billion in FY2022 (+1.5%) and $139.56 billion in FY2021 (+5.9%).
- The Q2 2026 figure ranks as the lowest quarterly Invested Capital since Q4 2024.
- Year over year, Invested Capital gained in six of the last eight quarters, with growth averaging 1.4%.
- The high point for year-over-year Invested Capital in five years was Q3 2021 (growth of 8.4%); the low point was Q3 2023 (a decline of 2.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $141.93 billion (Q1 2026), $145.49 billion (Q4 2025) and $143.18 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 270.43 Bn |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 140.89 Bn |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 270.39 Bn |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | 10.56 Bn |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | 180.15 Bn |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 11.79 Bn |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | 31.63 Bn |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | 5.37 Bn |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | - |
| 10 | Bce | 18.40 Bn | 16.72 Bn | - | 47.68 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 140.89 Bn |
| Mar 31, 2026 | 141.93 Bn |
| Dec 31, 2025 | 145.49 Bn |
| Sep 30, 2025 | 143.18 Bn |
| Jun 30, 2025 | 142.53 Bn |
| Mar 31, 2025 | 145.35 Bn |
| Dec 31, 2024 | 140.01 Bn |
| Sep 30, 2024 | 142.62 Bn |
| Jun 30, 2024 | 138.71 Bn |
| Mar 31, 2024 | 138.79 Bn |
| Dec 31, 2023 | 139.73 Bn |
| Sep 30, 2023 | 138.50 Bn |
| Jun 30, 2023 | 142.13 Bn |
| Mar 31, 2023 | 140.18 Bn |
| Dec 31, 2022 | 141.62 Bn |
| Sep 30, 2022 | 142.38 Bn |
| Jun 30, 2022 | 139.53 Bn |
| Mar 31, 2022 | 139.70 Bn |
| Dec 31, 2021 | 139.56 Bn |
| Sep 30, 2021 | 137.17 Bn |
API Access
T-Mobile US Invested Capital 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=invested-capital&ticker=TMUS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=TMUS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();