T-Mobile US (TMUS) Return on Capital Employed [ROCE] (2010 - 2026)
T-Mobile US (TMUS) recorded Return on Capital Employed [ROCE] of 9.58% in Q2 2026, down 0.55 percentage points from 10.13% a year earlier but up 0.44 percentage points from the prior quarter.
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Analysis
T-Mobile US (TMUS) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, T-Mobile US reported Return on Capital Employed [ROCE] of 9.66%, up 0.07 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for three straight years, with a five-year change of +4.22 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 9.60% in FY2024 (+2.03 pp), 7.56% in FY2023 (+4.01 pp), 3.55% in FY2022 (-0.28 pp) and 3.83% in FY2021 (-1.61 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from 2.62% in Q3 2022 to 10.13% in Q2 2025 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for three consecutive quarters, with an average year-over-year change of +0.86 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 4.58 percentage points in Q3 2023, against a drop of 1.96 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.14% (Q1 2026), 9.44% (Q4 2025) and 10.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.43 Bn | 149.83 Bn | 27.03 Bn | 8.11% |
| 2 | T-Mobile US | 157.50 Bn | 142.25 Bn | 14.76 Bn | 9.58% |
| 3 | Grupo Televisa, S.A.B | 146.85 Bn | 139.14 Bn | 318.12 Mn | 2.69% |
| 4 | At&T | 140.99 Bn | 98.44 Bn | 26.22 Bn | 6.26% |
| 5 | Comcast | 80.32 Bn | 46.28 Bn | - | 7.98% |
| 6 | Vodafone Group Public | 38.29 Bn | 11.97 Bn | - | - |
| 7 | Chunghwa Telecom | 37.65 Bn | 30.15 Bn | 728.80 Mn | 2.44% |
| 8 | EchoStar | 25.85 Bn | 16.98 Bn | 1.65 Bn | -45.15% |
| 9 | Telefonica Brasil | 20.72 Bn | 14.74 Bn | 1.42 Bn | - |
| 10 | Bce | 19.04 Bn | 17.39 Bn | 3.38 Bn | 51.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.58% |
| Mar 31, 2026 | 9.14% |
| Dec 31, 2025 | 9.44% |
| Sep 30, 2025 | 10.04% |
| Jun 30, 2025 | 10.13% |
| Mar 31, 2025 | 10.02% |
| Dec 31, 2024 | 9.52% |
| Sep 30, 2024 | 8.96% |
| Jun 30, 2024 | 8.52% |
| Mar 31, 2024 | 7.98% |
| Dec 31, 2023 | 7.62% |
| Sep 30, 2023 | 7.20% |
| Jun 30, 2023 | 6.04% |
| Mar 31, 2023 | 4.35% |
| Dec 31, 2022 | 3.49% |
| Sep 30, 2022 | 2.62% |
| Jun 30, 2022 | 2.72% |
| Mar 31, 2022 | 3.50% |
| Dec 31, 2021 | 3.81% |
| Sep 30, 2021 | 4.10% |
API Access
T-Mobile US Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=TMUS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=TMUS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();