T-Mobile US (TMUS) Return on Equity [ROE] (2009 - 2026)
T-Mobile US's Return on Equity [ROE] came in at 20.08% for Q3 2026, up 0.55 percentage points from 19.53% a year earlier and up 1.24 percentage points from the prior quarter.
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Analysis
T-Mobile US (TMUS) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, T-Mobile US's Return on Equity [ROE] was 18.18%, up 0.24 percentage points from FY2024.
- Return on Equity [ROE] has increased in each of the last three years, with a five-year change of +11.67 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 17.93% in FY2024 (+5.55 pp), 12.38% in FY2023 (+8.65 pp), 3.73% in FY2022 (-0.77 pp) and 4.50% in FY2021 (-2.01 pp).
- The Q3 2026 figure represents the highest quarterly Return on Equity [ROE] since Q3 2018.
- Year-over-year, Return on Equity [ROE] increased in six of the last eight quarters, with an average year-over-year change of +2.18 percentage points.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q3 2023 (a gain of 9.74 percentage points), and the weakest in Q2 2022 (a drop of 3.39 percentage points).
- Business Quant data shows TMUS's Return on Equity [ROE] at 18.83% (Q2 2026), 18.32% (Q1 2026) and 18.37% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 15.87% |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 20.08% |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 11.73% |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 1.36% |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 11.93% |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 11.23% |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 63.36% |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 39.11% |
| 10 | Telefonica Brasil | 18.61 Bn | 12.64 Bn | 1.42 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.08% |
| Jun 30, 2026 | 18.83% |
| Mar 31, 2026 | 18.32% |
| Dec 31, 2025 | 18.37% |
| Sep 30, 2025 | 19.53% |
| Jun 30, 2025 | 19.99% |
| Mar 31, 2025 | 19.40% |
| Dec 31, 2024 | 18.00% |
| Sep 30, 2024 | 16.35% |
| Jun 30, 2024 | 15.16% |
| Mar 31, 2024 | 13.88% |
| Dec 31, 2023 | 12.93% |
| Sep 30, 2023 | 12.00% |
| Jun 30, 2023 | 9.34% |
| Mar 31, 2023 | 5.64% |
| Dec 31, 2022 | 3.75% |
| Sep 30, 2022 | 2.24% |
| Jun 30, 2022 | 2.50% |
| Mar 31, 2022 | 4.08% |
| Dec 31, 2021 | 4.45% |
API Access
T-Mobile US Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=TMUS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=TMUS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();