T-Mobile US (TMUS) Return on Invested Capital [ROIC] (2010 - 2026)
T-Mobile US (TMUS) posted Return on Invested Capital [ROIC] of 10.51% for Q3 2026, up 0.25 percentage points from 10.26% a year earlier and up 0.65 percentage points from the prior quarter.
Powered by 
Analysis
T-Mobile US (TMUS) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, T-Mobile US's Return on Invested Capital [ROIC] came in at 9.86%, down 0.07 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +3.84 percentage points (FY2020 to FY2025).
- In prior years, T-Mobile US's Return on Invested Capital [ROIC] was 9.92% in FY2024 (+2.26 pp), 7.67% in FY2023 (+3.84 pp), 3.83% in FY2022 (-0.75 pp) and 4.58% in FY2021 (-1.43 pp).
- The Q3 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] since Q1 2020.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in five of the last eight quarters, with an average year-over-year change of +0.75 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q4 2023, with a gain of 3.96 percentage points; the weakest was Q2 2022, with a drop of 1.23 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 9.86% (Q2 2026), 9.57% (Q1 2026) and 9.75% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.79 Bn | 157.13 Bn | 27.05 Bn | 8.22% |
| 2 | T-Mobile US | 173.48 Bn | 155.91 Bn | 15.13 Bn | 10.51% |
| 3 | At&T | 147.74 Bn | 89.20 Bn | 26.22 Bn | 6.91% |
| 4 | Grupo Televisa, S.A.B | 147.02 Bn | 147.02 Bn | 960.50 Mn | 4.38% |
| 5 | Comcast | 86.74 Bn | 52.53 Bn | - | 7.84% |
| 6 | Chunghwa Telecom | 38.68 Bn | 30.69 Bn | 728.80 Mn | 10.71% |
| 7 | Vodafone Group Public | 37.42 Bn | 6.82 Bn | - | - |
| 8 | EchoStar | 27.50 Bn | 8.54 Bn | 647.20 Mn | 0.79% |
| 9 | Bce | 20.09 Bn | 18.08 Bn | 2.79 Bn | 9.39% |
| 10 | Telefonica Brasil | 18.40 Bn | 12.42 Bn | 1.42 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.51% |
| Jun 30, 2026 | 9.86% |
| Mar 31, 2026 | 9.57% |
| Dec 31, 2025 | 9.75% |
| Sep 30, 2025 | 10.26% |
| Jun 30, 2025 | 10.34% |
| Mar 31, 2025 | 10.20% |
| Dec 31, 2024 | 9.82% |
| Sep 30, 2024 | 9.22% |
| Jun 30, 2024 | 8.63% |
| Mar 31, 2024 | 8.08% |
| Dec 31, 2023 | 7.75% |
| Sep 30, 2023 | 7.30% |
| Jun 30, 2023 | 6.19% |
| Mar 31, 2023 | 4.60% |
| Dec 31, 2022 | 3.79% |
| Sep 30, 2022 | 3.45% |
| Jun 30, 2022 | 3.70% |
| Mar 31, 2022 | 4.24% |
| Dec 31, 2021 | 4.50% |
API Access
T-Mobile US Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=TMUS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=TMUS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();