T-Mobile US (TMUS) Return on Invested Capital [ROIC] (2010 - 2026)
T-Mobile US (TMUS) posted Return on Invested Capital [ROIC] of 9.86% for Q2 2026, down 0.48 percentage points from 10.34% a year earlier but up 0.29 percentage points from the prior quarter.
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Analysis
T-Mobile US (TMUS) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
Since Q3 2010, T-Mobile US has reported Return on Invested Capital [ROIC] for 64 quarters.
- 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).
- Quarterly Return on Invested Capital [ROIC] has run from a low of 3.45% in Q3 2022 to a high of 10.34% in Q2 2025 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last three quarters, with an average year-over-year change of +0.96 percentage points over the last eight quarters.
- 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 9.57% (Q1 2026), 9.75% (Q4 2025) and 10.26% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.43 Bn | 149.83 Bn | 27.03 Bn | 7.99% |
| 2 | T-Mobile US | 157.50 Bn | 142.25 Bn | 14.76 Bn | 9.86% |
| 3 | Grupo Televisa, S.A.B | 146.85 Bn | 139.14 Bn | 318.12 Mn | 2.87% |
| 4 | At&T | 140.99 Bn | 98.44 Bn | 26.22 Bn | 6.91% |
| 5 | Comcast | 80.32 Bn | 46.28 Bn | - | 7.84% |
| 6 | Vodafone Group Public | 38.29 Bn | 11.97 Bn | - | - |
| 7 | Chunghwa Telecom | 37.65 Bn | 30.15 Bn | 728.80 Mn | 10.71% |
| 8 | EchoStar | 25.85 Bn | 16.98 Bn | 1.65 Bn | -35.40% |
| 9 | Telefonica Brasil | 20.72 Bn | 14.74 Bn | 1.42 Bn | - |
| 10 | Bce | 19.04 Bn | 17.39 Bn | 3.38 Bn | 55.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 4.66% |
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();