Recent News
May 14, 2026 — T‑Mobile joined AT&T and Verizon in a planned joint venture to expand satellite-enabled direct-to-device coverage and address dead zones in underserved areas. May 28, 2026 — T‑Mobile announced network sponsorship and promotional activity around the USGA. June 15, 2026 — the company declared a quarterly cash dividend. June 25, 2026 — T‑Mobile completed a nationwide Hometown Grants initiative transforming 500 communities. July 23, 2026 — carrier promotions surfaced for new flagship devices, including trade-in offers tied to new plans.
Technical Analysis
Directional indicators show low trend strength: ADX at 18.63 signals no established directional trend. That lack of trend reduces conviction for directional breakouts and favors range-sensitive setups in the near term.
DI+ at 26.00 has peaked and reversed while DI- at 26.45 shows a dip-and-reversal; both readings align with a bearish directional bias for immediate price action. Those directional moves increase the probability of downward pressure unless DI+ re-accelerates above its recent peak.
MACD sits at 0.18 beneath its signal line at 0.42, with a peak-and-reversal pattern visible in the MACD trend. That configuration signals weakening bullish momentum and supports a near-term bearish tilt to price momentum.
MRO at 4.18 (peak-and-reversal) registers positive, indicating price currently sits slightly above the model target and therefore carries a modest downside potential. RSI at 48.91 with a peak-and-reversal pattern corroborates momentum fatigue rather than oversold strength.
Price relationships add tactical context: last close $180.09 trades below the 20-day average $186.45, 50-day average $184.56, and 200-day average $198.74, and remains under the ichimoku Tenkan ($184.41) and Kijun ($182.25). The position below multiple moving averages and ichimoku lines reinforces near-term resistance around $184–$199 and leaves the lower Bollinger band near $179 as an immediate reference for intraday support.
Fundamental Analysis
Top line: total revenue $22,791,000,000 declined 2.16% year-over-year and dropped 72.87% quarter-over-quarter, indicating weak top-line momentum this quarter and a notable seasonal or timing effect in revenue recognition.
Profitability: operating margin 24.09% and EBIT margin 23.62% remain above the industry peer mean of 21.88% (industry peer median 22.08%), supporting relative operating efficiency. EBIT margin improved QoQ by 25.03% while slipping YoY by 4.05 percentage points, a profile consistent with cost control offsetting weaker revenue.
Cash flow and valuation inputs: operating cash flow $6,175,000,000 and free cash flow $4,313,000,000 produce a free cash flow yield of 2.13%, which sits above the industry peer mean of 1.21%. WMDST values the stock as under-valued, with free cash generation and above-peer margins providing the primary valuation support.
Capital structure: total debt $119,439,000,000 produces a debt-to-EBITDA of 13.55 and debt-to-equity of 2.12, both indicating material leverage relative to typical peer medians. Interest coverage at 5.10 remains positive and above the industry peer mean, but high absolute leverage elevates sensitivity to interest and cash-flow swings.
Market multiples: trailing PE equals 62.90, above the industry peer mean of 56.21; price-to-book sits at 3.59, marginally above the industry peer mean of 3.54. PEG sits near the industry peer mean. Those elevated multiples reflect growth expectations embedded in price despite recent revenue softness.
Earnings and per-share metrics: reported EPS $2.99 beat the estimate $2.60 by $0.39, a 15% surprise, supporting near-term fundamentals-driven sentiment. Return on equity 5.76% and return on assets 1.51% improved QoQ but remain modest in absolute terms given the equity base and intangibles.
Valuation summary: WMDST’s valuation as under-valued rests on above-peer margin performance and a free cash flow yield above the industry peer mean, balanced against elevated leverage and slowing revenue growth. The net effect produces a constructive fundamental floor with constrained upside until revenue momentum stabilizes.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-06-30 |
| REPORT DATE: | 2026-07-23 |
| NEXT REPORT DATE: | 2026-10-22 |
| CASH FLOW | Begin Period Cash Flow | $ 3.9 B |
| Operating Cash Flow | $ 6.2 B | |
| Capital Expenditures | $ -3.19 B | |
| Change In Working Capital | $ -886.00 M | |
| Dividends Paid | $ -1.10 B | |
| Cash Flow Delta | $ -734.00 M | |
| End Period Cash Flow | $ 3.2 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 22.8 B | |
| Forward Revenue | $ 6.8 B | |
| COSTS | ||
| Cost Of Revenue | $ 8.0 B | |
| Depreciation | $ 3.4 B | |
| Depreciation and Amortization | $ 3.4 B | |
| Research and Development | — | |
| Total Operating Expenses | $ 17.3 B | |
| PROFITABILITY | ||
| Gross Profit | $ 14.8 B | |
| EBITDA | $ 8.8 B | |
| EBIT | $ 5.4 B | |
| Operating Income | $ 5.5 B | |
| Interest Income | — | |
| Interest Expense | $ 1.1 B | |
| Net Interest Income | $ -1.05 B | |
| Income Before Tax | $ 4.3 B | |
| Tax Provision | $ 1.1 B | |
| Tax Rate | 25.2 % | |
| Net Income | $ 3.2 B | |
| Net Income From Continuing Operations | $ 3.2 B | |
| EARNINGS | ||
| EPS Estimate | $ 2.60 | |
| EPS Actual | $ 2.99 | |
| EPS Difference | $ 0.39 | |
| EPS Surprise | 15.0 % | |
| Forward EPS | $ 3.57 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 213.6 B | |
| Intangible Assets | $ 115.1 B | |
| Net Tangible Assets | $ -58.88 B | |
| Total Current Assets | $ 21.8 B | |
| Cash and Short-Term Investments | $ 2.8 B | |
| Cash | $ 2.8 B | |
| Net Receivables | $ 5.2 B | |
| Inventory | $ 2.2 B | |
| Long-Term Investments | $ 10.0 B | |
| LIABILITIES | ||
| Accounts Payable | $ 4.3 B | |
| Short-Term Debt | $ 6.1 B | |
| Total Current Liabilities | $ 23.6 B | |
| Net Debt | $ 81.8 B | |
| Total Debt | $ 119.4 B | |
| Total Liabilities | $ 157.3 B | |
| EQUITY | ||
| Total Equity | $ 56.3 B | |
| Retained Earnings | $ 24.7 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 52.35 | |
| Shares Outstanding | 1.075 B | |
| Revenue Per-Share | $ 21.20 | |
| VALUATION | Market Capitalization | $ 202.2 B |
| Enterprise Value | $ 318.8 B | |
| Enterprise Multiple | 36.154 | |
| Enterprise Multiple QoQ | -12.539 % | |
| Enterprise Multiple YoY | -20.997 % | |
| Enterprise Multiple IPRWA | high: 72.007 TMUS: 36.154 mean: 22.313 median: 22.162 low: -24.639 |
|
| EV/R | 13.987 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 3.795 | |
| Asset To Liability | 1.358 | |
| Debt To Capital | 0.68 | |
| Debt To Assets | 0.559 | |
| Debt To Assets QoQ | -0.953 % | |
| Debt To Assets YoY | 0.908 % | |
| Debt To Assets IPRWA | high: 0.687 TMUS: 0.559 mean: 0.383 median: 0.382 low: 0.063 |
|
| Debt To Equity | 2.123 | |
| Debt To Equity QoQ | -2.143 % | |
| Debt To Equity YoY | 10.06 % | |
| Debt To Equity IPRWA | high: 3.729 TMUS: 2.123 mean: 1.585 median: 1.578 low: 0.292 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 3.593 | |
| Price To Book QoQ | -8.958 % | |
| Price To Book YoY | -19.996 % | |
| Price To Book IPRWA | high: 9.984 TMUS: 3.593 mean: 3.536 median: 3.516 low: 2.974 |
|
| Price To Earnings (P/E) | 62.904 | |
| Price To Earnings QoQ | -29.688 % | |
| Price To Earnings YoY | -24.614 % | |
| Price To Earnings IPRWA | high: 381.602 TMUS: 62.904 mean: 56.212 low: 54.565 median: 54.565 |
|
| PE/G Ratio | 7.92 | |
| Price To Sales (P/S) | 8.87 | |
| Price To Sales QoQ | -7.059 % | |
| Price To Sales YoY | -31.697 % | |
| Price To Sales IPRWA | high: 61.205 TMUS: 8.87 mean: 6.477 low: 6.389 median: 6.389 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 53.012 | |
| Forward PE/G | 6.675 | |
| Forward P/S | 29.913 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | -17.054 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.106 | |
| Asset Turnover Ratio QoQ | -0.056 % | |
| Asset Turnover Ratio YoY | 7.623 % | |
| Asset Turnover Ratio IPRWA | high: 0.132 median: 0.132 mean: 0.132 TMUS: 0.106 low: 0.011 |
|
| Receivables Turnover | 4.507 | |
| Receivables Turnover Ratio QoQ | -5.005 % | |
| Receivables Turnover Ratio YoY | -4.126 % | |
| Receivables Turnover Ratio IPRWA | TMUS: 4.507 high: 2.156 mean: 0.989 median: 0.985 low: 0.014 |
|
| Inventory Turnover | 3.556 | |
| Inventory Turnover Ratio QoQ | -4.685 % | |
| Inventory Turnover Ratio YoY | -12.57 % | |
| Inventory Turnover Ratio IPRWA | TMUS: 3.556 high: 3.076 median: 3.076 mean: 3.07 low: 0.973 |
|
| Days Sales Outstanding (DSO) | 20.245 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | -2.368 | |
| Cash Conversion Cycle Days QoQ | -674.427 % | |
| Cash Conversion Cycle Days YoY | -72.242 % | |
| Cash Conversion Cycle Days IPRWA | high: 3122.209 TMUS: -2.368 mean: -20.166 low: -20.977 median: -20.977 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | -12.768 | |
| CapEx To Revenue | -0.14 | |
| CapEx To Depreciation | -0.928 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 134.8 B | |
| Net Invested Capital | $ 140.9 B | |
| Invested Capital | $ 140.9 B | |
| Net Tangible Assets | $ -58.88 B | |
| Net Working Capital | $ -1.78 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.12 | |
| Current Ratio | 0.924 | |
| Current Ratio QoQ | -14.991 % | |
| Current Ratio YoY | -23.7 % | |
| Current Ratio IPRWA | high: 2.782 TMUS: 0.924 mean: 0.722 low: 0.714 median: 0.714 |
|
| Quick Ratio | 0.831 | |
| Quick Ratio QoQ | -14.558 % | |
| Quick Ratio YoY | -26.756 % | |
| Quick Ratio IPRWA | high: 2.314 TMUS: 0.831 mean: 0.661 low: 0.656 median: 0.656 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 13.546 | |
| Cost Of Debt | 0.656 % | |
| Interest Coverage Ratio | 5.102 | |
| Interest Coverage Ratio QoQ | 20.517 % | |
| Interest Coverage Ratio YoY | -9.566 % | |
| Interest Coverage Ratio IPRWA | TMUS: 5.102 high: 4.497 median: 4.497 mean: 0.081 low: -1306.328 |
|
| Operating Cash Flow Ratio | 0.262 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 45.966 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 2.942 | |
| Dividend Payout Ratio | 0.34 | |
| Dividend Rate | $ 1.02 | |
| Dividend Yield | 0.005 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -0.519 % | |
| Revenue Growth | -1.368 % | |
| Revenue Growth QoQ | -72.868 % | |
| Revenue Growth YoY | -216.129 % | |
| Revenue Growth IPRWA | high: 2.821 % mean: 1.788 % median: 1.785 % TMUS: -1.368 % low: -47.129 % |
|
| Earnings Growth | 7.942 % | |
| Earnings Growth QoQ | -61.716 % | |
| Earnings Growth YoY | -21.195 % | |
| Earnings Growth IPRWA | TMUS: 7.942 % high: 6.818 % median: 6.818 % mean: 6.615 % low: -42.857 % |
|
| MARGINS | ||
| Gross Margin | 64.754 % | |
| Gross Margin QoQ | 4.782 % | |
| Gross Margin YoY | -0.525 % | |
| Gross Margin IPRWA | high: 71.819 % TMUS: 64.754 % mean: 63.381 % median: 63.329 % low: 32.069 % |
|
| EBIT Margin | 23.619 % | |
| EBIT Margin QoQ | 25.034 % | |
| EBIT Margin YoY | -4.054 % | |
| EBIT Margin IPRWA | TMUS: 23.619 % high: 22.079 % median: 22.079 % mean: 21.878 % low: -297.03 % |
|
| Return On Sales (ROS) | 24.088 % | |
| Return On Sales QoQ | 23.769 % | |
| Return On Sales YoY | -2.355 % | |
| Return On Sales IPRWA | TMUS: 24.088 % high: 22.843 % median: 22.843 % mean: 22.638 % low: -297.51 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 4.3 B | |
| Free Cash Flow Yield | 2.134 % | |
| Free Cash Flow Yield QoQ | 2.893 % | |
| Free Cash Flow Yield YoY | 55.994 % | |
| Free Cash Flow Yield IPRWA | TMUS: 2.134 % high: 1.957 % mean: 1.21 % median: 0.588 % low: -5.895 % |
|
| Free Cash Growth | -5.686 % | |
| Free Cash Growth QoQ | -151.97 % | |
| Free Cash Growth YoY | -56.8 % | |
| Free Cash Growth IPRWA | high: 766.738 % TMUS: -5.686 % mean: -665.761 % low: -1389.277 % median: -1389.277 % |
|
| Free Cash To Net Income | 1.332 | |
| Cash Flow Margin | 27.094 % | |
| Cash Flow To Earnings | 1.906 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.03 | |
| Return On Assets (ROA) | 1.513 % | |
| Return On Assets QoQ | 31.109 % | |
| Return On Assets YoY | 0.332 % | |
| Return On Assets IPRWA | TMUS: 1.513 % high: 1.331 % median: 1.331 % mean: 1.313 % low: -3.259 % |
|
| Return On Capital Employed (ROCE) | 2.833 % | |
| Return On Equity (ROE) | 0.058 | |
| Return On Equity QoQ | 28.476 % | |
| Return On Equity YoY | 9.179 % | |
| Return On Equity IPRWA | TMUS: 0.058 high: 0.056 median: 0.056 mean: 0.055 low: -0.15 |
|
| DuPont ROE | 5.777 % | |
| Return On Invested Capital (ROIC) | 2.858 % | |
| Return On Invested Capital QoQ | 23.723 % | |
| Return On Invested Capital YoY | 5.112 % | |
| Return On Invested Capital IPRWA | high: 3.584 % median: 3.584 % mean: 3.553 % TMUS: 2.858 % low: -3.325 % |
|