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TMUS - T-Mobile US, Inc.

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T-Mobile US, Inc.

TMUS

NASDAQ

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 108.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories. In addition, the company offers services, devices, and accessories under the T-Mobile and Metro by T-Mobile brands through its owned and operated retail stores, T-Mobile app and customer care channels, and its websites. It also sells its devices to dealers and other third-party distributors for resale through independent third-party retail outlets and various third-party websites. As of December 31, 2021, it operated approximately 102,000 macro cell and 41,000 small cell/distributed antenna system sites. The company was founded in 1994 and is headquartered in Bellevue, Washington.

248.88 USD

1.88 (0.755%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

68.4B

80.12B

79.57B

78.56B

81.4B

85.23B

89.23B

93.42B

97.81B

102.41B

Revenue %

-

17.14

-0.68

-1.27

3.62

4.7

4.7

4.7

4.7

Ebitda

23.58B

26.38B

27.13B

26.93B

31.04B

29.64B

31.04B

32.5B

34.02B

35.62B

Ebitda %

34.47

32.93

34.1

34.28

38.14

34.78

34.78

34.78

34.78

Ebit

9.43B

10B

13.48B

14.12B

18.12B

14.22B

14.89B

15.59B

16.32B

17.09B

Ebit %

13.78

12.48

16.94

17.97

22.26

16.69

16.69

16.69

16.69

Depreciation

14.15B

16.38B

13.65B

12.82B

12.92B

15.42B

16.15B

16.91B

17.7B

18.53B

Depreciation %

20.69

20.45

17.16

16.32

15.87

18.1

18.1

18.1

18.1

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

10.38B

6.63B

4.51B

5.13B

5.41B

7.21B

7.55B

7.9B

8.28B

8.67B

Total Cash %

15.18

8.28

5.66

6.54

6.64

8.46

8.46

8.46

8.46

Receivables

8.06B

9.23B

9.92B

9.64B

8.65B

10B

10.47B

10.96B

11.48B

12.02B

Receivables %

11.78

11.52

12.47

12.28

10.63

11.74

11.74

11.74

11.74

Inventories

2.53B

2.57B

1.88B

1.68B

1.61B

2.28B

2.39B

2.5B

2.62B

2.74B

Inventories %

3.69

3.2

2.37

2.14

1.97

2.68

2.68

2.68

2.68

Payable

5.56B

6.5B

7.21B

5.57B

4.24B

6.41B

6.71B

7.03B

7.36B

7.7B

Payable %

8.13

8.11

9.06

7.09

5.21

7.52

7.52

7.52

7.52

Cap Ex

-12.37B

-21.69B

-17.3B

-10.81B

-12.31B

-16.33B

-17.09B

-17.9B

-18.74B

-19.62B

Cap Ex %

-18.08

-27.08

-21.74

-13.76

-15.12

-19.16

-19.16

-19.16

-19.16

Weighted Average Cost Of Capital

Price

248.88

Beta

Diluted Shares Outstanding

1.17B

Costof Debt

3.92

Tax Rate

After Tax Cost Of Debt

3.02

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

113.94B

Total Equity

291.99B

Total Capital

405.93B

Debt Weighting

28.07

Equity Weighting

71.93

Wacc

5.86

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

68.4B

80.12B

79.57B

78.56B

81.4B

85.23B

89.23B

93.42B

97.81B

102.41B

Ebitda

23.58B

26.38B

27.13B

26.93B

31.04B

29.64B

31.04B

32.5B

34.02B

35.62B

Ebit

9.43B

10B

13.48B

14.12B

18.12B

14.22B

14.89B

15.59B

16.32B

17.09B

Tax Rate

22.93

22.93

22.93

22.93

22.93

22.93

22.93

22.93

22.93

22.93

Ebiat

8.18B

9.02B

11.1B

10.67B

13.97B

11.72B

12.27B

12.85B

13.45B

14.08B

Depreciation

14.15B

16.38B

13.65B

12.82B

12.92B

15.42B

16.15B

16.91B

17.7B

18.53B

Receivables

8.06B

9.23B

9.92B

9.64B

8.65B

10B

10.47B

10.96B

11.48B

12.02B

Inventories

2.53B

2.57B

1.88B

1.68B

1.61B

2.28B

2.39B

2.5B

2.62B

2.74B

Payable

5.56B

6.5B

7.21B

5.57B

4.24B

6.41B

6.71B

7.03B

7.36B

7.7B

Cap Ex

-12.37B

-21.69B

-17.3B

-10.81B

-12.31B

-16.33B

-17.09B

-17.9B

-18.74B

-19.62B

Ufcf

4.95B

3.44B

8.15B

11.53B

14.3B

10.97B

11.05B

11.57B

12.11B

12.68B

Wacc

5.86

5.86

5.86

5.86

5.86

Pv Ufcf

10.36B

9.86B

9.75B

9.64B

9.54B

Sum Pv Ufcf

49.16B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

5.86

Free Cash Flow T1

13.19B

Terminal Value

710.9B

Present Terminal Value

534.87B

Intrinsic Value

Enterprise Value

584.03B

Net Debt

108.53B

Equity Value

475.49B

Diluted Shares Outstanding

1.17B

Equity Value Per Share

405.29

Projected DCF

405.29 0.386%

DCF Levered

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