T-Mobile US stock trades near record territory as 2025 guidance and subscriber growth support valuation
Published on 07/22/2026 at 15:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
T-Mobile US Inc. (ISIN US8725901040) stock remains supported by strong recent financial results and subscriber growth that have kept the Nasdaq-listed wireless carrier among the largest US telecommunications companies by market capitalization. As of 31 December 2024, the company reported multi-billion dollar revenue and profit figures that underpin the current valuation, according to its annual filing and investor materials.
Revenue up double digits in 2024
According to publicly available investor information for fiscal 2024, T-Mobile US generated around $80 billion in total revenue for the year, reflecting a high single- to low double-digit percentage increase compared with fiscal 2023. This growth was driven primarily by postpaid service revenue and continued expansion in the company’s core wireless customer base, as the operator consolidated its position in the US mobile market after previous merger activity.
The company also reported net income in the range of $8 billion for 2024, up meaningfully from the prior-year level of roughly $7 billion, indicating improved profitability alongside revenue expansion. The corresponding diluted earnings per share figure rose as well, with EPS in 2024 increasing versus 2023 by a high single-digit percentage, helped by scale benefits, cost efficiencies, and stable churn metrics in the postpaid segment.
Subscriber base and 5G scale drive growth
T-Mobile US’s customer metrics also underlined the growth story. As of the end of 2024, the carrier reported a total subscriber base above 115 million across postpaid and prepaid categories, compared with around 110 million subscribers a year earlier, indicating net additions of several million customers over the 12-month period. Postpaid accounts represented the largest portion of this base, and the company highlighted low postpaid phone churn relative to historical levels, which helped sustain recurring service revenue.
In mobile broadband and 5G, T-Mobile US continued to emphasize that its 5G network covered the vast majority of the US population, providing a competitive advantage against other national carriers. The company’s network capital expenditure program remained significant in 2024, with billions of dollars invested in spectrum, radio access equipment, and core network infrastructure to both widen coverage and increase capacity. These investments support emerging revenue streams, including fixed wireless access services to households and small businesses.
More background on T-Mobile US
Investors who want to study historical earnings reports and detailed operational metrics can find additional information in the company’s investor materials and regulatory filings.
2025 guidance and margin focus
For 2025, T-Mobile US has communicated a guidance framework that points to continued growth in core operating metrics. The company’s outlook materials indicate expectations for service revenue expansion in the low- to mid-single-digit range, supported by net postpaid account growth and ongoing fixed wireless access additions. Management also aims to sustain or modestly improve the adjusted EBITDA margin relative to 2024 by driving efficiencies and integrating network investments.
Capital expenditure guidance for 2025, based on recent disclosures, suggests a level of several billion dollars, broadly consistent with 2024 but with a gradual shift from coverage build-out toward capacity enhancement and modernization. This capex trajectory reflects the transition from the most intensive phase of nationwide 5G deployment toward targeted upgrades, which can help support free cash flow generation over time.
Price level and market context
From a market perspective, T-Mobile US stock has been trading in a range that is close to its historical highs over the past year, supported by the company’s earnings track record and balance between growth and profitability. Quoted prices on the Nasdaq show that the shares have moved within a 52-week band from roughly $130 on the lower end to about $180 on the upper end, with recent levels closer to the upper portion of that range. This positions the stock near record territory and reflects investor confidence in the company’s medium-term outlook.
The market capitalization associated with these price levels places T-Mobile US firmly among the largest telecom operators in the United States, with an equity value in the tens of billions of dollars. The stock’s performance over the past 12 months compares favorably with several sector peers, as the company’s combination of subscriber growth, cost control, and 5G scale has been rewarded in the market.
Magenta-branded wireless and home internet
T-Mobile US’s core product offering remains its Magenta-branded wireless service, encompassing postpaid phone plans, prepaid options, and data-centric services for devices such as tablets and wearables. The company has also expanded its home internet product, leveraging its 5G and LTE network to provide fixed wireless access services to households that may lack fiber or cable connectivity. This home internet product has been a contributor to net customer additions, with the company reporting hundreds of thousands of new home internet customers over recent quarters, according to its investor updates.
Stock price and trading venue
T-Mobile US stock is listed on Nasdaq under the ticker symbol TMUS and trades in US dollars. As of the latest available quote in mid-2026, the shares were changing hands at around $170 per share on Nasdaq, placing the stock near the upper end of its 52-week trading range and reinforcing its high market value among US telecoms.
T-Mobile US key data
- Company: T-Mobile US Inc.
- ISIN: US8725901040
- Ticker: NASDAQ: TMUS
- Trading venue: Nasdaq
- Price (as of 22 July 2026, 13:30 UTC): 170 USD
- Market capitalization: 200,000,000,000 USD (as of 22 July 2026)
- Sector / Industry: Communication Services / Wireless Telecommunication Services
- Index membership: S&P 500
- Next earnings date: 30 July 2026
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