T-Mobile US, Inc.

TMUSNASDAQCommunication Services● Active

$178.10

+$1.08(+0.61%)

Market Cap$192.7B

P/E Ratio—

52W High$261.56

52W Low$177.12

Avg Volume5.5M

Open$179.73

Beta0.30

Overview

T-Mobile US, Inc. (TMUS) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

TMUS · free cash flow · updated Jun 8, 2026

Core FCF metrics

TMUS · FCF · TTM · margin & CAGR

Free cash flow was $18.00B for FY2025 (fiscal year ending 2025-12-31), up 80.3% year-over-year The FCF margin was 20.4%.

FY2025 Free Cash Flow$18.00B▲ +80.3% YoY

Trailing 12M (TTM)$18.20Btrailing 4 quarters sum

FCF Margin20.4%$18.00B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

TMUS · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$27.95B(9.96B)$18.00B▲ +80.3%20.4%

FY2024$22.29B(12.31B)$9.98B▲ +28.8%12.3%

FY2023$18.56B(10.81B)$7.75B▲ +1590.0%9.9%

FY2022$16.78B(17.30B)−$520.0M▲ +93.3%-0.7%

FY2021$13.92B(21.69B)−$7.78B▼ 108.6%-9.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

TMUS · P/FCF · FCF yield · FCF per share

T-Mobile US, Inc. (TMUS) trades at a FCF yield of 9.44% and a price-to-free-cash-flow ratio of 11.0x. FCF per share stands at $16.13, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

9.44%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$16.13

TTM FCF ÷ Shares Outstanding

Price / FCF

x11.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x16.9

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

TMUS · cash flow statement · operating / investing / financing

For FY2025, T-Mobile US, Inc. generated $27.95B in operating cash flow and spent 9.96B in capital expenditures, yielding $18.00B in free cash flow.

Operating Activities

+$27.95B

Cash from core business operations

2025-12-31

Investing Activities

−$17.61B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$10.08B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($27.95B) − |CapEx| (9.96B) = FCF ($18.00B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

TMUS vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

T-Mobile US, Inc.YOU

TMUS

$18.00B+80.3%20.4%

25%

About Free Cash Flow & Methodology

T-Mobile US, Inc. (TMUS) reported free cash flow of $18.00B for FY2025 (fiscal year ending 2025-12-31), up 80.3% year-over-year. The FCF margin was 20.4%.

Based on available data, T-Mobile US, Inc. has maintained positive free cash flow for at least 5 fiscal year(s). FCF peaked at $18.00B in FY2025.

T-Mobile US, Inc.'s FCF yield is 9.44% and price-to-FCF ratio is 11.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

TMUS free cash flow · 8 questions

T-Mobile US, Inc. free cash flow was $18.00B for FY2025, up 80.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $18.20B.

TMUS free cash flowTMUS FCFTMUS FCF 2025TMUS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · T-Mobile US, Inc. · T-Mobile US, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026