Net Profit Margin
since 2013
Calculation
T-Mobile US Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2025 | 12.45% | = | 100 | × | 10,992) | ÷ | 88,309) |
| Dec 31, 2024 | 13.93% | = | 100 | × | 11,339) | ÷ | 81,400) |
| Dec 31, 2023 | 10.59% | = | 100 | × | 8,317) | ÷ | 78,558) |
| Dec 31, 2022 | 3.25% | = | 100 | × | 2,590) | ÷ | 79,571) |
| Dec 31, 2021 | 3.77% | = | 100 | × | 3,024) | ÷ | 80,118) |
| Dec 31, 2020 | 4.48% | = | 100 | × | 3,064) | ÷ | 68,397) |
| Dec 31, 2019 | 7.71% | = | 100 | × | 3,468) | ÷ | 44,998) |
| Dec 31, 2018 | 6.67% | = | 100 | × | 2,888) | ÷ | 43,310) |
| Dec 31, 2017 | 11.17% | = | 100 | × | 4,536) | ÷ | 40,604) |
| Dec 31, 2016 | 3.92% | = | 100 | × | 1,460) | ÷ | 37,242) |
| Dec 31, 2015 | 2.29% | = | 100 | × | 733) | ÷ | 32,053) |
| Dec 31, 2014 | 0.84% | = | 100 | × | 247) | ÷ | 29,564) |
| Dec 31, 2013 | 0.14% | = | 100 | × | 35) | ÷ | 24,420) |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31).
1 US$ in millions
The net profit margin exhibited a generally increasing trend over the observed period, though with notable fluctuations. Initial values were relatively low, followed by substantial growth and subsequent periods of stabilization and renewed expansion.
- Initial Phase (2013-2016)
- From 2013 to 2016, the net profit margin increased significantly. Starting at 0.14% in 2013, it rose to 3.92% by 2016. This indicates a considerable improvement in profitability during this timeframe, suggesting effective cost management or revenue growth outpacing expenses.
- Mid-Period Stabilization (2017-2020)
- The period between 2017 and 2020 saw a more moderate and fluctuating pattern. The net profit margin peaked at 11.17% in 2017 before declining to 4.48% in 2020. While remaining positive, this suggests a potential stabilization of profitability or the impact of increased competition or investment.
- Recent Expansion (2021-2025)
- From 2021 onwards, the net profit margin demonstrated a strong upward trend. It increased from 3.77% in 2021 to 12.45% in 2025, with a peak of 13.93% in 2024. This recent performance suggests successful strategic initiatives, improved operational efficiency, or favorable market conditions. The substantial increase in net income relative to revenues during this period supports this observation.
- Overall Trend
- The overall trend reveals a significant improvement in net profit margin from 2013 to 2025. While intermediate periods showed stabilization or slight declines, the long-term trajectory is clearly positive. The most substantial gains occurred in the latter part of the period, indicating a strengthening of the company’s profitability.
The fluctuations in net profit margin likely reflect changes in the competitive landscape, investment cycles, and overall economic conditions. The recent strong performance suggests a positive outlook, but continued monitoring is recommended to assess the sustainability of these gains.
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Comparison to Competitors
T-Mobile US Inc., net profit margin, long-term trends, comparison to competitors
| T-Mobile US Inc. | AT&T Inc. | Verizon Communications Inc. | |
|---|---|---|---|
| Dec 31, 2025 | 12.45% | 17.47% | 12.43% |
| Dec 31, 2024 | 13.93% | 8.95% | 12.99% |
| Dec 31, 2023 | 10.59% | 11.76% | 8.67% |
| Dec 31, 2022 | 3.25% | -7.06% | 15.53% |
| Dec 31, 2021 | 3.77% | 11.89% | 16.51% |
| Dec 31, 2020 | 4.48% | -3.01% | 13.88% |
| Dec 31, 2019 | 7.71% | 7.67% | 14.61% |
| Dec 31, 2018 | 6.67% | 11.34% | 11.87% |
| Dec 31, 2017 | 11.17% | 18.34% | 23.88% |
| Dec 31, 2016 | 3.92% | 7.92% | 10.42% |
| Dec 31, 2015 | 2.29% | 9.09% | 13.58% |
| Dec 31, 2014 | 0.84% | 4.70% | 7.57% |
| Dec 31, 2013 | 0.14% | 14.17% | 9.54% |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31).
Comparison to Sector (Telecommunication Services)
T-Mobile US Inc., net profit margin, long-term trends, comparison to sector (telecommunication services)
| T-Mobile US Inc. | Telecommunication Services | |
|---|---|---|
| Dec 31, 2025 | 12.45% | 14.23% |
| Dec 31, 2024 | 13.93% | 11.75% |
| Dec 31, 2023 | 10.59% | 10.25% |
| Dec 31, 2022 | 3.25% | 4.54% |
| Dec 31, 2021 | 3.77% | 11.81% |
| Dec 31, 2020 | 4.48% | 4.26% |
| Dec 31, 2019 | 7.71% | 10.23% |
| Dec 31, 2018 | 6.67% | 10.95% |
| Dec 31, 2017 | 11.17% | 19.59% |
| Dec 31, 2016 | 3.92% | 8.43% |
| Dec 31, 2015 | 2.29% | 10.29% |
| Dec 31, 2014 | 0.84% | 5.57% |
| Dec 31, 2013 | 0.14% | 10.88% |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31).
Comparison to Industry (Communication Services)
T-Mobile US Inc., net profit margin, long-term trends, comparison to industry (communication services)
| T-Mobile US Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2025 | 12.45% | 23.45% |
| Dec 31, 2024 | 13.93% | 20.96% |
| Dec 31, 2023 | 10.59% | 16.67% |
| Dec 31, 2022 | 3.25% | 11.45% |
| Dec 31, 2021 | 3.77% | 18.71% |
| Dec 31, 2020 | 4.48% | 11.52% |
| Dec 31, 2019 | 7.71% | 14.63% |
| Dec 31, 2018 | 6.67% | 16.43% |
| Dec 31, 2017 | 11.17% | 19.83% |
| Dec 31, 2016 | 3.92% | 12.81% |
| Dec 31, 2015 | 2.29% | 12.78% |
| Dec 31, 2014 | 0.84% | 10.11% |
| Dec 31, 2013 | 0.14% | 12.57% |
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31).