AT&T (T) vs T-Mobile US (TMUS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
AT&T (T) has outperformed T-Mobile US (TMUS) over the past year, losing 5.3% versus a loss of 24.4%. Over five years, TMUS leads with a +45.7% price change compared with +28.1% for T. T-Mobile US is the larger company by market cap ($183.76 billion vs $170.42 billion), about 1.1 times the size.
On valuation, AT&T trades at a lower forward P/E (9.7x vs 11.9x for T-Mobile US). AT&T offers the higher dividend yield (4.46% vs 2.38%). AT&T converts more of its revenue into profit, with a net margin of 17.5% versus 12.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | T | TMUS |
|---|---|---|
| Share price | $24.87 | $171.31 |
| Market cap | $170.42B | $183.76B |
| 1-day change | +1.63% | +2.18% |
| YTD return | +0.12% | -15.63% |
| 1-year return | -5.26% | -24.39% |
| 5-year return | +28.12% | +45.72% |
| P/E ratio (TTM) | 8.21 | 17.90 |
| Forward P/E | 9.69 | 11.87 |
| EPS (TTM) | $3.03 | $9.57 |
| Dividend yield | 4.46% | 2.38% |
| Annual dividend | $1.11 | $4.08 |
| Revenue (latest FY) | $125.65B | $88.31B |
| Revenue growth (YoY) | +2.71% | +8.49% |
| Net income (latest FY) | $21.95B | $10.99B |
| Operating margin | 19.23% | 20.70% |
| Net margin | 17.47% | 12.45% |
| 52-week high | $29.44 | $231.02 |
| 52-week low | $19.89 | $160.81 |
| Distance from 52-week high | -15.52% | -25.85% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +15.68% | +40.82% |
| Average volume | 48.35M | 4.66M |
| Shares outstanding | 6.85B | 1.07B |
| Employees | 133,030 | 75,000 |
| Sector | Telecommunications | Telecommunications |
| Industry | Telecommunications Equipment | Telecommunications Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- T has outperformed TMUS by 19.1 percentage points over the past year.
- T-Mobile US trades at a higher earnings multiple (17.9x vs 8.2x trailing P/E).
- AT&T offers a meaningfully higher dividend yield (4.46% vs 2.38%).
- AT&T is more profitable, keeping 17.5 cents of every revenue dollar as net income versus 12.4 cents for T-Mobile US.
- T-Mobile US grew revenue faster in its latest fiscal year (+8.49% vs +2.71%).
About AT&T
T stock →AT&T Inc. provides telecommunications and technology services worldwide.
Telecommunications · Telecommunications Equipment · 133,030 employees
About T-Mobile US
TMUS stock →T-Mobile US, Inc., together with its subsidiaries, provides wireless communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to postpaid, prepaid, and wholesale and other services customers.
Telecommunications · Telecommunications Equipment · 75,000 employees
T vs TMUS FAQ
Which is bigger, AT&T or T-Mobile US?
T-Mobile US (TMUS) is larger, with a market capitalization of $183.76B compared with $170.42B for AT&T (T).
Which stock has performed better over the past year, T or TMUS?
T returned -5.26% over the past 12 months, compared with -24.39% for TMUS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, T or TMUS?
T has the lower trailing P/E at 8.2, versus 17.9 for TMUS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AT&T or T-Mobile US?
AT&T has the higher yield at 4.46%, compared with 2.38% for T-Mobile US.
Are AT&T and T-Mobile US in the same industry?
Yes. Both are classified in the Telecommunications Equipment industry within the Telecommunications sector.