T-Mobile US (TMUS) vs Verizon Communications (VZ)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Verizon Communications (VZ) has outperformed T-Mobile US (TMUS) over the past year, gaining 12.2% versus a loss of 24.4%. Over five years, TMUS leads with a +45.7% price change compared with -11.3% for VZ. Verizon Communications is the larger company by market cap ($173.05 billion vs $159.38 billion), about 1.1 times the size, while T-Mobile US is growing revenue faster (+8.5% vs +2.5%).
On valuation, Verizon Communications trades at a lower forward P/E (7.9x vs 10.3x for T-Mobile US). Verizon Communications offers the higher dividend yield (6.71% vs 2.75%). T-Mobile US converts more of its revenue into profit, with a net margin of 12.4% 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 | TMUS | VZ |
|---|---|---|
| Share price | $148.58 | $41.65 |
| Market cap | $159.38B | $173.05B |
| 1-day change | -13.27% | -8.75% |
| YTD return | -15.63% | +13.80% |
| 1-year return | -24.39% | +12.17% |
| 5-year return | +45.72% | -11.33% |
| P/E ratio (TTM) | 15.53 | 10.85 |
| Forward P/E | 10.29 | 7.88 |
| EPS (TTM) | $9.57 | $3.84 |
| Dividend yield | 2.75% | 6.71% |
| Annual dividend | $4.08 | $2.80 |
| Revenue (latest FY) | $88.31B | $138.19B |
| Revenue growth (YoY) | +8.49% | +2.52% |
| Net income (latest FY) | $10.99B | $17.17B |
| Operating margin | 20.70% | 21.17% |
| Net margin | 12.45% | 12.43% |
| 52-week high | $231.02 | $51.68 |
| 52-week low | $147.90 | $38.39 |
| Distance from 52-week high | -35.69% | -19.41% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +62.36% | +22.74% |
| Average volume | 4.66M | 21.82M |
| Shares outstanding | 1.07B | 4.15B |
| Employees | 75,000 | 97,600 |
| 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
- VZ has outperformed TMUS by 36.6 percentage points over the past year.
- T-Mobile US trades at a higher earnings multiple (15.5x vs 10.8x trailing P/E).
- Verizon Communications offers a meaningfully higher dividend yield (6.71% vs 2.75%).
- T-Mobile US grew revenue faster in its latest fiscal year (+8.49% vs +2.52%).
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
About Verizon Communications
VZ stock →Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).
Telecommunications · Telecommunications Equipment · 97,600 employees
TMUS vs VZ FAQ
Which is bigger, T-Mobile US or Verizon Communications?
Verizon Communications (VZ) is larger, with a market capitalization of $173.05B compared with $159.38B for T-Mobile US (TMUS).
Which stock has performed better over the past year, TMUS or VZ?
VZ returned +12.17% 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, TMUS or VZ?
VZ has the lower trailing P/E at 10.8, versus 15.5 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, T-Mobile US or Verizon Communications?
Verizon Communications has the higher yield at 6.71%, compared with 2.75% for T-Mobile US.
Are T-Mobile US and Verizon Communications in the same industry?
Yes. Both are classified in the Telecommunications Equipment industry within the Telecommunications sector.