TMUS EV/EBITDA: current value, 10-year range and year-by-year history
Cash & Leverage
TMUS's ev/ebitda is right around its 10-year median of 11.1.
EV/EBITDA History
TMUS EV/EBITDA by year
Yearly range of TMUS’s ev/ebitda from 2016 to 2026. Over the full period it ranged from 5.7 to 16.6, averaging 10.4.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 10.1 | 11.2 | 12.4 | 10.9 |
| 2025 | 10.6 | 12.0 | 13.8 | 10.8 |
| 2024 | 10.7 | 11.5 | 13.2 | 11.9 |
| 2023 | 10.2 | 12.4 | 14.7 | 11.3 |
| 2022 | 9.9 | 13.2 | 15.7 | 14.9 |
| 2021 | 9.9 | 11.4 | 13.0 | 10.7 |
| 2020 | 8.5 | 13.0 | 16.6 | 13.0 |
| 2019 | 6.0 | 7.4 | 8.8 | 8.8 |
| 2018 | 5.8 | 6.6 | 8.0 | 5.9 |
| 2017 | 5.9 | 6.8 | 7.4 | 6.6 |
| 2016 | 5.7 | 6.3 | 6.8 | 6.7 |
Get notified when TMUS EV/EBITDA crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.
(Market Cap + Net Debt) / EBITDAUnlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.
- EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
- Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.
Is TMUS EV/EBITDA High or Low Right Now?
T-Mobile US, Inc.'s EV/EBITDA is currently 10.9, which is around average relative to its 10-year historical range. The 10-year median EV/EBITDA for TMUS is approximately 11.1. See all TMUS valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.