T-Mobile US Inc

Latest Results (17.12.2024):

Customer Growth

In the third quarter of 2024, T-Mobile US Inc. achieved significant customer growth, adding 1.6 million postpaid net customers, marking the highest Q3 postpaid phone net customer additions in a decade. The company also reported a record low postpaid phone churn rate of 0.86%, demonstrating strong customer retention. T-Mobile reached a milestone of 6 million broadband customers, further solidifying its position in the industry.

Revenue Performance

T-Mobile US Inc. reported total service revenues of $16.7 billion for Q3 2024, reflecting a 5% increase year-over-year. Postpaid service revenues grew by 8% to $13.3 billion, showcasing the company's robust performance in the postpaid segment. This growth in service revenues underscores T-Mobile's ability to capitalize on its expanding customer base.

Profitability and Earnings

The company achieved a net income of $3.1 billion in Q3 2024, representing a 43% increase compared to the same period last year. Diluted earnings per share (EPS) also rose by 43% year-over-year to $2.61. These results highlight T-Mobile's strong profitability and effective cost management strategies.

Cash Flow and Investments

T-Mobile US Inc. reported an adjusted free cash flow of $5.2 billion for the third quarter of 2024, marking a 29% increase year-over-year. The company also generated a record high net cash provided by operating activities of $6.1 billion, up 16% from the previous year. These figures reflect T-Mobile's strong cash generation capabilities, supporting future investments and shareholder returns.

Shareholder Returns and Outlook

In Q3 2024, T-Mobile returned $1.4 billion to shareholders through stock repurchases and a cash dividend. The company repurchased 3.2 million shares for $644 million and declared a dividend of $0.88 per share payable on December 12, 2024. T-Mobile raised its 2024 guidance, indicating confidence in continued growth and value creation for shareholders.