T-Mobile US (TMUS) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 45.3%
EBITDA Margin: 36.0%
Op. Margin: 19.5%
Net Margin: 10.8%

Op. margin of 19.5% is down 3.5% YoY — costs are rising relative to revenue. Net margin at 10.8% and gross margin of 45.3% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit