Analysis of Long-term (Investment) Activity Ratios
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
T-Mobile US Inc., long-term (investment) activity ratios
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | T-Mobile US Inc. net fixed asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | T-Mobile US Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2022 to 2023 and from 2023 to 2024. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | T-Mobile US Inc. total asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | T-Mobile US Inc. equity turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Net Fixed Asset Turnover
T-Mobile US Inc., net fixed asset turnover calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenues | 81,400) | 78,558) | 79,571) | 80,118) | 68,397) | |
| Property and equipment, net, including financing lease right-of-use assets | 41,624) | 43,702) | 45,343) | 43,125) | 44,203) | |
| Long-term Activity Ratio | ||||||
| Net fixed asset turnover1 | 1.96 | 1.80 | 1.75 | 1.86 | 1.55 | |
| Benchmarks | ||||||
| Net Fixed Asset Turnover, Competitors2 | ||||||
| AT&T Inc. | 0.95 | 0.95 | 0.95 | 1.34 | 1.35 | |
| Verizon Communications Inc. | 1.24 | 1.24 | 1.27 | 1.34 | 1.35 | |
| Net Fixed Asset Turnover, Sector | ||||||
| Telecommunication Services | — | 1.19 | 1.20 | 1.42 | 1.38 | |
| Net Fixed Asset Turnover, Industry | ||||||
| Communication Services | — | 1.68 | 1.73 | 1.90 | 1.72 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Net fixed asset turnover = Revenues ÷ Property and equipment, net, including financing lease right-of-use assets
= 81,400 ÷ 41,624 = 1.96
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | T-Mobile US Inc. net fixed asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
T-Mobile US Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenues | 81,400) | 78,558) | 79,571) | 80,118) | 68,397) | |
| Property and equipment, net, including financing lease right-of-use assets | 41,624) | 43,702) | 45,343) | 43,125) | 44,203) | |
| Operating lease right-of-use assets | 25,398) | 27,135) | 28,715) | 26,959) | 28,021) | |
| Property and equipment, net, including financing lease right-of-use assets (including operating lease, right-of-use asset) | 67,022) | 70,837) | 74,058) | 70,084) | 72,224) | |
| Long-term Activity Ratio | ||||||
| Net fixed asset turnover (including operating lease, right-of-use asset)1 | 1.21 | 1.11 | 1.07 | 1.14 | 0.95 | |
| Benchmarks | ||||||
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | ||||||
| AT&T Inc. | 0.82 | 0.82 | 0.81 | 1.13 | 1.13 | |
| Verizon Communications Inc. | 1.01 | 1.01 | 1.02 | 1.05 | 1.09 | |
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector | ||||||
| Telecommunication Services | — | 0.95 | 0.94 | 1.10 | 1.08 | |
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry | ||||||
| Communication Services | — | 1.42 | 1.43 | 1.54 | 1.41 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Revenues ÷ Property and equipment, net, including financing lease right-of-use assets (including operating lease, right-of-use asset)
= 81,400 ÷ 67,022 = 1.21
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | T-Mobile US Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2022 to 2023 and from 2023 to 2024. |
Total Asset Turnover
T-Mobile US Inc., total asset turnover calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenues | 81,400) | 78,558) | 79,571) | 80,118) | 68,397) | |
| Total assets | 208,035) | 207,682) | 211,338) | 206,563) | 200,162) | |
| Long-term Activity Ratio | ||||||
| Total asset turnover1 | 0.39 | 0.38 | 0.38 | 0.39 | 0.34 | |
| Benchmarks | ||||||
| Total Asset Turnover, Competitors2 | ||||||
| AT&T Inc. | 0.31 | 0.30 | 0.30 | 0.31 | 0.33 | |
| Verizon Communications Inc. | 0.35 | 0.35 | 0.36 | 0.36 | 0.41 | |
| Total Asset Turnover, Sector | ||||||
| Telecommunication Services | — | 0.34 | 0.34 | 0.34 | 0.35 | |
| Total Asset Turnover, Industry | ||||||
| Communication Services | — | 0.48 | 0.47 | 0.45 | 0.41 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Total asset turnover = Revenues ÷ Total assets
= 81,400 ÷ 208,035 = 0.39
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | T-Mobile US Inc. total asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Equity Turnover
T-Mobile US Inc., equity turnover calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenues | 81,400) | 78,558) | 79,571) | 80,118) | 68,397) | |
| Stockholders’ equity | 61,741) | 64,715) | 69,656) | 69,102) | 65,344) | |
| Long-term Activity Ratio | ||||||
| Equity turnover1 | 1.32 | 1.21 | 1.14 | 1.16 | 1.05 | |
| Benchmarks | ||||||
| Equity Turnover, Competitors2 | ||||||
| AT&T Inc. | 1.17 | 1.19 | 1.24 | 1.02 | 1.06 | |
| Verizon Communications Inc. | 1.36 | 1.45 | 1.50 | 1.63 | 1.89 | |
| Equity Turnover, Sector | ||||||
| Telecommunication Services | — | 1.29 | 1.31 | 1.21 | 1.25 | |
| Equity Turnover, Industry | ||||||
| Communication Services | — | 1.14 | 1.16 | 1.09 | 1.00 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Equity turnover = Revenues ÷ Stockholders’ equity
= 81,400 ÷ 61,741 = 1.32
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | T-Mobile US Inc. equity turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |