TMUS vs VOD: T-Mobile US and Vodafone Group PLC ADR compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- T-Mobile US is the larger company, worth $161.3B, about 4.2 times Vodafone Group PLC ADR.
- T-Mobile US grew revenue faster over the last year (+7.8% vs +2.0%).
- T-Mobile US keeps more of each dollar of revenue as operating profit (19.8% vs -1.1%).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | TMUS | VOD |
|---|---|---|
| Market cap | $161.3B | $38.7B |
| Share price | $148.58 | $16.79 |
| Revenue (last fiscal year) | $88.3B | $37.4B |
| Free cash flow (last fiscal year) | $18.0B | $8.7B |
| Revenue growth, last year | +7.8% | +2.0% |
| Revenue growth per year, last 5 fiscal years | +2.5% | -3.8% |
| Operating margin | 19.8% | -1.1% |
| Net margin | 11.4% | -11.1% |
| Return on equity | 18.8% | -7.9% |
| P/E (trailing) | 15.8x | — |
| Price / free cash flow | 8.96x | 4.70x |
| EV / EBITDA | 10.2x | 5.50x |
| FCF growth the price implies | -5.7% | — |
| Dividend yield | 2.7% | 3.0% |
| Debt / equity | 2.80x | 1.41x |
| Fundamental grade | C | D |
| Superinvestors holding it | 6 | 0 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
T-Mobile US
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $80.1B | $1.6B | 8.6% |
| 2022 | $79.6B | $2.8B | 8.2% |
| 2023 | $78.6B | $8.8B | 18.2% |
| 2024 | $81.4B | $13.5B | 22.1% |
| 2025 | $88.3B | $18.0B | 20.7% |
Vodafone Group PLC ADR
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $43.8B | $8.6B | 11.7% |
| 2022 | $37.0B | $11.2B | 15.5% |
| 2023 | $37.7B | $10.3B | 38.4% |
| 2024 | $36.7B | $9.7B | 10.0% |
| 2025 | $37.4B | $8.7B | -1.1% |
Where the revenue comes from
T-Mobile US · by products, 2025
Postpaid revenues$57.9B66%
Equipment revenues$16.0B18%
Prepaid revenues$10.5B12%
Wholesale and other service revenues$2.9B3%
Other revenues$1.0B1%
Vodafone Group PLC ADR · by segments, 2026
Germany$12.1B31%
UK$9.2B24%
Africa$8.4B22%
Other Europe$5.7B15%
Turkey$3.4B9%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open TMUS in InvestinglyQuestions
Which is bigger, T-Mobile US or Vodafone Group PLC ADR?
T-Mobile US (TMUS), at $161.3B against $38.7B.
Which grows faster, TMUS or VOD?
T-Mobile US: revenue grew +7.8% over the last year, against +2.0%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.