Buyback yield (TTM)
6.65%
Shareholder yield (TTM)
9.05%
5Y share count change
-2.1%
Buyback spend (TTM)
$12.1B
Cumulative buybacks
$58.8B
Key takeaways
- T-Mobile US (TMUS) repurchased about $12.1B of stock over the trailing twelve months.
- Diluted share count is down 2.1% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 13.94× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at -12.6% per year over the latest 5-year window.
- TTM repurchases used about 105% of free cash flow remaining after dividends.
Dividend & buyback yield over time for T-Mobile US (TMUS)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for T-Mobile US (TMUS)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for T-Mobile US (TMUS)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for T-Mobile US (TMUS)
Latest: $9.97B
Overview
T-Mobile US (TMUS) most recent annual buyback spend stands at $9.97B (2025) – declined 11.2% year-over-year.
T-Mobile US buyback spend has contracted on net over the period, with a -12.6% compound annual growth rate over 2020–2025 (5 years).
T-Mobile US buyback spend plunged from $19.5B in 2020 to $9.97B in 2025, a 48.9% drawdown.
The highest annual buyback spend of $19.5B was reported in 2020. The lowest in the available history was $0.00 in 2000.
T-Mobile US Buyback Spend 2025: $9.97B
T-Mobile US buyback spend in 2025 was $9.97B, declined 11.2% below 2024.
T-Mobile US Buyback Spend 2024: $11.2B
2024's buyback spend for T-Mobile US came in at $11.2B, declined 14.1% below 2023.
T-Mobile US Buyback Spend 2023: $13.1B
T-Mobile US posted buyback spend of $13.1B in 2023, surged 335.8% from 2022.
T-Mobile US Buyback Spend 2022: $3B
In 2022, T-Mobile US reported buyback spend of $3B, surged 849.4% from 2021.
T-Mobile US Buyback Spend 2021: $316M
T-Mobile US buyback spend in 2021 was $316M.
See more financial history for T-Mobile US (TMUS).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $9.97B | $829M | $9.15B | 4.40% | 1.13B | -3.6% | |
| 2024 | $11.2B | $649M | $10.6B | 4.35% | 1.17B | -2.3% | |
| 2023 | $13.1B | $667M | $12.4B | 7.05% | 1.2B | -4.4% | |
| 2022 | $3B | $595M | $2.41B | 1.73% | 1.26B | +0.0% | |
| 2021 | $316M | $540M | -$224M | 0.22% | 1.25B | +8.7% | |
| 2020 | $19.5B | $694M | $18.8B | 11.67% | 1.15B | +33.7% | |
| 2019 | $156M | $495M | -$339M | 0.23% | 863M | +0.6% | |
| 2018 | $1.07B | $424M | $647M | 1.98% | 858M | -1.5% | |
| 2017 | $427M | $306M | $121M | 0.80% | 872M | +4.6% | |
| 2016 | $0.00 | $235M | -$235M | — | 833M | +1.3% | |
| 2015 | $0.00 | $201M | -$201M | — | 823M | +0.8% | |
| 2014 | $0.00 | $196M | -$196M | — | 816M | +20.5% | |
| 2013 | $0.00 | $100M | -$100M | — | 677M | +271.0% | |
| 2012 | $4.33M | $38M | -$33.6M | 0.12% | 182M | +0.3% | |
| 2011 | $4.92M | $41.8M | -$36.9M | 0.16% | 182M | +2.2% | |
| 2010 | $1.91M | $46.5M | -$44.6M | 0.04% | 178M | +0.1% | |
| 2009 | $0.00 | $47.8M | -$47.8M | — | 178M | +0.2% | |
| 2008 | $0.00 | $41.1M | -$41.1M | — | 178M | +19.9% | |
| 2007 | $0.00 | $0.00 | $0.00 | — | 148M | +81.3% | |
| 2006 | $0.00 | $0.00 | $0.00 | — | 81.7M | +4.1% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 75.3M | -7.8% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 78.5M | +4.3% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 81.7M | 0.0% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 81.7M | 0.0% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 81.7M | 0.0% | |
| 2000 | $0.00 | $0.00 | $0.00 | — | 81.7M | — |
- 2025$9.97B
- 2024$11.2B
- 2023$13.1B
- 2022$3B
- 2021$316M
- 2020$19.5B
- 2019$156M
- 2018$1.07B
- 2017$427M
- 2016$0.00
- 2015$0.00
- 2014$0.00
- 2013$0.00
- 2012$4.33M
- 2011$4.92M
- 2010$1.91M
- 2009$0.00
- 2008$0.00
- 2007$0.00
- 2006$0.00
- 2004$0.00
- 2005$0.00
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$0.00
Buybacks vs stock-based compensation for T-Mobile US (TMUS)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 13.94×.
Buybacks vs dividends (share of cash returned) for T-Mobile US (TMUS)
How T-Mobile US splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as T-Mobile US, ranked by their latest buyback spend.
| $45.7B | |
| $26.2B | |
| $9.13B | |
| $7.16B | |
| $6.58B | |
| $3.5B | |
| $511M | |
| $0.00 |
- $45.7B
- $26.2B
- $9.13B
- $7.16B
- $6.58B
- $3.5B
- $511M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $11.5B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks6.65% TTM
- Dividend Profile2.17% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History1 split
How this company returns cash to shareholders — buybacks, dividends, and stock splits.