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U.S. Alternative Carriers Industry Analysis

UpdatedApr 13, 2025
DataAggregated Company Financials
Companies28
  • 7D4.0%
  • 3M-8.3%
  • 1Y20.3%
  • YTDn/a

In the last week, the Alternative Carriers industry is up 4.0%, with AST SpaceMobile up 16%. In the same time, Cogent Communications Holdings was down 9.1%. This means that the industry has gained 20% over the past year. Looking forward, earnings are forecast to grow by 43% annually.

Industry Valuation and Performance

Has the U.S. Alternative Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 14 Apr 2025US$22.2bUS$12.5bUS$562.9m23.4x39.5x1.8x
Wed, 12 Mar 2025US$25.3bUS$12.1bUS$627.6m28.3x40.4x2.1x
Fri, 07 Feb 2025US$23.9bUS$15.4b-US$4,987,461,962.4495.8x-4.8x1.6x
Sun, 05 Jan 2025US$27.3bUS$15.4b-US$4,983,712,304.4974.2x-5.5x1.8x
Tue, 03 Dec 2024US$25.9bUS$15.4b-US$4,980,845,443.4482.3x-5.2x1.7x
Thu, 31 Oct 2024US$28.8bUS$15.4b-US$4,327,042,673.1673.9x-6.7x1.9x
Sat, 28 Sep 2024US$27.6bUS$15.3b-US$2,262,972,930.4779.2x-12.2x1.8x
Mon, 26 Aug 2024US$24.6bUS$15.3b-US$2,262,672,647.3475.5x-10.9x1.6x
Wed, 24 Jul 2024US$22.7bUS$15.2b-US$1,806,762,798.26109.4x-12.6x1.5x
Fri, 21 Jun 2024US$19.9bUS$15.2b-US$1,779,778,226.95109.4x-11.2x1.3x
Sun, 19 May 2024US$20.0bUS$15.2b-US$1,779,775,935.92109.6x-11.3x1.3x
Tue, 16 Apr 2024US$18.4bUS$15.6b-US$3,035,250,352.6280.3x-6.1x1.2x
Thu, 14 Mar 2024US$19.9bUS$15.6b-US$3,012,312,711.6480.6x-6.6x1.3x
Sat, 10 Feb 2024US$22.6bUS$15.4b-US$4,174,016,626.0146.6x-5.4x1.5x
Mon, 08 Jan 2024US$26.2bUS$32.0b-US$15,448,932,866.0013.2x-1.7x0.8x
Wed, 06 Dec 2023US$24.2bUS$32.0b-US$15,449,001,121.0010.4x-1.6x0.8x
Fri, 03 Nov 2023US$22.2bUS$32.2b-US$15,309,442,780.008.5x-1.5x0.7x
Sun, 01 Oct 2023US$25.6bUS$32.8b-US$13,163,135,010.008.9x-1.9x0.8x
Tue, 29 Aug 2023US$26.3bUS$32.8b-US$13,163,093,919.0010.9x-2x0.8x
Thu, 27 Jul 2023US$23.9bUS$33.2b-US$5,758,473,308.0013.9x-4.2x0.7x
Sat, 24 Jun 2023US$25.3bUS$33.1b-US$3,283,733,964.0026.7x-7.7x0.8x
Mon, 22 May 2023US$25.5bUS$33.1b-US$3,311,043,263.0019.8x-7.7x0.8x
Wed, 19 Apr 2023US$26.3bUS$34.0b-US$1,332,803,478.0017.9x-19.7x0.8x
Fri, 17 Mar 2023US$27.1bUS$34.0b-US$1,330,737,546.0020.2x-20.4x0.8x
Sun, 12 Feb 2023US$30.1bUS$34.1bUS$3.0b28.6x10x0.9x
Tue, 10 Jan 2023US$31.1bUS$35.1bUS$6.6b24.5x4.7x0.9x
Thu, 08 Dec 2022US$29.6bUS$35.1bUS$6.6b21.4x4.5x0.8x
Sat, 05 Nov 2022US$30.9bUS$35.0bUS$6.6b24.8x4.7x0.9x
Mon, 03 Oct 2022US$29.8bUS$35.6bUS$4.6b12.5x6.4x0.8x
Wed, 31 Aug 2022US$37.5bUS$35.6bUS$4.6b15x8.1x1.1x
Fri, 29 Jul 2022US$37.1bUS$37.1bUS$14.5b12.3x2.6x1x
Sun, 26 Jun 2022US$37.9bUS$37.0bUS$14.5b12.4x2.6x1x
Tue, 24 May 2022US$38.1bUS$36.5bUS$14.6b21x2.6x1x
Thu, 21 Apr 2022US$41.6bUS$38.4bUS$14.8b28.2x2.8x1.1x
Price to Earnings Ratio

2.8x


Total Market Cap: US$41.6bTotal Earnings: US$14.8bTotal Revenue: US$38.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Alternative Carriers Industry Price to Earnings3Y Average -2.3x202320242025
Current Industry PE
  • Investors are optimistic on the American Alternative Carriers industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 39.5x which is higher than its 3-year average PE of -2.4x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Alternative Carriers industry have declined 66% per year over the last three years,
  • Revenues have also declined 31% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.S. Alternative Carriers compare with similar industries?

US Market5.42%
Telecom6.07%
Telecom Services and Carriers1.25%
Alternative Carriers4.03%
Integrated Telecom Services1.09%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ASTS AST SpaceMobileUS$23.2816.0%
+US$757.4m
993.0%PS1243.3x
LUMN Lumen TechnologiesUS$3.465.8%
+US$192.6m
150.7%PS0.3x
GSAT GlobalstarUS$19.564.9%
+US$116.3m
-2.0%PS9.9x
LBTY.A Liberty GlobalUS$10.512.0%
+US$73.2m
-36.9%PE2x
TSAT TelesatUS$17.374.5%
+US$10.6m
118.5%PS0.6x
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