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U.S. Alternative Carriers Industry Analysis

UpdatedJan 29, 2026
DataAggregated Company Financials
Companies28
  • 7D13.6%
  • 3M41.3%
  • 1Y208.3%
  • YTDn/a

In the last week, the Alternative Carriers industry is up 14%, with AST SpaceMobile up 17%. This takes the industry's 12 month performance to a gain of 208%. As for the next few years, earnings are expected to grow by 60% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 30 Jan 2026US$60.3bUS$12.3b-US$2,939,442,864.7617.6x-20.5x4.9x
Sun, 28 Dec 2025US$45.1bUS$12.3b-US$2,938,134,752.8114.3x-15.4x3.7x
Tue, 25 Nov 2025US$36.1bUS$12.3b-US$2,933,357,362.1313.6x-12.3x2.9x
Thu, 23 Oct 2025US$45.2bUS$12.1b-US$4,805,511,674.9018.4x-9.4x3.7x
Sat, 20 Sep 2025US$30.2bUS$12.1b-US$4,806,515,561.6917x-6.3x2.5x
Mon, 18 Aug 2025US$31.4bUS$12.1b-US$4,806,455,852.3523.5x-6.5x2.6x
Wed, 16 Jul 2025US$30.6bUS$11.9b-US$1,332,670,960.0753x-23x2.6x
Fri, 13 Jun 2025US$24.8bUS$11.9b-US$1,351,867,095.5948.5x-18.3x2.1x
Sun, 11 May 2025US$20.0bUS$11.6b-US$1,318,852,985.8348.9x-15.1x1.7x
Tue, 08 Apr 2025US$21.0bUS$12.5bUS$564.7m22.5x37.2x1.7x
Thu, 06 Mar 2025US$25.3bUS$12.1bUS$627.7m29.5x40.2x2.1x
Sat, 01 Feb 2025US$21.6bUS$15.4b-US$4,987,484,767.2390.7x-4.3x1.4x
Mon, 30 Dec 2024US$26.5bUS$15.4b-US$4,983,705,515.6875.5x-5.3x1.7x
Wed, 27 Nov 2024US$23.6bUS$15.4b-US$4,980,837,940.8082.8x-4.7x1.5x
Fri, 25 Oct 2024US$28.7bUS$15.3b-US$2,233,742,107.4173.1x-12.8x1.9x
Sun, 22 Sep 2024US$27.5bUS$15.3b-US$2,262,976,884.9274.8x-12.2x1.8x
Tue, 20 Aug 2024US$27.6bUS$15.3b-US$2,262,672,684.0078.4x-12.2x1.8x
Thu, 18 Jul 2024US$23.4bUS$15.2b-US$1,804,731,038.64119.1x-13x1.5x
Sat, 15 Jun 2024US$20.1bUS$15.2b-US$1,779,777,664.46109.4x-11.3x1.3x
Mon, 13 May 2024US$18.9bUS$15.2b-US$1,774,116,849.7870.6x-10.6x1.2x
Wed, 10 Apr 2024US$18.8bUS$15.6b-US$3,034,492,242.9380.3x-6.2x1.2x
Fri, 08 Mar 2024US$19.4bUS$15.6b-US$3,012,478,876.92225.7x-6.4x1.2x
Sun, 04 Feb 2024US$24.9bUS$32.0b-US$15,453,227,435.0013.1x-1.6x0.8x
Tue, 02 Jan 2024US$27.1bUS$32.0b-US$15,448,938,976.0015x-1.8x0.8x
Thu, 30 Nov 2023US$23.1bUS$32.0b-US$15,449,003,393.0010x-1.5x0.7x
Sat, 28 Oct 2023US$22.6bUS$32.8b-US$13,168,099,334.007.6x-1.7x0.7x
Mon, 25 Sep 2023US$26.7bUS$32.8b-US$13,163,125,206.009.1x-2x0.8x
Wed, 23 Aug 2023US$26.3bUS$32.8b-US$13,163,128,820.0010.4x-2x0.8x
Fri, 21 Jul 2023US$26.5bUS$33.1b-US$3,285,884,349.0042.4x-8.1x0.8x
Sun, 18 Jun 2023US$26.0bUS$33.1b-US$3,284,498,225.0021.9x-7.9x0.8x
Tue, 16 May 2023US$26.1bUS$33.1b-US$3,312,387,691.0018.8x-7.9x0.8x
Thu, 13 Apr 2023US$27.0bUS$34.0b-US$1,332,789,197.0017.8x-20.2x0.8x
Sat, 11 Mar 2023US$27.1bUS$34.0b-US$1,340,474,701.0018.7x-20.2x0.8x
Mon, 06 Feb 2023US$32.5bUS$35.1bUS$6.6b30.4x4.9x0.9x
Price to Earnings Ratio

4.9x


Total Market Cap: US$32.5bTotal Earnings: US$6.6bTotal Revenue: US$35.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Alternative Carriers Industry Price to Earnings3Y Average -6.3x202420252026
Current Industry PE
  • Investors are optimistic on the American Alternative Carriers industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • Total earnings for the Alternative Carriers industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 29% per year, which is driving profits down.

Industry Comparison

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

US Market0.90%
Telecom2.95%
Telecom Services and Carriers2.02%
Alternative Carriers13.56%
Integrated Telecom Services0.61%
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$122.094.9%
+US$1.6b
570.5%PS1850.3x
LBTY.A Liberty GlobalUS$11.125.7%
+US$202.1m
-3.7%PS0.8x
ATEX AnterixUS$26.609.6%
+US$43.8m
-8.3%PE5.2x
TSAT TelesatUS$30.156.1%
+US$25.8m
56.9%PS1.3x
LUMN Lumen TechnologiesUS$8.930.1%
+US$10.3m
78.6%PS0.7x

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