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U.S. Alternative Carriers Industry Analysis

UpdatedSep 15, 2025
DataAggregated Company Financials
Companies27
  • 7D-6.9%
  • 3M3.7%
  • 1Y3.9%
  • YTDn/a

Over the last 7 days, the Alternative Carriers industry has dropped 6.9%, driven by Globalstar declining 21%. Meanwhile, Lumen Technologies actually outperformed within the industry, gaining 18% in the last week. Over the past 12 months, the industry was up 3.9%. As for the next few years, earnings are expected to grow by 69% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Sep 2025US$28.2bUS$12.1b-US$4,806,174,079.2116.7x-5.9x2.3x
Wed, 13 Aug 2025US$31.7bUS$12.1b-US$4,850,599,487.4549.8x-6.5x2.6x
Fri, 11 Jul 2025US$28.6bUS$11.9b-US$1,332,971,051.9049.8x-21.5x2.4x
Sun, 08 Jun 2025US$22.5bUS$11.9b-US$1,351,416,187.7647.9x-16.6x1.9x
Tue, 06 May 2025US$23.4bUS$12.6b-US$1,388,630,037.9181.3x-16.8x1.8x
Thu, 03 Apr 2025US$23.0bUS$12.5bUS$565.0m26.1x40.8x1.8x
Sat, 01 Mar 2025US$24.1bUS$12.2bUS$642.2m30.5x37.6x2x
Mon, 27 Jan 2025US$21.9bUS$15.4b-US$4,987,495,773.6291.2x-4.4x1.4x
Wed, 25 Dec 2024US$24.6bUS$15.4b-US$4,980,854,099.5574.3x-4.9x1.6x
Fri, 22 Nov 2024US$24.7bUS$15.4b-US$4,980,840,976.1181.8x-5x1.6x
Sun, 20 Oct 2024US$30.1bUS$15.3b-US$2,236,878,712.7687.9x-13.5x2x
Tue, 17 Sep 2024US$27.9bUS$15.3b-US$2,262,970,800.2773.2x-12.3x1.8x
Thu, 15 Aug 2024US$24.8bUS$15.3b-US$2,225,191,168.2774.8x-11.2x1.6x
Sat, 13 Jul 2024US$22.3bUS$15.2b-US$1,804,730,378.24117x-12.4x1.5x
Mon, 10 Jun 2024US$19.3bUS$15.2b-US$1,779,777,726.85109.4x-10.9x1.3x
Wed, 08 May 2024US$19.4bUS$15.1b-US$1,758,016,208.4070.6x-11.1x1.3x
Fri, 05 Apr 2024US$18.8bUS$15.6b-US$3,034,493,492.3780.3x-6.2x1.2x
Sun, 03 Mar 2024US$20.7bUS$15.7b-US$3,012,479,623.73236x-6.9x1.3x
Tue, 30 Jan 2024US$25.6bUS$32.0b-US$15,453,228,481.0013.4x-1.7x0.8x
Thu, 28 Dec 2023US$26.9bUS$32.0b-US$15,448,941,382.0013.6x-1.7x0.8x
Sat, 25 Nov 2023US$23.3bUS$32.0b-US$15,449,003,249.0010x-1.5x0.7x
Mon, 23 Oct 2023US$23.5bUS$32.8b-US$13,168,090,050.007.8x-1.8x0.7x
Wed, 20 Sep 2023US$27.7bUS$32.8b-US$13,163,145,702.009.7x-2.1x0.8x
Fri, 18 Aug 2023US$27.3bUS$32.8b-US$13,163,195,116.0010.6x-2.1x0.8x
Sun, 16 Jul 2023US$26.0bUS$33.1b-US$3,283,741,510.0037x-7.9x0.8x
Tue, 13 Jun 2023US$25.8bUS$33.1b-US$3,311,103,221.0021.1x-7.8x0.8x
Thu, 11 May 2023US$26.0bUS$33.1b-US$3,312,358,574.0019.2x-7.9x0.8x
Sat, 08 Apr 2023US$27.1bUS$34.0b-US$1,332,770,988.0018.6x-20.3x0.8x
Mon, 06 Mar 2023US$29.4bUS$34.0b-US$1,340,435,281.0020.8x-22x0.9x
Wed, 01 Feb 2023US$32.5bUS$35.2bUS$6.6b29.6x4.9x0.9x
Fri, 30 Dec 2022US$28.9bUS$35.1bUS$6.6b18.9x4.4x0.8x
Sun, 27 Nov 2022US$32.0bUS$35.1bUS$6.6b23.1x4.9x0.9x
Tue, 25 Oct 2022US$30.5bUS$35.7bUS$4.6b24.4x6.6x0.9x
Thu, 22 Sep 2022US$32.3bUS$35.6bUS$4.6b13.1x7x0.9x
Price to Earnings Ratio

7x


Total Market Cap: US$32.3bTotal Earnings: US$4.6bTotal Revenue: US$35.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Alternative Carriers Industry Price to Earnings3Y Average -4x202320242025
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 1.3x is lower than the industry's current PS ratio of 2.3x.
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 30% per year, which is driving profits down.

Industry Comparison

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

US Market1.57%
Telecom1.04%
Telecom Services and Carriers1.25%
Alternative Carriers-6.88%
Integrated Telecom Services1.85%
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
LUMN Lumen TechnologiesUS$6.0518.2%
+US$954.3m
-3.2%PS0.5x
LBTY.A Liberty GlobalUS$11.901.6%
+US$64.7m
-41.7%PS0.9x
BAND BandwidthUS$16.414.5%
+US$21.4m
-6.7%PS0.7x
SIFY Sify TechnologiesUS$11.671.6%
+US$13.0m
357.5%PS1.8x
TSAT TelesatUS$22.341.7%
+US$5.4m
112.1%PS0.9x

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