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U.S. Alternative Carriers Industry Analysis

UpdatedFeb 14, 2026
DataAggregated Company Financials
Companies28
  • 7D-12.2%
  • 3M21.0%
  • 1Y87.5%
  • YTDn/a

Over the last 7 days, the Alternative Carriers industry has dropped 12%, driven by a pullback from AST SpaceMobile of 19%. In the past year, the industry has gained 87%. Looking forward, earnings are forecast to grow by 63% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Feb 2026US$49.7bUS$12.3b-US$2,964,999,251.5421.3x-16.8x4x
Mon, 12 Jan 2026US$54.6bUS$12.3b-US$2,936,060,378.2116.1x-18.6x4.4x
Wed, 10 Dec 2025US$46.8bUS$12.3b-US$2,935,297,049.6114.8x-15.9x3.8x
Fri, 07 Nov 2025US$42.8bUS$12.2b-US$3,040,398,977.8214.1x-14.1x3.5x
Sun, 05 Oct 2025US$41.0bUS$12.1b-US$4,805,533,941.8617.6x-8.5x3.4x
Tue, 02 Sep 2025US$32.5bUS$12.1b-US$4,806,798,097.7123.3x-6.8x2.7x
Thu, 31 Jul 2025US$30.8bUS$12.0b-US$1,355,154,505.3750.9x-22.7x2.6x
Sat, 28 Jun 2025US$30.6bUS$11.9b-US$1,332,804,769.5948.9x-22.9x2.6x
Mon, 26 May 2025US$19.5bUS$11.7b-US$1,344,380,596.9749x-14.5x1.7x
Wed, 23 Apr 2025US$21.0bUS$12.6bUS$566.3m19x37x1.7x
Fri, 21 Mar 2025US$25.4bUS$12.5bUS$661.9m17.7x38.4x2x
Sun, 16 Feb 2025US$26.6bUS$15.4b-US$4,980,866,880.6298.7x-5.3x1.7x
Tue, 14 Jan 2025US$23.6bUS$15.4b-US$4,983,729,349.8470.8x-4.7x1.5x
Thu, 12 Dec 2024US$26.1bUS$15.4b-US$4,980,847,589.7777.1x-5.2x1.7x
Sat, 09 Nov 2024US$31.4bUS$15.4b-US$4,807,261,950.9680.7x-6.5x2x
Mon, 07 Oct 2024US$27.9bUS$15.3b-US$2,262,967,483.8378.7x-12.3x1.8x
Wed, 04 Sep 2024US$27.1bUS$15.3b-US$2,262,968,772.5171.5x-12x1.8x
Fri, 02 Aug 2024US$25.5bUS$15.2b-US$975,985,390.5738.6x-26.2x1.7x
Sun, 30 Jun 2024US$21.0bUS$15.2b-US$1,804,729,695.25118.6x-11.6x1.4x
Tue, 28 May 2024US$19.2bUS$15.2b-US$1,779,774,700.45109.6x-10.8x1.3x
Thu, 25 Apr 2024US$18.9bUS$15.6b-US$3,025,322,228.5380.3x-6.3x1.2x
Sat, 23 Mar 2024US$18.8bUS$15.6b-US$3,012,322,602.2780.3x-6.2x1.2x
Mon, 19 Feb 2024US$21.3bUS$15.5b-US$2,919,834,754.6745.2x-7.3x1.4x
Wed, 17 Jan 2024US$26.3bUS$32.0b-US$15,448,931,587.0015.8x-1.7x0.8x
Fri, 15 Dec 2023US$24.5bUS$32.0b-US$15,448,787,939.0012.4x-1.6x0.8x
Sun, 12 Nov 2023US$22.5bUS$32.1b-US$15,460,059,264.009x-1.5x0.7x
Tue, 10 Oct 2023US$24.9bUS$32.8b-US$13,163,142,281.008.6x-1.9x0.8x
Thu, 07 Sep 2023US$27.4bUS$32.8b-US$13,163,139,620.0011.7x-2.1x0.8x
Sat, 05 Aug 2023US$24.1bUS$32.3b-US$14,800,967,185.0014.2x-1.6x0.7x
Mon, 03 Jul 2023US$25.9bUS$33.1b-US$3,283,747,988.0027.3x-7.9x0.8x
Wed, 31 May 2023US$25.0bUS$33.1b-US$3,311,138,022.0021.4x-7.5x0.8x
Fri, 28 Apr 2023US$26.8bUS$34.1b-US$1,328,199,028.0016x-20.2x0.8x
Sun, 26 Mar 2023US$26.5bUS$34.0b-US$1,330,658,226.0018.7x-19.9x0.8x
Tue, 21 Feb 2023US$31.0bUS$34.1bUS$3.0b28.9x10.3x0.9x
Price to Earnings Ratio

10.3x


Total Market Cap: US$31.0bTotal Earnings: US$3.0bTotal Revenue: US$34.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Alternative Carriers Industry Price to Earnings3Y Average -6.7x202420252026
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 4.0x.
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 Market-1.39%
Telecom-3.26%
Telecom Services and Carriers2.89%
Alternative Carriers-12.22%
Integrated Telecom Services4.58%
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$8.394.1%
+US$338.5m
82.4%PS0.7x
IRDM Iridium CommunicationsUS$23.1715.9%
+US$336.9m
-26.7%PE21.3x
GSAT GlobalstarUS$60.064.2%
+US$305.7m
165.0%PS29.1x
CCOI Cogent Communications HoldingsUS$26.468.9%
+US$103.0m
-67.7%PS1.4x
ATEX AnterixUS$31.8912.3%
+US$66.0m
-23.5%PE7.3x

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