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U.S. Alternative Carriers Industry Analysis

UpdatedNov 09, 2025
DataAggregated Company Financials
Companies31
  • 7D-11.2%
  • 3M35.6%
  • 1Y63.8%
  • YTDn/a

Over the last 7 days, the Alternative Carriers industry has dropped 11%, driven by AST SpaceMobile declining 14%. Over the past 12 months, the industry was up 64%. As for the next few years, earnings are expected to grow by 62% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 09 Nov 2025US$41.8bUS$12.2b-US$3,049,928,142.7914x-13.7x3.4x
Tue, 07 Oct 2025US$41.0bUS$12.1b-US$4,805,557,108.7318.8x-8.5x3.4x
Thu, 04 Sep 2025US$32.4bUS$12.1b-US$4,806,455,629.8223.1x-6.7x2.7x
Sat, 02 Aug 2025US$31.0bUS$12.0b-US$1,355,413,412.1250.6x-22.8x2.6x
Mon, 30 Jun 2025US$24.9bUS$11.9b-US$1,332,804,769.5948.9x-18.7x2.1x
Wed, 28 May 2025US$19.5bUS$11.6b-US$1,343,905,820.3049.4x-14.5x1.7x
Fri, 25 Apr 2025US$21.5bUS$12.6bUS$566.5m20.2x38x1.7x
Sun, 23 Mar 2025US$25.1bUS$12.6bUS$661.8m17.6x38x2x
Tue, 18 Feb 2025US$26.6bUS$15.4b-US$4,980,866,880.6298.7x-5.3x1.7x
Thu, 16 Jan 2025US$22.6bUS$15.4b-US$4,983,724,686.3575.1x-4.5x1.5x
Sat, 14 Dec 2024US$25.2bUS$15.4b-US$4,980,847,900.3176.8x-5.1x1.6x
Mon, 11 Nov 2024US$31.7bUS$15.4b-US$4,807,290,950.9680.8x-6.6x2.1x
Wed, 09 Oct 2024US$27.4bUS$15.3b-US$2,262,968,532.1082.2x-12.1x1.8x
Fri, 06 Sep 2024US$28.7bUS$15.3b-US$2,262,968,384.4674.8x-12.7x1.9x
Sun, 04 Aug 2024US$24.0bUS$15.3b-US$968,039,108.5337.8x-24.8x1.6x
Tue, 02 Jul 2024US$21.0bUS$15.2b-US$1,804,729,965.27118.5x-11.6x1.4x
Thu, 30 May 2024US$19.4bUS$15.2b-US$1,779,776,408.09109.6x-10.9x1.3x
Sat, 27 Apr 2024US$19.2bUS$15.6b-US$3,025,322,691.0580.3x-6.4x1.2x
Mon, 25 Mar 2024US$18.8bUS$15.6b-US$3,012,322,602.2780.3x-6.2x1.2x
Wed, 21 Feb 2024US$21.4bUS$15.5b-US$2,919,833,848.3446.6x-7.3x1.4x
Fri, 19 Jan 2024US$25.9bUS$32.0b-US$15,452,206,109.0015.6x-1.7x0.8x
Sun, 17 Dec 2023US$25.1bUS$32.0b-US$15,448,772,645.0012.4x-1.6x0.8x
Tue, 14 Nov 2023US$21.9bUS$32.0b-US$15,460,054,067.008.9x-1.4x0.7x
Thu, 12 Oct 2023US$24.8bUS$32.8b-US$13,163,135,601.008.3x-1.9x0.8x
Sat, 09 Sep 2023US$26.6bUS$32.8b-US$13,163,119,669.0010.7x-2x0.8x
Mon, 07 Aug 2023US$24.1bUS$32.3b-US$14,800,967,185.0014.2x-1.6x0.7x
Wed, 05 Jul 2023US$26.1bUS$33.1b-US$3,283,739,128.0030.4x-7.9x0.8x
Fri, 02 Jun 2023US$24.7bUS$33.1b-US$3,311,096,718.0021.9x-7.5x0.7x
Sun, 30 Apr 2023US$27.0bUS$34.1b-US$1,328,200,451.0015.8x-20.3x0.8x
Tue, 28 Mar 2023US$26.8bUS$34.0b-US$1,330,636,728.0019.2x-20.1x0.8x
Thu, 23 Feb 2023US$30.0bUS$34.1bUS$3.0b28.4x9.9x0.9x
Sat, 21 Jan 2023US$32.0bUS$35.1bUS$6.6b29.4x4.9x0.9x
Mon, 19 Dec 2022US$28.6bUS$35.1bUS$6.6b19x4.3x0.8x
Wed, 16 Nov 2022US$32.6bUS$35.1bUS$6.6b23.5x4.9x0.9x
Price to Earnings Ratio

4.9x


Total Market Cap: US$32.6bTotal 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 -4.8x202320242025
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 1.4x is lower than the industry's current PS ratio of 3.4x.
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 Market-1.96%
Telecom-2.06%
Telecom Services and Carriers-0.89%
Alternative Carriers-11.22%
Integrated Telecom Services0.45%
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$10.522.3%
+US$246.2m
9.7%PS0.9x
LILA Liberty Latin AmericaUS$7.860.8%
+US$13.1m
3.2%PS0.4x

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