Header cover image

U.S. Alternative Carriers Industry Analysis

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies28
  • 7D-3.4%
  • 3M56.9%
  • 1Y55.9%
  • YTDn/a

Over the last 7 days, the Alternative Carriers industry has dropped 3.4%, driven by AST SpaceMobile declining 9.9%. In contrast, Lumen Technologies has gained 5.7%. This takes the industry's 12 month performance to a gain of 56%. Earnings are forecast to grow by 55% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 04 Jul 2025US$29.0bUS$11.9b-US$1,333,338,033.4749.5x-21.7x2.4x
Sun, 01 Jun 2025US$16.6bUS$11.7b-US$1,344,337,395.9150.3x-12.3x1.4x
Tue, 29 Apr 2025US$22.4bUS$12.6bUS$566.3m21.2x39.6x1.8x
Thu, 27 Mar 2025US$26.1bUS$12.6bUS$660.6m18.5x39.5x2.1x
Sat, 22 Feb 2025US$25.3bUS$12.1bUS$910.2m63.1x27.8x2.1x
Mon, 20 Jan 2025US$23.1bUS$15.4b-US$4,987,486,771.9387.4x-4.6x1.5x
Wed, 18 Dec 2024US$25.2bUS$15.4b-US$4,980,849,003.4875x-5.1x1.6x
Fri, 15 Nov 2024US$29.5bUS$15.4b-US$4,822,132,073.8471.5x-6.1x1.9x
Sun, 13 Oct 2024US$27.3bUS$15.3b-US$2,262,966,229.9783.3x-12.1x1.8x
Tue, 10 Sep 2024US$19.3bUS$7.7b-US$210,368,607.6573.8x-91.5x2.5x
Thu, 08 Aug 2024US$24.0bUS$15.3b-US$1,043,342,240.3936x-23x1.6x
Sat, 06 Jul 2024US$21.2bUS$15.2b-US$1,804,730,179.55118.5x-11.7x1.4x
Mon, 03 Jun 2024US$20.3bUS$15.2b-US$1,779,776,723.39109.4x-11.4x1.3x
Wed, 01 May 2024US$18.9bUS$15.6b-US$3,025,323,265.3680.3x-6.2x1.2x
Fri, 29 Mar 2024US$19.2bUS$15.6b-US$3,010,916,811.0083.9x-6.4x1.2x
Sun, 25 Feb 2024US$20.8bUS$15.5b-US$3,156,333,832.07134.9x-6.6x1.3x
Tue, 23 Jan 2024US$25.7bUS$32.0b-US$15,452,205,514.0013.2x-1.7x0.8x
Thu, 21 Dec 2023US$25.4bUS$32.0b-US$15,448,782,142.0012.4x-1.6x0.8x
Sat, 18 Nov 2023US$23.2bUS$32.0b-US$15,448,994,376.0010.3x-1.5x0.7x
Mon, 16 Oct 2023US$24.2bUS$32.8b-US$13,163,143,432.008.3x-1.8x0.7x
Wed, 13 Sep 2023US$26.9bUS$32.8b-US$13,163,111,420.0010.7x-2x0.8x
Fri, 11 Aug 2023US$28.5bUS$32.8b-US$13,167,634,381.0011.1x-2.2x0.9x
Sun, 09 Jul 2023US$26.0bUS$33.1b-US$3,283,795,569.0028.6x-7.9x0.8x
Tue, 06 Jun 2023US$25.5bUS$33.1b-US$3,311,117,630.0021.1x-7.7x0.8x
Thu, 04 May 2023US$26.6bUS$33.2b-US$1,405,779,253.0014.1x-18.9x0.8x
Sat, 01 Apr 2023US$27.9bUS$34.0b-US$1,330,632,322.0019.8x-21x0.8x
Mon, 27 Feb 2023US$29.4bUS$34.0b-US$1,357,871,356.0019.9x-21.7x0.9x
Wed, 25 Jan 2023US$32.0bUS$35.1bUS$6.6b28.7x4.8x0.9x
Fri, 23 Dec 2022US$28.5bUS$35.1bUS$6.6b17.4x4.3x0.8x
Sun, 20 Nov 2022US$31.5bUS$35.1bUS$6.6b23.9x4.8x0.9x
Tue, 18 Oct 2022US$28.9bUS$35.6bUS$4.6b11.8x6.2x0.8x
Thu, 15 Sep 2022US$34.6bUS$35.6bUS$4.6b13.8x7.5x1x
Sat, 13 Aug 2022US$39.7bUS$35.6bUS$4.7b16.9x8.5x1.1x
Mon, 11 Jul 2022US$36.7bUS$37.0bUS$14.5b11.8x2.5x1x
Price to Earnings Ratio

2.5x


Total Market Cap: US$36.7bTotal Earnings: US$14.5bTotal Revenue: US$37.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Alternative Carriers Industry Price to Earnings3Y Average -2.7x202320242025
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 1.2x is lower than the industry's current PS ratio of 2.4x.
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 31% per year, which is driving profits down.

Industry Comparison

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

US Market2.15%
Telecom1.20%
Telecom Services and Carriers1.84%
Alternative Carriers-3.43%
Integrated Telecom Services2.25%
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$4.605.7%
+US$256.5m
342.3%PS0.4x
GSAT GlobalstarUS$24.926.5%
+US$191.1m
51.0%PS12.4x
IRDM Iridium CommunicationsUS$31.805.9%
+US$190.4m
19.7%PE27.8x
LILA Liberty Latin AmericaUS$6.4910.4%
+US$121.9m
-29.5%PS0.3x
CCOI Cogent Communications HoldingsUS$50.334.5%
+US$103.5m
-9.1%PS2.6x

Latest News