Header cover image

U.S. Alternative Carriers Industry Analysis

UpdatedFeb 12, 2026
DataAggregated Company Financials
Companies28
  • 7D-3.2%
  • 3M32.5%
  • 1Y121.5%
  • YTDn/a

Over the last 7 days, the Alternative Carriers industry has dropped 3.2%, driven by AST SpaceMobile declining 6.4%. On the other hand Lumen Technologies is actually up 18%. This takes the industry's 12 month performance to a gain of 121%. Looking forward, earnings are forecast to grow by 60% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Feb 2026US$54.4bUS$12.3b-US$2,939,563,855.6115.4x-18.5x4.4x
Sun, 11 Jan 2026US$54.6bUS$12.3b-US$2,936,060,378.2116.1x-18.6x4.4x
Tue, 09 Dec 2025US$46.7bUS$12.3b-US$2,935,203,087.1414.8x-15.9x3.8x
Thu, 06 Nov 2025US$42.0bUS$12.2b-US$3,479,589,551.5815x-12.1x3.4x
Sat, 04 Oct 2025US$39.9bUS$12.1b-US$4,805,533,941.8617.6x-8.3x3.3x
Mon, 01 Sep 2025US$32.5bUS$12.1b-US$4,806,798,097.7123.3x-6.8x2.7x
Wed, 30 Jul 2025US$31.6bUS$12.0b-US$1,355,529,544.2050.8x-23.3x2.6x
Fri, 27 Jun 2025US$30.1bUS$11.9b-US$1,333,099,185.9148.7x-22.6x2.5x
Sun, 25 May 2025US$19.5bUS$11.7b-US$1,344,380,596.9749x-14.5x1.7x
Tue, 22 Apr 2025US$22.3bUS$12.6bUS$555.6m22.4x40.2x1.8x
Thu, 20 Mar 2025US$25.4bUS$12.5bUS$661.8m17.9x38.4x2x
Sat, 15 Feb 2025US$26.0bUS$15.4b-US$4,980,924,009.6298.7x-5.2x1.7x
Mon, 13 Jan 2025US$23.6bUS$15.4b-US$4,983,719,993.5971.2x-4.7x1.5x
Wed, 11 Dec 2024US$26.3bUS$15.4b-US$4,980,848,463.5777.4x-5.3x1.7x
Fri, 08 Nov 2024US$32.4bUS$15.4b-US$4,817,003,424.5874.6x-6.7x2.1x
Sun, 06 Oct 2024US$27.9bUS$15.3b-US$2,262,967,483.8378.7x-12.3x1.8x
Tue, 03 Sep 2024US$27.1bUS$15.3b-US$2,262,969,654.1272.4x-12x1.8x
Thu, 01 Aug 2024US$25.5bUS$15.2b-US$975,985,475.2038.4x-26.2x1.7x
Sat, 29 Jun 2024US$21.0bUS$15.2b-US$1,804,729,695.25118.6x-11.6x1.4x
Mon, 27 May 2024US$19.2bUS$15.2b-US$1,779,774,331.21109.6x-10.8x1.3x
Wed, 24 Apr 2024US$18.9bUS$15.6b-US$3,025,321,869.8680.3x-6.3x1.2x
Fri, 22 Mar 2024US$19.3bUS$15.6b-US$3,012,320,319.3180.3x-6.4x1.2x
Sun, 18 Feb 2024US$21.3bUS$15.5b-US$2,919,834,754.6745.2x-7.3x1.4x
Tue, 16 Jan 2024US$26.3bUS$32.1b-US$15,448,915,417.0014.5x-1.7x0.8x
Thu, 14 Dec 2023US$23.8bUS$32.0b-US$15,448,784,619.0011.5x-1.5x0.7x
Sat, 11 Nov 2023US$22.4bUS$32.1b-US$15,460,059,264.009.2x-1.5x0.7x
Mon, 09 Oct 2023US$24.6bUS$32.8b-US$13,163,130,719.008.6x-1.9x0.8x
Wed, 06 Sep 2023US$27.4bUS$32.8b-US$13,163,129,794.0011.8x-2.1x0.8x
Fri, 04 Aug 2023US$24.3bUS$32.3b-US$14,798,336,529.0013.9x-1.6x0.8x
Sun, 02 Jul 2023US$25.9bUS$33.1b-US$3,283,747,988.0027.3x-7.9x0.8x
Tue, 30 May 2023US$25.0bUS$33.1b-US$3,311,123,042.0023.7x-7.5x0.8x
Thu, 27 Apr 2023US$26.1bUS$34.1b-US$1,328,202,993.0016x-19.7x0.8x
Sat, 25 Mar 2023US$26.5bUS$34.0b-US$1,330,658,226.0018.7x-19.9x0.8x
Mon, 20 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 4.4x.
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 29% per year, which is driving profits down.

Industry Comparison

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

US Market1.43%
Telecom-2.85%
Telecom Services and Carriers3.78%
Alternative Carriers-3.17%
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$8.0028.4%
+US$1.8b
69.9%PS0.7x
GSAT GlobalstarUS$59.009.0%
+US$617.7m
167.0%PS28.5x
IRDM Iridium CommunicationsUS$22.3917.0%
+US$340.9m
-30.0%PE18.6x
CCOI Cogent Communications HoldingsUS$26.3016.6%
+US$178.0m
-68.2%PS1.4x
SIFY Sify TechnologiesUS$14.549.0%
+US$86.8m
242.1%PS2.2x

Latest News