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U.S. Telecom Services and Carriers Industry Analysis

UpdatedMay 05, 2025
DataAggregated Company Financials
Companies55
  • 7D2.2%
  • 3M10.6%
  • 1Y31.4%
  • YTD12.6%

Over the last 7 days, the Telecom Services and Carriers industry has risen 3.5%, driven by gains from Verizon Communications of 4.4%. Meanwhile, Liberty Global actually underperformed within the industry, shrinking 11% in the last week. This means that the industry has gained 33% over the past year. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the U.S. Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 May 2025US$421.5bUS$283.3bUS$27.3b16.6x15.4x1.5x
Wed, 02 Apr 2025US$435.2bUS$281.8bUS$28.1b14x15.5x1.5x
Fri, 28 Feb 2025US$415.1bUS$281.4bUS$28.3b14.8x14.7x1.5x
Sun, 26 Jan 2025US$370.0bUS$284.2bUS$20.9b18.4x17.7x1.3x
Tue, 24 Dec 2024US$374.4bUS$284.8bUS$12.9b18.7x29x1.3x
Thu, 21 Nov 2024US$379.8bUS$281.4bUS$13.3b19x28.7x1.3x
Sat, 19 Oct 2024US$383.6bUS$281.4bUS$21.2b18.4x18.1x1.4x
Mon, 16 Sep 2024US$382.6bUS$281.4bUS$21.2b18.7x18.1x1.4x
Wed, 14 Aug 2024US$344.4bUS$281.3bUS$21.2b19x16.2x1.2x
Fri, 12 Jul 2024US$338.7bUS$281.1bUS$22.7b23.4x14.9x1.2x
Sun, 09 Jun 2024US$332.5bUS$281.1bUS$22.7b26.9x14.7x1.2x
Tue, 07 May 2024US$316.6bUS$281.5bUS$22.7b26.8x14x1.1x
Thu, 04 Apr 2024US$334.5bUS$281.7bUS$22.5b27x14.8x1.2x
Sat, 02 Mar 2024US$320.6bUS$283.9bUS$20.8b25.5x15.4x1.1x
Mon, 29 Jan 2024US$340.7bUS$300.5bUS$8.4b14.3x40.8x1.1x
Wed, 27 Dec 2023US$315.6bUS$300.0b-US$7,362,410,294.0013.3x-42.9x1.1x
Fri, 24 Nov 2023US$308.1bUS$300.0b-US$7,363,754,256.0010.1x-41.8x1x
Sun, 22 Oct 2023US$276.9bUS$301.4b-US$4,556,316,300.007.8x-60.8x0.9x
Tue, 19 Sep 2023US$285.9bUS$301.1b-US$2,062,136,533.009.5x-138.7x0.9x
Thu, 17 Aug 2023US$278.9bUS$301.0b-US$2,059,879,965.009.7x-135.4x0.9x
Sat, 15 Jul 2023US$283.8bUS$302.2bUS$9.5b12.2x29.7x0.9x
Mon, 12 Jun 2023US$300.5bUS$302.2bUS$9.5b10.8x31.6x1x
Wed, 10 May 2023US$318.6bUS$302.0bUS$11.3b11.5x28.2x1.1x
Fri, 07 Apr 2023US$346.0bUS$303.3bUS$11.8b13.2x29.4x1.1x
Sun, 05 Mar 2023US$338.2bUS$303.1bUS$11.9b15x28.3x1.1x
Tue, 31 Jan 2023US$362.3bUS$304.4bUS$19.4b13.9x18.7x1.2x
Thu, 29 Dec 2022US$333.3bUS$337.7bUS$43.5b11.1x7.7x1x
Sat, 26 Nov 2022US$345.3bUS$337.8bUS$43.4b12.2x7.9x1x
Mon, 24 Oct 2022US$311.8bUS$338.3bUS$41.5b10.8x7.5x0.9x
Wed, 21 Sep 2022US$333.8bUS$338.3bUS$41.7b12.3x8x1x
Fri, 19 Aug 2022US$370.4bUS$338.3bUS$41.7b11.6x8.9x1.1x
Sun, 17 Jul 2022US$412.0bUS$346.1bUS$57.7b10.2x7.1x1.2x
Tue, 14 Jun 2022US$400.1bUS$346.1bUS$57.7b11.6x6.9x1.2x
Thu, 12 May 2022US$389.5bUS$345.5bUS$57.9b9.8x6.7x1.1x
Price to Earnings Ratio

6.7x


Total Market Cap: US$389.5bTotal Earnings: US$57.9bTotal Revenue: US$345.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Telecom Services and Carriers Industry Price to Earnings3Y Average 0.6x202320242025
Current Industry PE
  • Investors are optimistic on the American Telecom industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.4x which is higher than its 3-year average PE of 0.56x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have declined 20% per year over the last three years,
  • Revenues have also declined 6.6% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the U.S. Telecom industry?

US Market2.79%
Telecom3.84%
Telecom Services and Carriers2.16%
Alternative Carriers2.58%
Integrated Telecom Services2.14%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 58.6%, which is lower than the prior year's growth of 169.1% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 16.5x.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 59% over the next 5 years.
  • However this is lower than its past earnings growth rate of 169% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 8.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
VZ Verizon CommunicationsUS$43.744.4%
+US$7.7b
12.5%PE10.4x
T AT&TUS$27.613.0%
+US$6.2b
63.9%PE16.9x
ASTS AST SpaceMobileUS$26.4211.2%
+US$627.6m
978.4%PS1411x
LUMN Lumen TechnologiesUS$3.7812.8%
+US$481.7m
186.4%PS0.3x
IRDM Iridium CommunicationsUS$25.178.7%
+US$217.4m
-17.0%PE22x
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Latest News

LBTY.A

US$9.64

Liberty Global

7D

-11.4%

1Y

-42.4%

LUMN

US$3.78

Lumen Technologies

7D

12.8%

1Y

186.4%

GSAT

US$20.40

Globalstar

7D

4.0%

1Y

4.6%

SHEN

US$11.98

Shenandoah Telecommunications

7D

-5.9%

1Y

-11.1%

LILA

US$5.33

Liberty Latin America

7D

-4.3%

1Y

-33.7%

IRDM

US$25.17

Iridium Communications

7D

8.7%

1Y

-17.0%

VZ

US$43.74

Verizon Communications

7D

4.4%

1Y

12.5%

CCOI

US$56.46

Cogent Communications Holdings

7D

5.5%

1Y

-10.5%

BAND

US$12.49

Bandwidth

7D

-1.6%

1Y

-35.2%

IOTR

US$0.43

iOThree

7D

-52.9%

1Y

n/a

ASTS

US$26.42

AST SpaceMobile

7D

11.2%

1Y

978.4%

NXPL

US$0.54

NextPlat

7D

-7.3%

1Y

-56.1%