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U.S. Telecom Services and Carriers Industry Analysis

UpdatedAug 16, 2025
DataAggregated Company Financials
Companies56
  • 7D2.6%
  • 3M4.8%
  • 1Y26.4%
  • YTD18.9%

In the last week, the Telecom Services and Carriers industry is up 2.6%, with AT&T up 2.8%. Meanwhile, Globalstar actually underperformed within the industry, shrinking 6.2% in the last week. In the last 12 months, the industry was up 26%. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 16 Aug 2025US$440.9bUS$286.4bUS$25.5b15.3x17.3x1.5x
Mon, 14 Jul 2025US$417.5bUS$282.4bUS$27.5b16.1x15.2x1.5x
Wed, 11 Jun 2025US$426.7bUS$282.3bUS$27.5b17x15.5x1.5x
Fri, 09 May 2025US$428.1bUS$283.2bUS$27.2b16.8x15.7x1.5x
Sun, 06 Apr 2025US$410.9bUS$281.9bUS$28.1b13.4x14.6x1.5x
Tue, 04 Mar 2025US$420.2bUS$281.3bUS$28.2b10.5x14.9x1.5x
Thu, 30 Jan 2025US$387.3bUS$284.5bUS$22.7b16.2x17x1.4x
Sat, 28 Dec 2024US$378.8bUS$284.8bUS$12.9b18.8x29.3x1.3x
Mon, 25 Nov 2024US$388.5bUS$281.4bUS$13.3b19.4x29.3x1.4x
Wed, 23 Oct 2024US$381.2bUS$281.4bUS$19.8b18.2x19.3x1.4x
Fri, 20 Sep 2024US$380.5bUS$281.4bUS$21.2b18.6x18x1.4x
Sun, 18 Aug 2024US$347.6bUS$281.4bUS$21.2b18.8x16.4x1.2x
Tue, 16 Jul 2024US$342.2bUS$281.1bUS$22.7b23.4x15.1x1.2x
Thu, 13 Jun 2024US$328.3bUS$281.1bUS$22.7b25.9x14.5x1.2x
Sat, 11 May 2024US$319.7bUS$281.0bUS$22.7b26.7x14.1x1.1x
Mon, 08 Apr 2024US$329.6bUS$281.7bUS$22.5b27.6x14.6x1.2x
Wed, 06 Mar 2024US$319.8bUS$283.8bUS$20.8b28.1x15.4x1.1x
Fri, 02 Feb 2024US$345.9bUS$300.5bUS$8.4b14.1x41.4x1.2x
Sun, 31 Dec 2023US$319.2bUS$300.0b-US$7,362,413,150.0015x-43.4x1.1x
Tue, 28 Nov 2023US$309.1bUS$300.0b-US$7,362,663,532.0010x-42x1x
Thu, 26 Oct 2023US$283.1bUS$300.5b-US$4,694,312,056.007x-60.3x0.9x
Sat, 23 Sep 2023US$284.5bUS$301.1b-US$2,062,125,496.008.3x-138x0.9x
Mon, 21 Aug 2023US$277.4bUS$301.0b-US$2,059,802,299.0010.5x-134.7x0.9x
Wed, 19 Jul 2023US$268.1bUS$302.2bUS$9.5b12.2x28.1x0.9x
Fri, 16 Jun 2023US$301.8bUS$302.2bUS$9.5b12.6x31.6x1x
Sun, 14 May 2023US$317.5bUS$302.1bUS$9.5b11.3x33.3x1.1x
Tue, 11 Apr 2023US$345.0bUS$303.3bUS$11.8b13.6x29.3x1.1x
Thu, 09 Mar 2023US$332.2bUS$303.1bUS$11.9b14.5x27.8x1.1x
Sat, 04 Feb 2023US$363.1bUS$304.4bUS$19.4b14x18.7x1.2x
Mon, 02 Jan 2023US$338.3bUS$337.8bUS$43.5b11.1x7.8x1x
Wed, 30 Nov 2022US$340.4bUS$337.8bUS$43.4b11.7x7.8x1x
Fri, 28 Oct 2022US$323.2bUS$338.3bUS$41.5b11.1x7.8x1x
Sun, 25 Sep 2022US$322.9bUS$338.3bUS$41.7b11.5x7.7x1x
Tue, 23 Aug 2022US$366.6bUS$338.3bUS$41.7b13.1x8.8x1.1x
Price to Earnings Ratio

8.8x


Total Market Cap: US$366.6bTotal Earnings: US$41.7bTotal Revenue: US$338.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Telecom Services and Carriers Industry Price to Earnings3Y Average 1.3x202320242025
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 17.3x which is higher than its 3-year average PE of 1.3x.
  • The 3-year average PS ratio of 1.2x 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 15% per year over the last three years,
  • Revenues have also declined 5.4% 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 Market1.01%
Telecom2.50%
Telecom Services and Carriers2.58%
Integrated Telecom Services2.60%
Alternative Carriers2.24%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 17.0x.
    • Analysts are expecting annual earnings growth of 7.8%, which is lower than the prior year's growth of 61.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 68% over the next 5 years.
  • This is better than its past earnings growth rate of 28% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 7.8% 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
T AT&TUS$28.872.8%
+US$5.6b
49.3%PE16.3x
VZ Verizon CommunicationsUS$44.242.5%
+US$4.6b
8.9%PE10.3x
LUMN Lumen TechnologiesUS$4.4317.8%
+US$687.5m
-26.4%PS0.4x
ASTS AST SpaceMobileUS$48.083.1%
+US$385.3m
54.9%PS2611.7x
CCOI Cogent Communications HoldingsUS$34.2511.9%
+US$172.5m
-53.4%PS1.8x

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