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U.S. Telecom Sector Analysis

UpdatedDec 19, 2025
DataAggregated Company Financials
Companies505
  • 7D-1.4%
  • 3M-0.5%
  • 1Y27.9%
  • YTD27.3%

Over the last 7 days, the Telecom industry has dropped 1.4%, driven by a pullback from Alphabet of 3.2%. In the past year, the industry has gained 28%. Earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

Has the U.S. Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Dec 2025US$7.5tUS$1.6tUS$280.9b17x26.9x4.6x
Sun, 16 Nov 2025US$7.2tUS$1.6tUS$285.5b17x25.3x4.4x
Tue, 14 Oct 2025US$7.2tUS$1.6tUS$286.1b18.1x25x4.4x
Thu, 11 Sep 2025US$7.4tUS$1.6tUS$286.1b20.4x25.9x4.6x
Sat, 09 Aug 2025US$6.9tUS$1.6tUS$285.2b20.7x24.2x4.2x
Mon, 07 Jul 2025US$6.6tUS$1.6tUS$250.2b18.1x26.6x4.1x
Wed, 04 Jun 2025US$6.3tUS$1.6tUS$249.9b17.2x25.1x3.9x
Fri, 02 May 2025US$5.7tUS$1.6tUS$244.7b17x23.3x3.6x
Sun, 30 Mar 2025US$5.7tUS$1.6tUS$227.4b17.3x25x3.6x
Tue, 25 Feb 2025US$6.3tUS$1.6tUS$225.2b19.1x28.2x4x
Thu, 23 Jan 2025US$6.2tUS$1.6tUS$190.6b18.7x32.8x4x
Sat, 21 Dec 2024US$6.1tUS$1.6tUS$189.6b17.8x32x3.9x
Mon, 18 Nov 2024US$5.8tUS$1.6tUS$189.7b19.4x30.4x3.7x
Wed, 16 Oct 2024US$5.7tUS$1.5tUS$188.2b18.3x30.1x3.7x
Fri, 13 Sep 2024US$5.2tUS$1.5tUS$188.1b18.5x27.4x3.3x
Sun, 11 Aug 2024US$5.3tUS$1.5tUS$189.9b20.2x27.8x3.4x
Tue, 09 Jul 2024US$5.7tUS$1.5tUS$191.3b17.3x29.8x3.7x
Thu, 06 Jun 2024US$5.3tUS$1.5tUS$191.0b15.4x27.8x3.5x
Sat, 04 May 2024US$5.1tUS$1.5tUS$194.4b18.5x26.2x3.3x
Mon, 01 Apr 2024US$5.1tUS$1.5tUS$176.2b18.8x28.7x3.4x
Wed, 28 Feb 2024US$4.8tUS$1.5tUS$174.3b19x27.5x3.2x
Fri, 26 Jan 2024US$4.9tUS$1.5tUS$145.0b14.9x33.6x3.2x
Sun, 24 Dec 2023US$4.6tUS$1.5tUS$127.9b15.6x36.3x3x
Tue, 21 Nov 2023US$4.5tUS$1.5tUS$127.2b16.3x35.1x2.9x
Thu, 19 Oct 2023US$4.3tUS$1.5tUS$104.7b15.2x41.4x2.9x
Sat, 16 Sep 2023US$4.3tUS$1.5tUS$104.4b14.5x41.6x2.9x
Mon, 14 Aug 2023US$4.3tUS$1.5tUS$102.5b15.6x41.7x2.9x
Wed, 12 Jul 2023US$4.1tUS$1.5tUS$106.8b16.6x38.8x2.8x
Fri, 09 Jun 2023US$4.1tUS$1.5tUS$107.1b15.8x37.8x2.7x
Sun, 07 May 2023US$3.7tUS$1.5tUS$107.3b15.9x34.9x2.5x
Tue, 04 Apr 2023US$3.8tUS$1.5tUS$115.4b16.7x32.9x2.6x
Thu, 02 Mar 2023US$3.4tUS$1.5tUS$115.6b18.7x29.6x2.3x
Sat, 28 Jan 2023US$3.6tUS$1.5tUS$141.3b19x25.8x2.5x
Mon, 26 Dec 2022US$3.2tUS$1.5tUS$166.4b16.1x19x2.1x
Price to Earnings Ratio

19x


Total Market Cap: US$3.2tTotal Earnings: US$166.4bTotal Revenue: US$1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Telecom Sector Price to Earnings3Y Average 30.3x202320242025
Current Industry PE
  • Investors are pessimistic on the American Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 26.9x which is lower than its 3-year average PE of 30.3x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 2.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

US Market-2.05%
Telecom-1.35%
Media2.51%
Wireless Telecom2.37%
Entertainment-1.47%
Interactive Media and Services-1.68%
Telecom Services and Carriers-2.09%
Industry PE
  • Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 19.6%, which is higher than its past year's earnings decline of 4.9% per year.
  • Investors are most pessimistic about the Telecom Services and Carriers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 2.1x.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings decline of 4.9% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 6.9% 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
META Meta PlatformsUS$664.451.8%
+US$29.6b		11.6%PE28.6x
CMCSA ComcastUS$30.2711.2%
+US$11.1b		-20.8%PE4.9x
TMUS T-Mobile USUS$200.272.5%
+US$5.5b		-8.1%PE18.9x
RDDT RedditUS$231.342.9%
+US$1.2b		35.5%PE125.6x
DJT Trump Media & Technology GroupUS$14.8636.2%
+US$1.1b		-58.0%PS1131.3x

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