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U.S. Telecom Sector Analysis

UpdatedJun 13, 2026
DataAggregated Company Financials
Companies480
  • 7D-1.9%
  • 3M5.7%
  • 1Y26.5%
  • YTD4.9%

Over the last 7 days, the Telecom industry has dropped 1.9%, driven by a pullback from Alphabet of 2.4%. Meanwhile, T-Mobile US actually outperformed within the industry, gaining 6.2% in the last week. In the past year, the industry has gained 27%. As for the next few years, earnings are expected to grow by 26% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Jun 2026US$10.0tUS$1.7tUS$299.4b18x33.3x5.7x
Tue, 12 May 2026US$8.5tUS$1.7tUS$308.8b16.2x27.6x4.9x
Thu, 09 Apr 2026US$7.4tUS$1.7tUS$272.3b15.4x27.3x4.4x
Sat, 07 Mar 2026US$7.6tUS$1.7tUS$272.1b17.9x28x4.5x
Mon, 02 Feb 2026US$8.1tUS$1.7tUS$279.2b16.7x29.1x4.9x
Wed, 31 Dec 2025US$7.8tUS$1.6tUS$282.5b16.5x27.7x4.7x
Fri, 28 Nov 2025US$7.8tUS$1.6tUS$282.5b17x27.4x4.7x
Sun, 26 Oct 2025US$7.4tUS$1.6tUS$295.3b17.4x25.1x4.6x
Tue, 23 Sep 2025US$7.6tUS$1.6tUS$286.1b20.8x26.6x4.7x
Thu, 21 Aug 2025US$7.0tUS$1.6tUS$286.5b18.8x24.4x4.3x
Sat, 19 Jul 2025US$6.6tUS$1.6tUS$250.6b17.7x26.5x4.1x
Mon, 16 Jun 2025US$6.4tUS$1.6tUS$250.1b17.3x25.5x4x
Wed, 14 May 2025US$6.0tUS$1.6tUS$247.3b17.6x24.1x3.7x
Fri, 11 Apr 2025US$5.7tUS$1.6tUS$227.2b15.4x25x3.6x
Sun, 09 Mar 2025US$6.1tUS$1.6tUS$228.0b16.3x26.6x3.8x
Tue, 04 Feb 2025US$6.6tUS$1.6tUS$209.4b17.8x31.4x4.2x
Thu, 02 Jan 2025US$6.0tUS$1.6tUS$189.8b18.7x31.8x3.8x
Sat, 30 Nov 2024US$5.9tUS$1.6tUS$189.7b20.2x31x3.7x
Mon, 28 Oct 2024US$5.6tUS$1.5tUS$180.7b18x30.9x3.6x
Wed, 25 Sep 2024US$5.5tUS$1.5tUS$188.2b18.5x29.2x3.6x
Fri, 23 Aug 2024US$5.4tUS$1.6tUS$189.1b19x28.7x3.5x
Sun, 21 Jul 2024US$5.4tUS$1.5tUS$191.7b18.2x28x3.5x
Tue, 18 Jun 2024US$5.4tUS$1.5tUS$191.0b16.3x28.3x3.5x
Thu, 16 May 2024US$5.2tUS$1.5tUS$193.9b18.6x26.9x3.4x
Sat, 13 Apr 2024US$5.2tUS$1.5tUS$176.0b18.4x29.6x3.5x
Mon, 11 Mar 2024US$4.9tUS$1.5tUS$173.8b16.7x27.9x3.2x
Wed, 07 Feb 2024US$4.8tUS$1.5tUS$158.6b14.2x30.6x3.2x
Fri, 05 Jan 2024US$4.6tUS$1.5tUS$128.1b16.6x35.6x3x
Sun, 03 Dec 2023US$4.4tUS$1.5tUS$128.1b16.4x34.5x2.9x
Tue, 31 Oct 2023US$4.1tUS$1.5tUS$126.0b12.5x32.5x2.7x
Thu, 28 Sep 2023US$4.2tUS$1.5tUS$104.7b14x40x2.8x
Sat, 26 Aug 2023US$4.2tUS$1.5tUS$104.0b13.6x40.1x2.8x
Mon, 24 Jul 2023US$4.2tUS$1.5tUS$107.2b14.9x38.8x2.8x
Wed, 21 Jun 2023US$4.1tUS$1.5tUS$107.1b17.1x38.6x2.8x
Price to Earnings Ratio

38.6x


Total Market Cap: US$4.1tTotal Earnings: US$107.1bTotal Revenue: US$1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Telecom Sector Price to Earnings3Y Average 29.9x202420252026
Current Industry PE
  • Investors are optimistic on the American Communication Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 33.3x which is higher than its 3-year average PE of 29.9x.
  • The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 5.7x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 41% per year over the last three years.
  • Revenues for these companies have grown 5.5% 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 Market0.81%
Telecom-1.89%
Wireless Telecom5.83%
Telecom Services and Carriers2.95%
Media-0.0094%
Entertainment-0.05%
Interactive Media and Services-2.92%
Industry PE
  • Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio of 0.17x.
    • Analysts are expecting annual earnings growth of 57.1%, which is higher than its past year's earnings decline of 6.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 57% over the next 5 years.
  • This is better than its past earnings decline of 6.1% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 11% 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
TMUS T-Mobile USUS$189.106.2%
+US$11.9b		-17.1%PE19.4x
VZ Verizon CommunicationsUS$48.116.0%
+US$11.4b		11.9%PE11.6x
T AT&TUS$23.583.6%
+US$5.8b		-16.4%PE7.7x
ROKU RokuUS$143.6617.5%
+US$3.2b		93.1%PE105.3x
LYV Live Nation EntertainmentUS$172.517.8%
+US$2.9b		24.9%PS1.6x

Latest News

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Baidu
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CMCSA
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2.9%
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TMUS
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T-Mobile US
7D
6.2%
1Y
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GOOGL
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7D
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1Y
105.9%
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T
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AT&T
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ROKU
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Roku
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RDDT
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Reddit
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NFLX
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VZ
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Summary Verizon's stock is showing some signs of resiliency in recent months as other telecom carriers experience downward pressure. In spite of the stock's poor performance during the last bear market in equities, VZ remains a solid defensive play. However, there are some caveats when it comes to future profitability improvements, and investors should be mindful of that. The dividend offers yet another reason to hold VZ, as the 6% yield does not appear to be at any immediate risk. Read the full article on Seeking Alpha
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Meta Platforms
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SPOT
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Spotify Technology
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-3.0%
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Live Nation Entertainment
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1Y
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