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U.S. Telecom Sector Analysis

UpdatedNov 20, 2025
DataAggregated Company Financials
Companies495
  • 7D2.3%
  • 3M6.3%
  • 1Y30.7%
  • YTD23.7%

In the last week, the Telecom industry is up 2.3%, with Alphabet up 8.4%. This takes the industry's 12 month performance to a gain of 31%. Earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Nov 2025US$7.4tUS$1.6tUS$283.1b16.1x26.1x4.5x
Mon, 20 Oct 2025US$7.4tUS$1.6tUS$286.1b17.6x25.7x4.6x
Wed, 17 Sep 2025US$7.6tUS$1.6tUS$285.9b20.1x26.5x4.7x
Fri, 15 Aug 2025US$7.0tUS$1.6tUS$286.6b18.9x24.6x4.3x
Sun, 13 Jul 2025US$6.5tUS$1.6tUS$250.2b17.8x26.2x4.1x
Tue, 10 Jun 2025US$6.5tUS$1.6tUS$250.0b17.2x25.8x4x
Thu, 08 May 2025US$5.9tUS$1.6tUS$246.9b17x23.8x3.7x
Sat, 05 Apr 2025US$5.5tUS$1.6tUS$227.3b15.2x24x3.5x
Mon, 03 Mar 2025US$6.2tUS$1.6tUS$227.8b16.8x27.2x3.9x
Wed, 29 Jan 2025US$6.4tUS$1.6tUS$200.0b17.2x31.8x4.1x
Fri, 27 Dec 2024US$6.2tUS$1.6tUS$189.6b18.6x32.9x4x
Sun, 24 Nov 2024US$5.8tUS$1.6tUS$189.7b20.1x30.4x3.7x
Tue, 22 Oct 2024US$5.7tUS$1.6tUS$189.2b17.8x29.9x3.6x
Thu, 19 Sep 2024US$5.4tUS$1.5tUS$188.2b18.8x28.6x3.5x
Sat, 17 Aug 2024US$5.3tUS$1.6tUS$189.1b19.3x28.2x3.4x
Mon, 15 Jul 2024US$5.5tUS$1.5tUS$191.2b17.3x28.9x3.6x
Wed, 12 Jun 2024US$5.4tUS$1.5tUS$191.0b16.6x28.2x3.5x
Fri, 10 May 2024US$5.2tUS$1.5tUS$193.5b18.3x26.8x3.4x
Sun, 07 Apr 2024US$5.2tUS$1.5tUS$176.0b19.4x29.3x3.4x
Tue, 05 Mar 2024US$4.8tUS$1.5tUS$173.8b17.7x27.7x3.2x
Thu, 01 Feb 2024US$5.0tUS$1.5tUS$152.7b15.3x32.6x3.2x
Sat, 30 Dec 2023US$4.7tUS$1.5tUS$128.0b15.7x36.4x3.1x
Mon, 27 Nov 2023US$4.5tUS$1.5tUS$128.3b16x35.2x3x
Wed, 25 Oct 2023US$4.3tUS$1.5tUS$102.5b14x42x2.9x
Fri, 22 Sep 2023US$4.2tUS$1.5tUS$104.7b14.4x40.1x2.8x
Sun, 20 Aug 2023US$4.1tUS$1.5tUS$102.8b14.5x40.3x2.8x
Tue, 18 Jul 2023US$4.3tUS$1.5tUS$106.8b16.9x40.1x2.9x
Thu, 15 Jun 2023US$4.1tUS$1.5tUS$107.1b17.1x38.5x2.8x
Sat, 13 May 2023US$3.9tUS$1.5tUS$105.2b17.1x36.9x2.6x
Mon, 10 Apr 2023US$3.8tUS$1.5tUS$115.4b16.6x33.3x2.6x
Wed, 08 Mar 2023US$3.5tUS$1.5tUS$113.7b18.6x30.9x2.4x
Fri, 03 Feb 2023US$3.9tUS$1.5tUS$140.9b19.8x27.8x2.7x
Sun, 01 Jan 2023US$3.2tUS$1.5tUS$166.4b15.2x19.1x2.1x
Tue, 29 Nov 2022US$3.3tUS$1.5tUS$165.9b17.9x19.7x2.2x
Price to Earnings Ratio

19.7x


Total Market Cap: US$3.3tTotal Earnings: US$165.9bTotal Revenue: US$1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Telecom Sector Price to Earnings3Y Average 30.1x202320242025
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 26.1x which is lower than its 3-year average PE of 30.1x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 4.5x.
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 3.1% 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-2.08%
Telecom2.29%
Interactive Media and Services4.66%
Media-0.045%
Telecom Services and Carriers-0.33%
Wireless Telecom-2.43%
Entertainment-4.90%
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 17.2%, 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 2.0x.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 17% 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 5.8% 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
GOOGL AlphabetUS$299.668.4%
+US$280.6b		81.9%PE29.1x
WSHP WeShop HoldingsUS$113.40275.4%
+US$2.8b		n/aPS3633.2x
T AT&TUS$25.931.3%
+US$2.4b		11.9%PE8.3x
VZ Verizon CommunicationsUS$41.230.4%
+US$716.8m		-4.4%PE8.8x
OMC Omnicom GroupUS$74.873.7%
+US$509.5m		-26.9%PE10.8x

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