T-Mobile US Inc (TMUS)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 57,314,000 | 55,662,000 | 54,700,000 | 54,077,000 | 53,853,000 | 53,432,000 | 53,327,000 | 52,394,000 | 53,027,000 | 53,490,000 | 52,921,000 | 53,899,000 | 52,974,000 | 60,674,000 | 60,242,000 | 56,336,000 | 49,607,000 | 41,144,000 | 35,690,000 | 32,984,000 |
| Revenue (ttm) | US$ in thousands | 80,753,000 | 79,391,000 | 78,415,000 | 77,825,000 | 77,918,000 | 77,735,000 | 77,992,000 | 78,482,000 | 78,966,000 | 78,661,000 | 77,903,000 | 77,244,000 | 76,018,000 | 76,693,000 | 76,235,000 | 73,752,000 | 65,682,000 | 57,219,000 | 49,869,000 | 44,117,000 |
| Gross profit margin | 70.97% | 70.11% | 69.76% | 69.49% | 69.11% | 68.74% | 68.37% | 66.76% | 67.15% | 68.00% | 67.93% | 69.78% | 69.69% | 79.11% | 79.02% | 76.39% | 75.53% | 71.91% | 71.57% | 74.76% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $57,314,000K ÷ $80,753,000K
= 70.97%
T-Mobile US Inc's gross profit margin has shown some fluctuations over the reported periods. The gross profit margin was relatively stable around 70% to mid-70% range during the quarters from March 31, 2020, to June 30, 2021, indicating a strong performance in managing the cost of goods sold relative to revenue.
However, starting from December 31, 2021, there was a notable decline in the gross profit margin, dropping to 69.69%, and this decrease continued in the subsequent quarters until June 30, 2022, where it reached 67.93%. This decline may raise concerns about the company's ability to maintain profitability due to increased costs or pricing pressures.
From September 30, 2022, to December 31, 2024, there was a gradual recovery in the gross profit margin, showing signs of improvement in cost management or revenue generation. The margin increased steadily from 68.00% to 70.97% by the end of December 31, 2024.
Overall, T-Mobile US Inc's gross profit margin trend indicates the importance of monitoring and adjusting cost structures and pricing strategies to sustain profitability in the competitive telecommunications industry.