T-Mobile US (TMUS) FY2021 results: revenue $80.1 billion, up 17.1% on the year
T-Mobile US, Inc. (TMUS) reported revenue of $80.1 billion for fiscal 2021, the year ended 31 December 2021, up 17.1% on the year before. Net income was $3.0 billion, down 1.3%, and diluted earnings per share $2.41. The figures are the company's own, from the 10-K it filed with the SEC on 11 February 2022.
Revenue
$80.1 billion
+17.1% on the year
FY2014FY2021
Operating margin
8.6%
9.7% a year earlier
FY2014FY2021
Net income
$3.0 billion
-1.3% on the year
FY2014FY2021
Diluted EPS
$2.41
-9.1% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
13,917
8,640
6,824
+61.1%
Capital expenditure
12,326
11,034
6,391
+11.7%
Free cash flow
1,591
-2,394
433
Free cash flow margin
2.0%
-3.5%
1.0%
Cash from investing
-19,386
-12,715
-4,125
Cash from financing
1,709
13,010
-2,374
-86.9%
Depreciation and amortisation
16,383
14,151
6,616
+15.8%
Share-based compensation
540
694
495
-22.2%
Buybacks
0.0
19,536
0.0
Dividends paid
0.0
0.0
0.0
Diluted shares, weighted
1,255m
1,155m
863m
+8.7%
Shares outstanding at period end
1,249m
1,242m
857m
+0.6%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
69,102
65,344
28,789
+5.8%
Short-term borrowings
3,378
4,579
25.0
-26.2%
Debt
74,193
71,125
24,969
+4.3%
Operating lease liabilities
25,818
26,719
10,539
-3.4%
Finance lease liabilities
1,455
1,444
1,346
+0.8%
Other liabilities
32,617
30,951
21,253
+5.4%
Total liabilities and equity
206,563
200,162
86,921
+3.2%
Fixed assets
39,803
41,175
21,984
-3.3%
Goodwill
12,188
11,117
1,930
+9.6%
Intangible assets
4,733
5,298
115
-10.7%
Cash and equivalents
6,631
10,385
1,528
-36.1%
Receivables
4,194
4,254
1,888
-1.4%
Inventory
2,567
2,527
964
+1.6%
Other assets
136,447
125,406
58,512
+8.8%
Total assets
206,563
200,162
86,921
+3.2%
10-K for the year ended 31 December 2021, filed 11 February 2022: the filing.