On January 29, 2025, T-Mobile US Inc (TMUS, Financial) released its 8-K filing, showcasing a remarkable year of growth and financial performance. The company, which became the second-largest wireless carrier in the US following its merger with Sprint in 2020, reported significant achievements in customer acquisition and financial metrics, reinforcing its position in the telecommunications industry.

Record-Breaking Customer Growth

T-Mobile US Inc (TMUS, Financial) reported industry-leading customer growth in 2024, with postpaid net customer additions reaching 6.1 million for the year, including 1.9 million in Q4 alone. The company also achieved its lowest-ever postpaid phone churn rate of 0.86% for the full year. This growth was driven by T-Mobile's commitment to providing the best network, value, and customer experience.

Financial Performance Exceeds Expectations

The company's financial performance was equally impressive, with service revenues reaching $66.2 billion for the year, marking a 5% increase from the previous year. T-Mobile's net income for 2024 was $11.3 billion, a 36% increase year-over-year, while diluted earnings per share (EPS) rose to $9.66, surpassing the annual estimate of $9.37. In Q4 2024, the EPS was $2.57, exceeding the quarterly estimate of $2.26.

Key Financial Metrics

T-Mobile's Core Adjusted EBITDA for 2024 was $31.8 billion, reflecting a 9% increase from 2023. The company's net cash provided by operating activities grew by 20% to $22.3 billion, and Adjusted Free Cash Flow increased by 25% to $17.0 billion. These metrics highlight T-Mobile's strong cash generation capabilities, essential for sustaining growth and shareholder returns.

Shareholder Returns and Network Leadership

In 2024, T-Mobile returned $14.4 billion to shareholders through stock repurchases and cash dividends. The company also maintained its leadership in network performance, winning multiple awards for its 5G network and overall network experience. T-Mobile's strategic focus on network excellence continues to drive its competitive advantage.

“By putting customers first, T-Mobile delivered another monster Q4 that punctuated an amazing growth year with best-in-class results across wireless and broadband,” said Mike Sievert, CEO of T-Mobile.

Analysis and Outlook

T-Mobile's robust performance in 2024 underscores its successful execution of growth strategies and customer-centric initiatives. The company's ability to translate customer growth into financial success is a testament to its operational efficiency and market positioning. Looking ahead, T-Mobile's guidance for 2025 indicates continued momentum, with expectations of 5.5 to 6.0 million postpaid net customer additions and Core Adjusted EBITDA between $33.1 billion and $33.6 billion.

For more detailed financial results and insights, visit T-Mobile US, Inc.’s Investor Relations website.

Explore the complete 8-K earnings release (here) from T-Mobile US Inc for further details.