TMUS FY 2016 Earnings Report — T-Mobile US, Inc. Revenue & Financial Results | Market Cap Arena

T-Mobile US, Inc.TMUS

FY 2016 Earnings

Reported February 14, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$37.5B	—	$32.5B	—	15.5%
Op. Income	$4.0B	—	$2.5B	—	63.4%
Gross Margin	55.9%	—	54.1%	—	1.7pp
Net Margin	3.9%	—	2.3%	—	1.6pp
EPS (Diluted)	$1.69	—	$0.82	—	106.1%
Free Cash Flow	-$2.5B	—	-$1.2B	—	-103.6%

Revenue Flow

Item	Amount
REVENUE	$37.5B
Cost of Revenue	$16.6B
GROSS PROFIT	$20.9B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$11.4B
SG&A Expenses	$11.4B
Other Expenses	$5.5B
Operating Expenses	$16.9B
Cost & Expenses	$33.4B
OPERATING INCOME	$4.0B
Interest Income	$13M
Interest Expense	$1.7B
Other Income/Expenses	-$1.7B
INCOME BEFORE TAX	$2.3B
Income Tax Expense	$867M
Net Income from Continuing Ops	$1.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$6.2B
EBIT	$4.1B
EBITDA	$10.3B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$37.5B
Cost of Revenue	$16.6B
GROSS PROFIT	$20.9B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$11.4B
SG&A Expenses	$11.4B
Other Expenses	$5.5B
Operating Expenses	$16.9B
Cost & Expenses	$33.4B
OPERATING INCOME	$4.0B
Interest Income	$13M
Interest Expense	$1.7B
Other Income/Expenses	-$1.7B
INCOME BEFORE TAX	$2.3B
Income Tax Expense	$867M
Net Income from Continuing Ops	$1.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$6.2B
EBIT	$4.1B
EBITDA	$10.3B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$1.5B
Depreciation & Amortization	$6.2B
Stock-Based Compensation	$235M
Deferred Income Tax	$914M
Other Non-Cash Items	$3.4B
Change in Working Capital	-$6.1B
OPERATING CASH FLOW	$6.1B
Capital Expenditure	-$8.7B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$3.0B
Other Investing Activities	-$8M
NET CASH FROM INVESTING	-$5.7B
Net Debt Issuance	$622M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$133M
NET CASH FROM FINANCING	$463M
FREE CASH FLOW	-$2.5B
Net Change in Cash	$918M

Balance Sheet

Item	Amount
Cash & Equivalents	$5.5B
Short-Term Investments	$0
Net Receivables	$3.9B
Inventory	$1.1B
Other Current Assets	$1.5B
TOTAL CURRENT ASSETS	$14.2B
PP&E (Net)	$20.9B
Goodwill	$1.7B
Intangible Assets	$27.4B
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$1.7B
TOTAL NON-CURRENT ASSETS	$51.7B
TOTAL ASSETS	$65.9B
Account Payables	$5.2B
Short-Term Debt	$20M
Deferred Revenue	$986M
Other Current Liabilities	$405M
TOTAL CURRENT LIABILITIES	$9.0B
Long-Term Debt	$21.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$4.9B
Other Non-Current Liabilities	$9.2B
TOTAL NON-CURRENT LIABILITIES	$38.6B
TOTAL LIABILITIES	$47.7B
Common Stock	$0
Additional Paid-In Capital	$38.8B
Retained Earnings	-$20.6B
Treasury Stock	-$1M
Accum. Other Comp. Income	$1M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$18.2B
Minority Interest	$0
TOTAL EQUITY	$18.2B
TOTAL LIABILITIES & EQUITY	$65.9B
Total Debt	$24.8B
Net Debt	$19.3B