SIRI
Sirius XM Holdings Inc.
SIRI trails on the overall score without a compensating advantage in the available component scores.
TMUS
T-Mobile US, Inc.
TMUS has the edge over SIRI overall, supported by stronger modeled upside and stronger valuation.
SIRI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Weak |
SIRI's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is weak.
TMUS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Strong |
TMUS's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
SIRI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 10x | $25.48 | -20% |
| Forward | 10x | $31.74 | — |
| Current | 13x | $31.74 | — |
| Fair | 17x | $42.45 | +34% |
| Expensive | 34x | $83.36 | +163% |
Historical ranges are pointers, not guarantees.
SIRI's PE is in its fair range at 13x. On analysts' estimates for next year's earnings, today's price would be 10x, in its cheap range.
TMUS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $171 | — |
| Current | 16x | $171 | — |
| Cheap | 21x | $218 | +27% |
| Fair | 26x | $274 | +60% |
| Expensive | 56x | $581 | +240% |
Historical ranges are pointers, not guarantees.
TMUS has the edge over SIRI in the historical PE scenario, which offers more potential upside but is not a forecast.
SIRI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| Low |
Analysts expect SIRI's earnings, revenue and profitability to hold roughly steady. However, they disagree widely on these estimates.
TMUS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
TMUS has the edge over SIRI on the outlook, with more favorable earnings and revenue expectations.
SIRI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.13 | +29% |
| Q3 2026 | $2.43 | -45% |
| Q2 2026 | $2.49 | +$7.62 |
| Q1 2026 | $2.36 | +$7.26 |
| Q4 2025 | $2.23 | +$7.02 |
| Q3 2025 | $4.45 | +$10.79 |
| Q2 2025 | -$5.13 | -255% |
| Q1 2025 | -$4.90 | -248% |
| Q4 2024 | -$4.79 | -250% |
SIRI's earnings per share have fallen from their peak: $2.43 over the past year, against $4.45 in late 2025.
TMUS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.49 | +30% |
| Q3 2026 | $10.37 | -0.2% |
| Q2 2026 | $9.56 | -9.7% |
| Q1 2026 | $9.41 | -8.1% |
| Q4 2025 | $9.72 | +0.6% |
| Q3 2025 | $10.39 | +18% |
| Q2 2025 | $10.59 | +33% |
| Q1 2025 | $10.24 | +39% |
| Q4 2024 | $9.66 | +39% |
TMUS has the edge over SIRI on earnings, with more consistent year-over-year improvement.
SIRI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | -0.3% |
| Q2 2026 | $2.2B | +1% |
| Q1 2026 | $2.1B | +1.1% |
| Q4 2025 | $2.2B | +0.2% |
| Q3 2025 | $2.2B | -0.6% |
| Q2 2025 | $2.1B | -1.8% |
| Q1 2025 | $2.1B | -4.3% |
| Q4 2024 | $2.2B | -4.4% |
SIRI's revenue has held roughly level: $2.2B last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | -0.6 points |
| Q2 2026 | 22% | +4.8 points |
| Q1 2026 | 22% | +3 points |
| Q4 2025 | 10% | -13 points |
| Q3 2025 | 23% | +157 points |
| Q2 2025 | 17% | -6.1 points |
| Q1 2025 | 19% | -1.5 points |
| Q4 2024 | 23% | +1.6 points |
SIRI's operating margin was 22% last quarter, down 0.6 points from the same quarter a year ago.
TMUS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $23.6B | +7.4% |
| Q2 2026 | $22.8B | +7.9% |
| Q1 2026 | $23.1B | +11% |
| Q4 2025 | $24.3B | +11% |
| Q3 2025 | $22B | +8.9% |
| Q2 2025 | $21.1B | +6.9% |
| Q1 2025 | $20.9B | +6.6% |
| Q4 2024 | $21.9B | +6.8% |
TMUS has the edge over SIRI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 24% | +3.4 points |
| Q2 2026 | 24% | -0.6 points |
| Q1 2026 | 19% | -3.5 points |
| Q4 2025 | 15% | -5.6 points |
| Q3 2025 | 21% | -3.2 points |
| Q2 2025 | 25% | +1.3 points |
| Q1 2025 | 23% | +2.6 points |
| Q4 2024 | 21% | +4 points |
TMUS has the edge over SIRI on profitability, with a higher operating margin.
SIRI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $291M | +14% |
| Q2 2026 | $592M | +48% |
| Q1 2026 | $166M | +213% |
| Q4 2025 | $536M | +4.3% |
| Q3 2025 | $255M | +963% |
| Q2 2025 | $401M | +18% |
| Q1 2025 | $53M | -60% |
| Q4 2024 | $514M | +17% |
SIRI's free cash flow has been positive every quarter for seven years: $1.6B over the past year, up 30% from the year before.
TMUS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.1B | +5.3% |
| Q2 2026 | $4.8B | +4.4% |
| Q1 2026 | $4.6B | +4.6% |
| Q4 2025 | $4.2B | +25% |
| Q3 2025 | $4.8B | +15% |
| Q2 2025 | $4.6B | +32% |
| Q1 2025 | $4.4B | +79% |
| Q4 2024 | $3.3B | +2% |
TMUS generated $18.7B in free cash flow over the past year, up 8.8% from the year before.
SIRI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +6.1% | +21M shares |
| 1 year | +2% | +7M shares |
| 3 years | -6.1% | -23.5M shares |
| 5 years | -12% | -48.9M shares |
| Available history | -21% | -98.6M shares |
SIRI has 363M diluted shares, up 2% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $33M |
| Q2 2026 | $6M |
| Q1 2026 | $22M |
| Q4 2025 | $45M |
| Q3 2025 | $21M |
| Q2 2025 | $45M |
| Q1 2025 | $25M |
| Q4 2024 | $6M |
SIRI spent $106M buying back its own shares over the past year, up 9.3% from the year before.
TMUS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -10.8M shares |
| 1 year | -4.9% | -55M shares |
| 3 years | -8.8% | -103M shares |
| 5 years | -15% | -182M shares |
| Available history | +24% | +207M shares |
TMUS has the edge over SIRI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.4B |
| Q2 2026 | $2.3B |
| Q1 2026 | $4.8B |
| Q4 2025 | $2.4B |
| Q3 2025 | $2.5B |
| Q2 2025 | $2.6B |
| Q1 2025 | $2.5B |
| Q4 2024 | $4.7B |
TMUS spent $12B buying back its own shares over the past year, down 1.7% from the year before.
SIRI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.3x | High |
| Q2 2026 | 4.4x | High |
| Q1 2026 | 4.9x | High |
| Q4 2025 | 5.1x | High |
| Q3 2025 | 4.6x | High |
| Q2 2024 | 3.7x | Elevated |
| Q1 2024 | 3.8x | Elevated |
| Q4 2023 | 3.8x | Elevated |
SIRI's net debt is about 4.3 years of its operating earnings (EBITDA), down from 4.6 years a year ago.
TMUS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.0x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | 2.4x | Moderate |
TMUS has the edge over SIRI on leverage, with a lower net debt burden relative to earnings.
SIRI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.4 | Neutral |
| Stochastic | 70.1 | Neutral |
SIRI's weekly RSI is 65 (neutral) and its Stochastic is 70 (neutral).
TMUS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.9 | Neutral |
| Stochastic | 42.1 | Neutral |
TMUS's weekly RSI is 48 (neutral) and its Stochastic is 42 (neutral).
SIRI PE vs Communication Services Sector
| Metric | SIRI | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 16x | 21% below |
| PE % | 33 | 26 | 7 pts above |
SIRI has the edge over TMUS on valuation relative to its sector.
TMUS PE vs Communication Services Sector
| Metric | TMUS | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | Same PE |
| PE % | 1 | 26 | 25 pts below |
TMUS is trading at 16x earnings, in line with the Communication Services sector's median of 16x.
SIRI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $28.2 | 12% above |
| 20 week MA | $28.9 | 9.9% above |
| 50 week MA | $25.8 | 23% above |
| 100 week MA | $24.2 | 31% above |
| 200 week MA | $31.7 | 0.1% above |
SIRI has the edge over TMUS on trend strength, trading above more of its moving averages.
TMUS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $159.1 | 7.5% above |
| 20 week MA | $172.0 | 0.5% below |
| 50 week MA | $187.8 | 8.9% below |
| 100 week MA | $212.9 | 20% below |
| 200 week MA | $188.7 | 9.4% below |
TMUS has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 9.4% below its 200-week average.
SIRI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $71.4 | $63.1 | -12% |
| 2021 | $63.1 | $64.3 | +1.9% |
| 2022 | $64.3 | $58.4 | -9.2% |
| 2023 | $58.4 | $54.7 | -6.3% |
| 2024 | $54.7 | $23.1 | -58% |
| 2025 | $23.1 | $20.6 | -11% |
| 2026 YTD | $20.6 | $31.7 | +54% |
SIRI has the edge over TMUS on returns for 2026, with the stronger performance.
TMUS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $77.2 | $132.9 | +72% |
| 2021 | $132.9 | $119.9 | -9.8% |
| 2022 | $119.9 | $140.0 | +17% |
| 2023 | $140.0 | $160.3 | +15% |
| 2024 | $160.3 | $223.0 | +39% |
| 2025 | $223.0 | $201.0 | -9.9% |
| 2026 YTD | $201.0 | $171.0 | -15% |
TMUS has finished higher in four of the last six years. It's down 15% so far in 2026.