THRY
Thryv Holdings, Inc.
THRY trails on the overall score without a compensating advantage in the available component scores.
TMUS
T-Mobile US, Inc.
TMUS has the edge over THRY overall, supported by lower modeled downside and stronger valuation.
THRY Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Stable | |
| Under pressure |
THRY's cash flow is currently stable, but its revenue, profitability and balance sheet are under pressure.
TMUS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Strong |
TMUS's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
THRY PE Valuation
THRY has no meaningful PE right now: it lost money over the past year.
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's PE is in its cheap range at 16x. If earnings grow as analysts expect, today's price would be 13x next year's earnings.
THRY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect THRY's losses to grow, with revenue declining.
TMUS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
TMUS has the edge over THRY on the outlook, with more favorable earnings and revenue expectations.
THRY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.81 | -662% |
| Q2 2026 | -$0.36 | +$1.92 |
| Q1 2026 | $0.33 | +$2.77 |
| Q4 2025 | $0.01 | +$2.01 |
| Q3 2025 | $0.50 | +$10.15 |
| Q2 2025 | -$2.28 | +$5.50 |
| Q1 2025 | -$2.44 | +$5.06 |
| Q4 2024 | -$2.00 | +$5.47 |
THRY has swung to a loss: it lost $2.81 per share over the past year, after a profit the year before.
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 THRY on earnings quality, reporting a profit while its opponent remains loss making.
THRY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $118.9M | -41% |
| Q2 2026 | $150.7M | -28% |
| Q1 2026 | $167.7M | -7.5% |
| Q4 2025 | $191.6M | +2.7% |
| Q3 2025 | $201.6M | +12% |
| Q2 2025 | $210.5M | -6.1% |
| Q1 2025 | $181.4M | -22% |
| Q4 2024 | $186.6M | -21% |
THRY's revenue has slid since its 2020 peak: $119M last quarter, down 41% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -93% | -103 points |
| Q2 2026 | -0.8% | -15 points |
| Q1 2026 | 2.4% | +4.1 points |
| Q4 2025 | 5.3% | +9.2 points |
| Q3 2025 | 9.9% | +59 points |
| Q2 2025 | 14% | +0.1 points |
| Q1 2025 | -1.7% | -15 points |
| Q4 2024 | -3.9% | +99 points |
THRY's operating margin was −93% last quarter, down 103 points from the same quarter a year ago, near the bottom of its range since 2019.
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 THRY 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 THRY on profitability, with a higher operating margin.
THRY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $4.7M | -68% |
| Q2 2026 | $16.7M | -23% |
| Q1 2026 | -$5.5M | +$12.1M |
| Q4 2025 | $12.3M | -29% |
| Q3 2025 | $14.6M | -47% |
| Q2 2025 | $21.8M | +64% |
| Q1 2025 | -$17.6M | -$15.7M |
| Q4 2024 | $17.3M | -49% |
THRY still generates free cash flow, though less than at its 2019 peak: $28M over the past year.
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 has the edge over THRY on cash flow, with more consistent year-over-year improvement.
THRY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +80K shares |
| 1 year | 0% | -20.9K shares |
| 3 years | +28% | +9.6M shares |
| 5 years | +18% | +6.8M shares |
| Available history | +27% | +9.4M shares |
THRY has 44M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | $5M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
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 THRY 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.
THRY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.3x | Elevated |
| Q1 2026 | 2.5x | Moderate |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 3.1x | Elevated |
| Q4 2024 | 13.8x | High |
| Q3 2023 | 8.2x | High |
| Q2 2023 | 4.1x | High |
| Q1 2023 | 2.7x | Moderate |
THRY's net debt is about 3.3 years of its operating earnings (EBITDA), down from 14 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 THRY on leverage, with a lower net debt burden relative to earnings.
THRY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 25.7 | Oversold |
| Stochastic | 4.1 | Oversold |
THRY's weekly RSI is 26 (oversold) and its Stochastic is 4 (oversold).
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).
THRY PE vs Communication Services Sector
| Metric | THRY | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
THRY has no meaningful PE right now: it lost money over the past year.
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.
THRY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.32 | 26% below |
| 20 week MA | $2.25 | 56% below |
| 50 week MA | $3.33 | 71% below |
| 100 week MA | $8.17 | 88% below |
| 200 week MA | $14.3 | 93% below |
THRY is in a downtrend: it's below all five of its weekly moving averages, and 93% below its 200-week average.
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 the edge over THRY on trend strength, trading above more of its moving averages.
THRY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.7 | $11.5 | +7.8% |
| 2021 | $11.5 | $39.7 | +246% |
| 2022 | $39.7 | $18.6 | -53% |
| 2023 | $18.6 | $20.4 | +9.7% |
| 2024 | $20.4 | $14.8 | -27% |
| 2025 | $14.8 | $6.10 | -59% |
| 2026 YTD | $6.10 | $0.98 | -84% |
THRY's yearly returns have swung widely, from +246% in 2021 to −59% in 2025. It's down 84% so far in 2026.
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 the edge over THRY on returns for 2026, with the stronger performance.