Telephone and Data Systems, Inc.

Telephone and Data Systems, Inc.

TDS
Telephone and Data Systems, Inc.US flagNew York Stock Exchange
40.15
USD
+0.12
- -
4.27BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
45.18
46.17
47.95
46.86
45.44
45.62
45.4
45.83
46.34
47.48
12.02
11.38
10.66
18.57
Basic EPS, GAAP
1.31
-1.25
2.02
0.39
1.38
1.21
1.06
1.98
1.02
-0.06
-5.05
-0.85
-0.66
0.54
Free Cash Flow per Basic Share
-3.59
-3.72
-0.1
1.33
0.82
2.13
0.47
1.44
-11.79
-5.44
3.28
6.68
1.69
-0.05
Dividend per Share
0.51
0.53
0.56
0.59
0.62
0.64
0.66
0.68
1.03
1.32
1.35
0.92
0.76
0.76
Book Value per Share
23.33
21.49
22.9
22.32
22.76
23.72
23.45
24.59
24.46
23.68
17.95
16.23
14.72
15.79
Tangible Book Value per Share
20.41
17.71
16.6
16.47
16.87
20.96
18.85
19.34
7.23
0.8
0.43
11.92
21
21.07
Basic Weighted Avg Shares
108
108
109
110
111
112
114
114
115
114
113
114
115
115
Sales/Revenue/Turnover
4,901
5,009
5,210
5,155
5,044
5,109
5,176
5,225
5,329
5,413
1,355
1,297
1,228
2,135
Operating Margin (%)
-5.92
-4.07
3.26
2.21
3.01
3.84
3.67
5.38
5.35
2.79
-9.78
-8.15
-5.05
1.1
Depreciation Expense
1,018
837
844
850
844
883
932
909
895
929
310
326
352
353
Net Income, GAAP
142
-136
219
43
153
135
121
226
156
62
-500
-28
-6
131
Effective Tax Rate (%)
43.04
- -
39.54
43.48
- -
20.81
30.33
6.6
14.93
42.4
- -
- -
- -
2.19
Profit Margin (%)
2.9
-2.72
4.2
0.83
3.03
2.64
2.34
4.33
2.93
1.15
-36.9
-2.14
-0.51
6.15
Working Capital
912
785
1,214
1,180
1,058
1,504
959
1,874
882
540
491
605
483
1,076
LT Debt
1,720
1,941
2,440
2,433
2,437
2,418
3,247
4,364
3,888
4,639
4,970
2,957
1,373
1,221
Total Equity
4,671
4,456
4,705
4,751
4,893
5,304
5,415
5,603
6,745
6,615
6,008
5,884
5,267
5,263
Return on Invested Capital (%)
-2.58
- -
1.52
0.9
- -
2.06
1.61
2.78
2.32
0.79
- -
- -
- -
0.26
Return on Capital (%)
3.6
- -
5.05
2.36
- -
4.04
3.32
4.56
3.82
1.68
- -
- -
- -
3.15
Return on Common Equity (%)
5.68
-5.6
9.09
1.74
6.14
5.21
4.54
8.25
4.17
-0.25
-24.1
-5
-4.26
3.43

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
30
31
34
LT Borrowings
825
823
673
LT Finance Leases
555
550
548
Preferred Equity and Hybrid Capital
1,074
1,074
1,074
Shares Outstanding
116
114
114
Market Capitalization
4,514
4,724
4,839

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,080
923
1,520
Cash, Cash Equivalents & STI
933
766
1,367
Accounts Receivable, Net
59
69
63
Inventories
4
4
4
Total Current Liabilities
571
440
444
Payables & Accruals
264
165
239
ST Debt
30
31
34
Deferred Revenue
165
125
84

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.47%
-0.66%
-10.48%
Free Cash Flow
-228.51%
-221.81%
-74.36%
Net Income, GAAP
-92.96%
-233.93%
-77.49%
Sales/Revenue/Turnover
-8.07%
-16.2%
-5.3%
Total Cash Common Dividend
-7.33%
-19.72%
-47.54%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,262
1,238
327
1,240
1,297
2025
290
1,186
309
331
1,228
2026
309
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
-0.12
-0.73
-0.1
-0.85
2025
-0.09
-0.04
-0.85
0.34
-0.66
2026
1.12
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
0.19
0.19
0.18
0.92
2025
0.19
0.19
0.19
0.19
0.76
2026
0.19
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Walter Carlson
Full Time Employees
7,900
Sector
Communication Services
Industry
Telecommunications Services
Address
30 North LaSalle Street Chicago IL United States of America 60602
IPO Date
Dec 15, 1981
Website
tdsinc.com
Business
Telephone and Data Systems, Inc. (TDS) operates as a diversified telecommunications holding company, providing wireless, broadband, cable television, voice, and related services primarily through its subsidiaries UScellular and TDS Telecom to approximately 5.5 million connections nationwide across the United States. Founded in 1969 and headquartered in Chicago, Illinois, TDS offers postpaid and prepaid wireless services including voice, data, IoT solutions, software applications for business automation and fleet management, private cellular networks, smartphones, tablets, wearables, mobile hotspots, accessories, repair services, and trade-in programs; broadband internet up to 8 Gigabit speeds powered by fiber-optics, TDS TV+ cloud television platform, local and long-distance telephone, VoIP, hosted voice and video collaboration; dedicated internet, data networking, and managed services for businesses; and tower leasing operations with over 4,400 owned towers supporting colocation tenants. UScellular, the wireless segment, delivers national coverage with 4G LTE and 5G networks focused on rural and mid-sized markets, while TDS Telecom serves small to mid-sized urban, suburban, and rural communities in 31 states with 1.1 million connections emphasizing fiber expansion in nearly 100 communities. Recent developments include the May 2024 agreement to sell UScellular's wireless operations and select spectrum assets to T-Mobile US, Inc. expected to close mid-2025; spectrum sales to Verizon, AT&T, and T-Mobile totaling over $2.2 billion; the June 2024 sale of OneNeck IT Solutions to US Signal for general corporate purposes including fiber investments; a May 2024 $375 million unsecured debt financing to fund fiber network growth targeting 1.2 million marketable fiber addresses; and 2025 plans to deliver 150,000 new fiber service addresses with internal construction handling over one-third in key states. TDS employs about 7,900 associates and reported 2024 operating revenues of $4.9 billion.

Company News

MCPAPIChat
  • Telephone and Data Systems Preferreds: High Qualified Yield And Improving Credit Profile

  • Diameter Capital Sells All Telephone and Data System Shares

  • Telephone and Data Systems Inc (TDS) Shares Fall 4.6% -- GF Value Says Still Overvalued

  • TDS announces second quarter 2026 dividends

  • Telephone and Data Systems, Inc. (TDS) Shareholder/Analyst Call Prepared Remarks Transcript

  • Telephone and Data Systems Q1 Earnings Call Highlights

  • TDS AND ARRAY TO WEBCAST ANNUAL MEETINGS OF SHAREHOLDERS

  • TDS Q1 Earnings Surpass Estimates on Spectrum Sale Gains

  • Telephone and Data Systems, Inc. (TDS) Q1 2026 Earnings Call Transcript

  • Compared to Estimates, TDS (TDS) Q1 Earnings: A Look at Key Metrics

  • TDS reports first quarter 2026 results

  • Array Digital Infrastructure Forms Special Committee of Independent Directors in Response to Receipt of Non-Binding Proposal from TDS

  • Telephone and Data Systems Announces Proposal to Acquire Public Shares of Array Digital Infrastructure

  • Insights Into TDS (TDS) Q1: Wall Street Projections for Key Metrics

  • TDS and Array to release first quarter operating results and host conference call on May 8, 2026

  • TDS Names Bill Case Senior Vice President and Chief Information Officer

  • Telephone And Data Systems: Preferreds Remain The Best Income Play Post Deleveraging

  • SG Americas Securities LLC Purchases 30,670 Shares of Telephone and Data Systems, Inc. $TDS

  • Telephone and Data Systems, Inc. (NYSE:TDS) Receives $53.33 Average PT from Analysts

  • Telephone and Data Systems (NYSE:TDS) Stock Passes Above 200-Day Moving Average – Should You Sell?