Telephone and Data Systems, Inc.

Telephone and Data Systems, Inc.

TDS
Telephone and Data Systems, Inc.US flagNew York Stock Exchange
35.21
USD
+0.17
- -
3.74BMarket 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
10.96
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
3.03
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
-3.94
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
37.86
36.39
37.87
37.67
38.46
40
40.46
42.01
42.2
42.63
36.36
35.07
32.76
35.59
Tangible Book Value per Share
15.28
12.91
11.24
10.96
11.25
14.06
12.06
12.29
0.11
-6.03
-6.68
4.95
17.16
20.71
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
1,258
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
-2.69
Depreciation Expense
1,018
837
844
850
844
883
932
909
895
929
310
326
352
356
Net Income, GAAP
142
-136
219
43
153
135
121
226
156
62
-500
-28
-6
418
Effective Tax Rate (%)
43.04
- -
39.54
43.48
- -
20.81
30.33
6.6
14.93
42.4
- -
- -
- -
14.36
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
33.2
Working Capital
912
785
1,214
1,180
1,058
1,504
959
1,874
882
540
491
605
483
1,735
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
1,212
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
5,402
Return on Invested Capital (%)
-2.58
- -
1.52
0.9
- -
2.06
1.61
2.78
2.32
0.79
- -
- -
- -
-0.33
Return on Capital (%)
2.71
- -
3.85
1.81
- -
3.06
2.54
3.6
3.08
1.37
- -
- -
- -
4.18
Return on Common Equity (%)
3.49
-3.38
5.44
1.04
3.64
3.06
2.63
4.78
2.42
-0.15
-12.79
-2.38
-1.95
8.68

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
31
34
37
LT Borrowings
823
673
671
LT Finance Leases
550
548
541
Preferred Equity and Hybrid Capital
1,074
1,074
1,074
Shares Outstanding
114
114
115
Market Capitalization
4,665
4,793
4,260

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
923
1,520
2,351
Cash, Cash Equivalents & STI
766
1,367
2,194
Accounts Receivable, Net
69
63
63
Inventories
4
4
4
Total Current Liabilities
440
444
616
Payables & Accruals
165
239
393
ST Debt
31
34
37
Deferred Revenue
125
84
66

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
299
309
331
1,228
2026
309
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
-0.05
-0.85
0.34
-0.66
2026
1.12
2.45
- -
- -
- -

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
0.19
- -
- -
- -

Company Description

APIChatGPT
CEO
Walter Carlson
Full Time Employees
4,000
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

APIChatGPT
  • TDS Stock Down 20.2% in 3 Months as Fiber Growth Meets Fresh Risks

  • TDS Q2 Earnings Highlight Fiber Growth and Spectrum Monetization Gains

  • TDS Stock Buy, Hold or Wait as Fiber Growth Tests Execution Risks

  • TDS Q2 Earnings Beat Estimates on Spectrum Gains, Fiber Growth

  • Telephone and Data Systems Q2 Earnings Call Highlights

  • Telephone and Data Systems, Inc. (TDS) Q2 2026 Earnings Call Transcript

  • Compared to Estimates, TDS (TDS) Q2 Earnings: A Look at Key Metrics

  • TDS reports second quarter 2026 results

  • TDS and Array to release second quarter operating results and host conference call on August 7, 2026

  • 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