Telephone and Data Systems, Inc.

Telephone and Data Systems, Inc.

TDS-PV
Telephone and Data Systems, Inc.US flagNew York Stock Exchange
19.16
USD
-0.19
- -
4.25BMarket Cap
Telephone and Data Systems, Inc.
TDS-PV
(New York Stock Exchange)

Recent

price

19.16

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
35.22
36.53
37.13
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
Book Value per Share
14.73
14.94
15.51
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
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
4,987
5,180
5,345
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
Sales/Revenue/Turnover
6.17
6.98
4.21
-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
Operating Margin (%)
756
766
814
1,018
837
844
850
844
883
932
909
895
929
310
326
352
356
Depreciation Expense
145
201
82
142
-136
219
43
153
135
121
226
156
62
-500
-28
-6
418
Net Income, GAAP
33.31
31.2
37.5
43.04
- -
39.54
43.48
- -
20.81
30.33
6.6
14.93
42.4
- -
- -
- -
14.36
Effective Tax Rate (%)
2.9
3.87
1.53
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
Profit Margin (%)
785
880
982
912
785
1,214
1,180
1,058
1,504
959
1,874
882
540
491
605
483
1,735
Working Capital
1,500
1,530
1,722
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
LT Debt
4,462
4,604
4,657
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
Total Equity
3.45
4.11
2.24
-2.58
- -
1.52
0.9
- -
2.06
1.61
2.78
2.32
0.79
- -
- -
- -
-0.33
Return on Invested Capital (%)
2.98
3.84
1.52
2.71
- -
3.85
1.81
- -
3.06
2.54
3.6
3.08
1.37
- -
- -
- -
4.18
Return on Capital (%)
3.82
5.16
2.05
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
Return on Common Equity (%)

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
2,168
2,013
2,135

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
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Telephone and Data Systems, Inc. (TDS) is a diversified telecommunications company headquartered in Chicago, Illinois, founded in 1969. The company operates primarily in the United States and provides communications services through three main business segments: UScellular Wireless, UScellular Towers (Array Digital Infrastructure), and TDS Telecom. TDS offers a range of products and services including wireless products and services; cable and wireline broadband with high-speed internet; TV entertainment solutions; voice services including traditional phone and VoIP advanced communications; dedicated internet service; data networking; hosted and managed services; and tower leasing to third-party carriers. TDS Telecom delivers fiber-powered internet with speeds up to 8 Gigabit, internet-protocol-based TV entertainment, and phone services to a mix of small to mid-sized urban, suburban, and rural communities nationwide. In recent major developments, TDS completed the sale of its OneNeck IT Solutions and data center business to US Signal in 2024 to focus capital on expanding its fiber broadband program. In 2024, TDS also made a major strategic shift by entering an agreement with T-Mobile US for the acquisition of substantially all wireless activities of UScellular and specific spectrum licenses for approximately $4.4 billion, completing the transaction in 2025. This deal positioned TDS's tower business for growth and value creation. Additionally, TDS acquired TEAM Technologies, LLC, a significant data center services provider in the Upper Midwest, expanding its infrastructure capabilities. The company is executing an aggressive fiber broadband expansion strategy, having delivered over 27,000 marketable fiber service addresses and adding thousands of new residential broadband connections in 2025. Ken Dixon joined as President and CEO of TDS Telecom to lead these efforts. TDS operates across the telecommunications industry, targeting consumer, business, and government customers in the U.S. Its subsidiaries include TDS Telecom, which services approximately 1.1 million connections, and Array Digital Infrastructure, which manages the tower leasing business. The company’s strategic focus centers on growing fiber broadband services, strengthening tower operations, and leveraging wireless infrastructure to enhance connectivity nationwide. Its comprehensive portfolio and operational focus on expanding fiber networks and managing wireless assets underpin its position as a key player in the U.S. telecommunications market.