Telephone and Data Systems, Inc. TDS R2K

Communication Services · Telecom Services · United States

https://www.tdsinc.com

Telephone and Data Systems, Inc., a telecommunications company, provides communications services to residential, commercial, and wholesale customers in the United States. It operates through two segments: TDS Telecom and Array. The company offers internet connections and all-home Wi-Fi services, fiber internet, security, and support services; advanced home TV entertainment combined with a digital video recording (DVR) services; TDS TV+, an integrated cloud TV platform that combines linear and on-demand programming, mobile device interfaces, personalized recommendations, and network-based DVR; digital television; local and long-distance telephone service, voice over internet protocol, and enhanced services; wireless services to customers; broadband, IP-based services, and hosted voice and video collaboration services to small- and medium-sized businesses; carrying data and voice traffic services; wholesale services; and communication services in underserved areas. The company is also leases tower spaces to tenants; provides ancillary services. The company sells and distributes its products through third-party direct sales, retail stores, sales agents, and an online platform to sell services and products. Telephone and Data Systems, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

Market & Price

Market Cap

$4.45B

Current Price

$39.11

High / Low (52W)

$47.55 / $33.01

Beta

0.34

Valuation

Stock P/E

23.01

Industry PE

23.46

Forward P/E

PEG Ratio

7.79

Book Value

$32.82

Price to Book

1.19

P/S

3.57

EV/EBITDA

17.87

Dividend Yield

0.41%

Profitability & Returns

ROCE

2.53%

ROE

6.01%

ROA

-0.18%

Profit Margin

10.49%

Op Margin

-1.19%

EPS (Latest Qtr)

$1.09

EPS (TTM)

$1.70

Balance Sheet & Liquidity

Debt/Equity

0.24

Quick Ratio

3.31

Current Ratio

3.43

Debt

$1.25B

Total Assets

$8.40B

Current Assets

$923.47M

Working Capital

$483.16M

Ownership

Promoter Holding

8.77%

Chg in Prom Hold

FII / Inst Holding

97.28%

Chg in FII Hold

Financial Snapshot

Enterprise Value

$5.75B

Total Revenue (TTM)

$1.25B

EBITDA

$321.96M

Free Cash Flow

$623.67M

Operating Cash Flow

$471.74M

Shares Outstanding

106.31M

Gross Margin

59.60%

Payout Ratio

9.41%

Growth (CAGR)

Revenue 5Y

-39.01%

Profit 5Y

-36.69%

Revenue (YoY)

6.50%

Earnings (YoY)

PROS

Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

Revenue declined at -39.0% CAGR over 5 years.
Earnings shrank at -36.7% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Communication Services).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	TDS Telephone and Data Systems, Inc. R2K	39.11	23.01	$4.45B	0.41%	2.53%	6.01%	-39.01%	-36.69%
2	GOOGL Alphabet Inc. NDXSPXAI	380.34	28.99	$4.61T	0.23%	32.40%	38.88%	12.51%	30.14%
3	META Meta Platforms, Inc. NDXSPXAI	632.51	22.99	$1.61T	0.33%	26.87%	32.93%	19.89%	37.61%
4	NFLX Netflix, Inc. NDXSPXAI	86.02	27.75	$362.21B	-	30.26%	48.49%	12.64%	34.71%
5	APP AppLovin Corporation NDXSPXAI	613.09	53.17	$205.96B	-	70.20%	-	24.84%	609.87%
6	TMUS T-Mobile US, Inc. NDXSPX	187.53	19.93	$202.95B	2.18%	9.27%	18.02%	3.53%	61.90%
7	VZ Verizon Communications Inc. SPX	47.81	11.66	$199.63B	5.92%	8.59%	17.20%	0.33%	-6.86%
8	DIS The Walt Disney Company SPX	101.83	16.29	$176.83B	1.47%	8.46%	11.01%	4.51%	58.00%
9	T AT&T Inc. SPX	24.80	8.16	$172.32B	4.48%	9.23%	18.37%	1.34%	119.18%

Quarterly Results

Figures in USD.

Metric	Sep 2013	Mar 2014	Jun 2014	Sep 2014	Mar 2015	Jun 2015	Sep 2015	Mar 2016	Jun 2016	Sep 2016	Mar 2017	Jun 2017	Sep 2017	Mar 2018	Jun 2018	Sep 2018	Mar 2019	Jun 2019	Sep 2019	Mar 2020	Jun 2020	Sep 2020	Mar 2021	Jun 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	1.20B	1.23B	1.27B	1.24B	1.24B	1.29B	1.24B	1.24B	1.30B	1.29B	1.28B	1.30B	1.29B	1.32B	1.36B	1.27B	1.24B	1.25B	1.23B	1.21B	-	-	290.43M	1.19B	308.52M	330.71M	309.45M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	123.83M	492.00M	128.63M	128.90M	124.49M
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	166.60M	694.00M	179.89M	201.81M	184.96M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200.74M	657.00M	197.93M	193.65M	188.65M
Operating Income	-33.09M	20.68M	-49.09M	-125.42M	283.00M	32.00M	93.00M	26.00M	53.00M	33.00M	81.00M	27.00M	-233.00M	80.00M	61.00M	51.00M	94.00M	48.00M	29.00M	72.00M	78.00M	87.00M	110.00M	58.00M	69.00M	95.00M	63.00M	-11.00M	29.00M	33.00M	48.00M	67.00M	39.00M	-	-	-34.14M	37.00M	-18.05M	8.17M	-3.69M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	95.91M	478.67M	145.03M	187.41M	325.10M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23.91M	70.00M	47.28M	12.32M	5.32M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12.33M	21.00M	6.01M	85.30M	233.84M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8.12M	3.00M	-72.77M	22.93M	54.41M
Net Income	-9.51M	18.25M	-22.04M	-116.03M	146.00M	23.00M	51.00M	8.00M	28.00M	13.00M	37.00M	10.00M	-181.00M	39.00M	33.00M	46.00M	59.00M	33.00M	18.00M	69.00M	65.00M	78.00M	59.00M	27.00M	40.00M	61.00M	35.00M	-8.00M	8.00M	-2.00M	0	29.00M	3.00M	-	-	7.47M	12.00M	-81.75M	56.47M	144.59M
Diluted EPS	-0.09	0.16	-0.20	-1.07	1.33	0.21	0.46	0.07	0.25	0.11	0.33	0.09	-1.64	0.34	0.29	0.41	0.50	0.28	0.15	0.59	0.56	0.66	0.48	0.17	0.24	0.37	0.15	-0.22	-0.08	-0.17	-0.16	0.10	-0.13	-	-	-0.09	-0.05	-0.85	0.33	1.09

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	-	-	-	-	-	-	-	5.02B	5.08B	5.12B	-	5.41B	1.36B	1.30B	1.23B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.56B	688.72M	590.26M	503.26M
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.85B	666.39M	706.72M	724.95M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.70B	798.91M	812.39M	786.95M
Operating Income	128.75M	407.84M	296.09M	362.50M	183.86M	235.36M	-190.00M	431.00M	108.00M	-108.00M	205.00M	179.00M	259.00M	-	151.00M	-132.52M	-105.67M	-62.00M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.23B	-191.23M	330.88M	553.51M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	174.00M	62.18M	108.58M	112.67M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	125.00M	-563.48M	-103.39M	88.96M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53.00M	-15.80M	-22.07M	-62.18M
Net Income	88.50M	191.35M	144.85M	200.57M	81.86M	141.93M	-136.00M	219.00M	43.00M	153.00M	135.00M	121.00M	226.00M	-	62.00M	-500.01M	-27.70M	-6.24M
Diluted EPS	0.76	1.67	1.31	1.83	0.75	1.29	-1.26	1.98	0.39	1.37	1.17	1.03	1.93	-	-0.07	-5.05	-0.85	-0.66

Compounded Sales Growth

5 Years:	-39.01%
1 Year:	6.50%

Compounded Profit Growth

5 Years:	-36.69%
1 Year:	-

Stock Price Performance

1 Year:	+14.30%
6 Months:	-0.08%
3 Months:	-12.52%
1 Month:	-11.76%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	7.67B	7.58B	7.70B	8.20B	8.62B	8.86B	8.85B	9.42B	9.45B	9.29B	9.78B	10.78B	12.53B	-	14.55B	13.92B	13.68B	8.40B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.05B	1.68B	1.70B	923.47M
Cash & Equivalents	1.17B	772.68M	674.47M	341.68M	563.27M	740.48M	830.00M	472.00M	985.00M	900.00M	619.00M	921.00M	465.00M	1.43B	-	360.00M	236.00M	363.61M	765.95M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	268.00M	208.00M	4.05M	4.06M
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.07B	992.00M	57.14M	68.74M
Total Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7.93B	7.91B	7.80B	3.13B
Current Liabilities	-	-	799.71M	785.77M	874.13M	924.61M	1.19B	1.06B	944.00M	887.00M	918.00M	879.00M	962.00M	1.15B	-	1.51B	1.18B	1.09B	440.31M
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.73B	4.08B	2.42B	823.36M
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.80B	5.14B	3.02B	1.40B
Total Equity	-	-	3.76B	3.82B	3.96B	4.01B	4.12B	3.93B	4.13B	4.14B	4.27B	4.56B	4.65B	4.80B	-	5.85B	5.20B	5.09B	4.80B
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	133.00M	133.52M	133.54M	133.24M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	848.89M	1.10B	1.08B	1.26B	1.11B	-	-	790.00M	782.00M	776.00M	1.02B	1.02B	1.53B	-	1.16B	1.14B	1.15B	589.89M
Investing Cash Flow	-902.75M	-768.10M	-1.21B	-866.09M	-998.07M	-	-	-743.00M	-808.00M	-981.00M	-680.00M	-1.25B	-1.51B	-	-1.78B	-1.33B	-754.50M	2.14B
Financing Cash Flow	-343.28M	-427.46M	-200.96M	-168.03M	70.10M	-	-	461.00M	-59.00M	-77.00M	-32.00M	-220.00M	957.00M	-	613.00M	56.04M	-277.46M	-2.35B
Capital Expenditure	-	-	-	-	-	-	-	-	-	-	-	-	-1.34B	-	-1.77B	-771.66M	-384.64M	-394.70M
Free Cash Flow	-	-	-	-	-	-	-	-	-	-	-	-	194.00M	-	-620.00M	369.49M	761.23M	195.19M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15.00M	-129.97M	113.91M	386.93M
Share Buybacks	197.67M	178.54M	68.05M	21.50M	20.03M	9.69M	39.00M	0	3.00M	0	0	0	14.00M	8.00M	40.00M	5.81M	0	108.13M

Ratios (Annual)

Figures in %.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52.6%	49.2%	54.5%	59.0%
Operating Margin %	-	-	-	-	-	-	-	-	-	-	4.1%	3.5%	5.1%	-	2.8%	-9.8%	-8.1%	-5.0%
Net Margin %	-	-	-	-	-	-	-	-	-	-	2.7%	2.4%	4.4%	-	1.1%	-36.9%	-2.1%	-0.5%
ROE %	-	5.1%	3.8%	5.1%	2.0%	3.4%	-3.5%	5.3%	1.0%	3.6%	3.0%	2.6%	4.7%	-	1.1%	-9.6%	-0.5%	-0.1%
ROCE %	-	6.0%	4.3%	4.9%	2.4%	3.1%	-2.4%	5.1%	1.3%	-1.3%	2.3%	1.8%	2.3%	-	1.2%	-1.0%	-0.8%	-0.8%

Shareholding Pattern

Insiders

8.77%

Institutions

97.28%

Public Float

106.63%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	14.04%	14.92M	$583.61M
2	Third Point, LLC	6.21%	6.60M	$258.13M
3	Dimensional Fund Advisors LP	6.10%	6.48M	$253.52M
4	Vanguard Portfolio Management LLC	5.89%	6.26M	$244.68M
5	Carronade Capital Management, Lp	4.35%	4.62M	$180.84M
6	Vanguard Capital Management LLC	4.05%	4.30M	$168.36M
7	Oaktree Capital Management LP	4.04%	4.29M	$167.87M
8	State Street Corporation	3.94%	4.19M	$163.93M
9	American Century Companies Inc	3.47%	3.69M	$144.26M
10	Geode Capital Management, LLC	2.26%	2.40M	$94.04M

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TDS · Communication Services