Telephone and Data Systems, Inc. TDS

35.85 (0.48) (1.32%) as of 25 Sep
Market cap
$3.9B
P/E
11.7×

Insider Decisions

Total sells 3.88
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — 1 — — — 1 — — — — — 1
Insider Ownership 12.82%

Capital & Financial Ratios

Market Cap 3,910.00
Revenue 1,257.96
Net Income 533.89
Free Cash Flow (452.31)
Net Debt (1,513.92)
Current Ratio 3.82
Debt/Equity 0.13
P/E ratio 11.72
P/S ratio 3.26
P/B ratio 0.95
Past 5Y EPS Growth —
This Y EPS Growth 669.37%
Next Y EPS Growth (94.16%)
Next 5Y EPS Growth 56.11%
in millions of $

Dividends

Payout Ratio 1.74
Annual Dividend Rate 0.74
Annual Dividend Yield 3.99%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.17
0.04
0.04
0.04
2025 0.16
0.04
0.04
0.04
0.04
2024 0.31
0.19
0.04
0.04
0.04
2023 0.74
0.19
0.19
0.19
0.19
2022 0.72
0.18
0.18
0.18
0.18
2021 0.70
0.18
0.18
0.18
0.18
2020 0.68
0.17
0.17
0.17
0.17
2019 0.66
0.17
0.17
0.17
0.17
2018 0.64
0.16
0.16
0.16
0.16
2017 0.62
0.16
0.16
0.16
0.16
2016 0.59
0.15
0.15
0.15
0.15
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 236 364 766 2,194
Receivables 1,078 99 110 106
Inventory 208 4 4 4
Other 52 34 15 13
1,660 1,695 923 2,351
2023 2024 2025 Q'26
Payables 360 75 116 130
ST’ Debt 26 31 5 9
Other 447 92 166 121
1,184 1,090 440 616
in millions of $

Compound Annual Growth

10y 5y 3y
Sales (13.45%) (25.14%) (39.01%)
Cash Flow (2.88%) (17.38%) (20.07%)
Earnings 0.00% 0.00% 0.00%
Book Value 1.14% (1.19%) (7.26%)

Revenue

Mar Jun Sep Dec Year
’26 309 309 — — —
’25 290 299 309 331 1,228
’24 1,262 1,238 327 — 1,297
’23 1,303 1,267 1,278 — 1,355
’22 1,315 1,349 1,392 1,357 5,413
’21 1,318 1,311 1,328 1,372 5,329
’20 1,261 1,263 1,324 1,377 5,225
in millions of $ · fiscal quarters ending in the months shown
value withheld pending a data check

Operating Cash Flow

Mar Jun Sep Dec Year
’26 67 56 — — —
’25 186 422 (37) 20 590
’24 224 402 307 213 1,146
’23 46 468 409 218 1,141
’22 381 353 167 254 1,155
’21 165 316 382 240 1,103
’20 367 439 360 366 1,532
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (82) (113) — — —
’25 119 333 (149) (109) 195
’24 (22) 182 487 114 761
’23 (290) 167 116 376 369
’22 (458) 80 (118) (124) (620)
’21 (1,316) 76 89 (205) (1,356)
’20 (36) 72 47 81 164
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 1.09 2.42 — — —
’25 (0.09) (0.05) (0.84) 0.33 (0.65)
’24 0.10 (0.13) (0.73) (0.10) (0.85)
’23 (0.08) (0.17) (0.16) (4.64) (5.06)
’22 0.37 0.15 (0.22) (0.38) (0.07)
’21 0.48 0.17 0.24 0.11 1.00
’20 0.59 0.56 0.66 0.12 1.93
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
20.83 24.57 23.54 21.44 14.05 17.18 9.65 6.44 13.69 31.07

Analyst estimates 2026–2028

Powerpack
Low Price
32.00 32.98 36.52 37.29 25.64 26.51 21.47 21.75 35.39 42.74
High Price
10,300 9,900 9,400 9,400 9,200 8,800 9,300 8,800 7,900 4,000
Employees
1 1 1 1 1 1 1 0 0 0
Revenue/Emp
5,155 5,044 5,109 5,176 5,225 5,329 5,413 1,355 1,297 1,228
Revenue
52.88% 53.23% 54.28% 54.85% 54.95% 53.61% 52.61% 49.18% 54.49% 59.02%
Gross Margin
92 (122) 221 211 288 221 125 (563) (103) 89
EBT
1.78% (2.42%) 4.33% 4.08% 5.51% 4.15% 2.31% (41.58%) (7.97%) 7.24%
EBT Margin
52 157 175 147 269 188 72 (487) (26) 20
Net Income
850 1,106 883 932 909 895 929 310 326 352
Depreciation
46.86 45.44 45.62 45.40 45.83 46.34 47.48 12.02 11.41 10.66
Revenue/Sh
0.39 1.39 1.20 1.06 1.97 1.03 (0.07) (5.05) (0.85) (0.66)
Earnings/Sh
7.11 6.99 9.08 8.91 13.44 9.59 10.13 10.12 10.08 5.12
Cash Flow/Sh
(5.78) (6.17) (7.09) (8.44) (12.00) (21.38) (15.57) (6.84) (3.38) (3.43)
Capex/Sh
1.33 0.82 1.99 0.47 1.44 (11.79) (5.44) 3.28 6.69 1.69
Free CF/Sh
43.18 44.07 47.26 47.40 49.06 58.56 57.92 53.18 51.60 45.73
Book Value/Sh
110 111 112 114 114 115 114 113 114 115
Shares
77.95 20.23 27.12 23.99 9.43 19.56 0.00 0.00 0.00 0.00
PE Ratio
0.65 0.61 0.71 0.56 0.41 0.43 0.23 1.51 2.99 3.84
PS Ratio
0.70 0.63 0.69 0.54 0.38 0.41 0.23 0.42 0.81 1.13
PB Ratio
0.95 0.96 1.01 0.92 0.79 0.92 0.86 4.37 4.60 3.90
EV/Sales
33.49 53.16 21.35 88.15 25.09 (3.60) (7.49) 16.02 7.83 24.52
EV/FCF
782 776 1,017 1,016 1,532 1,103 1,155 1,141 1,146 590
Op' Cash Flow
(636) (685) (794) (962) (1,368) (2,459) (1,775) (772) (385) (395)
Capex
146 91 223 54 164 (1,356) (620) 369 761 195
FCF
1,172 1,048 1,451 959 1,873 864 514 476 605 483
Working Cap'
2,445 2,457 2,439 2,326 3,429 2,934 3,750 4,106 2,447 829
Total Debt
1,545 1,738 1,501 1,861 1,997 2,567 3,390 3,870 2,083 63
Net Debt
4,750 4,892 5,293 5,404 5,593 6,734 6,603 5,996 5,868 5,267
Sh' Equity
0.46% 1.63% 1.42% 1.18% 1.94% 0.90% (0.05%) (4.00%) (0.70%) (0.68%)
ROA
1.07% (1.02%) 1.89% 1.54% 2.13% 1.75% 0.76% (4.32%) (1.50%) (1.14%)
ROIC
0.91% 3.17% 2.65% 2.26% 4.11% 2.08% (0.13%) (10.89%) (2.00%) (1.68%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Telephone and Data Systems, Inc. peers in Telecom Services

All 55 Telecom Services stocks →

Telephone and Data Systems, Inc. (TDS) key facts

  • Telephone and Data Systems, Inc. (TDS) is a Telecom Services company in the Communication Services sector, listed on the New York Stock Exchange.
  • As of September 25, 2026, TDS traded at $35.85, a market capitalization of $3.9 billion.
  • Telephone and Data Systems, Inc. pays an annual dividend of $0.74 per share, a yield of 3.99%, with a payout ratio of 174.4%.
  • Return on equity was −1.68% and debt-to-equity 0.13.

Source: company filings (standardised) and stockrow calculations.

Telephone and Data Systems, Inc. (TDS) Latest News

News by impact score

Fine-tune

25 Aug

4

Telephone and Data Systems, Inc. (TDS) stands out as a growth stock with explosive upside while two other companies face challenges. Explosive upside designation signals major positive shifts in TDS trajectory and investor sentiment.

19 Aug

3

Telephone and Data Systems sits on the shortlist of potential buyers for Ziff Davis. Shortlist status for Ziff Davis purchase may moderately shift TDS valuation and strategy.

18 Aug

3

Fiber growth at Telephone and Data Systems collides with legacy revenue pressure. Fiber expansion faces offsetting legacy revenue declines that limit overall trajectory shifts.

13 Aug

3

Telephone and Data Systems reported strong Q2 profits. The results highlight a potential valuation gap that may be too wide relative to earnings performance. Strong quarterly profits can moderately lift near-term investor sentiment and share price without altering core operations or long-term strategy.

12 Aug

3

TDS stock declined 20.2% over three months as fiber growth encounters new risks. Fiber growth risks have driven a notable stock drop and may affect financial performance without transforming overall trajectory.

3

TDS Q2 earnings highlight fiber growth and spectrum monetization gains. Q2 results point to fiber expansion and spectrum gains that moderately support operational trajectory.

3

TDS weighs fiber growth opportunities against execution risks when deciding on stock buy, hold or wait positions. Fiber rollout execution directly shapes TDS financial results and investor positioning.

10 Aug

4

Telephone and Data Systems reported Q2 earnings that beat estimates, driven by spectrum gains and fiber growth. Q2 earnings beat combined with spectrum gains and fiber growth signals major positive shifts in financial performance and market positioning.

9 Aug

3

TDS released Q2 earnings call highlights covering financial results, operational metrics, and strategic updates. Quarterly earnings updates typically affect near-term sentiment and valuation multiples without altering core strategy.

7 Aug

3 transcript

TDS held its Q2 2026 earnings call, reporting financial results and operational updates. Quarterly earnings calls deliver standard financial metrics that may shift near-term sentiment without major structural change.

3 transcript

TDS Q2 2026 earnings call highlights fiber growth progress. Fiber growth focus points to moderate influence on future performance without major trajectory shifts.

3

TDS reported second quarter 2026 results. Quarterly results provide financial metrics that moderately influence TDS valuation and investor outlook.

1 Jun

4

Array completed sale of select spectrum assets to Verizon for $1.0 billion. Major spectrum divestiture injects $1B cash into TDS while shrinking its wireless asset base.

17 May

3

Telephone and Data Systems posted healthy earnings while additional factors may influence future performance and investor views. Healthy earnings provide moderate positive signal offset by unspecified factors that limit overall trajectory change.

15 May

3

Telephone and Data Systems, Inc. (TDS) released Q1 earnings call highlights, detailing financial performance, operational updates, and strategic outlook for the telecom and data services provider. Q1 earnings highlights moderately influence TDS financial performance and investor sentiment without fundamentally altering long-term trajectory.

13 May

4

TDS proposes buyout of Array Digital Infrastructure, prompting valuation disputes and uncertainty over the deal's terms. Buyout proposal for Array Digital Infrastructure marks a major strategic move for TDS into digital assets, capable of altering financials and market position.

11 May

3

Telephone and Data Systems, Inc. (TDS) Q1 earnings surpassed estimates, driven by gains from spectrum sales. Q1 earnings beat from one-time spectrum sale gains positively impacts short-term financials and sentiment but lacks long-term transformative effects.

8 May

4 transcript

Telephone and Data Systems, Inc. (TDS) released the transcript of its Q1 2026 earnings call. Q1 2026 earnings call transcript details financial results, operational updates, and forward guidance significantly influencing TDS's market performance and investor sentiment.

4

TDS Q1 earnings compared to analyst estimates highlight key metrics including revenue, EPS, and segment performance. Q1 earnings versus estimates directly shape investor sentiment and stock trajectory for TDS.

4

Telephone and Data Systems, Inc. (TDS) reported first quarter 2026 results. Quarterly earnings reports typically drive significant stock volatility and shape investor expectations for future performance.

4

Array Digital Infrastructure formed a special committee of independent directors to evaluate a non-binding proposal from Telephone and Data Systems, Inc. (TDS). TDS's non-binding proposal signals a major strategic move toward potential acquisition of Array Digital Infrastructure, likely boosting investor sentiment and altering growth trajectory.

4

Telephone and Data Systems, Inc. (TDS) announces a proposal to acquire all public shares of Array Digital Infrastructure, aiming to take the company private through a merger with a TDS subsidiary. Proposal to acquire Array Digital Infrastructure enables TDS to expand into digital infrastructure assets, significantly enhancing strategic positioning and long-term growth prospects.

3

Telephone and Data Systems, Inc. (TDS) Q1 2026 earnings call summary highlights quarterly financial results, operational performance, strategic initiatives, and future outlook. Quarterly earnings summary provides insights into financial health and guidance, moderately influencing investor sentiment and stock trajectory.

5 May

3

Telephone and Data Systems, Inc. (TDS) hires a new Chief Information Officer, potentially altering the investment case for the company. New CIO hire at TDS could moderately influence technology strategy, operations, and investor sentiment.

20 Mar

3

Telephone and Data Systems, Inc. (TDS), paying nearly $0.50 quarterly as a high-yield lender, has plummeted 51% in stock price, but one fund recently placed a major bet on it. Major fund investment after 51% stock drop signals moderate potential for improved investor sentiment and short-term recovery.

15 Mar

3

Telephone and Data Systems, Inc. (TDS) telecom stock rose 25% over the past year, prompting a hedge fund to place a $21 million bet on it. Hedge fund's $21 million bet amid 25% yearly stock gain signals moderately positive investor sentiment with limited broader trajectory shift.

26 Feb

4

Investment story for Telephone and Data Systems (TDS) shifts around 2026 targets. Shifts in investment narrative tied to 2026 targets indicate major strategic changes impacting TDS trajectory and investor sentiment.

23 Feb

4

Telephone and Data Systems, Inc. (TDS) released Q4 earnings call highlights detailing financial performance, operational updates, and future outlook. Q4 earnings call highlights reveal key financial results and strategic guidance that significantly shape investor expectations and stock trajectory.

4

Telephone and Data Systems, Inc. (TDS) Q4 earnings beat estimates fueled by strong revenue growth. Q4 earnings beat with strong revenue growth indicates significant positive momentum for TDS financials and market performance.

20 Feb

4

Telephone and Data Systems, Inc. (TDS) released Q4 2025 earnings call highlights, spotlighting strategic moves amid operational updates. Strategic moves in Q4 2025 earnings significantly boost TDS's competitive positioning and investor outlook.

stockrow.com/TDS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com