Telephone and Data Systems, Inc.

TDS Communication Services Telecom Services

Telephone and Data Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, down 75.3% from fiscal 2024.

Revenue
+3.60%
EPS
+5,000.0%
Free cash flow
−134.0%
Total debt
−83.3%

Quarter to June 2026, against a year earlier

32.49 3.52 −9.78%
Market cap
$3.5B
P/E
10.6×
Fwd P/E
9.3×
Dividend yield
0.49%
F-score
6/9
Altman Z
1.36
Beneish M
−0.96
Dividend safety
16/100

Telephone and Data Systems, Inc. (TDS) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Telephone and Data Systems, Inc. (TDS) trades at a EV/EBITDA of 2.7×. Over the past ten years it has ranged from 0.0× (September 2025) to 54.5× (December 2025); the current reading is higher than 13% of that period. That is below the Telecom Services industry median of 7.1× and below the Communication Services sector median of 8.8×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 18.8× (57.60%)
FY2024 44.3× —
FY2023 0.0× —
FY2022 4.4× 4.61%
FY2021 4.2× 19.96%
FY2020 3.5× (17.79%)
FY2019 4.3× (9.41%)
FY2018 4.7× (2.42%)
FY2017 4.8× (5.03%)
FY2016 5.1× 51.64%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 3.3× (65.01%)
Mar 2026 9.5× (49.64%)
Dec 2025 18.8× (64.04%)
Sep 2025 52.3× —
42 more quarters

Against its own ten years

Low 0.0× High 54.5×
Ten-year median 4.4×
Current reading's percentile 13

EV/EBITDA against peers

Company EV/EBITDA
TKC Turkcell Iletisim Hizmetleri AS compare 2.5×
TDS Telephone and Data Systems, Inc. 2.7×
VEON VEON Ltd. compare 4.4×
PHI PLDT Inc. compare 4.9×
KYIV Kyivstar Group Ltd. compare 5.6×
LUMN Lumen Technologies, Inc. compare 5.7×
LBTYK Liberty Global Ltd compare 8.9×
LBTYA Liberty Global Ltd compare 9.0×
IRDM Iridium Communications Inc compare 16.6×
Telecom Services industry median 7.1×
Communication Services sector median 8.8×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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