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) Operating margin

Alert me on Operating margin

Telephone and Data Systems, Inc.'s operating margin over the twelve months to 30 June 2026 was 37.0%, up 45.0 percentage points from fiscal 2025 (−7.93%). Over the past ten years it has ranged from −50.4% (fiscal 2023) to 8.27% (fiscal 2015); the current reading is higher than 18% of that period. That is above the Telecom Services industry median of 9.22% and above the Communication Services sector median of 0.94%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −7.93% (4.08)
FY2024 −3.85% 46.52
FY2023 −50.4% (52.62)
FY2022 2.25% (2.65)
FY2021 4.90% (0.06)
FY2020 4.96% 1.50
FY2019 3.46% (0.55)
FY2018 4.01% 6.15
FY2017 −2.14% (4.24)
FY2016 2.10% (6.17)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 120.7% 74.19
Mar 2026 46.5% 41.39
Dec 2025 5.09% 27.12
Sep 2025 −22.0% (17.91)
42 more quarters

Against its own ten years

Low −50.4% High 8.27%
Ten-year median 2.25%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
TDS Telephone and Data Systems, Inc. 37.0%
KYIV Kyivstar Group Ltd. compare 24.1%
VEON VEON Ltd. compare 21.8%
IRDM Iridium Communications Inc compare 19.0%
PHI PLDT Inc. compare 17.5%
TKC Turkcell Iletisim Hizmetleri AS compare 14.6%
LUMN Lumen Technologies, Inc. compare 1.28%
LBTYK Liberty Global Ltd compare −1.78%
LBTYA Liberty Global Ltd compare −1.78%
Telecom Services industry median 9.22%
Communication Services sector median 0.94%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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