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Friday 6 November 2026 Export TDS’s income statement to Excel — free account

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

33.24 0.88 +2.72%
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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Telephone and Data Systems, Inc. (TDS) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Telephone and Data Systems, Inc. (TDS) trades at a P/B ratio of 0.9×. Over the past ten years it has ranged from 0.1× (June 2023) to 1.3× (February 2026); the current reading is higher than 87% of that period. That is below the Telecom Services industry median of 1.3× and below the Communication Services sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.1× 39.18%
FY2024 0.8× 94.50%
FY2023 0.4× 83.26%
FY2022 0.2× (44.55%)
FY2021 0.4× 8.16%
FY2020 0.4× (29.45%)
FY2019 0.5× (22.08%)
FY2018 0.7× 8.68%
FY2017 0.6× (10.03%)
FY2016 0.7× 17.35%

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.0× (14.45%)
Mar 2026 1.1× 1.63%
Dec 2025 1.1× 4.07%
Sep 2025 1.1× 25.13%
42 more quarters

Against its own ten years

Low 0.1× High 1.3×
Ten-year median 0.6×
Current reading's percentile 86

P/B ratio against peers

Company P/B ratio
LUMN Lumen Technologies, Inc. compare n/m
LBTYK Liberty Global Ltd compare 0.3×
LBTYA Liberty Global Ltd compare 0.3×
TKC Turkcell Iletisim Hizmetleri AS compare 0.6×
TDS Telephone and Data Systems, Inc. 0.9×
PHI PLDT Inc. compare 1.8×
KYIV Kyivstar Group Ltd. compare 2.2×
VEON VEON Ltd. compare 2.7×
IRDM Iridium Communications Inc compare 7.8×
Telecom Services industry median 1.3×
Communication Services sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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