TDS
Telephone and Data Systems Inc
NYSE: TDS · COMMUNICATION SERVICES · TELECOM SERVICES
$44.32
-0.29% today
Updated 2026-04-29
Market cap
$5.05B
P/E ratio
113.64
P/S ratio
4.11x
EPS (TTM)
$0.39
Dividend yield
0.36%
52W range
$24 – $48
Volume
0.9M
Telephone and Data Systems Inc (TDS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.36B | $4.83B | $5.09B | $5.02B | $4.99B | $5.18B | $5.35B | $4.90B | $5.01B | $5.18B | $5.10B | $5.04B | $5.11B | $5.18B | $5.22B | $5.33B | $5.41B | $5.16B | $4.96B | $1.23B |
| Revenue growth (YoY) | — | +10.6% | +5.4% | -1.4% | -0.7% | +3.9% | +3.2% | -8.3% | +2.2% | +3.3% | -1.4% | -1.2% | +1.3% | +1.3% | +0.9% | +2.0% | +1.6% | -4.7% | -3.8% | -75.3% |
| Cost of revenue | $1.54B | $1.70B | $1.85B | $1.86B | $1.91B | $2.04B | $2.27B | $2.23B | $2.51B | $2.41B | $2.43B | $2.36B | $2.34B | $2.34B | $2.35B | $2.47B | $2.56B | $2.33B | $2.13B | $1.29B |
| Gross profit | $2.82B | $3.13B | $3.24B | $3.16B | $3.08B | $3.14B | $3.07B | $2.68B | $2.50B | $2.76B | $2.67B | $2.69B | $2.77B | $2.84B | $2.87B | $2.86B | $2.85B | $2.83B | $2.83B | $-62.00M |
| Gross margin | 64.7% | 64.9% | 63.6% | 62.9% | 61.7% | 60.6% | 57.5% | 54.6% | 49.9% | 53.3% | 52.4% | 53.2% | 54.3% | 54.8% | 54.9% | 53.6% | 52.6% | 54.8% | 57.0% | -5.0% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $1.51B | $1.80B | $1.92B | $1.97B | $2.01B | $2.01B | $2.03B | $1.95B | $1.87B | $1.78B | $1.76B | $1.69B | $1.46B | $1.49B | $1.47B | $1.47B | $1.57B | $1.54B | $1.51B | $435.06M |
| Operating income | $412.78M | $527.90M | $128.15M | $407.81M | $289.99M | $362.50M | $183.86M | $235.36M | $-189.86M | $397.07M | $60.00M | $-105.00M | $205.00M | $179.00M | $259.00M | $261.00M | $122.00M | $-414.00M | $63.00M | $-62.00M |
| Operating margin | 9.5% | 10.9% | 2.5% | 8.1% | 5.8% | 7.0% | 3.4% | 4.8% | -3.8% | 7.7% | 1.2% | -2.1% | 4.0% | 3.5% | 5.0% | 4.9% | 2.3% | -8.0% | 1.3% | -5.0% |
| EBITDA | $1.30B | $1.64B | $1.04B | $1.26B | $1.16B | $1.25B | $1.10B | $1.39B | $795.71M | $1.42B | $964.00M | $996.00M | $1.08B | $1.12B | $1.19B | $1.18B | $1.08B | $682.00M | $1.20B | $553.51M |
| EBITDA margin | 29.7% | 34.0% | 20.4% | 25.1% | 23.2% | 24.1% | 20.5% | 28.4% | 15.9% | 27.4% | 18.9% | 19.7% | 21.1% | 21.7% | 22.8% | 22.1% | 20.0% | 13.2% | 24.2% | 45.1% |
| EBIT | $557.88M | $890.10M | $290.90M | $511.66M | $396.49M | $481.95M | $282.98M | $376.27M | $-40.83M | $576.32M | $114.00M | $152.00M | $196.00M | $190.00M | $281.00M | $285.00M | $151.00M | $-233.00M | $259.00M | $201.63M |
| Interest expense | $0.00 | $80.24M | $137.90M | $124.56M | $115.22M | $118.20M | $86.75M | $98.81M | $111.40M | $142.00M | $170.00M | $170.00M | $172.00M | $165.00M | $168.00M | $232.00M | $174.00M | $244.00M | $279.00M | $112.67M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $161.76M | $386.11M | $93.54M | $193.90M | $143.86M | $200.57M | $81.86M | $141.93M | $-136.35M | $219.04M | $43.00M | $153.00M | $135.00M | $121.00M | $226.00M | $156.00M | $62.00M | $-500.00M | $-28.00M | $-6.24M |
| Net income growth (YoY) | — | +138.7% | -75.8% | +107.3% | -25.8% | +39.4% | -59.2% | +73.4% | -196.1% | +260.6% | -80.4% | +255.8% | -11.8% | -10.4% | +86.8% | -31.0% | -60.3% | -906.5% | +94.4% | +77.7% |
| Profit margin | 3.7% | 8.0% | 1.8% | 3.9% | 2.9% | 3.9% | 1.5% | 2.9% | -2.7% | 4.2% | 0.8% | 3.0% | 2.6% | 2.3% | 4.3% | 2.9% | 1.1% | -9.7% | -0.6% | -0.5% |