Telephone and Data Systems, Inc.

Telephone and Data Systems, Inc.

TDSยทNYSE

$39.19

+0.72%
Communication ServicesTelecommunications Services

Telephone and Data Systems, Inc., a telecommunications company, provides communications services in the United States. It operates through two segments: UScellular and TDS Telecom. The company offers wireless solutions to consumers and business and government customers, including a suite of connected Internet of things (IoT) solutions, and software applications for monitor and control, business automation/operations, communication, fleet and asset management, smart water solutions, private cellular networks and custom, and end-to-end IoT solutions; wireless priority services and quality priority and preemption options; smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and IoT devices; and accessories, such as cases, screen protectors, chargers, and memory cards, as well as consumer electronics, including audio, home automation and networking products. It also provides replace and repair services; Trade-In program through which it buys customers' used equipment; internet connections and all-home WI-FI services; TDS TV+, an integrated cloud television platform that offers video content; local and long-distance telephone service, VoIP, and enhanced services; and broadband, IP-based services, and hosted voice and video collaboration services. The company sells its products through retail sales, direct and indirect sales, third-party retailers, and independent agents, as well as through ecommerce and telesales. As of December 31, 2021, it offers its services to customers 5 million wireless connections, and 1.2 million wireline and cable connections. The company was incorporated in 1968 and is headquartered in Chicago, Illinois.

At a Glance

Live Snapshot
Market Cap$4.17B
EPS-0.6600
P/E Ratio-59.38
Earnings Date07/30/2026
3Y-49.0%
5Y-61.0%
10Y-25.0%
3Y-220.0%
5Y-242.0%
10Y-365.0%
3Y-483.0%
5Y-345.0%
10Y+3878.0%
TDS

Telephone and Data Systems, Inc. Cash Conversion Engine

TDS ยท NYSE
Net Income124.67M
Depreciation & Amortization351.88M
Stock-Based Compensation0.00
Change in Working Capital-238.40M
Others417.93M
Capital Expenditures-394.70M
Free Cash Flow195.19M

Cash Flow Quality Analysis

FCF Conversion Rate

156.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

66.9%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

-19.0%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$238.40M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Capital-intensive growth: Heavy reinvestment limits current cash available but may drive future returns. Assess whether CapEx supports compelling growth opportunities with adequate ROI.

Telephone and Data Systems, Inc. Cash Flow Statement

TDS โ€ข NYSE

Telephone and Data Systems, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
124.7M
-26M
-487M
72M
188M
269M
147M
175M
157M
52M
262.6M
-147.3M
166.8M
122.7M
250.2M
189M
253.7M
93.5M
386.1M
161.8M
351.9M
943M
915M
929M
895M
909M
932M
883M
844M
850M
844.4M
836.5M
1B
813.6M
765.8M
761.7M
750M
750.1M
752.2M
737.5M
-66.2M
3M
8M
47M
52M
190M
34M
33M
-369M
22M
70.8M
71.7M
-67.2M
58.8M
202.5M
74.1M
31.1M
-437.9M
-283M
-195M
0.0
71M
41M
42M
49M
53M
59M
54M
46M
42M
40.4M
35.8M
30.3M
41.9M
36.8M
35.1M
32.5M
22.7M
0.0
0.0
417.9M
222M
682M
163M
143M
108M
121M
89M
357M
61M
-226.3M
74.7M
-435.9M
112.6M
73.3M
107.7M
153M
528.3M
100.3M
443.1M
-238.4M
-68M
-17M
-98M
-224M
3M
-277M
-217M
-259M
-245M
-202.2M
-476.7M
-217.6M
-44.3M
-73M
-45.7M
-117.6M
-107.8M
-8.9M
-129.7M
589.9M
1.1B
1.1B
1.2B
1.1B
1.5B
1B
1B
776M
782M
789.7M
394.8M
494.6M
1.1B
1.3B
1.1B
1.1B
848.9M
941M
887.2M
INVESTING ACTIVITIES
-394.7M
-884M
-1.2B
-1.8B
-1.2B
-1.4B
-957M
-776M
-685M
-636M
-800.6M
-799.5M
-883.8M
-995.5M
-971.8M
-755M
-700.4M
-1.1B
-699.6M
-722.5M
(0.0)
(147M)
(0.0)
(8M)
-1.3B
-146M
-305M
(13M)
-197M
-32M
(56M)
-107.6M
(496.6M)
-113.2M
-105.5M
-81.7M
-29.3M
-389.2M
-19.5M
-43.6M
(0.0)
(0.0)
(0.0)
(0.0)
-20M
-3M
-11M
-17M
-100M
(0.0)
(0.0)
(0.0)
(0.0)
-120M
-180.9M
-493.8M
-109.2M
-27.4M
(0.0)
(0.0)
0.0
0.0
0.0
0.0
3M
1M
29M
100M
0.0
0.0
0.0
50M
115M
243.4M
393.2M
106.3M
23.7M
260.4M
92M
138.8M
2.5B
-17M
-116M
-16M
11M
5M
-5M
112M
1M
-140M
6.9M
-52.6M
11.6M
-12.8M
-1.1M
370K
33.8M
377.6M
-804K
-3.4M
(2.1B)
-754M
-1.3B
-1.8B
-2.5B
-1.5B
-1.2B
-680M
-981M
-808M
-737.7M
-909.7M
-260.7M
-998.1M
-866.1M
-1.2B
-781.4M
-902.8M
-627.9M
-630.7M
FINANCING ACTIVITIES
-129.5M
-54M
-6M
-83M
1.1B
-37M
-21M
0.0
6M
-8M
-6M
-58M
-28.2M
-40.1M
-83.8M
-120.9M
-211.4M
-226.9M
-101M
40.7M
-1.6B
-16M
298M
882M
-538M
1.1B
-118M
-20M
-17M
-10M
511.2M
274M
-1.5M
195.4M
-25.3M
-7.1M
-143.1M
-9.4M
-35.7M
-335.7M
-87.7M
-104M
-153M
-151M
-119M
-78M
-75M
-72M
-69M
-65M
-61.2M
-58M
-55.3M
-53.2M
-64.9M
-66.8M
-46.8M
-47.3M
-45.8M
-43M
-129.5M
-54M
-6M
-83M
-60M
-37M
-21M
(0.0)
-1M
-8M
-6.2M
-58M
-28.2M
-43.4M
-83.8M
-120.9M
-212.1M
-228.3M
-214.6M
(0.0)
-484M
-103M
-83M
-26M
-72M
-68M
-6M
60M
4M
9M
1.5M
-1M
-74.8M
-32M
-10.3M
-25.7M
-26.2M
-59.6M
30.4M
-886K
-2.3B
-277M
56M
613M
321M
957M
-220M
-32M
-77M
-59M
460.7M
156.8M
-144.4M
70.1M
-168M
-201M
-427.5M
-343.3M
-152.1M
-338.9M
CASH FLOW SUMMARY
-5M
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
382M
114M
-129M
-15M
-1B
978M
-453M
305M
-282M
-85M
512.7M
-358.1M
89.5M
177.2M
221.6M
-302.9M
-106.3M
-397.1M
161.1M
-82.5M
384M
270M
399M
414M
1.5B
474M
927M
622M
904M
985M
471.9M
830M
740.5M
563.3M
341.7M
671M
777.3M
1.2B
1B
1.1B
766M
384M
270M
399M
414M
1.5B
474M
927M
622M
900M
984.6M
471.9M
830M
740.5M
563.3M
368.1M
671M
777.3M
1.2B
1B
195.2M
241M
-199M
-620M
-48M
164M
59M
241M
91M
146M
-10.9M
-404.7M
-389.2M
109.7M
284M
366.9M
402.2M
-275.2M
241.5M
164.7M

SEC Filings

TDS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 01, 2026
June 01, 2026
2026
8-K

8-K 2026

N/A

May 26, 2026
May 21, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 08, 2026
May 08, 2026
2026
8-K

8-K 2026

N/A

May 08, 2026
May 07, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 08, 2026
May 21, 2026
2026
8-K

8-K 2026

N/A

March 24, 2026
March 18, 2026
2026
8-K

8-K 2026

N/A

March 13, 2026
March 10, 2026
2026
10-K

10-K 2025 FY

FY

February 24, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 20, 2026
February 20, 2026
2026
Showing 1 to 10 of 546 filings