TDSTELEPHONE & DATA SYSTEMS INC /DE/
Telephone Communications (no Radiotelephone)
- Revenue
- $1.1B
- 9.0% YoY
- Operating margin
- -9.1%
- 44% YoY
- EBITDA
- $206M
- 119% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -7.4×
- −$1.5B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear29× net incomeCash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear28% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $5.2B | $5.3B | $1.2B | $1.2B | $1.1B | 9.0% |
| Operating income | $261M | $122M | −$683M | −$191M | −$97M | 49% |
| Net income | $188M | $72M | −$487M | −$26M | $20M | 176% |
| Operating cash flow | $1.1B | $1.2B | $1.1B | $1.1B | $590M | 49% |
| Capex | $1.1B | $1.2B | $643M | $365M | $391M | 6.9% |
| Stock-based comp | $49M | $42M | $20M | $18M | $27M | 48% |
| Buybacks | $8M | $40M | $6M | $0 | $108M |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $3M · 1
- Net
- −$3M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 261 | 124 |
| FY2024 | — | — | 216 | 116 |
| FY2023 | — | — | 114 | 89 |
| FY2022 | — | — | 61 | 86 |
| FY2021 | — | — | 112 | 91 |