LUMN vs TDS vs UNIT Stock Comparison

Lumen Technologies, Telephone & Data Systems and Uniti Prices as of Oct 26, 2026 Peers: Industry group
LUMN Lumen Technologies, Inc.
$4.43 -22.4% 1M -45.2% 1Y
Market cap
$4.57B
P/E
–
Revenue (TTM)
$11.83B
Div. yield
–
Broadband and Cable Communication Services
1 win
UNIT Uniti Group Inc.
$4.85 -45.6% 1M -19.2% 1Y
Market cap
$1.28B
P/E
1.3x
Revenue (TTM)
$3.54B
Div. yield
–
Broadband and Cable Communication Services
3 wins

Head to Head

10 decided of 12

Telephone & Data Systems leads on 6 of the 12 questions below (Telephone & Data Systems 6, Uniti 3, Lumen Technologies 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLUMNTDSUNITLeader
Larger companyMarket capitalisation $4.57B $4.10B $1.28B LUMN
Cheaper on earningsLower P/E, profitable companies only -4.5x 11.8x 1.3x UNIT
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 9.1x — –
Faster revenue growthRevenue growth, trailing twelve months -7.7% +3.8% +199.7% UNIT
More profitableNet margin, trailing twelve months -8.7% 27.7% 28.2% UNIT
Better return on capitalReturn on invested capital 1.2% 6.6% 1.1% TDS
Less leveragedLower net debt / EBITDA 3.9x -1.8x 8.1x TDS
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months -45.2% -8.3% -19.2% TDS
Better 5-year returnAnnualised price return, 5 years -17.9%/yr +13.9%/yr -27.1%/yr TDS
Less volatileAnnualised volatility, 1 year 74.9% 30.7% 51.4% TDS
Higher overall scoreMean of the five percentile scores vs peers 53/100 58/100 52/100 TDS

Percentile Scorecard

LUMNTDSUNIT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLUMNTDSUNIT
Valuation 77 #12 of 49 52 #24 of 49 40 #30 of 49
Growth 68 #15 of 45 59 #19 of 45 98 #2 of 45
Profitability 46 #25 of 45 57 #20 of 45 50 #23 of 45
Financial Health 23 #38 of 49 98 #2 of 49 19 #40 of 49
Shareholder Returns – 22 #29 of 37 –
Overall 53 58 52
  • LUMN ranked among 51 companies in Telecommunications
  • TDS ranked among 51 companies in Telecommunications
  • UNIT ranked among 51 companies in Telecommunications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLUMNTDSUNITSPY
1 month -22.4%-0.5%-45.6% -0.8%
3 months -29.2%+6.0%-55.0% +3.5%
6 months -50.4%-19.1%-58.9% +7.0%
Year to date -43.0%-13.0%-30.8% +12.2%
1 year -45.2%-8.3%-19.2% +13.0%
3 years +233.1%+100.4%-29.6% +86.3%
3 years, per year +49.4%+26.1%-11.1% +23.1%
5 years -62.6%+91.4%-79.3% +68.6%
5 years, per year -17.9%+13.9%-27.1% +11.0%
10 years -84.3%+36.9%-89.9% +258.0%
10 years, per year -16.9%+3.2%-20.5% +13.6%

Risk

MeasureLUMNTDSUNITSPY
Volatility, 1Y 74.9%30.7%51.4% 12.7%
Downside volatility, 1Y 76.9%30.7%50.9% 12.7%
Beta vs S&P 500, 1Y 2.570.511.54 1.00
Return / volatility, 1Y -0.60-0.27-0.37 1.02
Max drawdown, 5Y -93.1%-68.4%-81.7% -25.4%
From 52-week high -62.6%-25.0%-62.0% -1.8%
52-week high $11.83$47.59$12.75 $779.14
52-week low $4.43$32.96$4.85 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLUMNTDSUNIT
P/E now vs peer median -4.3xmedian 11.8x 11.7xmedian 11.8x 1.2xmedian 11.8x
P/S now vs peer median 0.4xmedian 1.1x 3.3xmedian 1.1x 0.3xmedian 1.1x
EV/EBITDA now vs peer median 5.5xmedian 6.8x 3.2xmedian 6.8x 9.0xmedian 6.8x
P/FCF now vs peer median 5.5xmedian 5.7x -9.7xmedian 5.7x -1.4xmedian 5.7x
P/B now vs peer median -3.1xmedian 1.3x 0.8xmedian 1.3x 7.1xmedian 1.3x
PEG now vs peer median -0.08median 0.24 0.15median 0.24 —median 0.24

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLUMNTDSUNIT
Revenue $11.83B $1.26B $3.54B
Gross profit $5.66B $746.62M $1.83B
Operating income $198.00M $465.89M $114.40M
Net income -$1.02B $544.60M $1.08B
Free cash flow $837.00M -$424.28M -$834.80M
EPS (diluted) $-1.02 $3.00 $3.94
Cash & equivalents $1.88B $2.19B $608.90M
Total debt $13.21B $680.09M $10.65B
Shares (diluted) 1.00B 116.29M 252.90M
Enterprise value -$2.33B -$1.16B -$527.12M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLUMNTDSUNIT
P/E -4.3x 11.7x 1.2x
P/FCF 5.5x -9.7x -1.4x
P/Operating cash flow 0.9x 30.7x 2.3x
P/S 0.4x 3.3x 0.3x
P/B -3.1x 0.8x 7.1x
P/Tangible book -0.8x 1.1x -1.2x
EV/EBITDA 5.5x 3.2x 9.0x
EV/EBIT 80.3x 5.6x 97.7x
EV/Revenue 1.3x 2.1x 3.2x
EV/FCF 19.0x -6.1x -13.4x
EV/Operating cash flow 3.0x 19.4x 22.1x
PEG (3Y EPS CAGR) -0.08 0.15 –

Growth

14 metrics
MetricLUMNTDSUNIT
Revenue growth (1Y) -7.7% 3.8% 199.7%
Revenue CAGR (3Y) -8.8% -38.2% –
Gross profit growth (1Y) -7.5% 9.5% 79.2%
Gross profit CAGR (3Y) -11.7% -35.6% –
Operating income growth (1Y) 191.7% 360.1% -80.1%
Operating income CAGR (3Y) 26.4% 161.7% –
Net income growth (1Y) 13.1% 1,371% 2,951%
Net income CAGR (3Y) 54.3% 174.9% –
EPS growth (1Y) 14.0% 413.1% 1,560%
EPS CAGR (3Y) 54.6% 77.2% –
Operating cash flow growth (1Y) 22.4% -88.1% –
Operating cash flow CAGR (3Y) 29.7% -47.7% –
Free cash flow growth (1Y) -10.8% -139.9% –
Free cash flow CAGR (3Y) 48.5% -8.8% –

Profitability

14 metrics
MetricLUMNTDSUNIT
Gross margin 47.8% 59.4% 51.7%
EBITDA margin 24.3% 65.4% 35.0%
Operating margin 1.7% 37.0% 3.2%
Pretax margin -11.8% 61.4% 26.9%
Net margin -8.7% 27.7% 28.2%
FCF margin 7.1% -33.7% -23.6%
Operating cash flow margin 45.4% 10.6% 14.3%
Return on equity – 10.0% 447.6%
Return on assets -3.3% 6.4% 8.3%
Return on invested capital 1.2% 6.6% 1.1%
Return on capital employed 0.7% 6.1% 1.0%
Asset turnover 0.4x 0.2x 0.3x
Cash conversion (OCF / net income) -5.2x 0.2x 0.5x
Stock comp / revenue 0.5% 1.4% 0.9%

Financial Health

11 metrics
MetricLUMNTDSUNIT
Debt / assets 42.9% 8.1% 82.0%
Debt / equity -8.9x 0.1x 65.9x
Net debt / EBITDA 3.9x -1.8x 8.1x
Debt / FCF 15.8x -1.6x -12.8x
Liabilities / assets 104.8% 35.6% 98.8%
Equity / assets -4.8% 64.4% 1.2%
Interest coverage 0.2x 6.1x –
Current ratio 1.0x 3.8x 1.2x
Quick ratio 0.8x 3.7x 0.8x
Cash ratio 0.4x 3.6x 0.5x
Altman Z-score -0.43 1.75 0.67

Shareholder Returns

7 metrics
MetricLUMNTDSUNIT
Dividend yield – 0.4% –
Net buyback yield – – –
Shareholder yield 0.0% 0.4% 0.0%
Payout ratio (earnings) – 16.1% –
Payout ratio (FCF) – -20.6% –
Dividend growth (1Y) – 0.5% –
Dividend CAGR (3Y) – -16.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLUMNTDSUNIT
Forward P/E – 9.1xFY2026 –
EPS, next fiscal year $-0.87FY2026 $3.90FY2026 $-1.94FY2026
EPS growth, next FY – – -139.8%FY2026
EPS growth, the year after – -94.6% –
Revenue, next fiscal year $10.70BFY2026 $1.32BFY2026 $3.44BFY2026
Revenue growth, next FY -13.7%FY2026 +7.2%FY2026 +54.2%FY2026
Revenue growth, the year after -5.8% -8.3% +12.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLUMNTDSUNIT
Held by institutions 70.7% 92.5% 89.3%
Institutions holding 622 348 279
Change in shares held, QoQ +2.6% +5.4% -1.4%
Institutions buying 289 182 155
Institutions selling 180 113 78
Buyers to sellers 1.61 1.61 1.99

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LUMNTDSUNIT
LUMN 1.00 0.10 0.30
TDS 0.10 1.00 0.26
UNIT 0.30 0.26 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LUMN, TDS and UNIT?

Lumen Technologies (LUMN) is the largest by market capitalisation: Lumen Technologies (LUMN) $4.57B, Telephone & Data Systems (TDS) $4.10B, Uniti (UNIT) $1.28B.

Which stock is cheaper, LUMN, TDS and UNIT?

Uniti (UNIT) trades on the lowest price-to-earnings ratio (Lumen Technologies (LUMN) -4.5x, Telephone & Data Systems (TDS) 11.8x, Uniti (UNIT) 1.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Uniti (UNIT) grew revenue fastest over the trailing twelve months: Lumen Technologies (LUMN) -7.7%, Telephone & Data Systems (TDS) +3.8%, Uniti (UNIT) +199.7%.

Which company is more profitable?

Uniti (UNIT) has the highest net margin (Lumen Technologies (LUMN) -8.7%, Telephone & Data Systems (TDS) 27.7%, Uniti (UNIT) 28.2%). On return on invested capital, Telephone & Data Systems (TDS) leads (Lumen Technologies (LUMN) 1.2%, Telephone & Data Systems (TDS) 6.6%, Uniti (UNIT) 1.1%).

Which stock has performed better?

Over the past year Telephone & Data Systems (TDS) returned the most: Lumen Technologies (LUMN) -45.2%, Telephone & Data Systems (TDS) -8.3%, Uniti (UNIT) -19.2%. Over five years, Telephone & Data Systems (TDS) compounded fastest (Lumen Technologies (LUMN) -17.9%/yr, Telephone & Data Systems (TDS) +13.9%/yr, Uniti (UNIT) -27.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Lumen Technologies (LUMN) 0.00%, Telephone & Data Systems (TDS) 0.02%, Uniti (UNIT) 0.00%. Lumen Technologies (LUMN) and Uniti (UNIT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Telephone & Data Systems (TDS) has been the steadiest (Lumen Technologies (LUMN) 74.9%, Telephone & Data Systems (TDS) 30.7%, Uniti (UNIT) 51.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LUMN, TDS and UNIT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Telephone & Data Systems (TDS) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.