Telephone & Data Systems (TDS) Common Equity (2009 - 2026)
Telephone & Data Systems (TDS) reported Common Equity of $5.4 billion for Q2 2026, down 7.1% from $5.82 billion a year earlier but up 2.6% from the prior quarter.
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Analysis
Telephone & Data Systems (TDS) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Telephone & Data Systems posted Common Equity of $5.27 billion, down 10.2% from FY2024.
- Common Equity has declined for four consecutive years, with a five-year compound annual growth rate of -1.2% (FY2020 to FY2025).
- By year, Common Equity came in at $5.87 billion in FY2024 (-2.1%), $6 billion in FY2023 (-9.2%), $6.6 billion in FY2022 (-1.9%) and $6.73 billion in FY2021 (+20.4%).
- Five-year quarterly Common Equity spans a low of $5.26 billion in Q1 2026 and a high of $6.76 billion in Q1 2022.
- Year over year, Common Equity has now declined in each of the last 16 quarters, with an average decline of 6.8% over the last eight quarters.
- The high point for year-over-year Common Equity in five years was Q4 2021 (growth of 20.4%); the low point was Q4 2025 (a decline of 10.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.26 billion (Q1 2026), $5.27 billion (Q4 2025) and $5.28 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 105.20 Bn |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 56.27 Bn |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 126.43 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | 5.85 Bn |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | 89.77 Bn |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 11.60 Bn |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 14.20 Bn |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | 2.40 Bn |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | 17.48 Bn |
| 10 | Telephone & Data Systems | 4.00 Bn | -1.03 Bn | 179.96 Mn | 5.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.40 Bn |
| Mar 31, 2026 | 5.26 Bn |
| Dec 31, 2025 | 5.27 Bn |
| Sep 30, 2025 | 5.28 Bn |
| Jun 30, 2025 | 5.82 Bn |
| Mar 31, 2025 | 5.85 Bn |
| Dec 31, 2024 | 5.87 Bn |
| Sep 30, 2024 | 5.87 Bn |
| Jun 30, 2024 | 5.98 Bn |
| Mar 31, 2024 | 6.00 Bn |
| Dec 31, 2023 | 6.00 Bn |
| Sep 30, 2023 | 6.52 Bn |
| Jun 30, 2023 | 6.54 Bn |
| Mar 31, 2023 | 6.58 Bn |
| Dec 31, 2022 | 6.60 Bn |
| Sep 30, 2022 | 6.69 Bn |
| Jun 30, 2022 | 6.74 Bn |
| Mar 31, 2022 | 6.76 Bn |
| Dec 31, 2021 | 6.73 Bn |
| Sep 30, 2021 | 6.73 Bn |
API Access
Telephone & Data Systems Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=TDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "TDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=TDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();