Telephone & Data Systems (TDS) FCF Margin (2009 - 2026)
Telephone & Data Systems' FCF Margin came in at -27.78% for Q2 2026, down 140.18 percentage points from 112.40% a year earlier and down 1.62 percentage points from the prior quarter.
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Analysis
Telephone & Data Systems (TDS) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Telephone & Data Systems reported FCF Margin of -33.73%, down 121.38 percentage points year-over-year; for FY2025, it was 16.23%, down 43.94 percentage points from FY2024.
- FCF Margin carries a five-year change of +12.52 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 60.17% in FY2024 (+23.42 pp), 36.76% in FY2023 (+36.87 pp), -0.11% in FY2022 (+0.41 pp) and -0.53% in FY2021 (-4.24 pp).
- The five-year range for quarterly FCF Margin is -48.14% (Q3 2025) to 149.29% (Q3 2024).
- Year-over-year, FCF Margin has declined for four consecutive quarters, with an average year-over-year change of -28.42 percentage points over the last seven quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2024 (a gain of 138.96 percentage points), and the weakest in Q3 2025 (a drop of 197.43 percentage points).
- Business Quant data shows TDS's FCF Margin at -26.16% (Q1 2026), -32.93% (Q4 2025) and -48.14% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.18 Bn | 148.31 Bn | 27.03 Bn | 18.76% |
| 2 | T-Mobile US | 170.25 Bn | 155.00 Bn | 14.76 Bn | 21.05% |
| 3 | At&T | 162.35 Bn | 94.31 Bn | 25.82 Bn | 16.16% |
| 4 | Grupo Televisa, S.A.B | 149.53 Bn | 141.26 Bn | 318.12 Mn | - |
| 5 | Comcast | 79.50 Bn | 43.56 Bn | - | 17.33% |
| 6 | Vodafone Group Public | 38.13 Bn | 7.53 Bn | - | - |
| 7 | Chunghwa Telecom | 36.93 Bn | 28.95 Bn | 728.80 Mn | 8.63% |
| 8 | EchoStar | 25.06 Bn | 16.15 Bn | 1.65 Bn | -2.86% |
| 9 | Telefonica Brasil | 20.65 Bn | 14.67 Bn | 1.42 Bn | 32.71% |
| 10 | Telephone & Data Systems | 3.90 Bn | -1.36 Bn | 179.96 Mn | -27.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -27.78% |
| Mar 31, 2026 | -26.16% |
| Dec 31, 2025 | -32.93% |
| Sep 30, 2025 | -48.14% |
| Jun 30, 2025 | 112.40% |
| Mar 31, 2025 | 41.74% |
| Dec 31, 2024 | 39.45% |
| Sep 30, 2024 | 149.29% |
| Jun 30, 2024 | 15.02% |
| Mar 31, 2024 | -0.87% |
| Sep 30, 2023 | 10.33% |
| Jun 30, 2023 | 13.42% |
| Mar 31, 2023 | -21.87% |
| Dec 31, 2022 | -8.33% |
| Sep 30, 2022 | -7.26% |
| Jun 30, 2022 | 7.26% |
| Mar 31, 2022 | 8.37% |
| Dec 31, 2021 | -12.03% |
| Sep 30, 2021 | 8.51% |
| Jun 30, 2021 | 6.03% |
API Access
Telephone & Data Systems FCF Margin 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=fcf-margin&ticker=TDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=TDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();