Telephone & Data Systems (TDS) Return on Capital Employed [ROCE] (2010 - 2026)
Telephone & Data Systems (TDS) posted Return on Capital Employed [ROCE] of 6.06% for Q2 2026, up 8.59 percentage points from -2.52% a year earlier and up 5.04 percentage points from the prior quarter.
Telephone & Data Systems (TDS) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Telephone & Data Systems' Return on Capital Employed [ROCE] came in at -0.92%, up 0.59 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of -3.39 percentage points (FY2020 to FY2025).
- In prior years, Telephone & Data Systems' Return on Capital Employed [ROCE] was -1.50% in FY2024 (+3.73 pp), -5.23% in FY2023 (-6.21 pp), 0.98% in FY2022 (-1.23 pp) and 2.21% in FY2021 (-0.26 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] in data going back to Q2 2010.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in six of the last eight quarters, with an average year-over-year change of +2.40 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q2 2026, with a gain of 8.59 percentage points; the weakest was Q3 2024, with a drop of 7.23 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 1.02% (Q1 2026), -1.21% (Q4 2025) and -1.25% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 8.11% |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 9.58% |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 6.89% |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | 4.82% |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | 8.12% |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 2.46% |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | -45.15% |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | -11.61% |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | - |
| 10 | Telephone & Data Systems | 4.07 Bn | -955.18 Mn | 179.96 Mn | 6.06% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.06% |
| Mar 31, 2026 | 1.02% |
| Dec 31, 2025 | -1.21% |
| Sep 30, 2025 | -1.25% |
| Jun 30, 2025 | -2.52% |
| Mar 31, 2025 | -1.29% |
| Dec 31, 2024 | -0.21% |
| Sep 30, 2024 | -6.58% |
| Jun 30, 2024 | -5.00% |
| Mar 31, 2024 | -5.01% |
| Dec 31, 2023 | -5.26% |
| Sep 30, 2023 | 0.65% |
| Jun 30, 2023 | 0.20% |
| Mar 31, 2023 | 0.42% |
| Dec 31, 2022 | 0.94% |
| Sep 30, 2022 | 1.32% |
| Jun 30, 2022 | 1.94% |
| Mar 31, 2022 | 1.94% |
| Dec 31, 2021 | 2.12% |
| Sep 30, 2021 | 2.18% |
Telephone & Data Systems Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=TDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=TDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();