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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.46 Bn | 158.80 Bn | 27.05 Bn | 8.39% |
| 2 | T-Mobile US | 180.34 Bn | 162.78 Bn | 15.13 Bn | 10.24% |
| 3 | At&T | 148.15 Bn | 89.61 Bn | 26.22 Bn | 6.26% |
| 4 | Grupo Televisa, S.A.B | 145.14 Bn | 145.14 Bn | 960.50 Mn | 5.31% |
| 5 | Comcast | 86.88 Bn | 52.67 Bn | - | 7.98% |
| 6 | Chunghwa Telecom | 37.87 Bn | 29.88 Bn | 728.80 Mn | 2.44% |
| 7 | Vodafone Group Public | 37.60 Bn | 7.00 Bn | - | - |
| 8 | EchoStar | 29.01 Bn | 10.04 Bn | 647.20 Mn | 0.75% |
| 9 | Bce | 19.96 Bn | 17.96 Bn | 2.79 Bn | 8.92% |
| 10 | Telephone & Data Systems | 3.81 Bn | -1.45 Bn | 179.96 Mn | 6.06% |
Historic Data
Download Data
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% |
API Access
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_KEYimport 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();