Telephone & Data Systems (TDS) Return on Invested Capital [ROIC] (2010 - 2026)
Telephone & Data Systems (TDS) reported Return on Invested Capital [ROIC] of 6.64% for Q2 2026, up 7.92 percentage points from -1.28% a year earlier and up 5.30 percentage points from the prior quarter.
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Analysis
Telephone & Data Systems (TDS) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Telephone & Data Systems posted Return on Invested Capital [ROIC] of -1.35%, up 0.28 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of -4.24 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at -1.63% in FY2024 (+4.85 pp), -6.49% in FY2023 (-7.19 pp), 0.70% in FY2022 (-1.67 pp) and 2.38% in FY2021 (-0.51 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2010.
- Year over year, Return on Invested Capital [ROIC] gained in six of the last eight quarters, with an average year-over-year change of +2.99 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q2 2026 (a gain of 7.92 percentage points); the low point was Q3 2024 (a drop of 7.41 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.33% (Q1 2026), -1.60% (Q4 2025) and -1.22% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.37 Bn | 158.71 Bn | 27.05 Bn | 8.22% |
| 2 | T-Mobile US | 180.18 Bn | 162.62 Bn | 15.13 Bn | 10.51% |
| 3 | At&T | 148.35 Bn | 89.82 Bn | 26.22 Bn | 6.91% |
| 4 | Grupo Televisa, S.A.B | 147.02 Bn | 147.02 Bn | 960.50 Mn | 4.38% |
| 5 | Comcast | 86.81 Bn | 52.60 Bn | - | 7.84% |
| 6 | Chunghwa Telecom | 37.90 Bn | 29.91 Bn | 728.80 Mn | 10.71% |
| 7 | Vodafone Group Public | 37.59 Bn | 6.99 Bn | - | - |
| 8 | EchoStar | 29.05 Bn | 10.08 Bn | 647.20 Mn | 0.79% |
| 9 | Bce | 19.92 Bn | 17.92 Bn | 2.79 Bn | 9.39% |
| 10 | Telephone & Data Systems | 3.82 Bn | -1.44 Bn | 179.96 Mn | 6.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.64% |
| Mar 31, 2026 | 1.33% |
| Dec 31, 2025 | -1.60% |
| Sep 30, 2025 | -1.22% |
| Jun 30, 2025 | -1.28% |
| Mar 31, 2025 | -1.13% |
| Dec 31, 2024 | -0.29% |
| Sep 30, 2024 | -7.41% |
| Jun 30, 2024 | -6.08% |
| Mar 31, 2024 | -6.25% |
| Dec 31, 2023 | -6.48% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.25% |
| Mar 31, 2023 | 0.16% |
| Dec 31, 2022 | 0.69% |
| Sep 30, 2022 | 1.18% |
| Jun 30, 2022 | 1.74% |
| Mar 31, 2022 | 2.03% |
| Dec 31, 2021 | 2.28% |
| Sep 30, 2021 | 2.17% |
API Access
Telephone & Data Systems Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=TDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=TDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();