Last 47 quarters of trend data · Communication Services · Telecommunications Services
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Telephone and Data Systems, Inc.'s quarterly P/E stands at 31.1x. EV/EBITDA has expanded 95.5% YoY to 15.3x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -68.96 | 31.06 | 28.03 | — | — | — | — | — | 40.05 | — | — | — | 23.89 |
| — | — | — | — | — | — | — | — | +67.7% | — | — | — | +168.2% | |
| P/S Ratio | 3.94 | 3.64 | 3.66 | 0.86 | 0.96 | 0.78 | 0.54 | 0.48 | 0.37 | 0.40 | 0.40 | 0.18 | 0.23 |
| — | +364.6% | +575.5% | +80.7% | +157.7% | +98.4% | +33.8% | +160.1% | +62.9% | +80.9% | +42.2% | -45.9% | -45.3% | |
| P/B Ratio | 1.00 | 0.91 | 0.85 | 0.70 | 0.75 | 0.66 | 0.45 | 0.39 | 0.31 | 0.35 | 0.32 | 0.14 | 0.18 |
| — | +38.4% | +89.7% | +78.1% | +141.7% | +91.5% | +42.0% | +177.5% | +72.7% | +92.6% | +34.0% | -47.6% | -44.2% | |
| P/FCF | 1.77 | — | 0.46 | 3.90 | 20.07 | — | 6.56 | 3.25 | — | — | 4.46 | 1.39 | — |
| — | — | -93.0% | +20.3% | — | — | +47.1% | +133.2% | — | — | — | -75.7% | — | |
| EV / EBITDA | 20.79 | 15.33 | 64.33 | 7.76 | 8.52 | 7.84 | 11.61 | 6.61 | 5.69 | — | 6.15 | 5.46 | 5.73 |
| — | +95.5% | +454.0% | +17.5% | +49.8% | — | +88.7% | +21.0% | -0.8% | — | -4.9% | +6.9% | +17.7% | |
| EV / EBIT | — | 15.38 | 23.41 | 58.34 | 28.28 | 25.67 | — | 20.90 | 14.88 | — | 18.06 | 36.95 | 19.18 |
| — | -40.1% | — | +179.1% | +90.1% | — | — | -43.4% | -22.4% | — | -58.9% | +82.1% | +72.6% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Telephone and Data Systems, Inc.'s operating margin was 2.5% in Q4 2025, up 24.5 pp QoQ and down 0.4 pp YoY. The trailing four-quarter average of -3.3% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 95.5% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -5.0% | 2.5% | 23.9% | 58.5% | 60.3% | 54.5% | 57.8% | 57.8% | 57.9% | 53.7% | 55.6% | 55.2% | 54.6% |
| — | -95.5% | -58.7% | +1.3% | +4.1% | +1.5% | +4.0% | +4.7% | +6.2% | +4.9% | +12.4% | +2.1% | -2.4% | |
| Operating Margin | -5.0% | 2.5% | -22.0% | 3.4% | 3.0% | 2.9% | -6.5% | 3.2% | 5.3% | -39.9% | 3.8% | 2.6% | 2.2% |
| — | -14.9% | -237.1% | +7.1% | -42.9% | +107.3% | -274.0% | +20.9% | +138.5% | -2067.9% | +575.3% | -44.2% | -69.2% | |
| Net Margin | -0.5% | 17.1% | -26.5% | 1.0% | 0.6% | 0.5% | -5.4% | 0.2% | 2.3% | -38.6% | — | -0.2% | 0.6% |
| — | +3428.8% | -391.4% | +317.6% | -73.6% | +101.3% | — | +253.5% | +274.3% | -1993.4% | — | -106.1% | -86.8% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -0.1% | 1.1% | -1.5% | 0.2% | 0.1% | 0.1% | -1.1% | 0.0% | 0.5% | -8.1% | — | -0.0% | 0.1% |
| — | +950.3% | -32.5% | +311.0% | -75.3% | +101.3% | — | +263.6% | +297.9% | -2049.7% | — | -105.9% | -86.6% | |
| ROA | -0.1% | 0.7% | -0.7% | 0.1% | 0.1% | 0.0% | -0.5% | 0.0% | 0.2% | -3.6% | — | -0.0% | 0.1% |
| — | +1423.1% | -55.0% | +310.6% | -75.4% | +101.2% | — | +256.5% | +279.5% | -1974.0% | — | -105.6% | -87.6% | |
| ROIC | -0.5% | 0.1% | -0.6% | 0.3% | 0.2% | 0.3% | -0.6% | 0.3% | 0.5% | -3.6% | 0.3% | 0.2% | 0.2% |
| — | -60.6% | -12.7% | +6.6% | -46.1% | +107.2% | -274.6% | +22.5% | +136.7% | -1985.2% | +523.7% | -49.6% | -71.0% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Telephone and Data Systems, Inc.'s Debt/EBITDA ratio is 19.9x, down from 72.7x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 34.9% YoY to 2.10x, strengthening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.37 | 0.37 | 0.27 | 0.87 | 0.87 | 0.87 | 0.87 | 0.86 | 0.87 | 0.86 | 0.75 | 0.76 | 0.78 |
| — | -57.2% | -69.4% | +1.5% | +0.1% | +1.3% | +16.1% | +12.9% | +11.9% | +17.9% | +7.3% | +12.6% | +12.4% | |
| Debt / EBITDA | 6.74 | 19.95 | 72.72 | 18.28 | 18.94 | 18.55 | 32.53 | 18.93 | 17.34 | — | 17.97 | 19.37 | 19.56 |
| — | +7.5% | +123.6% | -3.5% | +9.2% | — | +81.0% | -2.3% | -11.3% | — | -14.3% | +23.2% | +35.7% | |
| Current Ratio | 2.10 | 2.10 | 1.89 | 1.78 | 1.75 | 1.56 | 1.59 | 1.51 | 1.58 | 1.40 | 1.27 | 1.37 | 1.55 |
| — | +34.9% | +18.8% | +18.1% | +10.7% | +10.9% | +25.6% | +10.6% | +1.6% | +4.7% | -14.5% | -17.8% | -16.9% | |
| Quick Ratio | 2.09 | 2.09 | 1.88 | 1.65 | 1.56 | 1.39 | 1.44 | 1.37 | 1.40 | 1.23 | 1.13 | 1.20 | 1.33 |
| — | +50.5% | +30.9% | +20.3% | +11.4% | +13.1% | +27.3% | +14.8% | +5.0% | +5.5% | -13.2% | -19.6% | -21.8% | |
| Interest Coverage | 1.79 | 7.93 | 1.13 | 0.53 | 1.33 | 1.18 | -0.37 | 1.18 | 2.02 | -7.30 | 1.50 | 0.61 | 1.47 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Telephone and Data Systems, Inc.'s current P/E is -69.0x. The average P/E over the last 2 quarters is 29.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Telephone and Data Systems, Inc.'s current operating margin is -5.0%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Telephone and Data Systems, Inc.'s business trajectory between earnings reports.