Telefónica, S.A. (TEF) Earnings History
Annual and quarterly earnings data from 1989 to 2024
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TEF EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
TEF Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 69.6% | 5.8% | -0.1% |
| 2023 | 49.8% | 6.4% | -2.2% |
| 2022 | 69.6% | 10.1% | 5.0% |
| 2021 | 70.8% | 34.6% | 20.7% |
| 2020 | 71.8% | 9.6% | 3.7% |
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Telefónica, S.A. (TEF) Earnings Overview
As of May 6, 2026, Telefónica, S.A. (TEF) reported trailing twelve-month net income of -$2.12B, reflecting +71.8% year-over-year growth. The company earned $-0.38 per diluted share over the past four quarters, with a net profit margin of -0.1%.
Looking at the long-term picture, TEF's historical earnings data spans multiple years. The company achieved its highest annual net income of $10.17B in fiscal 2010.
Telefónica, S.A. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including T ($21.41B net income, 17.4% margin), VZ ($17.17B net income, 12.4% margin), VOD (-$3.03B net income, -11.1% margin), TEF has room to improve margins relative to the peer group. Compare TEF vs T →
TEF Earnings vs Peers
Earnings metrics vs comparable public companies
TEF Historical Earnings Data (1989–2024)
29 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | -$49M | +94.5% | $2.40B | $-0.06 | -0.1% | 5.8% |
| 2023 | -$892M | -144.4% | $2.59B | $-0.20 | -2.2% | 6.4% |
| 2022 | $2.01B | -75.3% | $4.06B | $0.31 | 5.0% | 10.1% |
| 2021 | $8.14B | +414.3% | $13.59B | $1.38 | 20.7% | 34.6% |
| 2020 | $1.58B | +38.5% | $4.14B | $0.23 | 3.7% | 9.6% |
| 2019 | $1.14B | -65.7% | $4.54B | $0.32 | 2.4% | 9.4% |
| 2018 | $3.33B | +6.4% | $6.52B | $0.64 | 6.8% | 13.4% |
| 2017 | $3.13B | +32.2% | $6.79B | $0.56 | 6.0% | 13.1% |
| 2016 | $2.37B | -13.7% | $5.47B | $0.42 | 4.6% | 10.5% |
| 2015 | $2.75B | -8.5% | $2.90B | $0.51 | 5.8% | 6.1% |
Full TEF Stock Analysis
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Start ComparisonTEF — Frequently Asked Questions
Quick answers to the most common questions about buying TEF stock.
Is TEF growing earnings?
TEF EPS is $-0.38, with earnings growth accelerating to +71.8%. This exceeds the 5-year CAGR of N/A. TTM net income reached $-2.1B.
What are TEF's profit margins?
Telefónica, S.A. net margin is -0.1%, with operating margin at +5.8%. Below-average margins reflect competitive or cost pressures.
How consistent are TEF's earnings?
TEF earnings data spans 1989-2024. The accelerating earnings trend is +71.8% YoY. Historical data enables comparison across business cycles.