Telephone & Data Systems annual return on equity
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Telephone & Data Systems Return on Equity (ROE) Growth & History (TDS)
Telephone & Data Systems's return on equity was −0.13% for fiscal 2025.
View full Telephone & Data Systems company overviewTelephone & Data Systems annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −0.13% | +0.41 pp |
| 2024 | 2024-12-31 | −0.54% | +8.51 pp |
| 2023 | 2023-12-31 | −9.05% | −10.10 pp |
| 2022 | 2022-12-31 | 1.05% | −1.85 pp |
| 2021 | 2021-12-31 | 2.91% | −1.87 pp |
| 2020 | 2020-12-31 | 4.78% | +2.15 pp |
| 2019 | 2019-12-31 | 2.63% | −0.43 pp |
| 2018 | 2018-12-31 | 3.06% | −0.58 pp |
| 2017 | 2017-12-31 | 3.64% | +2.60 pp |
| 2016 | 2016-12-31 | 1.04% | −4.40 pp |
| 2015 | 2015-12-31 | 5.44% | +8.82 pp |
| 2014 | 2014-12-31 | −3.38% | −6.87 pp |
| 2013 | 2013-12-31 | 3.49% | +1.44 pp |
| 2012 | 2012-12-31 | 2.05% | −3.10 pp |
| 2011 | 2011-12-31 | 5.16% | +1.34 pp |
| 2010 | 2010-12-31 | 3.82% | −0.86 pp |
| 2009 | 2009-12-31 | 4.68% | — |
Telephone & Data Systems quarterly return on equity
Q2.10
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Q3.17
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Q1.23
Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.91% | +5.68 pp |
| Q1 2026 | 2026-03-31 | 2.97% | +2.83 pp |
| Q4 2025 | 2025-12-31 | 1.22% | +1.10 pp |
| Q3 2025 | 2025-09-30 | −1.73% | −0.44 pp |
| Q2 2025 | 2025-06-30 | 0.23% | +0.17 pp |
| Q1 2025 | 2025-03-31 | 0.15% | −0.41 pp |
| Q4 2024 | 2024-12-31 | 0.12% | +9.38 pp |
| Q3 2024 | 2024-09-30 | −1.29% | −1.29 pp |
| Q2 2024 | 2024-06-30 | 0.06% | +0.09 pp |
| Q1 2024 | 2024-03-31 | 0.56% | +0.42 pp |
| Q4 2023 | 2023-12-31 | −9.26% | −8.82 pp |
| Q3 2023 | 2023-09-30 | 0.00% | +0.14 pp |
| Q2 2023 | 2023-06-30 | −0.03% | −0.62 pp |
| Q1 2023 | 2023-03-31 | 0.14% | −0.89 pp |
| Q4 2022 | 2022-12-31 | −0.44% | −0.95 pp |
| Q3 2022 | 2022-09-30 | −0.14% | −0.85 pp |
| Q2 2022 | 2022-06-30 | 0.59% | +0.07 pp |
| Q1 2022 | 2022-03-31 | 1.03% | −0.15 pp |
| Q4 2021 | 2021-12-31 | 0.51% | +0.22 pp |
| Q3 2021 | 2021-09-30 | 0.72% | −0.92 pp |
| Q2 2021 | 2021-06-30 | 0.52% | −0.86 pp |
| Q1 2021 | 2021-03-31 | 1.17% | −0.30 pp |
| Q4 2020 | 2020-12-31 | 0.29% | +0.05 pp |
| Q3 2020 | 2020-09-30 | 1.63% | +1.25 pp |
| Q2 2020 | 2020-06-30 | 1.37% | +0.66 pp |
| Q1 2020 | 2020-03-31 | 1.47% | +0.19 pp |
| Q4 2019 | 2019-12-31 | 0.24% | −0.14 pp |
| Q3 2019 | 2019-09-30 | 0.39% | −0.63 pp |
| Q2 2019 | 2019-06-30 | 0.71% | −0.02 pp |
| Q1 2019 | 2019-03-31 | 1.29% | +0.39 pp |
| Q4 2018 | 2018-12-31 | 0.37% | −6.58 pp |
| Q3 2018 | 2018-09-30 | 1.02% | +5.46 pp |
| Q2 2018 | 2018-06-30 | 0.74% | +0.50 pp |
| Q1 2018 | 2018-03-31 | 0.89% | +0.00 pp |
| Q4 2017 | 2017-12-31 | 6.96% | +7.10 pp |
| Q3 2017 | 2017-09-30 | −4.44% | −4.76 pp |
| Q2 2017 | 2017-06-30 | 0.24% | −0.44 pp |
| Q1 2017 | 2017-03-31 | 0.89% | +0.70 pp |
| Q4 2016 | 2016-12-31 | −0.14% | −0.12 pp |
| Q3 2016 | 2016-09-30 | 0.31% | −0.93 pp |
| Q2 2016 | 2016-06-30 | 0.68% | +0.11 pp |
| Q1 2016 | 2016-03-31 | 0.19% | −3.46 pp |
| Q4 2015 | 2015-12-31 | −0.02% | +0.39 pp |
| Q3 2015 | 2015-09-30 | 1.24% | +4.14 pp |
| Q2 2015 | 2015-06-30 | 0.56% | +1.10 pp |
| Q1 2015 | 2015-03-31 | 3.65% | +3.21 pp |
| Q4 2014 | 2014-12-31 | −0.41% | −0.26 pp |
| Q3 2014 | 2014-09-30 | −2.89% | −2.66 pp |
| Q2 2014 | 2014-06-30 | −0.54% | −4.37 pp |
| Q1 2014 | 2014-03-31 | 0.44% | +0.41 pp |
| Q4 2013 | 2013-12-31 | −0.15% | +0.89 pp |
| Q3 2013 | 2013-09-30 | −0.23% | −0.95 pp |
| Q2 2013 | 2013-06-30 | 3.84% | +2.78 pp |
| Q1 2013 | 2013-03-31 | 0.04% | −1.28 pp |
| Q4 2012 | 2012-12-31 | −1.04% | −0.88 pp |
| Q3 2012 | 2012-09-30 | 0.72% | −1.09 pp |
| Q2 2012 | 2012-06-30 | 1.05% | −1.32 pp |
| Q1 2012 | 2012-03-31 | 1.31% | +0.17 pp |
| Q4 2011 | 2011-12-31 | −0.16% | −0.54 pp |
| Q3 2011 | 2011-09-30 | 1.81% | +0.72 pp |
| Q2 2011 | 2011-06-30 | 2.38% | +1.31 pp |
| Q1 2011 | 2011-03-31 | 1.14% | — |
| Q4 2010 | 2010-12-31 | 0.39% | — |
| Q3 2010 | 2010-09-30 | 1.09% | — |
| Q2 2010 | 2010-06-30 | 1.06% | — |
Telephone & Data Systems return on equity trends
Over the last five fiscal years, Telephone & Data Systems's return on equity decreased from 4.78% to −0.13%, a change of −4.91 percentage points. The latest reported quarter, Q2 2026, shows 5.91%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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