TDS
Telephone & Data Systems margins
- Stocks
- Communication Services
- NYSE: TDS
- Margins
Telephone & Data Systems has its operating margin is negative at -3.9%, alongside a gross margin of 59.1%, an operating margin of -3.9%, an EBITDA margin of 87.4%, and a net margin of 43.4%. The company's available margins all improved, with EBITDA margin showing the strongest expansion of 58.1 percentage points.
TDS margin history
Over the last 3 years, Telephone & Data Systems recorded average margins of 55.62% gross, -39% operating, 7.08% EBITDA, and -16.47% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.
TDS margin expansion
All available margins expanded year over year, led by EBITDA margin with an increase of 58.1 percentage points.
TDS Gross margin
Over the last 3 years, Telephone & Data Systems's gross margin averaged 55.62%. The current gross margin of 59.1% is 3.5 percentage points above its three-year average. During this period, gross margin reached a high of 59.6% in Mar 2026 and a low of 49.1% in Sep 2024.
TDS Operating margin
Telephone & Data Systems recorded an average operating margin of -39% across the last 3 years. Currently, the current operating margin for Telephone & Data Systems is -3.9%, 35.1 percentage points above its three-year average. The operating margin for Telephone & Data Systems moved between -249.1% in Sep 2024 and -3.9% in Sep 2026.
TDS EBITDA margin
Telephone & Data Systems's EBITDA margin averaged 7.08% over the last 3 years. Against its three-year average, Telephone & Data Systems's EBITDA margin is currently 87.4%, 80.3 percentage points above its three-year average. Over the last 3 years, Telephone & Data Systems's EBITDA margin peaked at 87.4% in Sep 2026 and reached a low of -208.7% in Sep 2024.
TDS Net margin
Telephone & Data Systems recorded an average net margin of -16.47% across the last 3 years. Compared with its three-year average, Telephone & Data Systems's current net margin is 43.4% and is 59.9 percentage points above its three-year average. Over the last 3 years, Telephone & Data Systems's net margin peaked at 43.4% in Sep 2026 and reached a low of -161.3% in Sep 2024.
TDS margin group comparison
With a gross margin of 59.1%, TDS is above the Communication Services sector and its peers average but below the industry average. Compared to its Communication Services sector average of 49.3%, Telephone & Data Systems's gross margin is 20% higher.
TDS margin peer comparison
Frequently asked questions
What is Telephone & Data Systems's gross margin?
The current gross margin for TDS is 59.1% as of Sep 30, 2026.
What is Telephone & Data Systems's operating margin?
The current operating margin for TDS is -3.9% as of Sep 30, 2026.
What is Telephone & Data Systems's EBITDA margin?
As of Sep 30, 2026, TDS has an EBITDA margin of 87.4%.
What is Telephone & Data Systems's net margin?
For the period ending Sep 30, 2026, TDS recorded a net margin of 43.4%.
What are the average margins of TDS?
The three-year average margins for TDS were 55.6% gross, -39.0% operating, 7.1% EBITDA, and -16.5% net.
What are the highest historical margins of TDS?
Over the last 5 years, Telephone & Data Systems's highest margins were 59.6% gross in Mar 2026, 4.9% operating in Dec 2021, 87.4% EBITDA in Sep 2026, and 43.4% net in Sep 2026.
What are the lowest historical margins of TDS?
Over the last 5 years, Telephone & Data Systems's lowest margins were 49.1% gross in Sep 2024, -249.1% operating in Sep 2024, -208.7% EBITDA in Sep 2024, and -161.3% net in Sep 2024.