Company / Operating Margin
Telephone and Data Systems, Inc. Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-7.9%
FY2025
5-year range
-50.4% / 4.9%
FY2021-FY2025
Trend
+46.2%
vs FY2024
Sector context
#52 of 60
Communication Services
What the data says
Telephone and Data Systems, Inc.'s operating margin of -7.9% is lower than 87% of companies in the Communication Services sector (FY2025). Operating Margin has fluctuated over the past 10 years, ranging from -50.4% in FY2023 to 5.0% in FY2020.
Based on SEC 10-K filings.
-7.9% in FY2025 with a 5-year CAGR of -12.9%.
Improved from -50.4% to -7.9% over the past 2 years.
Communication Services sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -10.2pp
- 5-Year Change
- -12.9pp
- 10-Year Change
- -
Sector benchmark
-319.2% below sector average
Key checks
Key Insights
- In FY2025, operating margin increased 46.2% year-over-year.
- Currently 11.5pp below the Communication Services sector average.
- Peak operating margin was recorded in FY2020.
- Lowest operating margin in the period was in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.88 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -7.9% | +46.2% |
| FY2024 | -14.8% | +70.7% |
| FY2023 | -50.4% | -2338.7% |
| FY2022 | 2.3% | -54.1% |
| FY2021 | 4.9% | -1.2% |
| FY2020 | 5.0% | +43.4% |
| FY2019 | 3.5% | -13.7% |
| FY2018 | 4.0% | +287.4% |
| FY2017 | -2.1% | -201.9% |
| FY2016 | 2.1% | -74.6% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026