LUMN vs TDS
Lumen Technologies, Inc. and Telephone & Data Systems Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LUMN | TDS |
|---|---|---|
| Revenue | $12.4B | $1.2B |
| Net income | $-1.7B | $-6.2M |
| Gross margin | 46.5% | · |
| Net margin | −14.0% | 1.6% |
| Return on equity | · | −0.1% |
| Diluted EPS | −$1.75 | −$0.65 |
| Dividend / share | · | $0.16 |
| Payout ratio | −0.1% | · |
| Free cash flow | $371.0M | $199.4M |
| Equity | $-1.1B | $4.8B |
| Net debt / equity | · | 0.01× |
| Current ratio | 1.80× | 2.10× |
| Revenue CAGR 5y | −9.7% | · |
| Profit CAGR 5y | · | · |
LUMN bills 10.1× the revenue of TDS, and both closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | LUMN | TDS |
|---|---|---|
| FY2025 | $12.4B | $1.2B |
| FY2024 | $13.1B | $1.3B |
| FY2023 | $14.6B | $1.4B |
| FY2022 | $17.5B | $5.4B |
| FY2021 | $19.7B | $5.3B |
| FY2020 | $20.7B | $5.2B |
| FY2019 | $21.5B | $5.2B |
| FY2018 | $22.6B | $5.1B |
| FY2017 | $17.7B | $5.0B |
| FY2016 | $17.5B | $5.2B |
Bottom line
| Fiscal year | LUMN | TDS |
|---|---|---|
| FY2025 | $-1.7B | $-6.2M |
| FY2024 | $-55.0M | $-27.7M |
| FY2023 | $-10.3B | $-500.0M |
| FY2022 | $-1.5B | $62.0M |
| FY2021 | $2.0B | $156.0M |
| FY2020 | $-1.2B | $226.0M |
| FY2019 | $-5.3B | $121.0M |
| FY2018 | $-1.7B | $135.0M |
| FY2017 | $1.4B | $153.0M |
| FY2016 | $626.0M | $43.0M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$11,173,793,000 | LUMN |
| FY2024 | +$11,811,022,000 | LUMN |
| FY2023 | +$13,201,887,000 | LUMN |
| FY2022 | +$12,065,000,000 | LUMN |
| FY2021 | +$14,358,000,000 | LUMN |
| FY2020 | +$15,487,000,000 | LUMN |
| FY2019 | +$16,282,000,000 | LUMN |
| FY2018 | +$17,471,000,000 | LUMN |
| FY2017 | +$12,612,000,000 | LUMN |
| FY2016 | +$12,315,000,000 | LUMN |
| FY2015 | +$12,690,000,000 | LUMN |
| FY2014 | +$13,022,000,000 | LUMN |
| FY2013 | +$13,193,764,000 | LUMN |
| FY2012 | +$13,030,723,000 | LUMN |
| FY2011 | +$10,170,529,000 | LUMN |
| FY2010 | +$2,055,171,000 | LUMN |
| FY2009 | −$45,943,000 | TDS |
| FY2008 | −$2,491,641,000 | TDS |
The higher-revenue side has changed between LUMN and TDS over this period. The gap has widened since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −15.7 pp | TDS |
| FY2024 | +1.6 pp | LUMN |
| FY2023 | −34.8 pp | TDS |
| FY2022 | −10.2 pp | TDS |
| FY2021 | +6.8 pp | LUMN |
| FY2020 | −11.1 pp | TDS |
| FY2019 | −27.4 pp | TDS |
| FY2018 | −11.1 pp | TDS |
| FY2017 | +4.8 pp | LUMN |
| FY2016 | +2.6 pp | LUMN |
| FY2015 | −0.1 pp | TDS |
| FY2014 | +7.2 pp | LUMN |
| FY2013 | −4.7 pp | TDS |
| FY2012 | +1.9 pp | LUMN |
| FY2011 | −1.2 pp | TDS |
| FY2010 | +9.5 pp | LUMN |
| FY2009 | +7.9 pp | LUMN |
| FY2008 | +11.8 pp | LUMN |
The higher net margin has changed hands between LUMN and TDS over this period.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LUMN's net margin has been more volatile than TDS's over the 18 comparable fiscal years — 19.2 percentage points of standard deviation against 9.1.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LUMN and TDS over these 18 fiscal years — LUMN led in 9 and TDS in 9.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LUMN's return on equity has been more volatile than TDS's over the 16 comparable fiscal years — 47.5 percentage points of standard deviation against 3.6.
16 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between LUMN and TDS over these 16 fiscal years — LUMN led in 8 and TDS in 8.
16 of 18 comparable fiscal years — a year missing data on either side is not counted.