SHEN vs TDS
Shenandoah Telecommunications Co. and Telephone & Data Systems Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | SHEN | TDS |
|---|---|---|
| Revenue | $357.9M | $1.2B |
| Net income | $-32.9M | $-6.2M |
| Gross margin | 63.6% | · |
| Net margin | −9.2% | 1.6% |
| Return on equity | −3.7% | −0.1% |
| Diluted EPS | −$0.71 | −$0.65 |
| Dividend / share | $0.11 | $0.16 |
| Payout ratio | −19.6% | · |
| Free cash flow | $-257.9M | $199.4M |
| Equity | $880.8M | $4.8B |
| Net debt / equity | 0.68× | 0.01× |
| Current ratio | 0.90× | 2.10× |
| Revenue CAGR 5y | 10.1% | · |
| Profit CAGR 5y | · | · |
TDS bills 3.4× the revenue of SHEN, 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 | SHEN | TDS |
|---|---|---|
| FY2025 | $357.9M | $1.2B |
| FY2024 | $328.1M | $1.3B |
| FY2023 | $269.1M | $1.4B |
| FY2022 | $248.9M | $5.4B |
| FY2021 | $245.2M | $5.3B |
| FY2020 | $220.8M | $5.2B |
| FY2019 | $206.9M | $5.2B |
| FY2018 | $192.7M | $5.1B |
| FY2017 | $612.0M | $5.0B |
| FY2016 | $535.3M | $5.2B |
Bottom line
| Fiscal year | SHEN | TDS |
|---|---|---|
| FY2025 | $-32.9M | $-6.2M |
| FY2024 | $193.8M | $-27.7M |
| FY2023 | $8.0M | $-500.0M |
| FY2022 | $-8.4M | $62.0M |
| FY2021 | $998.8M | $156.0M |
| FY2020 | $125.7M | $226.0M |
| FY2019 | $55.5M | $121.0M |
| FY2018 | $46.6M | $135.0M |
| FY2017 | $66.4M | $153.0M |
| FY2016 | $-895,000 | $43.0M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$870,353,000 | TDS |
| FY2024 | −$968,920,000 | TDS |
| FY2023 | −$1,085,982,000 | TDS |
| FY2022 | −$5,164,089,000 | TDS |
| FY2021 | −$5,083,761,000 | TDS |
| FY2020 | −$5,004,225,000 | TDS |
| FY2019 | −$4,969,138,000 | TDS |
| FY2018 | −$4,916,317,000 | TDS |
| FY2017 | −$4,432,009,000 | TDS |
| FY2016 | −$4,619,712,000 | TDS |
| FY2015 | −$4,867,515,000 | TDS |
| FY2014 | −$4,682,054,000 | TDS |
| FY2013 | −$4,592,294,000 | TDS |
| FY2012 | −$5,057,202,000 | TDS |
| FY2011 | −$4,929,326,000 | TDS |
| FY2010 | −$4,791,623,000 | TDS |
| FY2009 | −$4,859,008,000 | TDS |
TDS has reported the higher revenue in every one of these 17 fiscal years. The gap has narrowed since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −10.9 pp | TDS |
| FY2024 | +61.1 pp | SHEN |
| FY2023 | +38.9 pp | SHEN |
| FY2022 | −4.7 pp | TDS |
| FY2021 | +403.8 pp | SHEN |
| FY2020 | +51.8 pp | SHEN |
| FY2019 | +24.0 pp | SHEN |
| FY2018 | +20.8 pp | SHEN |
| FY2017 | +7.7 pp | SHEN |
| FY2016 | −1.2 pp | TDS |
| FY2015 | +6.9 pp | SHEN |
| FY2014 | +13.3 pp | SHEN |
| FY2013 | +6.2 pp | SHEN |
| FY2012 | +3.4 pp | SHEN |
| FY2011 | +0.2 pp | SHEN |
| FY2010 | +5.3 pp | SHEN |
| FY2009 | +4.3 pp | SHEN |
The higher net margin has changed hands between SHEN and TDS over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SHEN's net margin has been more volatile than TDS's over the 17 comparable fiscal years — 94.2 percentage points of standard deviation against 9.4.
17 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 SHEN and TDS over these 17 fiscal years — SHEN led in 14 and TDS in 3.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SHEN's return on equity has been more volatile than TDS's over the 17 comparable fiscal years — 37.0 percentage points of standard deviation against 3.5.
17 of 17 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 SHEN and TDS over these 17 fiscal years — SHEN led in 14 and TDS in 3.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.