T vs TDS
AT&T Inc. and Telephone & Data Systems Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | T | TDS |
|---|---|---|
| Revenue | $125.6B | $1.2B |
| Net income | $22.0B | $-6.2M |
| Gross margin | · | · |
| Net margin | 18.6% | 1.6% |
| Return on equity | 17.9% | −0.1% |
| Diluted EPS | $3.04 | −$0.65 |
| Dividend / share | $1.11 | $0.16 |
| Payout ratio | 37.3% | · |
| Free cash flow | $19.4B | $199.4M |
| Equity | · | $4.8B |
| Net debt / equity | 0.99× | 0.01× |
| Current ratio | 0.91× | 2.10× |
| Revenue CAGR 5y | −2.6% | · |
| Profit CAGR 5y | · | · |
T bills 102.3× the revenue of TDS, and TDS 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 | T | TDS |
|---|---|---|
| FY2025 | $125.6B | $1.2B |
| FY2024 | $122.3B | $1.3B |
| FY2023 | $122.4B | $1.4B |
| FY2022 | $120.7B | $5.4B |
| FY2021 | $134.0B | $5.3B |
| FY2020 | $143.1B | $5.2B |
| FY2019 | $181.2B | $5.2B |
| FY2018 | $170.8B | $5.1B |
| FY2017 | $160.5B | $5.0B |
| FY2016 | $163.8B | $5.2B |
Bottom line
| Fiscal year | T | TDS |
|---|---|---|
| FY2025 | $22.0B | $-6.2M |
| FY2024 | $10.9B | $-27.7M |
| FY2023 | $14.4B | $-500.0M |
| FY2022 | $-8.5B | $62.0M |
| FY2021 | $20.1B | $156.0M |
| FY2020 | $-5.2B | $226.0M |
| FY2019 | $13.9B | $121.0M |
| FY2018 | $19.4B | $135.0M |
| FY2017 | $29.4B | $153.0M |
| FY2016 | $13.0B | $43.0M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$124,419,793,000 | T |
| FY2024 | +$121,039,022,000 | T |
| FY2023 | +$121,072,887,000 | T |
| FY2022 | +$115,328,000,000 | T |
| FY2021 | +$128,709,000,000 | T |
| FY2020 | +$137,825,000,000 | T |
| FY2019 | +$176,017,000,000 | T |
| FY2018 | +$165,647,000,000 | T |
| FY2017 | +$155,502,000,000 | T |
| FY2016 | +$158,631,000,000 | T |
| FY2015 | +$141,591,000,000 | T |
| FY2014 | +$127,438,000,000 | T |
| FY2013 | +$123,850,764,000 | T |
| FY2012 | +$122,088,723,000 | T |
| FY2011 | +$121,542,529,000 | T |
| FY2010 | +$119,293,171,000 | T |
| FY2009 | +$117,493,057,000 | T |
| FY2008 | +$118,351,612,000 | T |
T has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +17.0 pp | T |
| FY2024 | +12.1 pp | T |
| FY2023 | +48.7 pp | T |
| FY2022 | −7.2 pp | TDS |
| FY2021 | +12.5 pp | T |
| FY2020 | −7.8 pp | TDS |
| FY2019 | +5.4 pp | T |
| FY2018 | +8.3 pp | T |
| FY2017 | +15.5 pp | T |
| FY2016 | +7.1 pp | T |
| FY2015 | +4.3 pp | T |
| FY2014 | +8.0 pp | T |
| FY2013 | +11.1 pp | T |
| FY2012 | +3.6 pp | T |
| FY2011 | −1.7 pp | TDS |
| FY2010 | +12.3 pp | T |
| FY2009 | +5.1 pp | T |
| FY2008 | −4.2 pp | TDS |
The higher net margin has changed hands between T and TDS over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TDS's net margin has been more volatile than T's over the 18 comparable fiscal years — 9.1 percentage points of standard deviation against 7.0.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between T and TDS over these 18 fiscal years — T led in 14 and TDS in 4.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
T's return on equity has been more volatile than TDS's over the 17 comparable fiscal years — 7.2 percentage points of standard deviation against 3.5.
17 of 19 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 T and TDS over these 17 fiscal years — T led in 14 and TDS in 3.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.