TDS vs VZ
Telephone & Data Systems Inc. and Verizon Communications Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | TDS | VZ |
|---|---|---|
| Revenue | $1.2B | $138.2B |
| Net income | $-6.2M | $17.2B |
| Gross margin | · | · |
| Net margin | 1.6% | 12.7% |
| Return on equity | −0.1% | 16.6% |
| Diluted EPS | −$0.65 | $4.06 |
| Dividend / share | $0.16 | $2.73 |
| Payout ratio | · | 66.9% |
| Free cash flow | $199.4M | · |
| Equity | $4.8B | · |
| Net debt / equity | 0.01× | 1.32× |
| Current ratio | 2.10× | 0.91× |
| Revenue CAGR 5y | · | 1.5% |
| Profit CAGR 5y | · | −0.7% |
VZ bills 112.5× 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 | TDS | VZ |
|---|---|---|
| FY2025 | $1.2B | $138.2B |
| FY2024 | $1.3B | $134.8B |
| FY2023 | $1.4B | $134.0B |
| FY2022 | $5.4B | $136.8B |
| FY2021 | $5.3B | $133.6B |
| FY2020 | $5.2B | $128.3B |
| FY2019 | $5.2B | $131.9B |
| FY2018 | $5.1B | $130.9B |
| FY2017 | $5.0B | $126.0B |
| FY2016 | $5.2B | $126.0B |
Bottom line
| Fiscal year | TDS | VZ |
|---|---|---|
| FY2025 | $-6.2M | $17.2B |
| FY2024 | $-27.7M | $17.5B |
| FY2023 | $-500.0M | $11.6B |
| FY2022 | $62.0M | $21.3B |
| FY2021 | $156.0M | $22.1B |
| FY2020 | $226.0M | $17.8B |
| FY2019 | $121.0M | $19.3B |
| FY2018 | $135.0M | $15.5B |
| FY2017 | $153.0M | $30.1B |
| FY2016 | $43.0M | $13.1B |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$136,962,793,000 | VZ |
| FY2024 | −$133,491,022,000 | VZ |
| FY2023 | −$132,618,887,000 | VZ |
| FY2022 | −$131,422,000,000 | VZ |
| FY2021 | −$128,284,000,000 | VZ |
| FY2020 | −$123,067,000,000 | VZ |
| FY2019 | −$126,692,000,000 | VZ |
| FY2018 | −$125,754,000,000 | VZ |
| FY2017 | −$120,990,000,000 | VZ |
| FY2016 | −$120,825,000,000 | VZ |
| FY2015 | −$126,410,000,000 | VZ |
| FY2014 | −$122,070,000,000 | VZ |
| FY2013 | −$115,648,764,000 | VZ |
| FY2012 | −$110,500,723,000 | VZ |
| FY2011 | −$105,694,529,000 | VZ |
| FY2010 | −$101,578,171,000 | VZ |
| FY2009 | −$102,788,057,000 | VZ |
| FY2008 | −$92,262,612,000 | VZ |
VZ 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 | −11.1 pp | VZ |
| FY2024 | −15.4 pp | VZ |
| FY2023 | −45.0 pp | VZ |
| FY2022 | −14.6 pp | VZ |
| FY2021 | −13.4 pp | VZ |
| FY2020 | −9.2 pp | VZ |
| FY2019 | −12.2 pp | VZ |
| FY2018 | −8.8 pp | VZ |
| FY2017 | −21.1 pp | VZ |
| FY2016 | −9.8 pp | VZ |
| FY2015 | −8.9 pp | VZ |
| FY2014 | −12.3 pp | VZ |
| FY2013 | −16.1 pp | VZ |
| FY2012 | −6.8 pp | VZ |
| FY2011 | −4.2 pp | VZ |
| FY2010 | −5.6 pp | VZ |
| FY2009 | −5.7 pp | VZ |
| FY2008 | −1.8 pp | VZ |
VZ has kept the higher net margin in every one of these 18 fiscal years.
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 VZ's over the 18 comparable fiscal years — 9.1 percentage points of standard deviation against 4.5.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
VZ led in net margin in every one of the 18 comparable fiscal years — a structural lead, not a recent swing.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VZ's return on equity has been more volatile than TDS's over the 17 comparable fiscal years — 30.1 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 TDS and VZ over these 17 fiscal years — TDS led in 3 and VZ in 14.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.