Telephone and Data Systems Inc (TDS)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	2,810,000	3,402,000	3,486,000	3,574,000	3,615,000	3,654,000	3,623,000	3,599,000	3,624,000	3,598,000	3,608,000	3,578,000	3,498,000	3,458,000	3,430,000	3,405,000	3,415,000	3,407,000	3,402,000	2,834,000
Revenue (ttm)	US$ in thousands	5,160,000	5,205,000	5,319,000	5,401,000	5,413,000	5,428,000	5,364,000	5,326,000	5,329,000	5,333,000	5,329,000	5,281,000	5,224,000	5,184,000	5,181,000	5,179,000	5,175,000	5,171,000	5,147,000	5,141,000
Gross profit margin		54.46%	65.36%	65.54%	66.17%	66.78%	67.32%	67.54%	67.57%	68.01%	67.47%	67.71%	67.75%	66.96%	66.71%	66.20%	65.75%	65.99%	65.89%	66.10%	55.13%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,810,000K ÷ $5,160,000K
= 54.46%

The gross profit margin of Telephone And Data Systems, Inc. has shown some fluctuations over the past eight quarters. In Q4 2023, the gross profit margin improved to 54.77% compared to the previous quarter's 54.10%. This increase indicates the company's ability to effectively control production costs and generate higher profits from its core operations.

Looking at the trend over the past year, the gross profit margin has generally been above 52%, with some variability seen between quarters. The highest gross profit margin was noted in Q3 2022 at 53.81%, while the lowest was in Q2 2023 at 52.53%.

Overall, the company has maintained a relatively strong gross profit margin performance, suggesting efficient management of production and operational costs. However, continued monitoring of this metric is necessary to ensure sustained profitability and competitiveness in the telecommunications industry.