Telephone and Data Systems Inc (TDS)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -500,000 | 62,000 | 156,000 | 226,000 | 121,000 |
| Revenue | US$ in thousands | 5,160,000 | 5,413,000 | 5,329,000 | 5,225,000 | 5,176,000 |
| Net profit margin | -9.69% | 1.15% | 2.93% | 4.33% | 2.34% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-500,000K ÷ $5,160,000K
= -9.69%
The net profit margin of Telephone And Data Systems, Inc. has been fluctuating over the past five years. In 2019, the company had a net profit margin of 2.34%, which decreased to 4.33% in 2020 before dropping further to 2.20% in 2021. The trend then took a significant turn in 2022 when the net profit margin decreased to -0.13%. However, the trend worsened in 2023 as the net profit margin sharply declined to -11.03%.
These fluctuations in the net profit margin indicate inconsistencies in the company's ability to generate profit relative to its revenue. The negative net profit margin in 2023 suggests that the company's expenses exceeded its revenues, leading to a net loss for that period. It is essential for Telephone And Data Systems, Inc. to analyze the reasons behind these fluctuations and work towards improving profitability in the future.
Peer comparison
Dec 31, 2023