Telephone and Data Systems Inc (TDS)

Pretax margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	-20,000	-581,000	-446,000	-444,000	-477,000	33,000	-11,000	40,000	124,000	193,000	272,000	229,000	222,000	207,000	240,000	303,000	287,000	285,000	224,000	193,000
Revenue (ttm)	US$ in thousands	4,964,000	5,036,000	5,090,000	5,119,000	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
Pretax margin		-0.40%	-11.54%	-8.76%	-8.67%	-9.24%	0.63%	-0.21%	0.74%	2.29%	3.56%	5.07%	4.30%	4.17%	3.88%	4.50%	5.74%	5.49%	5.50%	4.32%	3.73%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-20,000K ÷ $4,964,000K
= -0.40%

The pretax margin of Telephone and Data Systems Inc has shown fluctuating trends over the analyzed period, ranging from a positive 5.74% in March 2021 to a negative 11.54% in September 2024. The company experienced a gradual decline in pretax margin from March 2021 to September 2022, with a slight recovery in June 2022. However, from December 2022 onwards, the pretax margin turned negative, reaching its lowest point in September 2024. This declining trend suggests potential challenges in generating profits before taxes, possibly due to increased expenses or decreased revenues during this period. It is important for the company to closely monitor its cost structure and revenue streams to improve its financial performance and restore profitability.