Telephone and Data Systems Inc (TDS)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -500,000 | -19,000 | -27,000 | 10,000 | 63,000 | 118,000 | 166,000 | 158,000 | 156,000 | 140,000 | 178,000 | 216,000 | 226,000 | 223,000 | 163,000 | 131,000 | 121,000 | 126,000 | 154,000 | 154,000 |
| Total stockholders’ equity | US$ in thousands | 5,202,000 | 5,726,000 | 5,752,000 | 5,816,000 | 5,849,000 | 5,904,000 | 5,939,000 | 5,960,000 | 5,927,000 | 5,911,000 | 5,221,000 | 5,252,000 | 4,804,000 | 4,804,000 | 4,738,000 | 4,720,000 | 4,653,000 | 4,646,000 | 4,625,000 | 4,611,000 |
| ROE | -9.61% | -0.33% | -0.47% | 0.17% | 1.08% | 2.00% | 2.80% | 2.65% | 2.63% | 2.37% | 3.41% | 4.11% | 4.70% | 4.64% | 3.44% | 2.78% | 2.60% | 2.71% | 3.33% | 3.34% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-500,000K ÷ $5,202,000K
= -9.61%
Telephone And Data Systems, Inc.'s return on equity (ROE) has shown fluctuations over the past eight quarters. The ROE has been negative in the last four quarters, with Q4 2023 recording the lowest value of -10.94%. This indicates that the company's net income generated from shareholder equity has not been favorable during these periods. Comparing this to the positive ROE values in the earlier quarters of 2022, it is evident that there has been a decline in the company's profitability relative to the shareholder's equity. Further analysis of the company's financial performance and efficiency in utilizing equity capital may be required to understand the reasons behind the downward trend in ROE.
Peer comparison
Dec 31, 2023