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Telephone and Data Systems (TDS) Cash Flow Waterfall

Trace Telephone and Data Systems's operating cash flow down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

TTM

Operating CF

$473M

Capex

-$417M

Free Cash Flow

$56.6M

FCF Margin

+12.0%

Cash flow waterfall for Telephone and Data Systems (TDS) — TTM through Q1 2026

Free cash flow: $56.6M

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for Telephone and Data Systems (TDS) — TTM through Q1 2026

  • Operating Cash Flow$473M
  • Capital Expenditure-$417M
  • Free Cash Flow$56.6M
  • Acquisitions$1.04B
  • Other Investing$2.51B
  • Share Buybacks-$160M
  • Dividends Paid-$87.5M
  • Net Debt Change-$1.79B
  • Other Financing & FX-$579M
  • Net Cash Increase$996M
Want to see what drove the FCF change?Free Cash Flow Bridge

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