Latest period
118M
YoY change
+1.0%
5Y CAGR
+0.0%
Peak year (FY1998)
165M
Latest annual
115M
Shares Outstanding history chart for Telephone and Data Systems (TDS) from 2016 to 2025
Latest: 115M
Shares Outstanding growth chart for Telephone and Data Systems (TDS) from 2016 to 2025
Latest: +1.0%
Shares Outstanding history table for Telephone and Data Systems (TDS) from 1985 to 2025
| FY2025 | 115M | +1.0% | +1.18M | ||
| FY2024 | 114M | +0.9% | +1M | ||
| FY2023 | 113M | -0.9% | -1M | ||
| FY2022 | 114M | -1.7% | -2M | ||
| FY2021 | 116M | +0.9% | +1M | ||
| FY2020 | 115M | -0.9% | -1M | ||
| FY2019 | 116M | +1.8% | +2M | ||
| FY2018 | 114M | +1.8% | +2M | ||
| FY2017 | 112M | +0.9% | +1M | ||
| FY2016 | 111M | +1.0% | +1.09M | ||
| FY2015 | 110M | +1.3% | +1.43M | ||
| FY2014 | 108M | -0.6% | -647K | ||
| FY2013 | 109M | +0.2% | +195K | ||
| FY2012 | 109M | -8.1% | -9.65M | ||
| FY2011 | 119M | +3.4% | +3.91M | ||
| FY2010 | 115M | -3.7% | -4.43M | ||
| FY2009 | 119M | -5.7% | -7.26M | ||
| FY2008 | 126M | -2.4% | -3.12M | ||
| FY2007 | 129M | +2.0% | +2.48M | ||
| FY2006 | 127M | +0.7% | +829K | ||
| FY2005 | 126M | +0.8% | +1.03M | ||
| FY2004 | 125M | -0.3% | -335K | ||
| FY2003 | 125M | -1.6% | -2.01M | ||
| FY2002 | 127M | -0.0% | -35.9K | ||
| FY2001 | 128M | -3.3% | -4.29M | ||
| FY2000 | 132M | +24.5% | +26M | ||
| FY1999 | 106M | -35.7% | -58.8M | ||
| FY1998 | 165M | +25.1% | +33.1M | ||
| FY1997 | 132M | -0.6% | -851K | ||
| FY1996 | 132M | +4.4% | +5.62M | ||
| FY1995 | 127M | +6.6% | +7.86M | ||
| FY1994 | 119M | +16.4% | +16.7M | ||
| FY1993 | 102M | +18.4% | +15.9M | ||
| FY1992 | 86.4M | +20.8% | +14.9M | ||
| FY1991 | 71.5M | +8.8% | +5.76M | ||
| FY1990 | 65.7M | +8.0% | +4.85M | ||
| FY1989 | 60.9M | +15.8% | +8.29M | ||
| FY1988 | 52.6M | +8.4% | +4.08M | ||
| FY1987 | 48.5M | +5.0% | +2.3M | ||
| FY1986 | 46.2M | -6.1% | -3M | ||
| FY1985 | 49.2M | — | — |
- FY2025115M+1.0%
- FY2024114M+0.9%
- FY2023113M-0.9%
- FY2022114M-1.7%
- FY2021116M+0.9%
- FY2020115M-0.9%
- FY2019116M+1.8%
- FY2018114M+1.8%
- FY2017112M+0.9%
- FY2016111M+1.0%
- FY2015110M+1.3%
- FY2014108M-0.6%
- FY2013109M+0.2%
- FY2012109M-8.1%
- FY2011119M+3.4%
- FY2010115M-3.7%
- FY2009119M-5.7%
- FY2008126M-2.4%
- FY2007129M+2.0%
- FY2006127M+0.7%
- FY2005126M+0.8%
- FY2004125M-0.3%
- FY2003125M-1.6%
- FY2002127M-0.0%
- FY2001128M-3.3%
- FY2000132M+24.5%
- FY1999106M-35.7%
- FY1998165M+25.1%
- FY1997132M-0.6%
- FY1996132M+4.4%
- FY1995127M+6.6%
- FY1994119M+16.4%
- FY1993102M+18.4%
- FY199286.4M+20.8%
- FY199171.5M+8.8%
- FY199065.7M+8.0%
- FY198960.9M+15.8%
- FY198852.6M+8.4%
- FY198748.5M+5.0%
- FY198646.2M-6.1%
- FY198549.2M—
Shares Outstanding values are taken from Telephone and Data Systems's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Shares Outstanding at Telephone and Data Systems (TDS)
According to Telephone and Data Systems's latest reported financial statements, the company's latest reported diluted shares outstanding is 118M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Telephone and Data Systems (TDS) diluted shares outstanding totalled 115M – edged up 1.0% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Telephone and Data Systems diluted shares outstanding compounded at +0.0% per year, sustaining 2 straight years of year-over-year growth.
Telephone and Data Systems diluted shares outstanding plunged from 165M in 1998 to 115M in 2025, a 30.1% drawdown.
Across the available history, diluted shares outstanding reached its high of 165M in 1998 and its low of 46.2M in 1986.
Telephone and Data Systems Shares Outstanding by Year
Telephone and Data Systems Shares Outstanding 2025: 115M
In 2025, Telephone and Data Systems reported diluted shares outstanding of 115M, edged up 1.0% from 2024.
Telephone and Data Systems Shares Outstanding 2024: 114M
Telephone and Data Systems diluted shares outstanding in 2024 was 114M, edged up 0.9% from 2023.
Telephone and Data Systems Shares Outstanding 2023: 113M
2023's diluted shares outstanding for Telephone and Data Systems came in at 113M, edged down 0.9% below 2022.
Telephone and Data Systems Shares Outstanding 2022: 114M
Telephone and Data Systems posted diluted shares outstanding of 114M in 2022, edged down 1.7% below 2021.
Telephone and Data Systems Shares Outstanding 2021: 116M
Telephone and Data Systems diluted shares outstanding in 2021 was 116M.
See more financial history for Telephone and Data Systems (TDS).
Sector peers by Shares Outstanding
Communication Services peers of Telephone and Data Systems (TDS), ranked by their latest diluted shares outstanding
| 12.2B | |
| 7.18B | |
| 4.32B | |
| 4.23B | |
| 2.57B | |
| 1.81B | |
| 1.13B | |
| 211M |
- 12.2B
- 7.18B
- 4.32B
- 4.23B
- 2.57B
- 1.81B
- 1.13B
- 211M
Frequently asked questions
Telephone and Data Systems (TDS) Key Financials
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Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks3.30% TTM
- Dividend Profile30.66% yield
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- Stock Split History4 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.