TELEPHONE AND DATA SYSTEMS, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2014 | 73.1% | -3.8% | -2.7% |
| FY2015 | 76.5% | 8.3% | 4.2% |
| FY2016 | 75.9% | 2.1% | 0.8% |
| FY2017 | 76.3% | -2.1% | 3.0% |
| FY2018 | — | 4.0% | 2.6% |
| FY2019 | — | 3.5% | 2.3% |
| FY2020 | — | 5.0% | 4.3% |
| FY2021 | — | 4.9% | 2.9% |
| FY2022 | — | 2.3% | 1.1% |
| FY2023 | — | -50.4% | -36.9% |