TELEPHONE AND DATA SYSTEMS, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2009 | 60.3% | 8.7% | 4.1% |
| FY2010 | 57.2% | 6.6% | 3.2% |
| FY2011 | 51.9% | 8.5% | 4.7% |
| FY2012 | 44.5% | 4.5% | 2.0% |
| FY2013 | 42.0% | 6.1% | 3.7% |
| FY2014 | 62.6% | -5.3% | -3.8% |
| FY2015 | 64.4% | 12.5% | 6.4% |
| FY2016 | 63.1% | 3.2% | 1.3% |
| FY2017 | 63.0% | -3.3% | 4.7% |
| FY2018 | — | 6.4% | 4.2% |