Telephone and Data Systems Inc (TDS) — Cash Flow Reinvestment Rate

Latest as of June 2026: 2.04x

Telephone and Data Systems Inc (TDS) has a Cash Flow Reinvestment Rate of 2.04x as of June 2026, reinvesting $168.88 Million (capex $168.88 Million ) from operating cash flow of $82.97 Million. See Telephone and Data Systems Inc (TDS) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

2.04x
(Capex + Investments) / Operating CF

Total Reinvested

$168.88 Million
Capex + Investments

Operating Cash Flow

$82.97 Million
USD

Capital Expenditures

$168.88 Million
USD

Telephone and Data Systems Inc Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Telephone and Data Systems Inc across 37 annual periods. For the full cash flow conversion analysis, see TDS cash flow metrics.

Annual Cash Flow Reinvestment Rate for Telephone and Data Systems Inc (1989–2025)

Year-by-year capital reinvestment analysis for Telephone and Data Systems Inc. See Telephone and Data Systems Inc (TDS) financial flexibility to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.67x $394.70 Million $589.89 Million $394.70 Million ▼ -53.8%
2024 1.45x $1.66 Billion $1.15 Billion $904.00 Million ▼ -37.3%
2023 2.31x $2.64 Billion $1.14 Billion $1.34 Billion ▼ -25.0%
2022 3.08x $3.56 Billion $1.16 Billion $1.77 Billion ▲ +194.4%
2021 1.05x $1.15 Billion $1.10 Billion $1.15 Billion ▲ +17.0%
2020 0.89x $1.37 Billion $1.53 Billion $1.37 Billion ▼ -6.8%
2019 0.96x $975.00 Million $1.02 Billion $957.00 Million ▲ +13.6%
2018 0.84x $859.00 Million $1.02 Billion $776.00 Million ▼ -16.5%
2017 1.01x $785.00 Million $776.00 Million $685.00 Million ▼ -45.2%
2016 1.85x $1.44 Billion $782.00 Million $636.00 Million ▲ +61.9%
2015 1.14x $900.63 Million $789.69 Million $800.63 Million ▼ -47.0%
2014 2.15x $849.50 Million $394.81 Million $799.50 Million ▲ +6.6%
2013 2.02x $998.80 Million $494.61 Million $883.80 Million ▲ +99.4%
2012 1.01x $1.12 Billion $1.11 Billion $995.52 Million ▲ +30.8%
2011 0.77x $971.76 Million $1.26 Billion $971.76 Million ▼ -24.0%
2010 1.02x $1.14 Billion $1.12 Billion $755.03 Million ▲ +60.3%
2009 0.64x $700.44 Million $1.10 Billion $700.44 Million ▼ -52.0%
2008 1.32x $1.12 Billion $848.89 Million $1.12 Billion ▲ +78.1%
2007 0.74x $699.57 Million $941.03 Million $699.57 Million ▼ -8.7%
2006 0.81x $722.46 Million $887.16 Million $722.46 Million ▼ -0.5%
2005 0.82x $720.56 Million $880.22 Million $720.56 Million ▼ -23.4%
2004 1.07x $798.25 Million $747.39 Million $798.25 Million ▲ +26.5%
2003 0.84x $776.97 Million $920.41 Million $776.97 Million ▼ -25.5%
2002 1.13x $899.05 Million $793.64 Million $899.05 Million ▼ -11.7%
2001 1.28x $700.15 Million $545.80 Million $700.15 Million ▲ +110.7%
2000 0.61x $456.02 Million $748.86 Million $456.02 Million ▼ -11.9%
1999 0.69x $431.00 Million $623.70 Million $431.00 Million ▼ -63.6%
1998 1.90x $676.10 Million $356.20 Million $676.10 Million ▼ -57.2%
1997 4.43x $915.30 Million $206.50 Million $915.30 Million ▲ +137.7%
1996 1.87x $550.20 Million $295.00 Million $550.20 Million ▲ +17.4%
1995 1.59x $336.20 Million $211.60 Million $336.20 Million ▲ +11.1%
1994 1.43x $321.40 Million $224.70 Million $321.40 Million ▲ +15.3%
1993 1.24x $198.70 Million $160.20 Million $198.70 Million ▼ -3.7%
1992 1.29x $148.60 Million $115.40 Million $148.60 Million ▼ -34.0%
1991 1.95x $151.80 Million $77.80 Million $151.80 Million ▲ +32.2%
1990 1.48x $136.70 Million $92.60 Million $136.70 Million ▼ -33.1%
1989 2.21x $138.70 Million $62.90 Million $138.70 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow