Array Digital Infrastructure (AD) vs Telephone and Data Systems (TDS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Telephone and Data Systems (TDS) has outperformed Array Digital Infrastructure (AD) over the past year, losing 9.7% versus a loss of 30.9%. Over five years, TDS leads with a +81.9% price change compared with +8.0% for AD. Telephone and Data Systems is the larger company by market cap ($4.07 billion vs $2.95 billion), about 1.4 times the size.
On valuation, Array Digital Infrastructure trades at a lower trailing P/E (4.5x vs 8.8x for Telephone and Data Systems). Array Digital Infrastructure offers the higher dividend yield (32.22% vs 0.45%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AD | TDS |
|---|---|---|
| Share price | $34.14 | $35.35 |
| Market cap | $2.95B | $4.07B |
| 1-day change | -0.52% | +0.57% |
| YTD return | -36.33% | -13.78% |
| 1-year return | -30.89% | -9.73% |
| 5-year return | +7.97% | +81.94% |
| P/E ratio (TTM) | 4.45 | 8.84 |
| Forward P/E | 35.20 | — |
| EPS (TTM) | $7.67 | $4.00 |
| Dividend yield | 32.22% | 0.45% |
| Annual dividend | $11.00 | $0.16 |
| Revenue (latest FY) | — | $1.23B |
| Revenue growth (YoY) | — | -5.30% |
| Net income (latest FY) | — | $-6.24M |
| Operating margin | — | -7.93% |
| Net margin | — | -0.51% |
| 52-week high | $60.82 | $49.12 |
| 52-week low | $33.12 | $31.51 |
| Distance from 52-week high | -43.87% | -28.03% |
| Analyst consensus | none | none |
| Avg. price target upside | +26.92% | +34.37% |
| Average volume | 202.93K | 1.30M |
| Shares outstanding | 53.47M | 107.57M |
| Employees | 60 | 4,000 |
| Sector | Telecommunications | Telecommunications |
| Industry | Telecommunications Equipment | Telecommunications Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TDS has outperformed AD by 21.2 percentage points over the past year.
- Telephone and Data Systems trades at a higher earnings multiple (8.8x vs 4.5x trailing P/E).
- Array Digital Infrastructure offers a meaningfully higher dividend yield (32.22% vs 0.45%).
About Array Digital Infrastructure
AD stock →Array Digital Infrastructure, Inc. owns and operates shared wireless communications infrastructure in the United States.
Telecommunications · Telecommunications Equipment · 60 employees
About Telephone and Data Systems
TDS stock →Telephone and Data Systems, Inc., a telecommunications company, provides communications services to residential, commercial, and wholesale customers in the United States. It operates through two segments: TDS Telecom and Array.
Telecommunications · Telecommunications Equipment · 4,000 employees
AD vs TDS FAQ
Which is bigger, Array Digital Infrastructure or Telephone and Data Systems?
Telephone and Data Systems (TDS) is larger, with a market capitalization of $4.07B compared with $2.95B for Array Digital Infrastructure (AD).
Which stock has performed better over the past year, AD or TDS?
TDS returned -9.73% over the past 12 months, compared with -30.89% for AD (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AD or TDS?
AD has the lower trailing P/E at 4.5, versus 8.8 for TDS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Array Digital Infrastructure or Telephone and Data Systems?
Array Digital Infrastructure has the higher yield at 32.22%, compared with 0.45% for Telephone and Data Systems.
Are Array Digital Infrastructure and Telephone and Data Systems in the same industry?
Yes. Both are classified in the Telecommunications Equipment industry within the Telecommunications sector.