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United States Cellular Corporation

USM

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
3,770
Cost of Revenue
906
Gross Profit
2,864
Gross Margin
76.0%
Operating Income
-12
Operating Margin
-0.3%
Net Income
-39
Net Margin
-1.0%
EPS (Basic)
$-0.45
EPS (Diluted)
$-0.45
EBITDA
826
EBITDA Margin
21.9%

2023

12/31/2023

Revenue
3,906
Cost of Revenue
1,728
Gross Profit
2,178
Gross Margin
55.8%
Operating Income
139
Operating Margin
3.6%
Net Income
54
Net Margin
1.4%
EPS (Basic)
$0.64
EPS (Diluted)
$0.62
EBITDA
1,056
EBITDA Margin
27.0%

2022

12/31/2022

Revenue
4,169
Cost of Revenue
1,971
Gross Profit
2,198
Gross Margin
52.7%
Operating Income
69
Operating Margin
1.7%
Net Income
30
Net Margin
0.7%
EPS (Basic)
$0.35
EPS (Diluted)
$0.35
EBITDA
1,031
EBITDA Margin
24.7%

2021

12/31/2021

Revenue
4,122
Cost of Revenue
1,908
Gross Profit
2,214
Gross Margin
53.7%
Operating Income
170
Operating Margin
4.1%
Net Income
155
Net Margin
3.8%
EPS (Basic)
$1.80
EPS (Diluted)
$1.77
EBITDA
1,132
EBITDA Margin
27.5%

2020

12/31/2020

Revenue
4,037
Cost of Revenue
1,793
Gross Profit
2,244
Gross Margin
55.6%
Operating Income
173
Operating Margin
4.3%
Net Income
229
Net Margin
5.7%
EPS (Basic)
$2.66
EPS (Diluted)
$2.63
EBITDA
1,149
EBITDA Margin
28.5%