Access the world's leading financial data and tools

Subscribe for $2
Overview
Profile

United States Cellular stock

USM
US9116841084
875189

Price

62.89
Today +/-
+1.78
Today %
+2.97 %

United States Cellular stock price

%
Weekly
Details

Price

ⓘ

Overview

The Quote Chart provides detailed and dynamic insights into the United States Cellular stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the United States Cellular stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the United States Cellular stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze United States Cellular's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

United States Cellular Stock Price History

DateUnited States Cellular Price
1/8/202562.89 undefined
1/8/202561.05 undefined
1/7/202560.78 undefined
1/6/202561.25 undefined
1/3/202562.66 undefined
1/2/202563.34 undefined
12/31/202462.72 undefined
12/30/202462.22 undefined
12/27/202463.71 undefined
12/26/202463.52 undefined
12/24/202462.69 undefined
12/23/202462.14 undefined
12/20/202462.07 undefined
12/19/202461.20 undefined
12/18/202460.26 undefined
12/17/202461.27 undefined
12/16/202462.34 undefined
12/13/202462.97 undefined
12/12/202462.73 undefined
12/11/202461.42 undefined

United States Cellular Revenue, EBIT, Net Income

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

ⓘ

Understanding Revenue, EBIT, and Income

Gain insights into United States Cellular, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by United States Cellular from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects United States Cellular’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of United States Cellular. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into United States Cellular’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing United States Cellular’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on United States Cellular’s growth potential.

United States Cellular Revenue, EBIT and net profit per share

DateUnited States Cellular RevenueUnited States Cellular EBITUnited States Cellular Net Income
2028e4.06 B undefined261.59 M undefined175.46 M undefined
2027e3.99 B undefined240.38 M undefined165.03 M undefined
2026e3.73 B undefined78.57 M undefined96.99 M undefined
2025e3.74 B undefined139.99 M undefined94.89 M undefined
2024e3.8 B undefined-4.68 M undefined1.16 M undefined
20233.91 B undefined154 M undefined54 M undefined
20224.17 B undefined90 M undefined30 M undefined
20214.12 B undefined191 M undefined155 M undefined
20204.04 B undefined193 M undefined229 M undefined
20194.02 B undefined130 M undefined127 M undefined
20183.97 B undefined150 M undefined150 M undefined
20173.89 B undefined60 M undefined12 M undefined
20163.99 B undefined51 M undefined48 M undefined
20154.03 B undefined102 M undefined241 M undefined
20143.89 B undefined-267.8 M undefined-42.8 M undefined
20133.92 B undefined-324.7 M undefined140 M undefined
20124.45 B undefined195.8 M undefined111 M undefined
20114.34 B undefined278.9 M undefined175 M undefined
20104.18 B undefined212.2 M undefined136.1 M undefined
20094.21 B undefined355.7 M undefined209.5 M undefined
20084.24 B undefined432.7 M undefined33.1 M undefined
20073.95 B undefined455.1 M undefined314.7 M undefined
20063.47 B undefined309.5 M undefined179.5 M undefined
20053.03 B undefined206.9 M undefined155 M undefined
20042.81 B undefined151.8 M undefined90.7 M undefined

United States Cellular Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (B)NET INCOME (M)NET INCOME GROWTH (%)SHARES (M)DOCUMENTS
19871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024e2025e2026e2027e2028e
0.010.020.040.060.10.140.210.330.480.680.881.321.581.721.892.22.582.813.033.473.954.244.214.184.344.453.923.894.033.993.893.974.024.044.124.173.913.83.743.733.994.06
-80.00116.6758.9759.6840.4053.9655.1444.5841.6728.9749.9419.858.8810.3716.0517.248.897.9814.6213.627.50-0.68-0.853.972.51-11.99-0.663.57-1.02-2.511.981.390.372.111.14-6.31-2.61-1.79-0.116.991.70
30.0033.3333.3350.0055.5670.5071.9674.1073.7571.7673.0966.4668.7871.4569.0166.5263.8062.1963.1765.1965.6664.0363.3361.4360.3757.7055.0349.5954.6553.8653.6554.9055.6455.5953.7152.7255.7657.2658.3058.3654.5553.63
00.010.010.030.060.10.150.250.350.490.640.871.081.231.311.461.641.751.912.262.592.722.672.572.622.572.161.932.22.152.092.182.242.242.212.22.1800000
-4-6-18-14-346-251699129111216300192173-3449015517931433209136175111140-422414812150127229155305419496165175
-50.00200.00-22.22142.86-117.65-516.67-164.00518.7530.30-13.9594.5938.89-36.00-9.90-119.65-111.762,150.0072.2215.4875.42-89.49533.33-34.9328.68-36.5726.13-130.00-673.81-80.08-75.001,150.00-15.3380.31-32.31-80.6580.00-98.159,300.002.1371.886.06
24.72728.328.638.757.857.277.3848693.594.494.990.99086.186.686.787.588.188.587.887.286.585.485.284.784.285858587888787868700000
------------------------------------------
Details

Keystats

ⓘ

Revenue and Growth

The United States Cellular Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the United States Cellular is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (B)RECEIVABLES (M)OTHER REC. (M)INVENTORIES (M)OTHER CURRENT LIAB. (M)CURRENT ASSETS (B)TANGIBLE ASSETS (B)LONG-T. INVEST. (B)LONG-T. REC. (M)INTANGIBLE ASSETS (B)GOODWILL (M)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (B)TOTAL ASSETS (B)LIABILITIESCOMMON STOCK (M)ADDITIONAL PAID-IN CAPITAL (B)RETAINED EARNINGS (B)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (M)EQUITY (B)LIABILITIES (M)PROVISIONS (M)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (B)LONG-T. LIAB. (B)DEFERRED TAXES (M)OTHER LIAB. (B)LONG-T. LIABILITIES (B)DEBT (B)TOTAL CAPITAL (B)
198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
                                                                       
000.010.0100.010.010.040.010.010.050.20.120.030.010.010.040.030.280.220.170.290.420.550.480.390.210.720.590.40.60.291.270.160.270.15
4.17.99.219.124.834.649.277.296112.2146.6186.1205.8228.5274260.4271.7309.1335.9375.3366.8368.4368.9378.6381.6498.4490.9628.6676802930947928983989903
1.41.74.14.50000017.613.719.613.374.967.926.140.658.471.560.275.357.496.513865.288.266.143.65141461091951868755
0.30.70.911.12.55.49.211.911.816.73048.85655.57176.992.7117.2101116.6152.6112.3127.1155.9238.2267.1149.3138138142162146173261199
0.40.60.6122.64.156.419.713.615.317.215.54149.5131.254.448.476.485.3136.19198114.8184.2243.6134.710710097708010711393
0.010.010.020.040.030.050.060.130.130.180.240.450.410.40.450.420.560.540.860.830.821.011.091.291.21.41.281.671.561.481.811.572.621.611.721.4
0.020.030.040.110.160.250.370.530.650.941.011.071.151.422.032.172.422.582.632.62.622.62.572.793.022.862.732.652.472.322.23.113.393.573.543.49
0.080.110.20.460.660.941.081.191.250.130.440.670.520.430.350.430.440.40.160.160.160.160.210.170.190.270.280.360.410.420.440.450.440.440.450.46
00000000010.711.510.742.349.27.36.54.94.74.54.44.34.24.11.9000000000186870
0000000001.151.21.161.220.861.291.261.251.411.521.51.441.441.451.471.461.41.441.831.892.222.192.472.634.094.694.69
0000000000000474504.7449.6454.8471.6485.5491.3494.3494.7494.7494.7421.7387.5370.2369.63700000000
6.511.613.77.57.913.120.533.760.7102144.3147.9129.9122135.8224.932.83031.131.833.138.850.4108.9295133.8383.3172.2413400633566604644712705
0.110.160.260.580.821.21.471.751.962.332.83.053.063.364.324.544.614.894.834.784.754.744.785.045.395.045.215.395.555.365.466.597.068.929.489.35
0.120.170.280.620.861.251.531.882.092.513.053.53.473.764.774.955.175.435.685.615.575.755.886.336.596.456.497.067.116.847.278.169.6810.5311.2110.75
                                                                       
28.228.561.3196.3204.1192104.5107.886.187.287.487.788.188.188.188.188.188.188.188.188.188.188.188.188.188.188.188.18888888888888888
0.070.090.10.270.340.871.081.211.251.291.321.331.321.311.311.311.311.291.291.321.341.361.371.391.411.421.471.51.521.551.591.631.651.681.71.73
-0.01-0.03-0.05-0.08-0.08-0.1-0.080.020.150.260.470.770.971.141.111.151.211.41.551.821.832.012.142.32.42.041.912.132.162.162.442.552.742.852.862.89
000000000069.581.4-16.3-7910.32880.424.980.410.1000000000000027280
000000000000000000000000000000000000
0.090.080.110.380.470.961.11.331.481.631.952.272.362.462.522.582.692.83.013.243.263.463.593.773.93.563.473.723.773.84.124.274.484.644.684.71
513.214.222.22843.652.864.869.4103.7184.1147.1212.3196.8306.9288.8267.1305.6254.9260.8258.4311274.9316321.7416.8316.6285321310313304387360356248
0.11.30.93.75.55.85.900.257.334.331.159.538.46476.9129.681.574.8102.373.6119.7105.3103.6126.3140.4102.896.2112130108211246245252250
0.92.43.65.17.412.418.35852.44239.948.771.578105.1112.5126132.1332.2241.1259.6233.1268.3302.5307448.8437.4355.4274275251227236295574383
0000000.61.41.41.300552644600301353500000000000000000
1.13.92.53.48.912.720.830.923.10000045.210800159.9010.30.10.10.10.10.2011.31118198231320
0.010.020.020.030.050.070.10.160.150.20.260.230.40.580.980.590.550.650.860.60.60.660.650.720.761.010.860.750.720.730.690.750.870.91.20.9
0.020.070.140.190.320.190.290.330.330.520.530.550.450.40.811.141.161.161110.870.870.880.880.881.151.631.621.621.611.52.492.733.193.04
0000000078.8100.7258.1402357.8388.3441.8498.6663.5660.7601.5554.4478.1514583.4799.2849.8836.3859.9820.7826461510507633674708755
0000000.010.0200.010.010.010.010.010.080.20.170.160.190.210.230.260.230.250.310.320.30.290.30.340.391.181.251.461.451.4
0.030.070.140.20.320.20.30.350.410.620.80.960.820.81.331.851.991.981.791.771.711.641.691.932.042.032.322.742.752.422.513.194.374.865.345.2
0.030.090.160.230.370.270.40.510.560.831.051.181.221.382.312.432.552.642.652.372.312.312.332.652.793.043.173.493.463.153.23.945.255.776.546.1
0.120.170.280.610.851.231.51.832.032.4633.463.583.834.835.015.235.435.665.615.575.775.936.426.696.596.647.217.236.957.328.219.7210.4111.2210.8
Details

Balance Sheet

ⓘ

Understanding the Balance Sheet

The balance sheet of United States Cellular provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand United States Cellular's financial health and stability.

Assets

United States Cellular's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that United States Cellular must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of United States Cellular after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into United States Cellular's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (M)DEPRECIATION (M)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (M)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (B)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (B)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (M)CASH FLOW FROM OTHER FINANCING ACTIVITIES (M)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
-6-18-14-346-251699129111216300192173-3449015517931458228159198141144-4624749151641332331603558
49122030456589108132206230265300351434502490555578576569571573608803606606618615640702683678700656
0000001863241071342342-5-34973-32-26-78457320349-7557556-365-3-4130413347
-154-843262-13307-5960-64-1141-17-15-1479-17-21221660-76-315-101-157-144-60-111246-3536115
-3-3-73-37-17-5-84-151-76-226-272-21-11351194-79-7313-6739976251561-489-106-22711378545-23-155213
1111034476192019243652838391847677596044425580113111113107105143154189
0000122364401019010812933-29-29571472121163653-54-581573359-11-559078-386-1163
-0.01-0.01-0.01-0.0200.040.080.120.140.220.310.330.520.440.650.670.550.630.70.860.920.880.830.990.90.290.170.560.50.470.710.721.240.80.830.87
-10-8-14-57-54-90-168-206-248-318-320-277-305-503-732-630-636-576-579-565-585-546-569-771-826-717-605-580-443-654-520-916-1,160-2,026-1,187-738
-31-41-37-84-69-98-180-102-150-358-270-190-321-671-1,130-599-500-766-596-579-904-561-777-759-896172-470-548-618-683-464-864-1,163-2,036-1,179-721
-21-32-22-27-15-8-1210397-395087-16-168-39731136-190-16-14-318-14-20812-7089013431-175-295652-3-10817
000000000000000000000000000000000000
-0.010.040.050.060.060.030.080.02-0.02-0.1-00-0.040.180.3-0.07-0.010.11-0.1-0.04-0-0.1400.01000.280.53-0.01-0.01-0.02-0.121.020.220.53-0.2
4710400361110229-219-360032315-77-30-33-52-60-22-12-18-41118-30-34-47-48-6
41464910657659519-11135-22-273136465-77-14124-101-112-52-196-83-81-48-499167497-12-20-14-152926142456-274
42211-1121-4237-4-6-8-4163-10-7-3-160-18-23-30-32-26-4-89-23-2-7-13-6-57-35-27-70
0000000000000000000000000-4820000000000
2-173-82032-24038145-73-95-14-531-123171-33123-26147-45-36-130503-129-234231-2921,000-1,092109-129
-17.9-15.7-20.3-75.9-50.5-55-84-90.3-110.6-96.6-9.355.7215.9-63-81.240.4-90.153.7121.3297.6337.2335265.1216.172.9-427-432.8-25.558-185189-19277-1,224-355128
000000000000000000000000000000000000

United States Cellular stock margins

The United States Cellular margin analysis displays the gross margin, EBIT margin, as well as the profit margin of United States Cellular. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for United States Cellular.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details

Margin

ⓘ

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the United States Cellular's sales revenue. A higher gross margin percentage indicates that the United States Cellular retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the United States Cellular's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the United States Cellular's total revenue generated. When comparing the revenue margin year over year, investors can gauge the United States Cellular's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the United States Cellular. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the United States Cellular's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

United States Cellular Margin History

United States Cellular Gross marginUnited States Cellular Profit marginUnited States Cellular EBIT marginUnited States Cellular Profit margin
2028e55.76 %6.44 %4.32 %
2027e55.76 %6.02 %4.13 %
2026e55.76 %2.11 %2.6 %
2025e55.76 %3.75 %2.54 %
2024e55.76 %-0.12 %0.03 %
202355.76 %3.94 %1.38 %
202252.72 %2.16 %0.72 %
202153.71 %4.63 %3.76 %
202055.59 %4.78 %5.67 %
201955.64 %3.23 %3.16 %
201854.9 %3.78 %3.78 %
201753.65 %1.54 %0.31 %
201653.86 %1.28 %1.2 %
201554.65 %2.53 %5.98 %
201449.59 %-6.88 %-1.1 %
201355.03 %-8.29 %3.57 %
201257.71 %4.4 %2.49 %
201160.37 %6.42 %4.03 %
201061.43 %5.08 %3.26 %
200963.31 %8.44 %4.97 %
200864.02 %10.2 %0.78 %
200765.68 %11.53 %7.97 %
200665.2 %8.91 %5.17 %
200563.17 %6.83 %5.11 %
200462.2 %5.41 %3.23 %

United States Cellular Stock Sales Revenue, EBIT, Earnings per Share

The United States Cellular earnings per share therefore indicates how much revenue United States Cellular has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

ⓘ

Revenue Per Share

Revenue per share represents the total revenue United States Cellular earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates United States Cellular's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of United States Cellular’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating United States Cellular's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

United States Cellular Revenue, EBIT and net profit per share

DateUnited States Cellular Sales per ShareUnited States Cellular EBIT per shareUnited States Cellular Earnings per Share
2028e47.22 undefined0 undefined2.04 undefined
2027e46.44 undefined0 undefined1.92 undefined
2026e43.4 undefined0 undefined1.13 undefined
2025e43.44 undefined0 undefined1.1 undefined
2024e44.23 undefined0 undefined0.01 undefined
202344.9 undefined1.77 undefined0.62 undefined
202248.48 undefined1.05 undefined0.35 undefined
202147.38 undefined2.2 undefined1.78 undefined
202046.4 undefined2.22 undefined2.63 undefined
201945.7 undefined1.48 undefined1.44 undefined
201845.6 undefined1.72 undefined1.72 undefined
201745.76 undefined0.71 undefined0.14 undefined
201646.94 undefined0.6 undefined0.56 undefined
201547.42 undefined1.2 undefined2.84 undefined
201446.23 undefined-3.18 undefined-0.51 undefined
201346.27 undefined-3.83 undefined1.65 undefined
201252.25 undefined2.3 undefined1.3 undefined
201150.86 undefined3.27 undefined2.05 undefined
201048.3 undefined2.45 undefined1.57 undefined
200948.32 undefined4.08 undefined2.4 undefined
200848.32 undefined4.93 undefined0.38 undefined
200744.59 undefined5.14 undefined3.56 undefined
200639.42 undefined3.51 undefined2.04 undefined
200534.64 undefined2.36 undefined1.77 undefined
200432.37 undefined1.75 undefined1.05 undefined

United States Cellular business model

The United States Cellular Corp (USCC) is a telecommunications company that is considered the third largest mobile phone provider in the USA. The company originated from the Chicago Telephone Company, which was founded in 1910 as a regional provider of telephone connections in Chicago and its surroundings. Since the 1980s, the company has focused on mobile phone services and has continuously expanded its network. USCC's business model is based on providing mobile phone services for private and business customers. The company relies on a decentralized structure with various regional subsidiaries, each responsible for a limited geographic area. This allows USCC to quickly respond to regional needs and trends and provide customized offers. In addition to mobile phone services, USCC also offers landline services and broadband internet access. The company also has a partnership with Verizon Wireless, which benefits USCC customers by allowing them to benefit from an even larger network nationwide. USCC operates in various sectors that are targeted at different target groups and usage scenarios. On the one hand, there is an offer for private customers, which is aimed at individuals and families and, for example, offers flat rate plans or special offers for students. On the other hand, business customers are also served, who rely on special additional services such as VPN or mobile device management. USCC also offers various pricing and contract models to ensure maximum flexibility for its customers. USCC's product range includes a variety of smartphones and other devices that are offered in different plans. In addition, there are additional services such as roaming options, mobile payments, and a MyUSCC app that allows customers to access their account information and contracts. A special offer is also the so-called "rewards program", where customers can earn points by signing contracts or purchasing devices and can later exchange them for discounts and other benefits. In recent years, USCC has pursued various strategic objectives to further expand its business and remain competitive. These include expanding the broadband network, increased collaboration with other providers, and tapping into new customer groups. For example, in 2015, USCC acquired Premier Locations, a company specializing in the distribution of mobile devices. The company is also increasingly involved in the Internet of Things (IoT) sector and offers solutions for the industry and the energy sector, among others. Overall, the United States Cellular Corp is a solid telecommunications company with a long history in the market. Particularly noteworthy are its regional focus and wide range of products that cater to the needs of different customer groups. USCC has proven in the past that it can react flexibly to market changes and pursue innovative concepts to strengthen its position. United States Cellular is one of the most popular companies on Eulerpool.com.

United States Cellular SWOT Analysis

Strengths

United States Cellular Corp has several key strengths that contribute to its success:

  • Strong market presence: With a significant share of the US wireless telecommunications market, United States Cellular Corp enjoys a competitive advantage.
  • Robust network infrastructure: The company has invested heavily in building and maintaining a reliable network, providing excellent coverage and connectivity.
  • Quality customer service: United States Cellular Corp is committed to delivering exceptional customer service, resulting in high customer satisfaction and loyalty.
  • Diverse product and service portfolio: The company offers a wide range of wireless plans, devices, and value-added services, catering to different customer needs.

Weaknesses

However, there are some weaknesses that United States Cellular Corp should address:

  • Limited national coverage: Compared to its larger competitors, United States Cellular Corp has a more regional presence and may struggle to attract customers in areas where coverage is limited.
  • Relatively smaller customer base: While the company has a loyal customer base, its market share is still smaller compared to industry giants, limiting its economies of scale and bargaining power.
  • High competition: The wireless telecommunications industry in the US is highly competitive, with intense price wars and constant innovation. United States Cellular Corp must continuously adapt to stay competitive.

Opportunities

United States Cellular Corp can capitalize on the following opportunities:

  • 5G technology adoption: The ongoing rollout of 5G networks provides an opportunity for United States Cellular Corp to expand its coverage and offer faster, more reliable services.
  • Growth in IoT market: The increasing adoption of Internet of Things (IoT) devices presents a chance for United States Cellular Corp to offer specialized wireless solutions for various industries.
  • Partnerships and acquisitions: Collaborating with other companies or acquiring smaller competitors can help United States Cellular Corp expand its market reach, customer base, and service offerings.

Threats

United States Cellular Corp faces the following threats:

  • Intense competition: The presence of major competitors with extensive resources and established brands poses a threat to United States Cellular Corp's market position and growth.
  • Regulatory challenges: The wireless telecommunications industry is subject to various regulations, and changes in government policies or new regulations can impact United States Cellular Corp's operations.
  • Technological advancements: Rapid advancements in technology may require significant investments to stay up-to-date, and failure to do so could lead to a loss of market share and competitiveness.

United States Cellular Revenue by Segment

  • Max

Details

Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

United States Cellular Revenue by Segment

Segmente202320222021202020192018
Service3.04 B USD-----
Equipment sales862 M USD-----

  • 3 years

  • 5 years

  • Max

Details

Revenue by Segment

ⓘ

Overview of Revenue by Segment

The chart visualizes revenues by segments and provides a clear overview of the revenue distribution. Each segment is clearly marked to facilitate comparisons of revenues.

Interpretation and Use

The chart enables quick identification of the highest-revenue segments, which is helpful in strategic decision-making. It supports the analysis of growth potentials and targeted resource allocation.

Investment Strategy

An investment strategy determines how capital is deliberately invested into various asset classes to maximize returns. It is based on risk tolerance, investment objectives, and a long-term plan.

United States Cellular Revenue by Segment

Segmente202320222021202020192018
Retail service-2.79 B USD-2.69 B USD2.65 B USD2.62 B USD
Equipment sales-1.04 B USD1.01 B USD970 M USD987 M USD989 M USD
Inbound roaming-67 M USD110 M USD152 M USD174 M USD154 M USD
Other service-172 M USD157 M USD152 M USD-135 M USD
Other service revenues----137 M USD-
Retail Service--9 M USD---
LIMITED TIME OFFER

The World’s Best Investors Are On Eulerpool

Subscribe for $2

United States Cellular Eulerpool Fair Value

Details

Fair Value

ⓘ

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

United States Cellular historical P/E ratio, EBIT multiple, and P/S ratio

LIMITED TIME OFFER

The World’s Best Investors Are On Eulerpool

Subscribe for $2

United States Cellular shares outstanding

The number of shares was United States Cellular in 2024 — This indicates how many shares 87 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Number of stocks
Details

Revenue, EBIT and Earnings per share

ⓘ

Revenue Per Share

Revenue per share represents the total revenue United States Cellular earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates United States Cellular's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of United States Cellular’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating United States Cellular's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

United States Cellular dividend history and estimates

In 2024, United States Cellular paid a dividend amounting to 0.05 USD. Dividend means that United States Cellular distributes a portion of its profits to its owners.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

ⓘ

Dividend Overview

The dividend per year chart for United States Cellular provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify United States Cellular’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating United States Cellular's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

United States Cellular Dividend History

DateUnited States Cellular Dividend
2028e7.11 undefined
2027e6.69 undefined
2026e3.93 undefined
2025e3.85 undefined
2024e0.05 undefined
20135.75 undefined

United States Cellular dividend payout ratio

In 2024, United States Cellular had a payout ratio of 348.48%. The payout ratio indicates the percentage of the company's profits that United States Cellular distributes as dividends.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Payout ratio
Details

Payout ratio

ⓘ

What is Yearly Payout Ratio?

The yearly payout ratio for United States Cellular represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for United States Cellular could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate United States Cellular's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

United States Cellular Payout Ratio History

DateUnited States Cellular Payout ratio
2028e348.48 %
2027e348.48 %
2026e348.48 %
2025e348.48 %
2024e348.48 %
2023348.48 %
2022348.48 %
2021348.48 %
2020348.48 %
2019348.48 %
2018348.48 %
2017348.48 %
2016348.48 %
2015348.48 %
2014348.48 %
2013348.48 %
2012348.48 %
2011348.48 %
2010348.48 %
2009348.48 %
2008348.48 %
2007348.48 %
2006348.48 %
2005348.48 %
2004348.48 %
LIMITED TIME OFFER

The World’s Best Investors Are On Eulerpool

Subscribe for $2
Unfortunately, there are currently no price targets and forecasts available for United States Cellular.

United States Cellular latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
9/30/20240.13 0.26  (95.78 %)2024 Q3
6/30/20240.14 0.2  (44.93 %)2024 Q2
3/31/20240.28 0.2  (-27.3 %)2024 Q1
12/31/20230.04 0.16  (304.04 %)2023 Q4
9/30/20230.05 0.26  (414.85 %)2023 Q3
6/30/20230.2 0.05  (-75.25 %)2023 Q2
3/31/20230.27 0.15  (-45.3 %)2023 Q1
12/31/2022-0.34 -0.33  (1.76 %)2022 Q4
9/30/20220.22 -0.15  (-168.62 %)2022 Q3
6/30/20220.31 0.25  (-19.43 %)2022 Q2
1
2
3
4
5
...
11

Eulerpool ESG Scorecard© for the United States Cellular stock

Eulerpool World ESG Rating (EESG©)

40/ 100

🌱 Environment

45

👫 Social

31

🏛️ Governance

46

Environment

Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency

Social

Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

United States Cellular shareholders

%
Name
Stocks
Change
Date
43.93352 % Telephone and Data Systems Inc37,782,82607/1/2024
2.67363 % Dimensional Fund Advisors, L.P.2,299,32372,8436/30/2024
2.43542 % Gabelli Funds, LLC2,094,459-45,0736/30/2024
2.07069 % Jericho Capital Asset Management L.P.1,780,792188,0006/30/2024
1.50668 % The Vanguard Group, Inc.1,295,743-5376/30/2024
1.03796 % Millennium Management LLC892,643498,5036/30/2024
0.80793 % Loomis, Sayles & Company, L.P.694,820-4466/30/2024
0.69468 % ThornTree Capital Partners LP597,42571,3236/30/2024
0.63412 % Third Point LLC545,34406/30/2024
0.46648 % Point72 Asset Management, L.P.401,176401,1766/30/2024
1
2
3
4
5
...
10

United States Cellular Executives and Management Board

Mr. Laurent Therivel

(48)
United States Cellular President, Chief Executive Officer, Director (since 2020)
Compensation 6.91 M

Mr. Michael Irizarry

(61)
United States Cellular Executive Vice President, Chief Technology Officer, Head of Engineering and Information Technology of UScellular, Director (since 2002)
Compensation 3.03 M

Mr. Douglas Chambers

(53)
United States Cellular Chief Financial Officer, Executive Vice President, Treasurer, Director (since 2019)
Compensation 2.32 M

Ms. Deirdre Drake

(57)
United States Cellular Director (since 2014)
Compensation 2.22 M

Mr. Leroy Carlson

(76)
United States Cellular Chairman of the Board (since 1984)
Compensation 766,500
1
2
3

Most common questions regarding United States Cellular

What values and corporate philosophy does United States Cellular represent?

United States Cellular Corp represents a commitment to providing exceptional wireless communication services to customers across the United States. The company values integrity, innovation, and customer satisfaction. With a corporate philosophy focused on enhancing the lives of people in local communities, United States Cellular Corp aims to deliver reliable network coverage and cutting-edge technology solutions. Through its strong emphasis on customer service, the company strives to build long-lasting relationships and provide a superior wireless experience. United States Cellular Corp prioritizes inclusivity, diversity, and environmental responsibility in its business practices, further demonstrating its dedication to being a leading wireless provider in the industry.

In which countries and regions is United States Cellular primarily present?

United States Cellular Corp, also known as UScellular, primarily operates in the United States. With its headquarters in Chicago, Illinois, the company provides wireless services to customers across various regions and states within the USA. UScellular aims to connect people and businesses across small towns, suburban areas, and urban centers throughout the country. As a leading wireless carrier, United States Cellular Corp focuses on delivering reliable network coverage, competitive plans, and exceptional customer service to its subscribers.

What significant milestones has the company United States Cellular achieved?

United States Cellular Corp has achieved several significant milestones throughout its history. One noteworthy accomplishment was the company's establishment in 1983, which marked its entry into the telecommunications industry. Another milestone came in 1998 when United States Cellular Corp went public and began trading on the New York Stock Exchange. Additionally, the company expanded its network coverage over time, ensuring a wider reach for its mobile services. United States Cellular Corp continually strives to enhance customer experiences by investing in advanced technologies and providing innovative solutions. These achievements demonstrate the company's commitment to growth and progress in the telecommunications sector.

What is the history and background of the company United States Cellular?

United States Cellular Corp, commonly known as UScellular, is a leading wireless telecommunications provider in the United States. Established in 1983, the company has a rich history and has grown significantly over the years. UScellular offers a wide range of wireless services and products, including voice, data, messaging, and internet services to both individual and business customers. As a trusted wireless carrier, they focus on delivering reliable network coverage, exceptional customer service, and innovative technology solutions. With their national presence and commitment to delivering the latest in wireless communications, United States Cellular Corp continues to be a prominent player in the telecommunications industry.

Who are the main competitors of United States Cellular in the market?

The main competitors of United States Cellular Corp in the market include Verizon Wireless, AT&T, T-Mobile, and Sprint.

In which industries is United States Cellular primarily active?

United States Cellular Corp is primarily active in the telecommunications industry.

What is the business model of United States Cellular?

United States Cellular Corp (USCC) operates as a telecommunications provider in the United States. The company's business model revolves around offering wireless communication services to residential and business customers. USCC focuses on providing a reliable network and strives to deliver excellent customer service. Through its network infrastructure, USCC offers a wide range of services, including voice, messaging, data, and internet services. By emphasizing customer satisfaction and providing efficient communication solutions, United States Cellular Corp aims to establish long-term relationships with its subscribers and maintain a strong presence in the telecommunications industry.

What is the P/E ratio of United States Cellular 2025?

The United States Cellular P/E ratio is 57.66.

What is the P/S ratio of United States Cellular 2025?

The United States Cellular P/S ratio is 1.46.

What is the Quality Investing of United States Cellular?

The Quality Investing cannot be calculated for United States Cellular at the moment.

What is the revenue of United States Cellular 2025?

The expected United States Cellular revenue is 3.74 B USD.

How high is the profit of United States Cellular 2025?

The expected United States Cellular profit is 94.89 M USD.

What is the business model of United States Cellular

United States Cellular Corp is a telecommunications company that operates in the USA. Its main business focuses on providing wireless services and products to customers in rural, urban, and suburban areas. The core of United States Cellular Corp's business model is the provision of mobile services, including voice, data, and text messaging services. The company utilizes a variety of mobile networks to support these services, including 4G LTE and 5G. The company offers a range of mobile plans, from individuals to family and business customers. Another important component of United States Cellular Corp's business model is the sale of mobile devices. The company sells a wide range of devices, including smartphones, tablets, wearable devices, and hotspots. One notable offering is Apple's iPhone, which is very popular among customers. The company also offers products and services beyond the mobile network. For example, United States Cellular Corp provides digital TV services that offer a mix of live TV, on-demand content, and DVR options. Another offering is Home Phone Connect, which allows customers to use their mobile network at home as a replacement for a traditional landline. United States Cellular Corp also maintains a business customer division that caters to the needs of small and medium-sized businesses, as well as the needs of government and educational institutions. This business customer division offers special deals and rates to meet the specific needs of business customers. In an effort to enhance customer service, the company has also developed a variety of online tools and services. Customers can manage their accounts online and pay bills without having to visit a customer center. Additionally, customers can also access the company's community forums to ask questions and interact with other customers. Overall, United States Cellular Corp's business model is focused on providing mobile services and devices, as well as developing supplementary products that enhance the customer experience. There is close collaboration with the business customer division to meet their specific needs. With a combination of high-quality service and a wide range of products, the company is well positioned to compete in the fiercely competitive US mobile market.

What is the United States Cellular dividend?

United States Cellular pays a dividend of 0 USD distributed over payouts per year.

How often does United States Cellular pay dividends?

The dividend cannot currently be calculated for United States Cellular or the company does not pay out a dividend.

What is the United States Cellular ISIN?

The ISIN of United States Cellular is US9116841084.

What is the United States Cellular WKN?

The WKN of United States Cellular is 875189.

What is the United States Cellular ticker?

The ticker of United States Cellular is USM.

How much dividend does United States Cellular pay?

Over the past 12 months, United States Cellular paid a dividend of 5.75 USD . This corresponds to a dividend yield of about 9.14 %. For the coming 12 months, United States Cellular is expected to pay a dividend of 3.93 USD.

What is the dividend yield of United States Cellular?

The current dividend yield of United States Cellular is 9.14 %.

When does United States Cellular pay dividends?

United States Cellular pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of United States Cellular?

United States Cellular paid dividends every year for the past 5 years.

What is the dividend of United States Cellular?

For the upcoming 12 months, dividends amounting to 3.93 USD are expected. This corresponds to a dividend yield of 6.44 %.

In which sector is United States Cellular located?

United States Cellular is assigned to the 'Communication' sector.

Wann musste ich die Aktien von United States Cellular kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of United States Cellular from 6/25/2013 amounting to 5.75 USD, you needed to have the stock in your portfolio before the ex-date on 6/7/2013.

When did United States Cellular pay the last dividend?

The last dividend was paid out on 6/25/2013.

What was the dividend of United States Cellular in the year 2024?

In the year 2024, United States Cellular distributed 0 USD as dividends.

In which currency does United States Cellular pay out the dividend?

The dividends of United States Cellular are distributed in USD.

All fundamentals about United States Cellular

Our stock analysis for United States Cellular Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of United States Cellular Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.