TUNYSERadiotelephone CommunicationsFiscal year ends December 31

TELUS CORP

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Feb 12, 2026

$8.29−0.15 (-1.78%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2015 to 2025

88.3%+1.2 pts over 5 years

11.5%−4.5 pts over 5 years

5.4%−2.4 pts over 5 years

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	+0.6%	+3.7%	+5.8%	–
Gross profit	+1.2%	+4.0%	+6.1%	–
Operating income	-15.7%	-7.2%	-1.0%	–
Net income	+12.1%	-11.7%	-1.6%	–
EPS, diluted	+7.5%	-14.5%	-5.2%	–
Free cash flow	-3.2%	+12.0%	+2.4%	–

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	–	10.7%	7.1%
Return on assets	–	3.0%	1.9%
Current ratio	0.70	0.79	0.86
Debt to equity	1.45	1.69	1.99
Net debt to EBITDA	2.98×	3.56×	4.49×
Interest coverage	4.2×	3.2×	2.0×
Capex to revenue	18.4%	17.3%	13.3%
Diluted shares	1.19B	1.28B	1.53B

Return on equity split into margin, efficiency and leverage

Net margin5.4%

Asset turnover0.35×

Equity multiplier3.75×

Return on equity, FY20257.1%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	5.4%	0.35×	3.75×	7.1%
FY2024	4.9%	0.36×	3.60×	6.3%
FY2023	4.2%	0.37×	3.37×	5.1%
FY2022	8.8%	0.36×	3.22×	10.2%
FY2021	9.6%	0.38×	3.36×	12.2%
FY2020	7.8%	0.38×	3.60×	10.7%
FY2019	11.9%	0.41×	3.41×	16.8%
FY2018	11.1%	0.45×	3.26×	16.3%
FY2017	11.6%	0.45×	3.26×	16.9%

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is TU.

Revenue growth0.6% · median 22.2%

Net margin5.4% · median 2.0%

Advertisement
300 × 250