Quebecor Inc.

Quebecor Inc.

QBR-B.TO
Quebecor Inc.CA flagToronto Stock Exchange
66.93
CAD
+0.19
- -
15.28BMarket Cap
Quebecor Inc.
QBR-B.TO
(Toronto Stock Exchange)

Recent

price

66.93

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
15.55
16.43
16.81
14.71
14.67
15.85
16.42
17.06
17.47
16.8
17.16
18.7
19.27
23.54
24.35
24.72
24.18
Revenue per Share
0.89
0.79
0.64
-1.16
-0.12
0.62
0.8
1.61
1.69
2.55
2.41
2.38
2.55
2.82
3.23
3.73
3.34
Basic EPS, GAAP
0.09
-0.02
1.19
1.01
- -
0.13
1.09
1.73
2.83
0.83
3.09
-1.09
2.78
4.4
6.13
8.98
8.17
Free Cash Flow per Basic Share
0.21
0.05
0.05
0.05
0.05
0.07
0.09
0.1
0.19
0.39
0.8
1.1
1.2
1.2
1.3
1.4
1.35
Dividend per Share
4.07
5.53
3.8
2.5
2.3
1.66
2.87
3.76
2.33
4.01
4.89
5.16
5.69
7.38
9.43
10.93
10.09
Book Value per Share
-6.79
-6.83
-9.58
-10.98
-10.69
-13.21
-11.96
-9.44
-13.56
-11.99
-11.79
-15.13
-14.96
-18.49
-16.99
-14.89
-15.9
Tangible Book Value per Share
257
256
253
248
246
245
245
242
239
256
252
244
235
231
232
230
232
Basic Weighted Avg Shares
4,000
4,207
4,249
3,648
3,608
3,891
4,017
4,125
4,181
4,294
4,318
4,554
4,532
5,434
5,638
5,675
5,612
Sales/Revenue/Turnover
24.01
19.72
18.44
20.27
20.75
19.2
20.94
22.04
24.47
26.3
26.62
26.12
25.75
24.45
25.26
27.05
25.64
Operating Margin (%)
402
512
598
631
661
694
653
708
753
750
803
784
768
909
943
858
899
Depreciation Expense
230
201
161
-289
-30
152
195
390
404
653
607
578
600
650
748
856
775
Net Income, GAAP
25.1
26.96
26.52
- -
62.95
31.79
32.13
22.23
27.1
26.84
26.05
25.08
26.34
26.41
25.72
25.59
25.79
Effective Tax Rate (%)
5.75
4.78
3.79
-7.91
-0.83
3.9
4.85
9.47
9.66
15.2
14.06
12.7
13.23
11.97
13.26
15.08
13.81
Profit Margin (%)
12
-133
-114
75
90
-328
-274
-200
-292
-161
-70
50
-725
-1,126
-36
-233
-389
Working Capital
3,587
3,688
4,508
5,475
5,548
6,312
6,117
5,644
6,629
6,157
6,034
6,765
5,617
6,430
7,485
6,602
6,671
LT Debt
2,842
2,871
1,941
1,195
1,063
652
1,024
1,397
568
1,072
1,214
1,379
1,484
1,838
2,265
2,737
2,475
Total Equity
11.25
9.19
8.72
- -
4.02
7.29
7.98
9.55
9.95
11.17
11.54
11.38
10.34
10.65
10.4
11.25
10.46
Return on Invested Capital (%)
3.47
3.89
4.85
- -
1.34
4.84
4.94
6.57
8.07
11.95
11.26
10.41
10.12
10.48
10.34
10.95
10.44
Return on Capital (%)
24.51
16.31
13.56
-36.53
-5.07
31.17
35.07
48.47
55.05
82.52
53.89
46.52
46.21
42.77
38.45
36.48
35.24
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
514
519
809
LT Borrowings
7,182
7,151
6,369
LT Finance Leases
302
303
302
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
232
230
230
Market Capitalization
7,314
8,436
9,622

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,102
2,154
1,886
Cash, Cash Equivalents & STI
62
214
21
Accounts Receivable, Net
907
1,086
1,084
Inventories
440
442
389
Total Current Liabilities
2,138
2,074
2,275
Payables & Accruals
1,185
1,128
1,040
ST Debt
514
519
809
Deferred Revenue
411
426
426

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.51%
17.83%
20.85%
Free Cash Flow
68.05%
-67.93%
45.19%
Net Income, GAAP
22.37%
7.37%
14.52%
Sales/Revenue/Turnover
3.99%
5.86%
0.65%
Total Cash Common Dividend
40.39%
10.44%
6.53%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,363
1,387
1,390
1,499
5,638
2025
1,343
1,380
1,546
- -
5,675
2026
1,395
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.75
0.9
0.81
0.76
3.23
2025
0.82
0.95
- -
- -
3.73
2026
1
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.65
0.33
0.33
1.3
2025
- -
0.7
- -
- -
1.4
2026
- -
- -
- -
- -
- -
Business
Quebecor Inc. is a Canadian integrated communications company primarily engaged in telecommunications, media, and sports and entertainment sectors. Its telecommunications segment offers a comprehensive range of services including internet access, television distribution through cable and digital platforms like illico TV, illico Digital TV, Club illico SVOD service, mobile and wireline telephony, business solutions, and over-the-top video services across Canada. The media segment comprises operations of over-the-air and specialty television services, soundstage and equipment rental and postproduction for film and television industries, daily newspaper publishing and distribution, digital news and entertainment platforms, magazine publishing, audiovisual content production and distribution, among other media services. The sports and entertainment division manages venues like the Videotron Centre in Quebec City, produces shows, manages sporting and cultural events, publishes books, produces music, and operates a Quebec Maritimes Junior Hockey League team. Recent major developments include the acquisition of Freedom Mobile in April 2023, positioning Quebecor as Canada's fourth major telecom carrier with a focus on disrupting the market by expanding wireless and wireline offerings, such as Freedom Home Internet and Freedom TV. The company has rolled out 5G+ technology across all Freedom monthly plans at no additional cost and expanded international roaming coverage to over 100 global destinations. It also expanded Freedom's and Fizz's service areas in multiple Canadian provinces through strategic agreements, boosting market share and revenues. In 2024, Quebecor strengthened its events management leadership by acquiring Evenma, expanding its event and show offerings nationally. The company continues heavy investments in network upgrades and capital expenditures to enhance services and competitiveness in the Canadian telecommunications market. Founded in 1965 and headquartered in Montreal, Quebecor serves primarily the Canadian market with a strong focus on Quebec. It employs over 11,000 people and operates through multiple brands and subsidiaries including Vidéotron, Freedom Mobile, Fizz, and Quebecor Media. Quebecor emphasizes innovation and financial discipline, maintaining the strongest balance sheet among Canadian telecom players while delivering steady growth in revenues and operating cash flow. Quebecor’s strategic priorities involve cross-Canada telecommunications expansion, promoting competitive pricing, diversifying product offerings in line with market trends, and enhancing customer experience through continuous technological upgrades and service innovation. Its integrated business model and diversified portfolio across telecommunications, media, and entertainment position it as a leader in Canada's communication and content industries.