Rogers Communications Inc.

Rogers Communications Inc.

RCI
Rogers Communications Inc.US flagNew York Stock Exchange
37.81
USD
-0.41
- -
20.43BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
24.67
24.95
26.05
26.61
27.9
29.31
29.44
27.56
29.02
30.52
36.84
38.62
40.22
41.17
Basic EPS, GAAP
3.24
2.6
2.61
1.62
3.58
4
3.99
3.15
3.09
3.33
1.62
3.25
12.77
13.07
Free Cash Flow per Basic Share
3.26
2.14
2.41
3.03
7.53
8.22
8.72
8.44
8.13
8.81
9.82
10.51
11.03
11.27
Dividend per Share
1.7
1.81
1.9
1.92
1.92
1.92
1.98
2
2
2
1.83
1.39
1.69
1.85
Book Value per Share
8.48
9.02
9.61
11.14
12.72
14.87
15.4
16.6
18.57
20.38
22.58
24.27
35.22
35.55
Tangible Book Value per Share
-4.45
-9.69
-10.7
-9.23
-7.09
-5.69
-6.66
-6.59
-11.43
-12.27
-45.29
-44.49
-45.65
-45.61
Basic Weighted Avg Shares
515
515
515
515
515
515
512
505
505
505
524
534
540
540
Sales/Revenue/Turnover
12,706
12,850
13,414
13,702
14,369
15,096
15,073
13,916
14,655
15,396
19,308
20,604
21,712
22,218
Operating Margin (%)
23.7
22.09
20.13
20.11
23.38
24.99
24.71
23.28
22.53
24.79
23.1
24.28
23.11
22.83
Depreciation Expense
1,950
2,210
2,364
2,347
2,206
2,269
2,565
2,695
2,653
2,637
4,191
4,679
4,888
4,977
Net Income, GAAP
1,669
1,341
1,342
835
1,845
2,059
2,043
1,592
1,558
1,680
849
1,734
6,894
7,052
Effective Tax Rate (%)
26.31
27.4
26.22
27.96
27.08
26.91
25.84
26.7
26.75
26.61
37.85
24.8
9.44
10.04
Profit Margin (%)
13.14
10.44
10
6.09
12.84
13.64
13.55
11.44
10.63
10.91
4.4
8.42
31.75
31.74
Working Capital
-285
-2,575
-2,395
-1,572
-2,758
-1,948
-847
343
-2,790
9,734
-948
-4,236
-6,164
-7,542
LT Debt
12,173
13,824
15,870
15,330
12,692
13,390
17,462
18,308
18,758
31,571
41,844
40,391
38,300
37,248
Total Equity
4,669
5,481
5,636
6,284
7,496
8,179
9,416
9,573
10,532
10,092
10,440
10,403
24,286
24,323
Return on Invested Capital (%)
13.43
10.37
8.94
8.48
10.42
11.37
10.17
7.84
7.48
6.97
5.41
6.62
7.18
7.07
Return on Capital (%)
13.48
9.81
8.81
6.07
10.51
11
10.13
7.69
6.97
6.84
4.09
5.66
13.44
13.32
Return on Common Equity (%)
42.34
29.75
27.98
15.63
30.02
28.98
26.28
19.57
17.54
17.09
7.68
13.99
43.13
43.76

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
5,824
5,876
7,555
LT Borrowings
36,723
35,872
34,742
LT Finance Leases
2,415
2,428
2,506
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
540
540
540
Market Capitalization
25,859
27,932
28,860

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
9,370
9,488
9,341
Cash, Cash Equivalents & STI
1,512
1,344
1,386
Accounts Receivable, Net
5,590
6,105
5,658
Inventories
481
550
461
Total Current Liabilities
15,123
15,652
16,883
Payables & Accruals
4,368
4,831
4,485
ST Debt
5,824
5,876
7,555
Deferred Revenue
1,105
1,114
1,078

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.91%
28.48%
133.45%
Free Cash Flow
21.98%
7.09%
6.17%
Net Income, GAAP
43%
71.61%
297.58%
Sales/Revenue/Turnover
5.21%
9.57%
5.38%
Total Cash Common Dividend
- -
- -
23.55%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,901
5,093
5,129
5,481
20,604
2025
4,976
5,216
5,348
6,172
21,712
2026
5,482
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.48
0.74
0.99
1.04
3.25
2025
0.52
0.29
10.66
1.31
12.77
2026
0.81
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.36
0.34
0.35
0.34
1.39
2025
0.34
0.35
0.5
0.5
1.69
2026
0.5
- -
- -
- -
- -

Company Description

APIChat
CEO
Anthony Staffieri
Full Time Employees
24,000
Sector
Communication Services
Industry
Telecommunications Services
Address
333 Bloor Street East Toronto ON Canada M4W 1G9
IPO Date
Jan 11, 1996
Website
rogers.com
Business
Rogers Communications Inc. (TSX: RCI.A, RCI.B; NYSE: RCI) is a leading Canadian communications and media company that provides wireless voice and data services, cable television, high-speed Internet, telephony, and broadcasting through its Wireless, Cable, and Media segments. The company offers core products and services including Rogers Wireless and Fido mobile plans with 5G connectivity and satellite-to-mobile texting; Ignite Internet, TV, and home phone bundles; business solutions such as enterprise connectivity and cloud services; Rogers Sportsnet specialty channels, Hockey Night in Canada, and other television networks; radio stations; Rogers Bank credit cards; and home monitoring via Ignite Smart Home. It operates nationwide with major hubs in Toronto, Brampton, Montreal, Calgary, and Burnaby, serving consumer, business, and government customers across Canada. Founded in 1960 by Ted Rogers through the acquisition of CHFI radio station and headquartered at 333 Bloor Street East in Toronto, Ontario, Rogers traces deeper roots to 1914 innovations by Edward S. Rogers Sr. in radio technology. The company owns key assets such as 75% of Maple Leaf Sports & Entertainment (including the Toronto Maple Leafs, Raptors, and Argonauts), the Toronto Blue Jays and Rogers Centre, and Rogers Arena naming rights. Recent developments include the June 2025 closing of a CDN$7 billion equity investment from Blackstone and Canadian institutional investors like CPP Investments in a subsidiary holding wireless backhaul assets, enabling debt repayment and balance sheet strengthening while retaining operational control. In July and September 2025, Rogers launched and expanded satellite-to-mobile texting in partnership with SpaceX and Lynk Global, achieving three times the coverage of competitors across 5.4 million square kilometers for texting and text-to-911 in remote areas. Additional launches encompass Rogers Xfinity Pro WiFi 7 gateways with device prioritization and backup connectivity in October 2025, alongside a 10-year Comcast partnership for broadband and smart home hardware from April 2024, and the 2023 Shaw Communications acquisition enhancing Western Canada cable and Internet operations.

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