TELUS Corporation logo TU - TELUS Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 14
HOLD 8
SELL 1
STRONG
SELL
0
| PRICE TARGET: $22.59 DETAILS
HIGH: $24.00
LOW: $21.50
MEDIAN: $22.28
CONSENSUS: $22.59
UPSIDE: 80.86%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue
Revenue 20,506 20,139 20,005 18,292 16,838 15,341 14,589 14,095 13,202 12,725 12,430 11,927 11,336 10,852 10,397 9,779 10,058.4 11,747.7 9,074.4 8,681 8,142.7 7,581.2 7,146 7,006.7 7,202.6 6,433.2 5,761.8 4,842.7
Cost of Revenue 13,584 7,639 7,537 7,107 6,699 6,268 6,070 6,368 5,935 5,631 5,532 5,299 4,962 4,820 4,726 6,062 6,204.1 7,076.9 3,048.5 2,742 2,652.9 2,407.2 4,301.9 4,488.1 4,673.0 3,968.4 3,544.9 3,451.6
Gross Profit 6,922 12,500 12,468 11,185 10,139 9,073 8,519 7,727 7,267 7,094 6,898 6,628 6,374 6,032 5,671 3,717 3,854.4 4,670.8 6,025.9 5,939 5,489.8 5,174 2,844.1 2,518.6 2,529.6 2,464.8 2,216.9 1,391.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 5,907 6,148 4,899 4,269 3,701 3,034 2,896 2,595 2,939 2,708 2,487 2,424 2,129 1,893 2,682 2,647 2,580 2,416.2 2,280.9 2,140.6 2,030.8 0 0 0 0 0 0
Other Expenses 4,559 3,789 3,958 3,332 2,796 2,890 2,508 2,265 2,150 2,023 1,873 1,787 1,756 1,812 1,738 4,417 4,369 4,293 4,031.2 3,856.5 3,764.3 3,673.9 1,652.8 1,570.3 1,494.2 1,212.2 1,062.1 1,021.8
Operating Expenses 4,559 9,696 10,106 8,231 7,065 6,591 5,542 5,140 4,662 4,950 4,569 4,246 4,159 3,936 3,703 1,735 1,803.1 1,521.2 4,031.2 3,856.5 3,764.3 3,673.9 1,652.8 1,570.3 1,494.2 1,212.2 1,062.1 1,021.8
Operating Income
Operating Income 2,363 2,804 2,362 2,954 3,074 2,482 2,977 2,837 2,605 2,182 2,353 2,382 2,215 2,107 1,968 1,908 1,852.3 2,514.3 1,974.3 2,014.7 1,671.6 1,447.5 1,163 378.4 837.0 1,252.6 1,154.8 369.3
Interest Expense 1,523 1,414 1,293 867 805 746 709 642 585 508 497 449 434 358.5 377 510 505.7 563.5 464.5 510.6 643.7 655.5 671.7 715.6 708.9 0 0 0
Interest Income 56 39 29 21 20 11 11 12 7 2 26 6 10 15.1 3 4 49.2 14 37.4 12.3 58.7 39.1 43.3 25.9 12.8 0 0 0
Profitability
EBITDA 6,922 6,678 6,451 6,641 6,299 5,469 5,530 5,085 4,781 4,228 4,312 4,222 4,005 3,882 3,778 3,655 3,509 3,757 3,594 3,592.9 3,297.5 3,124.1 2,836.2 2,017.5 2,336.1 2,337.7 2,327.4 2,231
EBIT 2,863 2,642 2,382 3,189 3,083 2,457 2,953 2,818 2,753 2,170 2,403 2,388 2,202 2,017 1,980 1,914 1,787 2,044 1,975 2,017.3 1,673.8 1,481 1,183.4 447.2 667.1 1,132.3 1,265.3 1,209.1
Income Before Tax 1,202 1,228 1,089 2,322 2,278 1,711 2,244 2,176 2,032 1,662 1,906 1,926 1,768 1,775 1,591 1,366 1,261.8 1,907.0 1,498.1 1,482 1,030.1 825.5 511.7 (266.5) (45.4) 957.1 646.6 1,127
Income Tax Expense 425 290 222 604 580 451 468 552 553 426 524 501 474 457 376 328 212.6 530.6 233.6 351 322 255.1 176.9 (42.5) 93.4 496.1 296.9 524
Net Income 1,113 993 841 1,615 1,655 1,207 1,746 1,600 1,460 1,223 1,382 1,425 1,294 1,318 1,219 1,034 1,045.0 1,372.8 1,257.9 1,122.5 700.3 565.8 331.5 (229) 453.5 461.0 349.7 72.4
Per Share Data
EPS (Basic) 0.73 0.67 0.58 1.16 1.23 0.95 1.45 1.34 1.32 1.03 1.15 1.16 1.01 0.93 0.94 0.82 0.79 0.88 0.95 0.83 0.49 0.40 0.23 -0.18 0.38 0.46 0.37 0.07
EPS (Diluted) 0.72 0.67 0.58 1.15 1.23 0.94 1.45 1.34 1.32 1.03 1.15 1.16 1.00 0.92 0.94 0.82 0.79 0.88 0.94 0.83 0.49 0.39 0.23 -0.18 0.38 0.46 0.37 0.07
Shares Outstanding 1,545.8 1,488 1,451 1,396 1,346 1,275 1,204 1,194 1,186 1,184 1,206 1,232 1,280 1,302 1,296 1,280 1,272 1,280 1,328 1,375.2 1,428.4 1,421.2 1,397.2 1,271.6 1,176.8 989.2 948.5 939.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998
Current Assets
Cash & Cash Equivalents 2,621 869 864 974 723 665.6 412.6 414 509 432 41 0 897 6 0 17.1 100.2 0 81.4
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 4,254 4,315 4,247 3,881 3,327 2,309.3 2,179.3 2,463 2,467 2,162 710 991 996 911.2 774.4 979.2 1,011.5 698.1 685.6
Inventory 482 629 484 537 448 319.5 337.0 376 378 318 282.7 405.3 133.3 123.5 96.5 118.6 151.7 56.3 0
Other Current Assets 594 65 36 83 13 1.6 6.2 527 648 197 1 14 1,334.9 310.2 196.2 147.0 290 491.9 389.4
Total Current Assets 8,372 6,647 6,313 6,092 5,032 3,671.1 3,356.9 3,841 2,884 2,474 1,180.1 1,896.1 2,647.6 1,517.3 1,173.2 1,442.6 1,748.8 1,246.3 1,156.4
Non-Current Assets
Property, Plant & Equipment 17,503 17,291 17,248 17,084 15,926 11,784.9 10,975.1 12,091 11,368 10,464 8,093.0 8,904.8 7,528.2 7,417.9 8,025.9 12,759.8 11,531.0 5,873.4 5,810.1
Goodwill 10,460 10,544 10,058 9,131 7,270 5,620.1 4,092.5 4,733 4,217 3,787 3,740.2 4,337.4 3,126.8 3,118 3,124.6 3,320.9 0 0 0
Intangible Assets 20,328 20,593 19,721 19,239 17,485 11,811.6 9,906.3 10,956 10,658 10,364 5,390.5 6,287.0 3,692.8 3,799.3 3,948.6 4,835.6 3,257.2 64.8 134.4
Long-Term Investments 1,164 1,058 826 609 497 854.8 652.4 75 56 92 42.9 51.1 38.4 41.9 48.1 56 18 0 0
Other Non-Current Assets 1,786 1,872 1,932 1,895 1,738 215.1 309.2 120 105 107 1,677.5 1,513 704.4 957.1 729.1 689.4 1,340.7 626.6 822.3
Total Non-Current Assets 51,241 51,376 49,823 47,977 42,951 30,295.1 25,935.6 29,224 26,664 25,255 18,944.1 21,421.6 15,190.4 15,960.2 17,046.6 17,823.0 14,666.2 6,564.8 6,766.8
Total Assets 59,613 58,023 56,136 54,069 47,983 33,966.2 29,292.5 33,065 29,548 27,729 20,124.2 23,317.7 17,838 17,477.5 18,219.8 19,265.6 16,415 7,811.1 7,923.2
Current Liabilities
Account Payables 982 1,126 996 1,382 1,213 671.1 687.9 686 717 257 1,385 441 313 377.2 1,198.8 1,276.1 1,295 915.8 709.2
Short-Term Debt 4,022 4,168 4,098 2,645 3,041 1,202.5 1,104.3 945 1,523 1,427 82 768 4.3 221.1 0 229.9 5,033.3 605.5 781.9
Deferred Revenue 0 1,039 971 891 854 464.7 420.3 653 782 737 (967.2) 1,002.8 1,120.3 53.5 0 0 0 0 0
Other Current Liabilities 4,685 247 342 185 148 1,759.0 1,658.8 1,393 1,233 745 (138.4) 1,122.4 531.5 444.6 930 308.6 341.2 273.2 280.2
Total Current Liabilities 9,689 9,831 9,478 8,286 8,273 4,635.0 4,298.4 4,841 5,190 4,951 3,103.6 3,720.4 1,969.1 2,154.7 2,181 1,860.1 6,669.5 1,794.5 1,771.3
Non-Current Liabilities
Long-Term Debt 27,437 25,608 23,355 22,496 17,925 13,669.5 12,135.0 13,166 12,332 11,625 6,090 6,343 6,332.2 6,469.4 8,197.4 8,651.4 3,047.3 1,555.5 1,608.7
Deferred Tax Liabilities 4,292 4,231 4,390 4,455 4,045 2,918.4 2,478.5 3,152 2,500 2,107 1,381.1 1,527.3 991.9 1,007 992.3 1,326.6 0 0 0
Other Non-Current Liabilities 1,415 1,391 1,523 1,086 1,591 1,687.6 1,003.3 4,615 3,763 3,217 1,677.8 3,267.9 1,506.1 1,173.7 405.3 440.6 205.5 141 159.7
Total Non-Current Liabilities 33,345 31,394 29,356 28,125 23,651 19,466.2 16,770.4 17,883 16,095 14,842 9,088.8 10,828.9 8,830.2 8,650.1 9,595 10,418.6 3,252.8 1,696.5 1,768.4
Total Liabilities 43,034 41,225 38,834 36,411 31,924 24,101.3 21,068.8 22,724 21,285 19,793 12,192.4 14,549.2 10,799.3 10,804.8 11,776 12,278.7 9,922.3 3,491 3,539.7
Stockholders' Equity
Common Stock 14,096 13,124 12,324 11,399 9,644 6,025.9 4,364.8 5,390 5,205 5,029 0 0 0 0 0 5,048 11,057.9 0 0
Retained Earnings 98 1,520 2,835 4,104 4,256 2,913.7 3,370.7 4,474 2,595 2,474 2,159 1,859 1,008.1 741.7 630.4 1,654.8 1,563.4 1,457.5 1,526.8
Accumulated Other Comprehensive Income 4 (105) (44) 110 203 91.8 91.8 12 51 42 (72) (130) (2.2) (2.7) 300 149.6 7.4 7.4 0
Total Stockholders' Equity 15,775 15,620 16,112 16,569 15,116 9,450.5 8,134.2 10,259 8,221 7,917 7,909.8 8,740.5 7,025.6 6,662 6,432.6 6,986.9 6,418.4 4,307.7 4,373.9
Total Liabilities & Equity 59,613 58,023 56,136 54,069 47,983 33,966.2 29,288.6 33,065 29,548 27,729 20,124.2 23,317.7 17,838 17,477.5 18,219.8 19,265.6 16,415 7,811.1 7,923.2
Debt Metrics
Total Debt 31,459 29,776 27,453 25,141 20,966 16,003.1 14,323.5 14,201 13,760 13,031 7,233.4 7,730.4 6,336.5 6,690.5 8,197.4 8,881.3 8,080.6 2,161 2,390.6
Net Debt 28,838 28,907 26,589 24,167 20,243 15,337.5 13,910.9 13,787 13,251 12,599 7,192.4 7,730.4 5,439.5 6,684.5 8,197.4 8,864.2 7,980.4 2,161 2,309.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998
Operating Activities
Net Income 1,113 938 867 1,718 1,698 1,260 1,776 1,624 1,479 1,236 700.3 565.8 331.5 (227.1) (138.8) 461.0 349.7 603
Depreciation & Amortization 4,059 4,036 4,069 3,452 3,216 3,012 2,577 2,267 2,169 2,047 1,623.7 1,643.1 1,652.8 1,570.3 1,669.0 1,212.2 1,062.1 1,021.8
Stock-Based Compensation 0 151 117 122 139 27 (2) 6 17 (2) 24.3 23.8 0 0 0 0 0 0
Change in Working Capital (105) 21 (326) (193) (82) 270 (332) 256 (142) (71) 353.7 52 23.3 213.2 31.9 (169.5) (90.4) 0
Other Non-Cash Items (201) (132) (88) (319) (630) (71) (207) (169) (6) 51 (127.4) (127.5) (215.4) 263.4 77.8 (20.6) 329.5 (210)
Operating Cash Flow 4,866 4,847 4,499 4,811 4,388 4,574 3,927 4,058 3,947 3,219 2,914.6 2,538.1 2,144 1,742 1,398.6 1,635.1 1,645.1 1,496.3
Investing Activities
Capital Expenditure (2,515) (3,387) (3,211) (3,647) (5,316) (2,822) (3,894) (2,875) (3,081) (2,897) (1,319) (1,319) (1,252.7) (1,693.3) (2,249.4) (1,441.3) (1,199.2) (1,097.6)
Acquisitions (531) (338) (1,277) (1,531) 40 (3,119) (1,089) (242) (536) (87) (29.4) 0 0 0 (731.3) (2,464.0) 0 0
Purchases of Investments 0 (66) (132) (214) (148) (129) (35) (22) (26) (33) (11.3) 0 0 0 (33.2) 0 0 0
Sales/Maturities of Investments 0 0 0 5 0 5 7 184 18 103 1,319 0 0 0 228.4 0 0 0
Other Investing Activities 6 (546) (157) (21) (2,261) (100) (33) 140 (26) 61 (1,314.5) 19.5 54.9 2.2 964.2 74.2 0.9 61.9
Investing Cash Flow (3,040) (3,700) (4,748) (5,408) (5,466) (6,165) (5,044) (2,977) (3,643) (2,923) (1,355.2) (1,299.5) (1,197.8) (1,691.1) (1,821.3) (3,831.1) (1,198.3) (1,035.7)
Financing Activities
Net Debt Issuance 1,155 462 1,531 2,205 (71) 1,011 2,443 56 865 883 (1,453.7) (208.8) (828.7) (341.2) 540.5 2,582.5 (229.2) (427.9)
Stock Repurchased (40) 0 0 0 0 0 0 (100) 0 (179) (892.1) (150.8) 0 0 0 0 (1.8) (47.6)
Dividends Paid (1,628) (1,562) (1,315) (1,188) (1,045) (930) (1,149) (1,141) (1,082) (1,070) (312.2) (248.7) (172) (135.6) (325.2) (353.0) (334.9) (309.7)
Other Financing Activities 439 (42) (77) (169) 769 328 (56) 9 (10) 279 (8.7) 111.2 (6.7) 307.6 12 67.3 1.9 1.5
Financing Cash Flow (74) (1,142) 139 848 953 1,904 1,238 (1,176) (227) (87) (2,447.3) (348.3) (931) (77) 339.6 2,328.5 (560.5) (775.9)
Cash Position
Net Change in Cash 1,752 5 (110) 251 (125) 313 121 (95) 77 209 (887.9) 890.3 15.2 (26.1) (83.1) 132.5 (113.7) (315.3)
Cash at Beginning 869 864 974 723 848 535 414 509 432 223 896.5 6.2 (9) 17.1 100.2 (32.3) 81.4 396.7
Cash at End 2,621 869 864 974 723 848 535 414 509 432 8.6 896.5 6.2 (9) 17.1 100.2 (32.3) 81.4
Free Cash Flow 2,351 1,460 1,288 1,164 (928) 1,752 33 1,183 866 322 1,595.6 1,219.1 891.3 48.7 (850.8) 193.8 445.9 398.7
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Income Statement
Revenue 20,506 20,139 20,005 18,292 16,838 15,341 14,589 14,095 13,202 12,725 12,430 11,927 11,336 10,852 10,397 9,779 10,058.4 11,747.7 9,074.4 8,681 8,142.7 7,581.2 7,146 7,006.7 7,202.6 6,433.2 5,761.8 4,842.7
Gross Profit 6,922 12,500 12,468 11,185 10,139 9,073 8,519 7,727 7,267 7,094 6,898 6,628 6,374 6,032 5,671 3,717 3,854.4 4,670.8 6,025.9 5,939 5,489.8 5,174 2,844.1 2,518.6 2,529.6 2,464.8 2,216.9 1,391.1
Operating Income 2,363 2,804 2,362 2,954 3,074 2,482 2,977 2,837 2,605 2,182 2,353 2,382 2,215 2,107 1,968 1,908 1,852.3 2,514.3 1,974.3 2,014.7 1,671.6 1,447.5 1,163 378.4 837.0 1,252.6 1,154.8 369.3
Net Income 1,113 993 841 1,615 1,655 1,207 1,746 1,600 1,460 1,223 1,382 1,425 1,294 1,318 1,219 1,034 1,045.0 1,372.8 1,257.9 1,122.5 700.3 565.8 331.5 (229) 453.5 461.0 349.7 72.4
EPS (Diluted) 0.72 0.67 0.58 1.15 1.23 0.94 1.45 1.34 1.32 1.03 1.15 1.16 1.00 0.92 0.94 0.82 0.79 0.88 0.94 0.83 0.49 0.39 0.23 -0.18 0.38 0.46 0.37 0.07
Balance Sheet
Cash & Equivalents 2,621 869 864 974 723 665.6 412.6 414 509 432 41 0 897 6 0 17.1 100.2 0 81.4
Total Assets 59,613 58,023 56,136 54,069 47,983 33,966.2 29,292.5 33,065 29,548 27,729 20,124.2 23,317.7 17,838 17,477.5 18,219.8 19,265.6 16,415 7,811.1 7,923.2
Total Debt 31,459 29,776 27,453 25,141 20,966 16,003.1 14,323.5 14,201 13,760 13,031 7,233.4 7,730.4 6,336.5 6,690.5 8,197.4 8,881.3 8,080.6 2,161 2,390.6
Stockholders' Equity 15,775 15,620 16,112 16,569 15,116 9,450.5 8,134.2 10,259 8,221 7,917 7,909.8 8,740.5 7,025.6 6,662 6,432.6 6,986.9 6,418.4 4,307.7 4,373.9
Cash Flow
Operating Cash Flow 4,866 4,847 4,499 4,811 4,388 4,574 3,927 4,058 3,947 3,219 2,914.6 2,538.1 2,144 1,742 1,398.6 1,635.1 1,645.1 1,496.3
Capital Expenditure (2,515) (3,387) (3,211) (3,647) (5,316) (2,822) (3,894) (2,875) (3,081) (2,897) (1,319) (1,319) (1,252.7) (1,693.3) (2,249.4) (1,441.3) (1,199.2) (1,097.6)
Free Cash Flow 2,351 1,460 1,288 1,164 (928) 1,752 33 1,183 866 322 1,595.6 1,219.1 891.3 48.7 (850.8) 193.8 445.9 398.7