Rogers Communications Inc. (RCI) Financial Ratios
30 years of historical data (1996–2025) · Communication Services · Telecommunications Services
EV/EBITDA
↓
7.05
-7% vs avg
5yr avg: 7.59
30Y Low5.9·High10.9
P/FCF
↓
N/A
—
5yr avg: 14.11
30Y Low10.9·High45.3
P/B Ratio
↓
1.11
↓-41% vs avg
5yr avg: 1.88
30Y Low0.8·High25.2
ROE
↑
39.7%
↓+106% vs avg
5yr avg: 19.3%
30Y Low-144%·High106%
Debt/EBITDA
↑
4.46
↓-8% vs avg
5yr avg: 4.83
30Y Low1.8·High7.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
RCI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Rogers Communications Inc. trades at 3.9x earnings, 72% below its 5-year average of 14.2x, sitting at the 8th percentile of its historical range. Compared to the Communication Services sector median P/E of 15.4x, the stock trades at a discount of 74%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $19.8B | $20.4B | $16.5B | $24.5B | $23.7B | $24.1B | $23.6B | $25.5B | $26.4B | $26.2B | $19.9B |
| Enterprise Value | $51.1B | $63.2B | $63.2B | $68.9B | $60.0B | $46.2B | $42.3B | $44.9B | $42.5B | $42.7B | $36.9B |
| P/E Ratio → | 3.92 | 2.96 | 9.60 | 28.90 | 14.11 | 15.51 | 14.88 | 12.48 | 12.81 | 14.27 | 23.81 |
| P/S Ratio | 1.24 | 0.94 | 0.80 | 1.27 | 1.54 | 1.64 | 1.69 | 2.19 | 1.75 | 1.83 | 1.45 |
| P/B Ratio | 1.11 | 0.84 | 1.58 | 2.35 | 2.35 | 2.29 | 2.46 | 2.71 | 3.23 | 4.13 | 3.77 |
| P/FCF | — | — | 10.92 | — | 17.29 | — | 12.08 | — | 18.28 | 18.18 | 12.74 |
| P/OCF | 4.46 | 3.37 | 2.90 | 4.70 | 5.28 | 5.79 | 5.46 | 5.63 | 6.16 | 6.66 | 5.02 |
P/E links to full P/E history page with 30-year chart
RCI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Rogers Communications Inc.'s enterprise value stands at 7.1x EBITDA, 7% below its 5-year average of 7.6x. The Communication Services sector median is 9.0x, placing the stock at a 22% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.91 | 3.07 | 3.57 | 3.90 | 3.15 | 3.04 | 3.86 | 2.82 | 2.97 | 2.69 |
| EV / EBITDA | 7.05 | 6.39 | 6.53 | 7.97 | 9.29 | 7.76 | 7.42 | 9.26 | 7.04 | 7.67 | 7.23 |
| EV / EBIT | 13.93 | 6.42 | 14.27 | 20.15 | 16.24 | 15.71 | 14.04 | 16.23 | 12.08 | 13.08 | 19.35 |
| EV / FCF | — | — | 41.91 | — | 43.75 | — | 21.69 | — | 29.46 | 29.58 | 23.68 |
RCI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Rogers Communications Inc. earns an operating margin of 23.1%. Return on equity of 39.7% is exceptionally high. ROIC of 6.1% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.1% | 23.1% | 46.7% | 44.4% | 41.5% | 40.2% | 42.1% | 24.7% | 39.6% | 38.3% | 36.7% |
| Operating Margin | 23.1% | 23.1% | 24.3% | 23.1% | 24.8% | 22.5% | — | 24.7% | 25.0% | 23.4% | 20.1% |
| Net Profit Margin | 31.8% | 31.8% | 8.4% | 4.4% | 10.9% | 10.6% | 11.4% | 13.6% | 13.6% | 12.8% | 6.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 39.7% | 39.7% | 16.6% | 8.3% | 16.3% | 15.5% | 16.8% | 17.9% | 28.3% | 31.8% | 15.2% |
| ROA | 8.5% | 8.5% | 2.5% | 1.4% | 3.4% | 3.9% | 4.2% | 4.6% | 6.8% | 6.5% | 2.9% |
| ROIC | 6.1% | 6.1% | 6.7% | 6.6% | 7.2% | 8.1% | — | 8.1% | 12.0% | 11.2% | 9.0% |
| ROCE | 7.5% | 7.5% | 8.4% | 8.4% | 9.6% | 10.1% | — | 10.2% | 16.0% | 14.8% | 11.6% |
RCI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Rogers Communications Inc. carries a Debt/EBITDA ratio of 4.5x, which is highly leveraged (27% above the sector average of 3.5x). Net debt stands at $42.8B ($44.2B total debt minus $1.3B cash). Interest coverage of 4.4x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.82 | 1.82 | 4.58 | 4.33 | 3.64 | 2.17 | 2.22 | 2.12 | 2.02 | 2.53 | 3.22 |
| Debt / EBITDA | 4.46 | 4.46 | 4.92 | 5.22 | 5.69 | 3.84 | 3.72 | 4.11 | 2.74 | 2.88 | 3.32 |
| Net Debt / Equity | — | 1.77 | 4.49 | 4.25 | 3.60 | 2.10 | 1.96 | 2.06 | 1.97 | 2.59 | 3.23 |
| Net Debt / EBITDA | 4.33 | 4.33 | 4.83 | 5.13 | 5.62 | 3.72 | 3.29 | 4.01 | 2.67 | 2.96 | 3.34 |
| Debt / FCF | — | — | 30.99 | — | 26.46 | — | 9.62 | — | 11.18 | 11.41 | 10.93 |
| Interest Coverage | 4.41 | 4.41 | 1.94 | 1.66 | 3.02 | 3.51 | 3.51 | 3.33 | 4.97 | 4.34 | 2.51 |
RCI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.61x is below 1.0, meaning current liabilities exceed current assets — though the company's $1.3B cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 0.89x to 0.61x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.61 | 0.61 | 0.66 | 0.89 | 2.02 | 0.68 | 1.05 | 0.86 | 0.72 | 0.44 | 0.50 |
| Quick Ratio | 0.57 | 0.57 | 0.61 | 0.84 | 1.97 | 0.61 | 0.98 | 0.78 | 0.65 | 0.39 | 0.44 |
| Cash Ratio | 0.09 | 0.09 | 0.07 | 0.10 | 0.12 | 0.10 | 0.38 | 0.08 | 0.06 | 0.06 | 0.02 |
| Asset Turnover | — | 0.24 | 0.29 | 0.28 | 0.28 | 0.35 | 0.36 | 0.31 | 0.47 | 0.50 | 0.48 |
| Inventory Turnover | 30.35 | 30.35 | 17.14 | 23.52 | 20.55 | 16.39 | 16.82 | 19.03 | 19.56 | 28.33 | 27.53 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
RCI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Rogers Communications Inc. returns 3.9% to shareholders annually primarily through dividends. The payout ratio of 15.2% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 25.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.9% | 5.1% | 4.5% | 3.9% | 4.3% | 4.2% | 4.3% | 4.0% | 3.7% | 3.8% | 5.0% |
| Payout Ratio | 15.2% | 15.2% | 42.6% | 113.1% | 60.1% | 64.8% | 63.5% | 64.5% | 48.0% | 53.6% | 118.3% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 25.5% | 33.7% | 10.4% | 3.5% | 7.1% | 6.4% | 6.7% | 8.0% | 7.8% | 7.0% | 4.2% |
| FCF Yield | — | — | 9.2% | — | 5.8% | — | 8.3% | — | 5.5% | 5.5% | 7.8% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 2.6% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.9% | 5.1% | 4.5% | 3.9% | 4.3% | 4.2% | 4.3% | 6.6% | 3.7% | 3.8% | 5.0% |
| Shares Outstanding | — | $541M | $536M | $524M | $506M | $506M | $506M | $513M | $515M | $515M | $515M |
Peer Comparison
Compare RCI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 RCIYou | $20B | 3.9 | 7.1 | — | 23.1% | 23.1% | 39.7% | 6.1% | 4.5 |
 BCE | $23B | 5.0 | 6.8 | 9.5 | 68.5% | 22.2% | 31.1% | 6.9% | 3.9 |
 TU | $20B | 24.5 | 8.8 | 11.7 | 33.8% | 11.5% | 6.7% | 3.9% | 4.9 |
 T | $176B | 8.3 | 7.4 | 9.1 | 79.8% | 19.2% | 17.6% | 6.7% | 3.9 |
 VZ | $199B | 11.6 | 8.0 | 9.9 | 45.6% | 21.2% | 16.6% | 8.0% | 4.2 |
 TMUS | $210B | 20.0 | 10.1 | 20.3 | 47.6% | 21.2% | 18.2% | 8.1% | 3.8 |
 CHTR | $20B | 4.4 | 5.3 | 4.6 | 46.3% | 24.3% | 24.8% | 8.6% | 4.4 |
 CMCSA | $96B | 4.9 | 5.3 | 4.4 | 60.1% | 16.7% | 21.6% | 8.2% | 3.0 |
 CABO | $345M | -1.0 | 4.6 | 1.2 | 51.3% | 26.5% | -22.1% | 6.1% | 4.3 |
 WOW | $446M | -7.2 | 6.7 | — | 59.3% | 1.0% | -25.2% | 0.4% | 4.8 |
 LUMN | $9B | -4.8 | 9.9 | 23.5 | 46.5% | -1.5% | — | -0.8% | 6.9 |
| Communication Services Median | — | 15.4 | 9.0 | 11.8 | 48.3% | 0.7% | 2.2% | 3.0% | 3.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonRCI — Frequently Asked Questions
Quick answers to the most common questions about buying RCI stock.
What is Rogers Communications Inc.'s P/E ratio?
Rogers Communications Inc.'s current P/E ratio is 3.9x. The historical average is 18.0x. This places it at the 8th percentile of its historical range.
What is Rogers Communications Inc.'s EV/EBITDA?
Rogers Communications Inc.'s current EV/EBITDA is 7.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.8x.
What is Rogers Communications Inc.'s ROE?
Rogers Communications Inc.'s return on equity (ROE) is 39.7%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 17.0%.
Is RCI stock overvalued?
Based on historical data, Rogers Communications Inc. is trading at a P/E of 3.9x. This is at the 8th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Rogers Communications Inc.'s dividend yield?
Rogers Communications Inc.'s current dividend yield is 3.87% with a payout ratio of 15.2%.
What are Rogers Communications Inc.'s profit margins?
Rogers Communications Inc. has 23.1% gross margin and 23.1% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Rogers Communications Inc. have?
Rogers Communications Inc.'s Debt/EBITDA ratio is 4.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.