RCIRogers Communications Inc.

$36.94

Is the business good?

How good a business is RCI?

Rogers Communications Inc. earns 12% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

12%

Return on invested capital · cost of capital 9.0% · 3.1 points above what the capital costs: growth creates value

Operating margin
45%

Operating margin · Telecom Services median 11% · fiscal year to FY2025

Cash conversion
0.32×

Cash conversion · 0.91× a year ago · some of the reported profit has not turned into cash yet

Share count, year on year
+1.1%

Share count, year on year · shareholders own a smaller slice than a year ago

Operating margin by fiscal year
YearOperating margin
FY202042%
FY202140%
FY202242%
FY202344%
FY202447%
FY202545%
Details
Gross marginfiscal year to FY2025
45%
Operating marginfiscal year to FY2025
45%
Net marginfiscal year to FY2025
32%
Free cash flow margin
10%
Revenue, trailing twelve months
$21.7B
Free cash flow, trailing twelve months
$2.20B
Net income, trailing twelve months
$6.91B
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
12%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.