TELUS Corporation (TSX:T)
Canada · Delayed Price · Currency is CAD 13.54
+0.08 (0.59%)
Aug 14, 2026, 4:00 PM EST
TELUS Cash Flow Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -919 | 1,113 | 993 | 841 | 1,615 | 1,655 |
Depreciation & Amortization | 2,519 | 3,000 | 2,995 | 3,001 | 2,641 | 2,459 |
Other Amortization | 1,539 | 1,041 | 959 | 995 | 802 | 750 |
Loss (Gain) From Sale of Assets | - | - | - | - | - | -410 |
Asset Writedown & Restructuring Costs | 2,153 | 518 | 82 | 73 | 9 | 7 |
Loss (Gain) on Equity Investments | - | -1 | 18 | 26 | 7 | 10 |
Stock-Based Compensation | 148 | 144 | 151 | 117 | 122 | 139 |
Other Operating Activities | -649 | -844 | -372 | -2 | -166 | 44 |
Change in Accounts Receivable | 32 | -33 | -74 | -188 | -303 | -298 |
Change in Inventory | 24 | 147 | -145 | 53 | -89 | -41 |
Change in Accounts Payable | 135 | -113 | 307 | -268 | 173 | 289 |
Change in Unearned Revenue | -34 | 11 | 73 | 74 | -12 | 62 |
Change in Income Taxes | -39 | -39 | 41 | -72 | 50 | -77 |
Change in Other Net Operating Assets | 106 | -78 | -181 | -151 | -12 | -17 |
Operating Cash Flow | 5,015 | 4,866 | 4,847 | 4,499 | 4,811 | 4,388 |
Operating Cash Flow Growth | 5.54% | 0.39% | 7.74% | -6.49% | 9.64% | -4.07% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -2,617 | -2,515 | -2,750 | -3,182 | -3,647 | -3,097 |
Sale of Property, Plant & Equipment | 50 | 114 | 21 | 12 | 16 | 508 |
Cash Acquisitions | -70 | -531 | -359 | -1,289 | -1,547 | -468 |
Sale (Purchase) of Intangibles | -373 | - | -637 | -29 | - | -2,219 |
Investment in Securities | -151 | -108 | -75 | -264 | -234 | -194 |
Other Investing Activities | - | - | 100 | 4 | 4 | 4 |
Investing Cash Flow | -3,161 | -3,040 | -3,700 | -4,748 | -5,408 | -5,466 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 13 | 825 | - | - | 10 |
Long-Term Debt Issued | - | 12,773 | 6,455 | 9,223 | 10,271 | 4,891 |
Total Debt Issued | 7,668 | 12,786 | 7,280 | 9,223 | 10,271 | 4,901 |
Short-Term Debt Repaid | - | - | - | -2 | -17 | - |
Long-Term Debt Repaid | - | -11,631 | -6,818 | -7,690 | -8,049 | -4,972 |
Total Debt Repaid | -10,548 | -11,631 | -6,818 | -7,692 | -8,066 | -4,972 |
Net Debt Issued (Repaid) | -2,880 | 1,155 | 462 | 1,531 | 2,205 | -71 |
Issuance of Common Stock | - | - | - | - | - | 1,300 |
Repurchase of Common Stock | -40 | -40 | - | - | - | - |
Common Dividends Paid | -1,685 | -1,628 | -1,562 | -1,315 | -1,188 | -1,045 |
Other Financing Activities | 456 | 439 | -42 | -77 | -169 | 769 |
Financing Cash Flow | -4,149 | -74 | -1,142 | 139 | 848 | 953 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -2,295 | 1,752 | 5 | -110 | 251 | -125 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,398 | 2,351 | 2,097 | 1,317 | 1,164 | 1,291 |
Free Cash Flow Growth | 15.51% | 12.11% | 59.23% | 13.14% | -9.84% | -26.31% |
Free Cash Flow Margin | 11.87% | 11.55% | 10.41% | 6.58% | 6.36% | 7.67% |
Free Cash Flow Per Share | 1.54 | 1.53 | 1.41 | 0.90 | 0.83 | 0.96 |
Levered Free Cash Flow | 2,396 | 2,761 | 1,819 | 735.38 | 1,020 | -214.25 |
Unlevered Free Cash Flow | 3,381 | 3,705 | 2,697 | 2,236 | 1,557 | 272.63 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,585 | 1,384 | 1,330 | 1,196 | 816 | 744 |
Cash Income Tax Paid | 311 | 480 | 358 | 389 | 519 | 601 |
Change in Working Capital | 224 | -105 | 21 | -552 | -193 | -82 |