Rogers Communications Inc. (RCI)

Rogers Communications Income Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	21,021	20,604	19,308	15,396	14,655	13,916
Revenue Growth (YoY)	2.75%	6.71%	25.41%	5.06%	5.31%	-7.68%
Cost of Revenue	11,357	10,987	10,727	9,003	8,768	8,150
Gross Profit	9,664	9,617	8,581	6,393	5,887	5,766
Selling, General & Admin	-6	-5	-13	-1	14	13
Operating Expenses	4,748	4,611	4,108	2,575	2,599	2,631
Operating Income	4,916	5,006	4,473	3,818	3,288	3,135
Interest Expense	-2,090	-2,123	-1,905	-1,170	-802	-831
Interest & Investment Income	-	-	-	46	42	39
Earnings From Equity Investments	31	8	-412	-31	-44	-40
Currency Exchange Gain (Loss)	-72	-222	111	-127	-10	-107
Other Non Operating Income (Expenses)	137	45	-266	63	-23	70
EBT Excluding Unusual Items	2,922	2,714	2,001	2,599	2,451	2,266
Merger & Restructuring Charges	-499	-406	-685	-310	-324	-185
Gain (Loss) on Sale of Investments	5,014	-2	50	-	-	-
Other Unusual Items	-	-	-	-	-	91
Pretax Income	7,437	2,306	1,366	2,289	2,127	2,172
Income Tax Expense	643	572	517	609	569	580
Net Income	6,749	1,734	849	1,680	1,558	1,592
Net Income to Common	6,749	1,734	849	1,680	1,558	1,592
Net Income Growth	348.74%	104.24%	-49.46%	7.83%	-2.14%	-22.07%
Shares Outstanding (Basic)	539	534	523	505	505	505
Shares Outstanding (Diluted)	540	535	524	506	506	506
Shares Change (YoY)	1.22%	2.10%	3.56%	-	-	-1.36%
EPS (Basic)	12.53	3.25	1.62	3.33	3.09	3.15
EPS (Diluted)	12.48	3.20	1.62	3.32	3.07	3.13
EPS Growth	341.45%	98.20%	-51.31%	8.03%	-1.89%	-21.11%
Free Cash Flow	1,703	1,580	1,179	1,418	1,373	2,009
Free Cash Flow Per Share	3.16	2.95	2.25	2.80	2.71	3.97
Dividend Per Share	2.000	2.000	2.000	2.000	2.000	2.000
Gross Margin	45.97%	46.67%	44.44%	41.52%	40.17%	41.43%
Operating Margin	23.39%	24.30%	23.17%	24.80%	22.44%	22.53%
Profit Margin	32.11%	8.42%	4.40%	10.91%	10.63%	11.44%
Free Cash Flow Margin	8.10%	7.67%	6.11%	9.21%	9.37%	14.44%
EBITDA	9,238	9,214	8,223	6,120	5,627	5,536
EBITDA Margin	43.95%	44.72%	42.59%	39.75%	38.40%	39.78%
D&A For EBITDA	4,322	4,208	3,750	2,302	2,339	2,401
EBIT	4,916	5,006	4,473	3,818	3,288	3,135
EBIT Margin	23.39%	24.30%	23.17%	24.80%	22.44%	22.53%
Effective Tax Rate	8.65%	24.80%	37.85%	26.61%	26.75%	26.70%

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q