Rogers Communications Inc. (RCI)
NYSE: RCI · Real-Time Price · USD
31.70
-0.64 (-1.98%)
Oct 27, 2026, 1:16 PM EDT - Market open
Rogers Communications 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 | Sep '26 Sep 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 | 937 | 6,894 | 1,734 | 849 | 1,680 | 1,558 |
Depreciation & Amortization | 4,839 | 4,802 | 4,616 | 4,121 | 2,576 | 2,585 |
Other Amortization | 121 | 86 | 63 | 70 | 61 | 68 |
Loss (Gain) From Sale of Assets | -166 | -69 | - | - | - | - |
Loss (Gain) From Sale of Investments | 1,034 | -4,976 | - | - | - | - |
Loss (Gain) on Equity Investments | -55 | -38 | -8 | 412 | 31 | - |
Other Operating Activities | 473 | -48 | 151 | 396 | 297 | -87 |
Change in Accounts Receivable | -320 | -524 | -389 | -406 | -193 | 339 |
Change in Inventory | -63 | 102 | -185 | -4 | 98 | -56 |
Change in Accounts Payable | -235 | -21 | -209 | 11 | 36 | 556 |
Change in Unearned Revenue | -122 | 30 | 79 | 138 | 44 | 25 |
Change in Other Net Operating Assets | -121 | -179 | -172 | -366 | -137 | -827 |
Operating Cash Flow | 6,322 | 6,059 | 5,680 | 5,221 | 4,493 | 4,161 |
Operating Cash Flow Growth | 14.07% | 6.67% | 8.79% | 16.20% | 7.98% | -3.70% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | -3,461 | -3,863 | -4,100 | -4,042 | -3,075 | -2,788 |
Sale of Property, Plant & Equipment | 500 | 156 | 59 | 108 | - | - |
Cash Acquisitions | 99 | -4,315 | -475 | -16,215 | -9 | -3,404 |
Sale (Purchase) of Intangibles | -209 | -105 | -72 | -74 | -47 | -54 |
Other Investing Activities | -62 | -85 | 133 | 23 | -132 | 113 |
Investing Cash Flow | -3,133 | -8,212 | -4,455 | -20,200 | -3,263 | -6,133 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | - | 1,021 | 1,138 | - | 707 | 971 |
Long-Term Debt Issued | - | - | - | 5,040 | 12,711 | 550 |
Total Debt Issued | 4,224 | 1,021 | 1,138 | 5,040 | 13,418 | 1,521 |
Short-Term Debt Repaid | - | - | - | -1,439 | - | - |
Long-Term Debt Repaid | - | -4,037 | -1,581 | -370 | -316 | -269 |
Lease Payments | -603 | -559 | -478 | -370 | -316 | -269 |
Total Debt Repaid | -4,285 | -4,037 | -1,581 | -1,809 | -316 | -269 |
Net Debt Issued (Repaid) | -61 | -3,016 | -443 | 3,231 | 13,102 | 1,252 |
Common Dividends Paid | -1,080 | -913 | -739 | -960 | -1,010 | -1,010 |
Other Financing Activities | -408 | 6,528 | 55 | 208 | -737 | -39 |
Financing Cash Flow | -1,549 | 2,599 | -1,127 | 2,479 | 11,355 | 203 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 1,640 | 446 | 98 | -12,500 | 12,585 | -1,769 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 2,861 | 2,196 | 1,580 | 1,179 | 1,418 | 1,373 |
Free Cash Flow Growth | 74.98% | 38.99% | 34.01% | -16.86% | 3.28% | -31.66% |
Free Cash Flow Margin | 12.60% | 10.11% | 7.67% | 6.11% | 9.21% | 9.37% |
Free Cash Flow Per Share | 5.27 | 4.06 | 2.95 | 2.25 | 2.80 | 2.71 |
Levered Free Cash Flow | 4,536 | 6,366 | 2,117 | 13,976 | -11,982 | 1,768 |
Unlevered Free Cash Flow | 5,850 | 7,660 | 3,444 | 15,167 | -11,251 | 2,269 |
Free Cash Flow After Leases | 2,258 | 1,637 | 1,102 | 809 | 1,102 | 1,104 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 67 | - | - | - | - | 802 |
Cash Income Tax Paid | 566 | 700 | 545 | 439 | 455 | 700 |
Change in Working Capital | -861 | -592 | -876 | -627 | -152 | 37 |