RCI financial statements

The full income statement, balance sheet, and cash-flow statement for Rogers Communication Inc. (RCI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2018-12 516.0M2019-12 513.0M2020-12 506.0M2021-12 506.0M2022-12 506.0M2023-12 524.0M2024-12 535.0M2025-09 540.2M2025-12 541.0M+4.8% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	15.5B YoY+3.4%	15.0B YoY+5.1%	14.3B YoY+21.0%	11.8B YoY+1.1%	11.7B YoY+12.7%
Cost of revenue	8.51B YoY+6.2%	8.02B YoY+0.8%	7.95B YoY+14.9%	6.92B YoY-1.1%	7.00B YoY+16.4%
Operating income	7.03B YoY+0.2%	7.02B YoY+10.3%	6.36B YoY+29.5%	4.91B YoY+4.6%	4.70B YoY+7.5%
Interest expense	1.46B YoY-12.7%	1.67B YoY+10.4%	1.52B YoY+60.1%	947M YoY+39.8%	677M YoY+3.1%
Pre-tax income	5.46B YoY+224.4%	1.68B YoY+66.2%	1.01B YoY-42.4%	1.76B YoY+3.6%	1.70B YoY+4.8%
Income tax	515M YoY+23.5%	417M YoY+8.9%	383M YoY-18.1%	468M YoY+3.0%	454M YoY+5.0%
	4.94B YoY+290.7%	1.26B YoY+101.1%	629M YoY-51.3%	1.29B YoY+3.8%	1.24B YoY+4.7%
Net income to common	4.93B YoY+290.1%	1.26B	—	—	—
	$9.12 YoY+290.6%	$2.33 YoY+94.5%	$1.20 YoY-52.9%	$2.55 YoY+4.1%	$2.45 YoY+4.9%
EPS (basic)	$9.14 YoY+285.5%	$2.37 YoY+97.5%	$1.20 YoY-53.1%	$2.56 YoY+3.8%	$2.47 YoY+4.9%
	540M YoY+1.1%	534M YoY+2.1%	523M YoY+3.6%	505M YoY+0.0%	505M YoY+0.0%
	541M YoY+1.1%	535M YoY+2.1%	524M YoY+3.6%	506M YoY+0.0%	506M YoY+0.0%
Dividends per share	$1.21 YoY+19.9%	$1.01 YoY-32.0%	$1.48 YoY-3.5%	$1.54 YoY-3.5%	$1.59 YoY+6.9%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	6.93B YoY+18.8%	5.83B YoY-1.5%	5.92B YoY-58.5%	14.2B YoY+211.4%	4.58B YoY-15.8%
Cash & equivalents	981M YoY+56.9%	625M YoY+3.5%	604M YoY+76.7%	342M YoY-39.1%	561M YoY-71.2%
Accounts receivable	4.46B YoY+16.8%	3.81B YoY+1.1%	3.77B YoY+22.1%	3.09B YoY+2.4%	3.02B YoY+34.9%
Inventory	402M YoY-10.0%	446M YoY+29.6%	344M YoY+6.4%	324M YoY-22.9%	420M YoY+11.8%
	65.7B YoY+32.1%	49.7B YoY-5.0%	52.3B YoY+27.3%	41.1B YoY+24.8%	32.9B YoY+8.2%
Goodwill	14.6B YoY+29.0%	11.3B YoY-7.8%	12.3B YoY+312.9%	2.98B YoY-5.7%	3.16B YoY+1.4%
	11.4B YoY+30.1%	8.78B YoY+32.4%	6.63B YoY-6.0%	7.05B YoY+4.3%	6.77B YoY+31.1%
Short-term & current debt	866M YoY-66.4%	2.57B YoY+209.8%	831M YoY-38.5%	1.35B YoY+10.9%	1.22B YoY+7.1%
	48.0B YoY+12.9%	42.5B YoY-4.4%	44.4B YoY+32.0%	33.7B YoY+36.4%	24.7B YoY+7.5%
Long-term debt	26.2B YoY-1.6%	26.6B YoY-11.4%	30.0B YoY+35.9%	22.1B YoY+64.2%	13.5B YoY+2.4%
	13.0B YoY+78.9%	7.24B YoY-8.1%	7.89B YoY+5.8%	7.46B YoY-9.8%	8.27B YoY+10.2%
Total equity incl. non-controlling	17.7B YoY+144.7%	7.24B YoY-8.1%	7.89B YoY+5.8%	7.46B YoY-9.8%	8.27B YoY+10.2%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	4.34B YoY+4.7%	4.14B YoY+7.1%	3.87B YoY+12.1%	3.45B YoY+4.0%	3.32B YoY+3.0%
Depreciation & amortization	3.44B YoY+2.1%	3.37B YoY+10.3%	3.05B YoY+54.3%	1.98B YoY-4.1%	2.06B YoY+5.6%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Long-term debt issued	0.00	0.00	0.00	0.00 YoY-100.0%	439M YoY-76.8%
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00 YoY-100.0%
Common stock issued	118M YoY-50.8%	240M YoY+337.7%	54.8M	0.00	0.00
Common stock repurchased	0.00	0.00	0.00	0.00	0.00
Dividends paid	653M YoY+21.2%	539M YoY-24.2%	711M YoY-8.3%	776M YoY-3.7%	806M YoY+6.9%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	20.4B YoY+24.2%	16.4B YoY-30.6%	23.7B YoY-0.1%	23.7B YoY-1.7%	24.1B YoY+2.2%
P/E	4.1× YoY-68.2%	13.0× YoY-29.2%	18.4× YoY-3.7%	19.1× YoY-1.7%	19.4× YoY-2.4%
P/S	1.3× YoY+20.1%	1.1× YoY-45.4%	2.0× YoY-1.2%	2.0× YoY-1.7%	2.1× YoY-9.3%
P/B	1.6× YoY-30.6%	2.3× YoY-28.6%	3.2× YoY+10.8%	2.9× YoY-1.7%	2.9× YoY-7.2%
	24.2% YoY+214.7%	7.7% YoY+41.2%	5.4% YoY+3.9%	5.2% YoY+1.7%	5.2% YoY+2.4%
	3.2% YoY-2.4%	3.3% YoY+3.6%	3.2% YoY-3.5%	3.3% YoY-1.9%	3.3% YoY+4.5%
Source filing	40-F	40-F	40-F	40-F	40-F

About this data

Source: RCI's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all RCI filings on SEC EDGAR → Not investment advice.