Telus Corp logo

Telus Corp

TU

NYSECommunication ServicesTelecommunications Services

Previous close

$9.90

−$0.12 · -1.20%

Aug 21, 4:00 PM ET

Pre-market

$9.92

+$0.02 · +0.20%

Aug 24, 7:43 AM ET

TU company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

73

Undervalued

Momentum

25

Weakening

Sentiment

45

Mixed

Risk resilience

66

Moderate Risk

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Company profile

Company website

TELUS Corporation, together with its subsidiaries, operates as a telecommunications company in Canada and internationally. It operates through TELUS Technology Solutions, TELUS Health, and TELUS Digital Experience segments. The company offer technology solutions comprising mobile and fixed voice and data telecommunications services and products; and agriculture and consumer goods services, such as software, data management and data analytics-driven smart-food chain, and consumer goods technologies, as well as sells mobile technologies equipment. It also provides data services consisting of internet protocol; television; hosting; managed information technology and cloud-based services; and home and business security and automation. In addition, the company offers integrated health and well-being products, solutions, and services, such as healthcare services; and software and technology solutions, including employee and family assistance programs and benefits administration. Further, it provides digitally enabled customer experience solutions, including digital customer experience management and the digital transformation of IT and customer experience systems; digital trust, safety, and security; AI data services; and generative AI solutions in customer experience. The company was formerly known as TELUS Communications Inc. and changed its name to TELUS Corporation in February 2005. TELUS Corporation was incorporated in 1998 and is based in Vancouver, Canada.

Industry
Telecommunications Services
Sector
Communication Services
Headquarters
CA
CEO
Victor Dodig
Listed since
Jun 11, 1996
Employees
111,500

Market position

Day range

Current $9.90

52-week range

Current $9.90

Open
$10.04
Previous close
$10.02
Volume
5.56M
0.85× average
Average volume
6.57M
Average daily volume
Market cap
15.46B USD
Beta
0.67
Market reference 1
50-day average
$10.4552
-5.31% below average
200-day average
$12.4714
-20.62% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
56.5B CAD
P/E (TTM)
-23.76×
P/B (TTM)
1.61×
P/S (TTM)
1.05×
EV / EBITDA
8.33×
Earnings yield
4.02%
Free cash flow yield
8.50%
Dividend yield
12.28%

Profitability & efficiency

Gross margin
38.87%
Operating margin
14.82%
Net margin
-4.55%
Return on equity
7.06%
Return on assets
1.87%
Return on invested capital
2.83%

Financial health

Debt / equity
2.37×
Current ratio
0.86×
Altman Z-score
0.7
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends68%45%22%-2%Gross margin, FY2021: 35.81%Gross margin, FY2022: 35.63%Gross margin, FY2023: 35.15%Gross margin, FY2024: 35.14%Gross margin, FY2025: 62.13%Operating margin, FY2021: 18.26%Operating margin, FY2022: 16.15%Operating margin, FY2023: 11.81%Operating margin, FY2024: 13.92%Operating margin, FY2025: 11.61%Net margin, FY2021: 9.83%Net margin, FY2022: 8.83%Net margin, FY2023: 4.20%Net margin, FY2024: 4.93%Net margin, FY2025: 5.47%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 35.81%. Gross margin FY2022 35.63%. Gross margin FY2023 35.15%. Gross margin FY2024 35.14%. Gross margin FY2025 62.13%. Operating margin FY2021 18.26%. Operating margin FY2022 16.15%. Operating margin FY2023 11.81%. Operating margin FY2024 13.92%. Operating margin FY2025 11.61%. Net margin FY2021 9.83%. Net margin FY2022 8.83%. Net margin FY2023 4.20%. Net margin FY2024 4.93%. Net margin FY2025 5.47%.

Income trends

Revenue

20.35B CAD+1.03%

Operating income

2.36B CAD-15.73%

Net income

1.11B CAD+12.08%
Income trends across reported periods22.3B CAD14.49B CAD6.69B CAD−1.11B CADRevenue, FY2021: 16.84B CADRevenue, FY2022: 18.29B CADRevenue, FY2023: 20.01B CADRevenue, FY2024: 20.14B CADRevenue, FY2025: 20.35B CADOperating income, FY2021: 3.07B CADOperating income, FY2022: 2.95B CADOperating income, FY2023: 2.36B CADOperating income, FY2024: 2.8B CADOperating income, FY2025: 2.36B CADNet income, FY2021: 1.66B CADNet income, FY2022: 1.62B CADNet income, FY2023: 841M CADNet income, FY2024: 993M CADNet income, FY2025: 1.11B CADFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 16.84B CAD. Revenue FY2022 18.29B CAD. Revenue FY2023 20.01B CAD. Revenue FY2024 20.14B CAD. Revenue FY2025 20.35B CAD. Operating income FY2021 3.07B CAD. Operating income FY2022 2.95B CAD. Operating income FY2023 2.36B CAD. Operating income FY2024 2.8B CAD. Operating income FY2025 2.36B CAD. Net income FY2021 1.66B CAD. Net income FY2022 1.62B CAD. Net income FY2023 841M CAD. Net income FY2024 993M CAD. Net income FY2025 1.11B CAD.
Metric (CAD)FY2025FY2024FY2023FY2022FY2021
Revenue20.35B CAD20.14B CAD20.01B CAD18.29B CAD16.84B CAD
Cost of goods sold7.71B CAD13.06B CAD12.97B CAD11.77B CAD10.81B CAD
Gross profit12.64B CAD7.08B CAD7.03B CAD6.52B CAD6.03B CAD
Selling, general, and administrative5.88B CAD
Operating expenses10.28B CAD4.27B CAD4.67B CAD3.56B CAD2.96B CAD
Interest income56M CAD39M CAD29M CAD21M CAD20M CAD
Interest expense1.21B CAD1.41B CAD1.29B CAD867M CAD805M CAD
Depreciation and amortization4.06B CAD2.54B CAD2.61B CAD2.32B CAD2.17B CAD
Operating income2.36B CAD2.8B CAD2.36B CAD2.95B CAD3.07B CAD
Net income1.11B CAD993M CAD841M CAD1.62B CAD1.66B CAD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
+3.83%
11 comparable reports
Latest EPS result
0.12
Estimate 0.14 · Miss by 15.01%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.230.190.140.1Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 7, 2025: actual 0.18, estimate 0.16, surprise +12.50%, Beat. Q2 2025, reported May 9, 2025: actual 0.18, estimate 0.15, surprise +20.00%, Beat. Q3 2025, reported Aug 1, 2025: actual 0.16, estimate 0.17, surprise -5.88%, Miss. Q4 2025, reported Nov 7, 2025: actual 0.17, estimate 0.19, surprise -10.53%, Miss. Q1 2026, reported Feb 12, 2026: actual 0.15, estimate 0.18, surprise -16.67%, Miss. Q2 2026, reported May 8, 2026: actual 0.17, estimate 0.156, surprise +8.70%, Beat. Q3 2026, reported Jul 31, 2026: actual 0.12, estimate 0.141, surprise -15.01%, Miss. Q4 2026, reported Nov 6, 2026: actual —, estimate 0.12, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates4.08B3.83B3.57B3.31BQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 7, 2025: actual 3.74B USD, estimate 3.79B USD, surprise -1.44%, Miss. Q2 2025, reported May 9, 2025: actual 3.51B USD, estimate 3.48B USD, surprise +1.01%, Beat. Q3 2025, reported Aug 1, 2025: actual 3.73B USD, estimate 3.69B USD, surprise +1.21%, Beat. Q4 2025, reported Nov 7, 2025: actual 3.67B USD, estimate 3.71B USD, surprise -1.17%, Miss. Q1 2026, reported Feb 12, 2026: actual 3.83B USD, estimate 3.93B USD, surprise -2.42%, Miss. Q2 2026, reported May 8, 2026: actual 3.6B USD, estimate 3.64B USD, surprise -0.96%, Miss. Q3 2026, reported Jul 31, 2026: actual 3.47B USD, estimate 3.55B USD, surprise -2.39%, Miss. Q4 2026, reported Nov 6, 2026: actual —, estimate 3.61B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$11.00

11.11% upside
Past 12 months12-month forecastHigh $11.00Average $11.00Low $11.00

Rating distribution

23 ratings
Strong buy00%
Buy1461%
Hold835%
Sell14%
Strong sell00%

Recent analyst actions

6 institutions
B of A SecuritiesupgradeNeutralBuy
JP MorgandowngradeNeutralUnderweight
Canaccord GenuitymaintainHold
ScotiabankdowngradeSector OutperformSector Perform
BMO CapitalmaintainOutperform

TU news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.1868

2025 complete year+16.9% since 2021

2026 partial: $0.608

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 10, 2026

$0.1359

Quarterly

Record Sep 10, 2026 · Payment Oct 1, 2026

Dividend

Ex-dividend Jun 10, 2026

$0.3004

Quarterly

Record Jun 10, 2026 · Payment Jul 2, 2026

Dividend

Ex-dividend Mar 11, 2026

$0.3076

Quarterly

Record Mar 11, 2026 · Payment Apr 1, 2026

Dividend

Ex-dividend Dec 11, 2025

$0.3037

Quarterly

Record Dec 11, 2025 · Payment Jan 2, 2026

Dividend

Ex-dividend Sep 10, 2025

$0.3007

Quarterly

Record Sep 10, 2025 · Payment Oct 1, 2025

Dividend

Ex-dividend Jun 10, 2025

$0.3042

Quarterly

Record Jun 10, 2025 · Payment Jul 2, 2025

TU peers

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