TELUS Corporation

NYSE:TU Stock Report

Market Cap: US$19.7b

TELUS Balance Sheet Health

Financial Health criteria checks 0/6

TELUS has a total shareholder equity of CA$16.4B and total debt of CA$28.4B, which brings its debt-to-equity ratio to 173.6%. Its total assets and total liabilities are CA$58.9B and CA$42.5B respectively. TELUS's EBIT is CA$3.1B making its interest coverage ratio 2.1. It has cash and short-term investments of CA$1.3B.

Key information

173.56%

Debt to equity ratio

CA$28.41b

Debt

Interest coverage ratio2.1x
CashCA$1.30b
EquityCA$16.37b
Total liabilitiesCA$42.49b
Total assetsCA$58.85b

Recent financial health updates

No updates

Recent updates

Seeking Alpha • May 14

TELUS Offers Value With AI And Fiber Tailwinds

Summary TELUS is undervalued, offering a 9.7% yield and trading near its 52-week low. TU's focus on lower capital intensity, free cash flow growth, and AI-driven opportunities underpins a "Buy" rating. AI-enabling capabilities and TELUS Health are seeing double-digit revenue and EBITDA growth, supporting long-term earnings expansion. Deleveraging, reduced capex, and monetization of fiber/copper assets enhance TU's risk-reward profile for yield and capital appreciation. Read the full article on Seeking Alpha
Seeking Alpha • Nov 14

TELUS: Why It Might Be Time To Buy The Stock Soon

Summary TELUS, Canada's largest telco, is undervalued and presents a solid investment opportunity with a potential 16% annualized upside until 2026, despite recent earnings challenges. The company's heavy investments in fiber infrastructure and wireless segments position it for future growth, with a 7% yield and improving free cash flow. TELUS's non-telco investments pose risks, but its core business remains strong, and the dividend is expected to stay on track. With a fair value target of $29 CAD/share, TU is a "Buy" due to its growth potential, stability, and attractive yield. Read the full article on Seeking Alpha
Seeking Alpha • Oct 01

AT&T: Deleveraging Complete With DirecTV Sale, Now Comes The Hard Part

Summary We previously shifted our stance on AT&T to neutral due to a balanced risk-reward. The sale of DirecTV, despite a significant loss, aids AT&T's deleveraging and refocuses on its core business. AT&T offers an attractive earnings yield of 10% and free cash flow yield of 12%, but faces bigger risks in 2025. Read the full article on Seeking Alpha
Seeking Alpha • Mar 27

AT&T: Revisiting That Switch From TELUS Idea

Summary Analysis requires patience and a focus on fundamentals, even when unpopular. TELUS Corporation initially outperformed AT&T Inc., but eventually AT&T caught up and outperformed by 22%. We examine that switch call and see whether we would make a similar bet today. Read the full article on Seeking Alpha

Financial Position Analysis

Short Term Liabilities: TU's short term assets (CA$7.2B) do not cover its short term liabilities (CA$10.7B).

Long Term Liabilities: TU's short term assets (CA$7.2B) do not cover its long term liabilities (CA$31.8B).

Debt to Equity History and Analysis

Debt Level: TU's net debt to equity ratio (165.6%) is considered high.

Reducing Debt: TU's debt to equity ratio has increased from 118% to 173.6% over the past 5 years.

Debt Coverage: TU's debt is not well covered by operating cash flow (17%).

Interest Coverage: TU's interest payments on its debt are not well covered by EBIT (2.1x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/02 14:21
End of Day Share Price 2026/06/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TELUS Corporation is covered by 30 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Amman SaeedAccountability Research Corporation
David McFadgenATB Cormark
Phillip HuangBarclays