TELUS Past Earnings Performance
Past criteria checks 0/6
TELUS's earnings have been declining at an average annual rate of -5.9%, while the Telecom industry saw earnings growing at 8.6% annually. Revenues have been growing at an average rate of 7.5% per year. TELUS's return on equity is 5%, and it has net margins of 4.2%.
Key information
-5.9%
Earnings growth rate
-10.2%
EPS growth rate
| Telecom Industry Growth | 6.7% |
| Revenue growth rate | 7.5% |
| Return on equity | 5.0% |
| Net Margin | 4.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
AT&T: Revisiting That Switch From TELUS Idea
Mar 27TELUS: Disappointing Returns, Questionable Allocation
Jun 20TELUS Q4 2022 Earnings Preview
Feb 08TELUS reports Q3 mixed earnings; updates F22 guidance
Nov 04Telus to acquire WillowTree for enterprise value of $1.225B
Oct 27Telus Business rolls out online platform to celebrate Small Business Month
Oct 18TELUS raises $2B in three-tranche note offering
Sep 09Telus receives court, regulator approval for LifeWorks acquisition
Aug 11TELUS Q2 2022 Earnings Preview
Aug 04Telus opens AI Data Solutions related high-tech site in Ireland
Jul 19Telus to invest $10M for connecting Haida Gwaii
Jul 05Telus Corporation to acquire 3M shares of Telus International for $66M
Jun 29TELUS: Robust Business, But Better High-Yield Options Out There
Apr 25TELUS: One Growth Bubble Waiting To Implode
Mar 11Telus: This Valuation Is A No-Go
Dec 26Telus Is Not A Suitable Substitute For AT&T Yet
Jul 23Revenue & Expenses BreakdownBeta
How TELUS makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 20,005 | 841 | 0 | 0 |
| 30 Sep 23 | 19,872 | 801 | 0 | 0 |
| 30 Jun 23 | 19,522 | 1,179 | 0 | 0 |
| 31 Mar 23 | 18,961 | 1,447 | 0 | 0 |
| 31 Dec 22 | 18,292 | 1,615 | 0 | 0 |
| 30 Sep 22 | 17,730 | 2,011 | 0 | 0 |
| 30 Jun 22 | 17,336 | 1,842 | 0 | 0 |
| 31 Mar 22 | 17,072 | 1,709 | 0 | 0 |
| 31 Dec 21 | 16,838 | 1,655 | 0 | 0 |
| 30 Sep 21 | 16,438 | 1,271 | 0 | 0 |
| 30 Jun 21 | 16,153 | 1,233 | 0 | 0 |
| 31 Mar 21 | 15,700 | 1,188 | 0 | 0 |
| 31 Dec 20 | 15,341 | 1,207 | 0 | 0 |
| 30 Sep 20 | 15,106 | 1,315 | 0 | 0 |
| 30 Jun 20 | 14,832 | 1,441 | 0 | 0 |
| 31 Mar 20 | 14,763 | 1,668 | 0 | 0 |
| 31 Dec 19 | 14,589 | 1,746 | 0 | 0 |
| 30 Sep 19 | 14,476 | 1,735 | 0 | 0 |
| 30 Jun 19 | 14,380 | 1,745 | 0 | 0 |
| 31 Mar 19 | 14,233 | 1,618 | 0 | 0 |
| 31 Dec 18 | 14,095 | 1,600 | 0 | 0 |
| 30 Sep 18 | 13,859 | 1,596 | 0 | 0 |
| 30 Jun 18 | 13,660 | 1,556 | 0 | 0 |
| 31 Mar 18 | 13,486 | 1,555 | 0 | 0 |
| 31 Dec 17 | 13,305 | 1,559 | 0 | 0 |
| 30 Sep 17 | 13,116 | 1,287 | 0 | 0 |
| 30 Jun 17 | 12,949 | 1,232 | 0 | 0 |
| 31 Mar 17 | 12,799 | 1,259 | 0 | 0 |
| 31 Dec 16 | 12,725 | 1,223 | 0 | 0 |
| 30 Sep 16 | 12,623 | 1,403 | 0 | 0 |
| 30 Jun 16 | 12,539 | 1,420 | 0 | 0 |
| 31 Mar 16 | 12,515 | 1,345 | 0 | 0 |
| 31 Dec 15 | 12,430 | 1,382 | 0 | 0 |
| 30 Sep 15 | 12,359 | 1,433 | 0 | 0 |
| 30 Jun 15 | 12,218 | 1,423 | 0 | 0 |
| 31 Mar 15 | 12,064 | 1,463 | 0 | 0 |
| 31 Dec 14 | 11,927 | 1,425 | 0 | 0 |
| 30 Sep 14 | 11,740 | 1,403 | 0 | 0 |
| 30 Jun 14 | 11,595 | 1,404 | 0 | 0 |
| 31 Mar 14 | 11,467 | 1,309 | 0 | 0 |
| 31 Dec 13 | 11,336 | 1,294 | 0 | 0 |
| 30 Sep 13 | 11,242 | 1,267 | 0 | 0 |
| 30 Jun 13 | 11,142 | 1,234 | 0 | 0 |
Quality Earnings: TU has a large one-off loss of CA$640.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: TU's current net profit margins (4.2%) are lower than last year (8.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TU's earnings have declined by 5.9% per year over the past 5 years.
Accelerating Growth: TU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TU had negative earnings growth (-47.9%) over the past year, making it difficult to compare to the Telecom industry average (-23.7%).
Return on Equity
High ROE: TU's Return on Equity (5%) is considered low.