Rogers Communications Inc. (RCI) stock analysis

In our weekly check, Rogers Communications Inc. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 16 pass, warnings: 5, red flags: 4.

About Rogers Communications Inc.

Rogers Communications Inc. is a Communication Services company (Telecommunications Services) based in Canada, listed on NYSE as RCI.

What our checks show for RCI

Red flags

• Net debt is 2.9x a year of EBITDA (debt/equity 2.76). That limits room in a downturn and raises refinancing risk.
• Analysts expect the net margin to shrink by 18.8 points from today's 27.3%.
• The stock has fallen as much as 63% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 8.3 years.

Warning signs

• Operating profit covers interest only 2.5 times: a weak year could make the payments hard.
• The gross margin fell by 1.2 points, to 39%: costs are rising faster than prices.
• Analysts expect earnings per share to shrink about 37.4% a year.
• Analysts expect only about 1.6% a year of growth in revenue.
• Return on capital (ROCE) is only 7.1%.

Strengths

• The net margin rose by 16.6 points over 5 years, to 27.3%.
• Earnings per share grew 53.4% a year over the last 3 years.
• Net profit grew 54.3% a year over the last 3 years.
• The company keeps 27.3% of its revenue as net profit.
• Free cash flow is 11.9% of revenue: cash for dividends, buybacks or growth.
• The dividend takes 18% of profit: there is a cushion.

Similar companies

ASTS · BCE · VIV · CHTR · ECHO · TU

Questions

What grade does Rogers Communications Inc. (RCI) have?

In our weekly check, Rogers Communications Inc. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 16 pass, warnings: 5, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of RCI stock?

This week's biggest flags for Rogers Communications Inc.: High debt, Margins expected to shrink, Deep past fall. In total 9 of 25 checks show a warning or a red flag.

What does Rogers Communications Inc. do?

Rogers Communications Inc. is a Communication Services company (Telecommunications Services) based in Canada, listed on NYSE as RCI.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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