Telus Corp
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 a… Read more
Telus Corp (TU) - Net Assets
Latest net assets as of December 2025: $16.58 Billion USD
Based on the latest financial reports, Telus Corp (TU) has net assets worth $16.58 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($59.61 Billion) and total liabilities ($43.03 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.58 Billion |
| % of Total Assets | 27.81% |
| Annual Growth Rate | 5.05% |
| 5-Year Change | 3.24% |
| 10-Year Change | 108.91% |
| Growth Volatility | 17.33 |
Telus Corp - Net Assets Trend (1998–2025)
This chart illustrates how Telus Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Telus Corp (1998–2025)
The table below shows the annual net assets of Telus Corp from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $16.58 Billion | -1.30% |
| 2024-12-31 | $16.80 Billion | -2.91% |
| 2023-12-31 | $17.30 Billion | -2.02% |
| 2022-12-31 | $17.66 Billion | +9.96% |
| 2021-12-31 | $16.06 Billion | +62.79% |
| 2020-12-31 | $9.86 Billion | +19.96% |
| 2019-12-31 | $8.22 Billion | -20.48% |
| 2018-12-31 | $10.34 Billion | +25.15% |
| 2017-12-31 | $8.26 Billion | +4.12% |
| 2016-12-31 | $7.94 Billion | +3.44% |
| 2015-12-31 | $7.67 Billion | +2.92% |
| 2014-12-31 | $7.45 Billion | -7.00% |
| 2013-12-31 | $8.02 Billion | +4.28% |
| 2012-12-31 | $7.69 Billion | +2.30% |
| 2011-12-31 | $7.51 Billion | -8.39% |
| 2010-12-31 | $8.20 Billion | +3.39% |
| 2009-12-31 | $7.93 Billion | -9.54% |
| 2008-12-31 | $8.77 Billion | +26.13% |
| 2007-12-31 | $6.95 Billion | +0.01% |
| 2006-12-31 | $6.95 Billion | +0.81% |
| 2005-12-31 | $6.90 Billion | -2.03% |
| 2004-12-31 | $7.04 Billion | +5.49% |
| 2003-12-31 | $6.67 Billion | +3.55% |
| 2002-12-31 | $6.44 Billion | -7.77% |
| 2001-12-31 | $6.99 Billion | +7.61% |
| 2000-12-31 | $6.49 Billion | +50.29% |
| 1999-12-31 | $4.32 Billion | -1.45% |
| 1998-12-31 | $4.38 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Telus Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 93.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $98.00 Million | 0.62% |
| Common Stock | $15.78 Billion | 100.00% |
| Total Equity | $15.78 Billion | 100.00% |
Telus Corp Competitors by Market Cap
The table below lists competitors of Telus Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lennar Corporation
NYSE:LEN
|
$20.69 Billion |
|
Montage Technology Co Ltd
SHG:688008
|
$20.69 Billion |
|
FUJIFILM Holdings Corporation
PINK:FUJIF
|
$20.69 Billion |
|
HeidelbergCement AG
PINK:HLBZF
|
$20.74 Billion |
|
Fox Corp Class A
NASDAQ:FOXA
|
$20.61 Billion |
|
Geberit AG
PINK:GBERF
|
$20.60 Billion |
|
Fubon Financial Holding Co Ltd
TW:2881
|
$20.58 Billion |
|
General Mills Inc
NYSE:GIS
|
$20.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telus Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,620,000,000 to 15,775,000,000, a change of 155,000,000 (1.0%).
- Net income of 1,113,000,000 contributed positively to equity growth.
- Dividend payments of 1,628,000,000 reduced retained earnings.
- Share repurchases of 40,000,000 reduced equity.
- Other comprehensive income increased equity by 105,000,000.
- Other factors increased equity by 605,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.11 Billion | +7.06% |
| Dividends Paid | $1.63 Billion | -10.32% |
| Share Repurchases | $40.00 Million | -0.25% |
| Other Comprehensive Income | $105.00 Million | +0.67% |
| Other Changes | $605.00 Million | +3.84% |
| Total Change | $- | 0.99% |
Book Value vs Market Value Analysis
This analysis compares Telus Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.31x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.89x to 1.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $4.66 | $13.44 | x |
| 1999-12-31 | $4.54 | $13.44 | x |
| 2000-12-31 | $6.45 | $13.44 | x |
| 2001-12-31 | $5.94 | $13.44 | x |
| 2002-12-31 | $5.06 | $13.44 | x |
| 2003-12-31 | $4.73 | $13.44 | x |
| 2004-12-31 | $4.91 | $13.44 | x |
| 2005-12-31 | $4.76 | $13.44 | x |
| 2006-12-31 | $4.99 | $13.44 | x |
| 2007-12-31 | $5.18 | $13.44 | x |
| 2008-12-31 | $6.79 | $13.44 | x |
| 2009-12-31 | $6.22 | $13.44 | x |
| 2010-12-31 | $6.37 | $13.44 | x |
| 2011-12-31 | $5.76 | $13.44 | x |
| 2012-12-31 | $5.87 | $13.44 | x |
| 2013-12-31 | $6.23 | $13.44 | x |
| 2014-12-31 | $6.03 | $13.44 | x |
| 2015-12-31 | $6.35 | $13.44 | x |
| 2016-12-31 | $6.68 | $13.44 | x |
| 2017-12-31 | $6.93 | $13.44 | x |
| 2018-12-31 | $8.59 | $13.44 | x |
| 2019-12-31 | $6.76 | $13.44 | x |
| 2020-12-31 | $7.39 | $13.44 | x |
| 2021-12-31 | $11.19 | $13.44 | x |
| 2022-12-31 | $11.81 | $13.44 | x |
| 2023-12-31 | $11.06 | $13.44 | x |
| 2024-12-31 | $10.51 | $13.44 | x |
| 2025-12-31 | $10.28 | $13.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telus Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.43%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 3.78x
- Recent ROE (7.06%) is below the historical average (11.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 1.66% | 1.50% | 0.61x | 1.81x | $-364.99 Million |
| 1999 | 8.12% | 6.07% | 0.74x | 1.81x | $-81.07 Million |
| 2000 | 7.18% | 7.17% | 0.39x | 2.56x | $-180.84 Million |
| 2001 | 6.49% | 6.30% | 0.37x | 2.76x | $-245.19 Million |
| 2002 | -3.56% | -3.27% | 0.38x | 2.83x | $-872.26 Million |
| 2003 | 4.98% | 4.64% | 0.41x | 2.62x | $-334.70 Million |
| 2004 | 8.05% | 7.46% | 0.43x | 2.54x | $-136.76 Million |
| 2005 | 10.19% | 8.60% | 0.50x | 2.36x | $13.30 Million |
| 2006 | 16.20% | 12.93% | 0.53x | 2.38x | $429.69 Million |
| 2007 | 18.16% | 13.86% | 0.53x | 2.45x | $565.28 Million |
| 2008 | 15.71% | 11.69% | 0.50x | 2.67x | $498.73 Million |
| 2009 | 13.21% | 10.39% | 0.50x | 2.54x | $254.03 Million |
| 2010 | 12.64% | 10.57% | 0.50x | 2.40x | $216.10 Million |
| 2011 | 16.23% | 11.72% | 0.52x | 2.65x | $467.70 Million |
| 2012 | 17.15% | 12.15% | 0.53x | 2.66x | $549.40 Million |
| 2013 | 16.14% | 11.41% | 0.53x | 2.69x | $492.50 Million |
| 2014 | 19.12% | 11.95% | 0.51x | 3.11x | $679.60 Million |
| 2015 | 18.01% | 11.12% | 0.47x | 3.44x | $614.80 Million |
| 2016 | 15.45% | 9.61% | 0.46x | 3.50x | $431.30 Million |
| 2017 | 17.76% | 11.06% | 0.45x | 3.59x | $637.90 Million |
| 2018 | 15.60% | 11.35% | 0.43x | 3.22x | $574.10 Million |
| 2019 | 21.46% | 11.97% | 0.50x | 3.60x | $932.58 Million |
| 2020 | 12.77% | 7.87% | 0.45x | 3.59x | $261.95 Million |
| 2021 | 10.95% | 9.83% | 0.35x | 3.17x | $143.40 Million |
| 2022 | 9.75% | 8.83% | 0.34x | 3.26x | $-41.90 Million |
| 2023 | 5.22% | 4.20% | 0.36x | 3.48x | $-770.20 Million |
| 2024 | 6.36% | 4.93% | 0.35x | 3.71x | $-569.00 Million |
| 2025 | 7.06% | 5.43% | 0.34x | 3.78x | $-464.50 Million |
Industry Comparison
This section compares Telus Corp's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telus Corp (TU) | $16.58 Billion | 1.66% | 2.60x | $20.62 Billion |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |