Quebecor Inc (QBR-A) - Net Assets
Based on the latest financial reports, Quebecor Inc (QBR-A) has net assets worth CA$2.74 Billion CAD (≈ $1.98 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 (CA$12.81 Billion ≈ $9.27 Billion USD) and total liabilities (CA$10.08 Billion ≈ $7.29 Billion USD). 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. Check Quebecor Inc (QBR-A) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.74 Billion |
| % of Total Assets | 21.36% |
| Annual Growth Rate | 9.4% |
| 5-Year Change | 98.51% |
| 10-Year Change | 223.06% |
| Growth Volatility | 62.32 |
Quebecor Inc - Net Assets Trend (1985–2025)
This chart illustrates how Quebecor Inc's net assets have evolved over time, based on quarterly financial data. Also explore QBR-A total assets for the complete picture of this company's asset base.
Annual Net Assets for Quebecor Inc (1985–2025)
The table below shows the annual net assets of Quebecor Inc from 1985 to 2025. For live valuation and market cap data, see Quebecor Inc (QBR-A) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$2.74 Billion ≈ $1.98 Billion |
+20.85% |
| 2024-12-31 | CA$2.26 Billion ≈ $1.64 Billion |
+23.24% |
| 2023-12-31 | CA$1.84 Billion ≈ $1.33 Billion |
+23.88% |
| 2022-12-31 | CA$1.48 Billion ≈ $1.07 Billion |
+7.59% |
| 2021-12-31 | CA$1.38 Billion ≈ $997.40 Million |
+13.57% |
| 2020-12-31 | CA$1.21 Billion ≈ $878.26 Million |
+13.25% |
| 2019-12-31 | CA$1.07 Billion ≈ $775.54 Million |
+85.52% |
| 2018-12-31 | CA$577.90 Million ≈ $418.04 Million |
-52.09% |
| 2017-12-31 | CA$1.21 Billion ≈ $872.47 Million |
+42.36% |
| 2016-12-31 | CA$847.20 Million ≈ $612.85 Million |
+29.94% |
| 2015-12-31 | CA$652.00 Million ≈ $471.65 Million |
-38.68% |
| 2014-12-31 | CA$1.06 Billion ≈ $769.17 Million |
-39.25% |
| 2013-12-31 | CA$1.75 Billion ≈ $1.27 Billion |
-9.90% |
| 2012-12-31 | CA$1.94 Billion ≈ $1.41 Billion |
-32.32% |
| 2011-12-31 | CA$2.87 Billion ≈ $2.08 Billion |
+1.00% |
| 2010-12-31 | CA$2.84 Billion ≈ $2.06 Billion |
+19.06% |
| 2009-12-31 | CA$2.39 Billion ≈ $1.73 Billion |
+27.61% |
| 2008-12-31 | CA$1.87 Billion ≈ $1.35 Billion |
-6.49% |
| 2007-12-31 | CA$2.00 Billion ≈ $1.45 Billion |
-52.06% |
| 2006-12-31 | CA$4.17 Billion ≈ $3.02 Billion |
-9.07% |
| 2005-12-31 | CA$4.59 Billion ≈ $3.32 Billion |
-8.15% |
| 2004-12-31 | CA$5.00 Billion ≈ $3.61 Billion |
-0.80% |
| 2003-12-31 | CA$5.04 Billion ≈ $3.64 Billion |
-9.90% |
| 2002-12-31 | CA$5.59 Billion ≈ $4.04 Billion |
-24.26% |
| 2001-12-31 | CA$7.38 Billion ≈ $5.34 Billion |
-0.18% |
| 2000-12-31 | CA$7.39 Billion ≈ $5.35 Billion |
+37.31% |
| 1999-12-31 | CA$5.39 Billion ≈ $3.90 Billion |
+33.56% |
| 1998-12-31 | CA$4.03 Billion ≈ $2.92 Billion |
+16.58% |
| 1997-12-31 | CA$3.46 Billion ≈ $2.50 Billion |
+22.47% |
| 1996-12-31 | CA$2.82 Billion ≈ $2.04 Billion |
+19.38% |
| 1995-12-31 | CA$2.37 Billion ≈ $1.71 Billion |
+34.33% |
| 1994-12-31 | CA$1.76 Billion ≈ $1.27 Billion |
+20.71% |
| 1993-12-31 | CA$1.46 Billion ≈ $1.06 Billion |
+22.08% |
| 1992-12-31 | CA$1.20 Billion ≈ $864.51 Million |
+45.24% |
| 1991-12-31 | CA$822.81 Million ≈ $595.21 Million |
-12.80% |
| 1990-12-31 | CA$943.58 Million ≈ $682.57 Million |
+16.39% |
| 1989-12-31 | CA$810.70 Million ≈ $586.45 Million |
+363.88% |
| 1988-12-31 | CA$174.77 Million ≈ $126.42 Million |
+17.08% |
| 1987-12-31 | CA$149.27 Million ≈ $107.98 Million |
+66.34% |
| 1986-12-31 | CA$89.73 Million ≈ $64.91 Million |
+19.37% |
| 1985-12-31 | CA$75.17 Million ≈ $54.38 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Quebecor Inc'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 grown by 2370.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.50 Billion | 56.98% |
| Common Stock | CA$1.01 Billion | 38.58% |
| Other Comprehensive Income | CA$97.00 Million | 3.70% |
| Other Components | CA$19.60 Million | 0.75% |
| Total Equity | CA$2.62 Billion | 100.00% |
Quebecor Inc Competitors by Market Cap
The table below lists competitors of Quebecor Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Black Stone Minerals LP
NYSE:BSM
|
$2.98 Billion |
|
Shanghai DZH Ltd
SHG:601519
|
$2.98 Billion |
|
Xiamen Bank Co Ltd
SHG:601187
|
$2.98 Billion |
|
Petrosea Tbk
JK:PTRO
|
$2.98 Billion |
|
Sh Belling
SHG:600171
|
$2.98 Billion |
|
Pt Pradiksi Gunatama Tbk
JK:PGUN
|
$2.98 Billion |
|
AIMA Technology Group Co Ltd
SHG:603529
|
$2.97 Billion |
|
GRINM Semiconductor Materials Co. Ltd. A
SHG:688432
|
$2.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quebecor Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,157,200,000 to 2,625,000,000, a change of 467,800,000 (21.7%).
- Net income of 856,000,000 contributed positively to equity growth.
- Dividend payments of 321,600,000 reduced retained earnings.
- Share repurchases of 217,800,000 reduced equity.
- Other comprehensive income increased equity by 142,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$856.00 Million | +32.61% |
| Dividends Paid | CA$321.60 Million | -12.25% |
| Share Repurchases | CA$217.80 Million | -8.3% |
| Other Comprehensive Income | CA$142.00 Million | +5.41% |
| Other Changes | CA$9.20 Million | +0.35% |
| Total Change | CA$- | 21.69% |
Book Value vs Market Value Analysis
This analysis compares Quebecor Inc'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: 4.86x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 204.86x to 4.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | CA$0.27 | CA$55.00 | x |
| 1986-12-31 | CA$0.32 | CA$55.00 | x |
| 1987-12-31 | CA$0.53 | CA$55.00 | x |
| 1988-12-31 | CA$0.62 | CA$55.00 | x |
| 1989-12-31 | CA$1.06 | CA$55.00 | x |
| 1990-12-31 | CA$1.32 | CA$55.00 | x |
| 1991-12-31 | CA$1.62 | CA$55.00 | x |
| 1992-12-31 | CA$2.51 | CA$55.00 | x |
| 1993-12-31 | CA$2.74 | CA$55.00 | x |
| 1994-12-31 | CA$3.06 | CA$55.00 | x |
| 1995-12-31 | CA$3.71 | CA$55.00 | x |
| 1996-12-31 | CA$4.15 | CA$55.00 | x |
| 1997-12-31 | CA$4.66 | CA$55.00 | x |
| 1998-12-31 | CA$5.44 | CA$55.00 | x |
| 1999-12-31 | CA$6.65 | CA$55.00 | x |
| 2000-12-31 | CA$10.77 | CA$55.00 | x |
| 2001-12-31 | CA$9.95 | CA$55.00 | x |
| 2002-12-31 | CA$5.72 | CA$55.00 | x |
| 2003-12-31 | CA$5.35 | CA$55.00 | x |
| 2004-12-31 | CA$5.58 | CA$55.00 | x |
| 2005-12-31 | CA$5.62 | CA$55.00 | x |
| 2006-12-31 | CA$5.09 | CA$55.00 | x |
| 2007-12-31 | CA$1.70 | CA$55.00 | x |
| 2008-12-31 | CA$3.44 | CA$55.00 | x |
| 2009-12-31 | CA$4.52 | CA$55.00 | x |
| 2010-12-31 | CA$5.43 | CA$55.00 | x |
| 2011-12-31 | CA$5.54 | CA$55.00 | x |
| 2012-12-31 | CA$4.96 | CA$55.00 | x |
| 2013-12-31 | CA$4.66 | CA$55.00 | x |
| 2014-12-31 | CA$2.05 | CA$55.00 | x |
| 2015-12-31 | CA$1.04 | CA$55.00 | x |
| 2016-12-31 | CA$1.85 | CA$55.00 | x |
| 2017-12-31 | CA$2.90 | CA$55.00 | x |
| 2018-12-31 | CA$2.04 | CA$55.00 | x |
| 2019-12-31 | CA$3.82 | CA$55.00 | x |
| 2020-12-31 | CA$4.34 | CA$55.00 | x |
| 2021-12-31 | CA$5.06 | CA$55.00 | x |
| 2022-12-31 | CA$5.77 | CA$55.00 | x |
| 2023-12-31 | CA$7.31 | CA$55.00 | x |
| 2024-12-31 | CA$9.29 | CA$55.00 | x |
| 2025-12-31 | CA$11.31 | CA$55.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quebecor Inc 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): 32.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.08%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 4.88x
- Recent ROE (32.61%) is above the historical average (16.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 17.45% | 3.86% | 1.65x | 2.75x | CA$5.60 Million |
| 1986 | 18.11% | 3.64% | 1.77x | 2.82x | CA$7.28 Million |
| 1987 | 15.51% | 3.40% | 0.50x | 9.12x | CA$8.23 Million |
| 1988 | 18.80% | 2.56% | 0.89x | 8.25x | CA$15.38 Million |
| 1989 | 6.82% | 1.06% | 1.04x | 6.21x | CA$-8.64 Million |
| 1990 | 22.90% | 3.20% | 0.89x | 8.01x | CA$43.93 Million |
| 1991 | 4.45% | 0.78% | 0.90x | 6.34x | CA$-23.10 Million |
| 1992 | 13.57% | 3.44% | 0.97x | 4.08x | CA$23.10 Million |
| 1993 | 10.05% | 2.42% | 1.03x | 4.02x | CA$370.00K |
| 1994 | 10.70% | 2.23% | 0.95x | 5.04x | CA$5.76 Million |
| 1995 | 19.06% | 3.36% | 1.02x | 5.54x | CA$88.75 Million |
| 1996 | 13.45% | 2.35% | 0.90x | 6.38x | CA$37.65 Million |
| 1997 | 11.71% | 2.04% | 0.89x | 6.44x | CA$20.89 Million |
| 1998 | 12.12% | 2.05% | 0.86x | 6.91x | CA$30.25 Million |
| 1999 | 27.86% | 4.44% | 0.73x | 8.59x | CA$308.35 Million |
| 2000 | 38.84% | 9.94% | 0.62x | 6.30x | CA$805.18 Million |
| 2001 | -9.40% | -2.08% | 0.60x | 7.59x | CA$-498.85 Million |
| 2002 | 6.21% | 0.76% | 0.70x | 11.58x | CA$-55.98 Million |
| 2003 | 4.79% | 0.59% | 0.74x | 10.91x | CA$-72.09 Million |
| 2004 | 7.77% | 1.02% | 0.76x | 9.98x | CA$-32.16 Million |
| 2005 | 8.15% | 1.16% | 0.75x | 9.42x | CA$-26.87 Million |
| 2006 | -7.18% | -0.96% | 0.72x | 10.40x | CA$-224.77 Million |
| 2007 | -214.40% | -9.98% | 0.80x | 26.87x | CA$-980.39 Million |
| 2008 | 21.16% | 5.02% | 0.46x | 9.11x | CA$98.80 Million |
| 2009 | 23.73% | 7.34% | 0.45x | 7.14x | CA$160.66 Million |
| 2010 | 16.30% | 5.75% | 0.45x | 6.23x | CA$88.92 Million |
| 2011 | 14.09% | 4.78% | 0.47x | 6.34x | CA$58.38 Million |
| 2012 | 12.78% | 3.85% | 0.48x | 6.87x | CA$36.52 Million |
| 2013 | -11.60% | -3.13% | 0.47x | 7.81x | CA$-249.35 Million |
| 2014 | -5.97% | -0.81% | 0.41x | 18.01x | CA$-80.50 Million |
| 2015 | 50.79% | 3.91% | 0.42x | 31.03x | CA$121.91 Million |
| 2016 | 42.77% | 4.85% | 0.43x | 20.35x | CA$149.18 Million |
| 2017 | 52.57% | 8.97% | 0.43x | 13.77x | CA$299.38 Million |
| 2018 | 82.07% | 9.60% | 0.44x | 19.48x | CA$352.58 Million |
| 2019 | 66.78% | 15.20% | 0.44x | 9.95x | CA$555.05 Million |
| 2020 | 54.57% | 14.06% | 0.44x | 8.86x | CA$495.94 Million |
| 2021 | 46.07% | 12.70% | 0.42x | 8.57x | CA$452.84 Million |
| 2022 | 44.18% | 13.23% | 0.43x | 7.83x | CA$463.97 Million |
| 2023 | 37.67% | 11.97% | 0.43x | 7.38x | CA$477.81 Million |
| 2024 | 34.65% | 13.26% | 0.43x | 6.03x | CA$531.78 Million |
| 2025 | 32.61% | 15.08% | 0.44x | 4.88x | CA$593.50 Million |
Industry Comparison
This section compares Quebecor Inc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $2,757,564,103
- Average return on equity (ROE) among peers: -59.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quebecor Inc (QBR-A) | CA$2.74 Billion | 17.45% | 3.68x | $2.98 Billion |
| Adya Inc (ADYA) | $1.29 Million | 6.91% | 1.11x | $6.32 Million |
| BCE Inc (BCE) | $8.37 Billion | 12.24% | 1.83x | $21.96 Billion |
| Cogeco Communications Inc (CCA) | $1.60 Billion | 18.71% | 2.34x | $1.38 Billion |
| Cogeco Inc. (CGO) | $737.89 Million | 9.40% | 1.49x | $362.22 Million |
| Quebecor Inc (QBR-B) | $5.04 Billion | 1.32% | 2.00x | $6.36 Billion |
| Rogers Communications Inc (RCI-A) | $4.67 Billion | 35.75% | 4.05x | $4.03 Billion |
| Rogers Communications Inc (RCI-B) | $45.50 Million | -611.75% | 131.19x | $15.36 Billion |
| Telus Corp (T) | $4.32 Billion | 8.09% | 0.81x | $19.28 Billion |
| TeraGo Inc. (TGO) | $41.92 Million | -17.40% | 1.10x | $25.39 Million |
About Quebecor Inc
Quebecor Inc., together with its subsidiaries, engages in the telecommunications, media, and sports and entertainment businesses in Canada. The company offers internet access, television distribution, mobile and wireline telephony, business solutions, and over-the-top video services. It is also involved in the provision of an over-the-air television network and specialty television services; soun… Read more