Rogers Communications Inc (RCI-A) - Net Assets
Based on the latest financial reports, Rogers Communications Inc (RCI-A) has net assets worth CA$24.29 Billion CAD (≈ $17.57 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$90.01 Billion ≈ $65.11 Billion USD) and total liabilities (CA$65.73 Billion ≈ $47.55 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$24.29 Billion |
| % of Total Assets | 26.98% |
| Annual Growth Rate | 11.56% |
| 5-Year Change | 130.59% |
| 10-Year Change | 360.92% |
| Growth Volatility | 230.11 |
Rogers Communications Inc - Net Assets Trend (1994–2025)
This chart illustrates how Rogers Communications Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rogers Communications Inc (1994–2025)
The table below shows the annual net assets of Rogers Communications Inc from 1994 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$24.29 Billion ≈ $17.57 Billion |
+133.45% |
| 2024-12-31 | CA$10.40 Billion ≈ $7.53 Billion |
-0.35% |
| 2023-12-31 | CA$10.44 Billion ≈ $7.55 Billion |
+3.45% |
| 2022-12-31 | CA$10.09 Billion ≈ $7.30 Billion |
-4.18% |
| 2021-12-31 | CA$10.53 Billion ≈ $7.62 Billion |
+10.02% |
| 2020-12-31 | CA$9.57 Billion ≈ $6.92 Billion |
+1.67% |
| 2019-12-31 | CA$9.42 Billion ≈ $6.81 Billion |
+15.12% |
| 2018-12-31 | CA$8.18 Billion ≈ $5.92 Billion |
+28.86% |
| 2017-12-31 | CA$6.35 Billion ≈ $4.59 Billion |
+20.46% |
| 2016-12-31 | CA$5.27 Billion ≈ $3.81 Billion |
-8.29% |
| 2015-12-31 | CA$5.75 Billion ≈ $4.16 Billion |
+4.82% |
| 2014-12-31 | CA$5.48 Billion ≈ $3.96 Billion |
+17.39% |
| 2013-12-31 | CA$4.67 Billion ≈ $3.38 Billion |
+23.91% |
| 2012-12-31 | CA$3.77 Billion ≈ $2.73 Billion |
+5.49% |
| 2011-12-31 | CA$3.57 Billion ≈ $2.58 Billion |
-9.78% |
| 2010-12-31 | CA$3.96 Billion ≈ $2.86 Billion |
-7.35% |
| 2009-12-31 | CA$4.27 Billion ≈ $3.09 Billion |
-9.60% |
| 2008-12-31 | CA$4.73 Billion ≈ $3.42 Billion |
+2.23% |
| 2007-12-31 | CA$4.62 Billion ≈ $3.34 Billion |
+10.10% |
| 2006-12-31 | CA$4.20 Billion ≈ $3.04 Billion |
+19.06% |
| 2005-12-31 | CA$3.53 Billion ≈ $2.55 Billion |
+22.66% |
| 2004-12-31 | CA$2.88 Billion ≈ $2.08 Billion |
+46.68% |
| 2003-12-31 | CA$1.96 Billion ≈ $1.42 Billion |
+27.60% |
| 2002-12-31 | CA$1.54 Billion ≈ $1.11 Billion |
-41.82% |
| 2001-12-31 | CA$2.64 Billion ≈ $1.91 Billion |
+4.36% |
| 2000-12-31 | CA$2.53 Billion ≈ $1.83 Billion |
+55.48% |
| 1999-12-31 | CA$1.63 Billion ≈ $1.18 Billion |
+4023.25% |
| 1998-12-31 | CA$-41.49 Million ≈ $-30.01 Million |
+91.98% |
| 1997-12-31 | CA$-517.37 Million ≈ $-374.26 Million |
-1237.12% |
| 1996-12-31 | CA$45.50 Million ≈ $32.91 Million |
-86.67% |
| 1995-12-31 | CA$341.29 Million ≈ $246.88 Million |
-58.30% |
| 1994-12-31 | CA$818.49 Million ≈ $592.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Rogers Communications 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 1680223201000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$16.53 Billion | 68.06% |
| Other Components | CA$7.76 Billion | 31.94% |
| Total Equity | CA$24.29 Billion | 100.00% |
Rogers Communications Inc Competitors by Market Cap
The table below lists competitors of Rogers Communications Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JUST EAT TAKEAW. SP.ADR
F:T5WA
|
$4.01 Billion |
|
RAMSAY HLTH.CARE ADR/025
F:RMY0
|
$4.01 Billion |
|
Paladin Energy Ltd
AU:PDN
|
$4.01 Billion |
|
Fluidra
MC:FDR
|
$4.01 Billion |
|
Perseus Mining Limited
F:P4Q
|
$4.01 Billion |
|
HOSHIZAKIL UNSP.ADR/025
F:HS00
|
$4.00 Billion |
|
Adata Technology Co Ltd
TWO:3260
|
$4.00 Billion |
|
CJ Corp
KO:001040
|
$4.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rogers Communications Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,403,000,000 to 24,286,000,000, a change of 13,883,000,000 (133.5%).
- Net income of 6,894,000,000 contributed positively to equity growth.
- Dividend payments of 1,046,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,548,000,000.
- Other factors increased equity by 5,487,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$6.89 Billion | +28.39% |
| Dividends Paid | CA$1.05 Billion | -4.31% |
| Other Comprehensive Income | CA$2.55 Billion | +10.49% |
| Other Changes | CA$5.49 Billion | +22.59% |
| Total Change | CA$- | 133.45% |
Book Value vs Market Value Analysis
This analysis compares Rogers Communications 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: 1.11x
- 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 19.63x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CA$2.54 | CA$49.82 | x |
| 1995-12-31 | CA$0.85 | CA$49.82 | x |
| 1996-12-31 | CA$0.14 | CA$49.82 | x |
| 1997-12-31 | CA$-1.45 | CA$49.82 | x |
| 1998-12-31 | CA$-0.10 | CA$49.82 | x |
| 1999-12-31 | CA$3.19 | CA$49.82 | x |
| 2000-12-31 | CA$5.16 | CA$49.82 | x |
| 2001-12-31 | CA$6.00 | CA$49.82 | x |
| 2002-12-31 | CA$2.82 | CA$49.82 | x |
| 2003-12-31 | CA$3.79 | CA$49.82 | x |
| 2004-12-31 | CA$6.03 | CA$49.82 | x |
| 2005-12-31 | CA$6.11 | CA$49.82 | x |
| 2006-12-31 | CA$6.54 | CA$49.82 | x |
| 2007-12-31 | CA$7.20 | CA$49.82 | x |
| 2008-12-31 | CA$7.41 | CA$49.82 | x |
| 2009-12-31 | CA$6.88 | CA$49.82 | x |
| 2010-12-31 | CA$6.83 | CA$49.82 | x |
| 2011-12-31 | CA$6.53 | CA$49.82 | x |
| 2012-12-31 | CA$7.22 | CA$49.82 | x |
| 2013-12-31 | CA$9.01 | CA$49.82 | x |
| 2014-12-31 | CA$10.60 | CA$49.82 | x |
| 2015-12-31 | CA$11.11 | CA$49.82 | x |
| 2016-12-31 | CA$10.23 | CA$49.82 | x |
| 2017-12-31 | CA$12.32 | CA$49.82 | x |
| 2018-12-31 | CA$15.88 | CA$49.82 | x |
| 2019-12-31 | CA$18.35 | CA$49.82 | x |
| 2020-12-31 | CA$18.92 | CA$49.82 | x |
| 2021-12-31 | CA$20.81 | CA$49.82 | x |
| 2022-12-31 | CA$19.94 | CA$49.82 | x |
| 2023-12-31 | CA$19.92 | CA$49.82 | x |
| 2024-12-31 | CA$19.41 | CA$49.82 | x |
| 2025-12-31 | CA$44.81 | CA$49.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rogers Communications Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 28.39%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.75%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 3.71x
- Recent ROE (28.39%) is above the historical average (-5.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | -22.38% | -7.47% | 0.37x | 8.16x | CA$-243.12 Million |
| 1995 | -104.95% | -10.52% | 0.47x | 21.44x | CA$-310.34 Million |
| 1996 | -611.75% | -11.21% | 0.41x | 132.19x | CA$-282.88 Million |
| 1997 | 0.00% | -20.01% | 0.44x | 0.00x | CA$-487.65 Million |
| 1998 | 0.00% | 22.36% | 0.44x | 0.00x | CA$638.98 Million |
| 1999 | 56.85% | 27.04% | 0.49x | 4.31x | CA$692.59 Million |
| 2000 | 5.85% | 4.04% | 0.45x | 3.26x | CA$-100.18 Million |
| 2001 | -17.97% | -11.10% | 0.44x | 3.71x | CA$-675.91 Million |
| 2002 | 22.22% | 7.22% | 0.51x | 6.07x | CA$171.63 Million |
| 2003 | 7.31% | 2.67% | 0.57x | 4.79x | CA$-47.54 Million |
| 2004 | -0.46% | -0.24% | 0.42x | 4.61x | CA$-300.82 Million |
| 2005 | -1.27% | -0.60% | 0.54x | 3.92x | CA$-397.42 Million |
| 2006 | 14.81% | 7.04% | 0.63x | 3.36x | CA$202.00 Million |
| 2007 | 13.77% | 6.29% | 0.66x | 3.31x | CA$174.20 Million |
| 2008 | 21.20% | 8.84% | 0.66x | 3.62x | CA$529.30 Million |
| 2009 | 34.59% | 12.60% | 0.69x | 3.98x | CA$1.05 Billion |
| 2010 | 38.60% | 12.54% | 0.70x | 4.38x | CA$1.13 Billion |
| 2011 | 43.76% | 12.58% | 0.68x | 5.14x | CA$1.21 Billion |
| 2012 | 45.12% | 13.62% | 0.64x | 5.21x | CA$1.32 Billion |
| 2013 | 35.75% | 13.14% | 0.54x | 5.05x | CA$1.20 Billion |
| 2014 | 24.47% | 10.44% | 0.48x | 4.84x | CA$792.90 Million |
| 2015 | 24.04% | 10.30% | 0.46x | 5.08x | CA$806.50 Million |
| 2016 | 15.85% | 6.09% | 0.48x | 5.38x | CA$308.10 Million |
| 2017 | 26.96% | 12.10% | 0.49x | 4.55x | CA$1.08 Billion |
| 2018 | 25.17% | 13.64% | 0.47x | 3.90x | CA$1.24 Billion |
| 2019 | 21.70% | 13.55% | 0.41x | 3.93x | CA$1.10 Billion |
| 2020 | 16.63% | 11.44% | 0.36x | 4.06x | CA$634.70 Million |
| 2021 | 14.79% | 10.63% | 0.35x | 3.98x | CA$504.80 Million |
| 2022 | 16.65% | 10.91% | 0.28x | 5.51x | CA$670.80 Million |
| 2023 | 8.13% | 4.40% | 0.28x | 6.64x | CA$-195.00 Million |
| 2024 | 16.67% | 8.42% | 0.29x | 6.86x | CA$693.70 Million |
| 2025 | 28.39% | 31.75% | 0.24x | 3.71x | CA$4.47 Billion |
Industry Comparison
This section compares Rogers Communications Inc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $4,474,639,833
- Average return on equity (ROE) among peers: 14.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rogers Communications Inc (RCI-A) | CA$24.29 Billion | -22.38% | 2.71x | $4.01 Billion |
| Adya Inc (ADYA) | $1.29 Million | 6.91% | 1.11x | $6.32 Million |
| BCE Inc (BCE) | $18.34 Billion | 22.13% | 1.06x | $22.01 Billion |
| Cogeco Communications Inc (CCA) | $1.76 Billion | 14.65% | 2.42x | $1.35 Billion |
| Cogeco Inc. (CGO) | $307.50 Million | 6.57% | 2.49x | $354.54 Million |
| Quebecor Inc (QBR-A) | $1.20 Billion | 7.34% | 1.21x | $2.98 Billion |
| Quebecor Inc (QBR-B) | $1.38 Billion | 41.95% | 6.81x | $6.28 Billion |
| Rogers Communications Inc (RCI-B) | $4.62 Billion | 13.77% | 2.31x | $15.29 Billion |
| Telus Corp (T) | $12.63 Billion | 9.56% | 2.43x | $19.02 Billion |
| TeraGo Inc. (TGO) | $43.53 Million | 9.90% | 0.62x | $26.24 Million |
About Rogers Communications Inc
Rogers Communications Inc. operates as a communications, sports, and entertainment company in Canada. It operates through Wireless, Cable, and Media segments. The company offers mobile internet access, wireless voice and enhanced voice, device financing, device protection, global voice and data roaming, wireless home phone, bridging landline, machine-to-machine and Internet of Things solutions, a… Read more