Rogers Communications Debt-to-Equity Ratio Growth & History (RCI)
Rogers Communications's debt-to-equity ratio was 2.42 for fiscal 2025.
View full Rogers Communications company overviewRogers Communications annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.42 | −1.80 | −42.66% |
| 2024 | 2024-12-31 | 4.22 | −0.00 | −0.01% |
| 2023 | 2023-12-31 | 4.22 | 0.77 | +22.20% |
| 2022 | 2022-12-31 | 3.46 | 1.48 | +74.77% |
| 2021 | 2021-12-31 | 1.98 | −0.13 | −6.31% |
| 2020 | 2020-12-31 | 2.11 | −0.01 | −0.27% |
| 2019 | 2019-12-31 | 2.12 | 0.01 | +0.43% |
| 2018 | 2018-12-31 | 2.11 | 0.20 | +10.60% |
| 2017 | 2017-12-31 | 1.91 | −0.66 | −25.76% |
| 2016 | 2016-12-31 | 2.57 | — | — |
Rogers Communications quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.76 | −1.29 | −31.81% |
| Q1 2026 | 2026-03-31 | 2.49 | — | — |
| Q4 2025 | 2025-12-31 | 2.42 | −1.80 | −42.66% |
| Q3 2025 | 2025-09-30 | 2.65 | — | — |
| Q2 2025 | 2025-06-30 | 4.05 | — | — |
| Q4 2024 | 2024-12-31 | 4.22 | −0.00 | −0.01% |
| Q4 2023 | 2023-12-31 | 4.22 | 0.77 | +22.20% |
| Q4 2022 | 2022-12-31 | 3.46 | 1.48 | +74.77% |
| Q4 2021 | 2021-12-31 | 1.98 | −0.13 | −6.31% |
| Q4 2020 | 2020-12-31 | 2.11 | −0.01 | −0.27% |
| Q4 2019 | 2019-12-31 | 2.12 | 0.01 | +0.43% |
| Q4 2018 | 2018-12-31 | 2.11 | 0.20 | +10.60% |
| Q4 2017 | 2017-12-31 | 1.91 | — | — |
Rogers Communications debt-to-equity ratio trends
Over the last five fiscal years, Rogers Communications's debt-to-equity ratio increased from 2.11 to 2.42, a change of 0.31. The latest reported quarter, Q2 2026, shows 2.76.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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