Rogers Communications (FRA:RCIB) Debt-to-EBITDA : 9.18 (As of Jun. 2026) — 138% Above Median

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FRA:RCIB Rogers Communications Inc FRA:RCIB
82 GF Score
Price €29.90
GF Value €35.92
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Rogers Communications Debt-to-EBITDA?

Rogers Communications FRA:RCIB -1.61% 82 Debt-to-EBITDA is 9.18 as of Jun. 2026, which is 138% above its 10-year median of 3.85. GuruFocus rates FRA:RCIB with a GF Score™ of 82/100 and a GF Value™ of €35.92 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 302 Telecommunication Services companies, Rogers Communications ranks worse than 65.23% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Rogers Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €4,837 Mil. Rogers Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €23,427 Mil. Rogers Communications's annualized EBITDA for the quarter that ended in Jun. 2026 was €3,080 Mil. Rogers Communications's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 9.18.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Rogers Communications's Debt-to-EBITDA or its related term are showing as below:

FRA:RCIB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.86   Med: 3.85   Max: 5.94
Current: 3

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rogers Communications was 5.94. The lowest was 2.86. And the median was 3.85.

FRA:RCIB's Debt-to-EBITDA is ranked worse than
65.23% of 302 companies
in the Telecommunication Services industry
Industry Median: 2 vs FRA:RCIB: 3.00

Rogers Communications  (FRA:RCIB) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Rogers Communications Debt-to-EBITDA Related Terms


Rogers Communications Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Rogers Communications's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rogers Communications Debt-to-EBITDA Chart

Rogers Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.08 5.80 5.94 5.23 3.03

Rogers Communications Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.53 1.45 4.16 4.58 9.18

FRA:RCIB vs TMUS, VZ, T: Debt-to-EBITDA Comparison

For the Telecom Services subindustry, Rogers Communications's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rogers Communications Debt-to-EBITDA vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Rogers Communications's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Rogers Communications's Debt-to-EBITDA falls into.


FRA:RCIB
82GF Score
Rogers Communications Inc FRA:RCIB
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rogers Communications Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Rogers Communications's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3637.625 + 23710.185) / 9029.061
=3.03

Rogers Communications's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4836.654 + 23427.465) / 3080.12
=9.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 9.18 mean?
Rogers Communications (FRA:RCIB) has a Debt-to-EBITDA of 9.18 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Rogers Communications. This is 138% above median its historical median of 3.85. Over the past decade, Rogers Communications' Debt-to-EBITDA has ranged from 2.86 to 5.94. According to the industry distribution chart, Rogers Communications ranks #197 out of 302 companies in the Telecommunication Services industry, placing it in the top 65.2%.
Is Rogers Communications' Debt-to-EBITDA too high?
Rogers Communications' current Debt-to-EBITDA of 9.18 is 138% above median its 10-year median of 3.85. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 5.94. The Telecommunication Services industry median Debt-to-EBITDA is 2.00. Rogers Communications' value of 9.18 is 359% above this industry median. Based on the distribution chart, Rogers Communications ranks #197 out of 302 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Rogers Communications has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rogers Communications' Debt-to-EBITDA compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Rogers Communications ranks #197 out of 302 companies for Debt-to-EBITDA. This places Rogers Communications in the lower half of its industry. The industry median Debt-to-EBITDA is 2.00. Rogers Communications' value of 9.18 is 359% above this benchmark. Historically, Rogers Communications' own Debt-to-EBITDA has ranged from 2.86 to 5.94 over the past decade. While the company's 10-year median is 3.85 vs. the industry median of 2.00, Rogers Communications has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Telecommunication Services company?
The median Debt-to-EBITDA among Telecommunication Services companies is 2.00, based on 302 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rogers Communications's current Debt-to-EBITDA of 9.18 is 359% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Rogers Communications. For the Telecommunication Services industry, the median Debt-to-EBITDA is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rogers Communications's current Debt-to-EBITDA is 9.18, which is 138% above median its own 10-year median of 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rogers Communications stock overvalued right now?
Based on GuruFocus' analysis, Rogers Communications (FRA:RCIB) is currently considered Modestly Undervalued. The stock's GF Value™ is €35.92, compared to a current price of €29.90 — trading 16.8% below its estimated fair value. The current Debt-to-EBITDA is 9.18, which is 138% above median its 10-year median of 3.85 and 359% above the Telecommunication Services industry median of 2.00. Rogers Communications' overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Rogers Communications (FRA:RCIB), the current Debt-to-EBITDA is 9.18 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rogers Communications (FRA:RCIB) Overvalued in 2026?

Based on GuruFocus' analysis, Rogers Communications stock appears to be undervalued. The current stock price of €29.90 is trading 16.8% below its estimated GF Value™ of €35.92. GuruFocus considers Rogers Communications to be Modestly Undervalued.

Key valuation signals for FRA:RCIB:

  • Debt-to-EBITDA: 9.18 (138% above median its 10-year median of 3.85)
  • GF Value™: €35.92 vs. price of €29.90 (16.8% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 359% above the Telecommunication Services median (#197 of 302)

No single metric tells the full story. See the FRA:RCIB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rogers Communications Business Description

Address 333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9
Rogers Communications is the largest wireless service provider in Canada with more than 11 million subscribers, equating to one-third of the total Canadian market. Rogers' wireless business accounts for more than half of total revenue and has been growing at a higher rate than other segments. The cable segment, which provides about 38% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and major Toronto sports franchises, including the Blue Jays, Maple Leafs, Raptors, Toronto FC, and Argonauts.
82GF Score

Get the complete analysis for FRA:RCIB

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€29.90
Price
€35.92
GF Value