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Rogers CommunicationsFRA:RCIB -0.23%81 Debt-to-Equity is 2.76 as of Jun. 2026, which is 6% above its 10-year median of 2.61. GuruFocus rates FRA:RCIB with a GF Score™ of 81/100 and a GF Value™ of €34.24 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 324 Telecommunication Services companies, Rogers Communications ranks worse than 91.05% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Rogers Communications's Debt-to-Equity or its related term are showing as below:
FRA:RCIB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.94 Med: 2.61 Max: 4.64
Current: 2.76
During the past 13 years, the highest Debt-to-Equity Ratio of Rogers Communications was 4.64. The lowest was 1.94. And the median was 2.61.
FRA:RCIB's Debt-to-Equity is ranked worse than 91.05% of 324
companies
in the Telecommunication Services industry
Industry Median: 0.615
vs FRA:RCIB: 2.76
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Rogers Communications Debt-to-Equity Related Terms
Rogers Communications Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Rogers Communications's Debt-to-Equity 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.
FRA:RCIB vs VZ, TMUS, T: Debt-to-Equity Comparison
For the Telecom Services subindustry, Rogers Communications's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Rogers Communications's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Rogers Communications's Debt-to-Equity falls into.
* 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 (FRA:RCIB) has a Debt-to-Equity of 2.76 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Rogers Communications and its competitors. This is near median its historical median of 2.61. Over the past decade, Rogers Communications' Debt-to-Equity has ranged from 1.94 to 4.64. According to the industry distribution chart, Rogers Communications ranks #295 out of 324 companies in the Telecommunication Services industry, placing it in the top 91%.
Is Rogers Communications' Debt-to-Equity too high?
Rogers Communications' current Debt-to-Equity of 2.76 is near median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 4.64. The Telecommunication Services industry median Debt-to-Equity is 0.62. Rogers Communications' value of 2.76 is 348.8% above this industry median. Based on the distribution chart, Rogers Communications ranks #295 out of 324 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Rogers Communications has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rogers Communications' Debt-to-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Rogers Communications ranks #295 out of 324 companies for Debt-to-Equity. This places Rogers Communications in the lower half of its industry. The industry median Debt-to-Equity is 0.62. Rogers Communications' value of 2.76 is 348.8% above this benchmark. Historically, Rogers Communications' own Debt-to-Equity has ranged from 1.94 to 4.64 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 0.62, 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-Equity for a Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.62, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rogers Communications's current Debt-to-Equity of 2.76 is 348.8% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Rogers Communications and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rogers Communications's current Debt-to-Equity is 2.76, which is near median its own 10-year median of 2.61. 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 €34.24, compared to a current price of €30.28 — trading 11.6% below its estimated fair value. The current Debt-to-Equity is 2.76, which is near median its 10-year median of 2.61 and 348.8% above the Telecommunication Services industry median of 0.62. Rogers Communications' overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Rogers Communications (FRA:RCIB), the current Debt-to-Equity is 2.76 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 €30.28 is trading 11.6% below its estimated GF Value™ of €34.24.
GuruFocus considers Rogers Communications to be Modestly Undervalued.
Key valuation signals for FRA:RCIB:
Debt-to-Equity: 2.76 (near median its 10-year median of 2.61)
GF Value™: €34.24 vs. price of €30.28 (11.6% below fair value)
Industry Position: 348.8% above the Telecommunication Services median (#295 of 324)
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 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.
81GF Score
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