Rogers CommunicationsSTU:RCIB -2.59%87 Operating Margin % is 20.85% as of Mar. 2026, which is 11% below its 10-year median of 23.33. GuruFocus rates STU:RCIB with a GF Score™ of 87/100 and a GF Value™ of €34.38. The stock has 7 warning signs investors should review. Among 367 Telecommunication Services companies, Rogers Communications ranks better than 80.11% on this metric.
Rogers Communications Inc operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Rogers Communications's Operating Margin % or its related term are showing as below:
STU:RCIB'
s Operating Margin % Range Over the Past 10 Years
Min: 20.11 Med: 23.33 Max: 24.99
Current: 22.83
STU:RCIB's Operating Margin % is ranked better than 80.11% of 367
companies
in the Telecommunication Services industry
Industry Median: 9.73
vs STU:RCIB: 22.83
Rogers Communications's 5-Year Average Operating Margin % Growth Rate was 0.30% per year.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Rogers Communications Operating Margin % Related Terms
Rogers Communications Operating Margin % Historical Data
* Premium members only.
The historical data trend for Rogers Communications's Operating Margin % 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.
STU:RCIB vs TMUS, VZ, T: Operating Margin % Comparison
For the Telecom Services subindustry, Rogers Communications's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Rogers Communications's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Rogers Communications's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Rogers Communications's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (STU:RCIB) has a Operating Margin % of 20.85% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Rogers Communications and its competitors. This is 11% below median its historical median of 23.33. Over the past decade, Rogers Communications' Operating Margin % has ranged from 20.11 to 24.99. According to the industry distribution chart, Rogers Communications ranks #73 out of 367 companies in the Telecommunication Services industry, placing it in the top 19.9%.
Is Rogers Communications' Operating Margin % too high?
Rogers Communications' current Operating Margin % of 20.85% is 11% below median its 10-year median of 23.33. Over the past 10 years, this metric has ranged from a low of 20.11 to a high of 24.99. The Telecommunication Services industry median Operating Margin % is 9.73. Rogers Communications' value of 20.85% is 114.3% above this industry median. Based on the distribution chart, Rogers Communications ranks #73 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Rogers Communications has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Rogers Communications' Operating Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Rogers Communications ranks #73 out of 367 companies for Operating Margin %. This places Rogers Communications in the top 20% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 9.73. Rogers Communications' value of 20.85% is 114.3% above this benchmark. Historically, Rogers Communications' own Operating Margin % has ranged from 20.11 to 24.99 over the past decade. While the company's 10-year median is 23.33 vs. the industry median of 9.73, 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 Operating Margin % for a Telecommunication Services company?
The median Operating Margin % among Telecommunication Services companies is 9.73, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rogers Communications's current Operating Margin % of 20.85% is 114.3% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Rogers Communications and its competitors. For the Telecommunication Services industry, the median Operating Margin % is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rogers Communications's current Operating Margin % is 20.85%, which is 11% below median its own 10-year median of 23.33. 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?
Rogers Communications (STU:RCIB) has a current Operating Margin % of 20.85%. The stock's GF Value™ is €34.38, compared to a current price of €31.21 — trading 9.2% below its estimated fair value. The current Operating Margin % is 20.85%, which is 11% below median its 10-year median of 23.33 and 114.3% above the Telecommunication Services industry median of 9.73. Rogers Communications' overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Rogers Communications (STU:RCIB), the current Operating Margin % is 20.85% as of Mar. 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 (STU:RCIB) Overvalued in 2026?
Based on GuruFocus' analysis, Rogers Communications stock appears to be undervalued.
The current stock price of €31.21 is trading 9.2% below its estimated GF Value™ of €34.38.
Key valuation signals for STU:RCIB:
Operating Margin %: 20.85% (11% below median its 10-year median of 23.33)
GF Value™: €34.38 vs. price of €31.21 (9.2% below fair value)
Industry Position: 114.3% above the Telecommunication Services median (#73 of 367)
No single metric tells the full story. See the STU: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.
87GF Score
Get the complete analysis for STU:RCIB
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:RCIB has been successfully added to your 
