Telus Historical Income Statement

T Stock  CAD 19.92  0.12  0.61%   
Historical analysis of Telus Corp income statement accounts such as Other Operating Expenses of 9.9 B, Operating Income of 2.2 B, EBIT of 2.1 B or Ebitda of 4.4 B can show how well Telus Corp performed in making a profits. Evaluating Telus Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Telus Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Telus Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Telus Corp is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telus Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.

About Telus Income Statement Analysis

Telus Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Telus Corp shareholders. The income statement also shows Telus investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Telus Corp Income Statement Chart

At this time, Telus Corp's Tax Provision is very stable compared to the past year.

Total Revenue

Total revenue comprises all receipts Telus Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Telus Corp minus its cost of goods sold. It is profit before Telus Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Telus Corp. It is also known as Telus Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Telus Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Telus Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Telus Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Telus Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telus Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.At this time, Telus Corp's Tax Provision is very stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit10.1B11.2B12.5B6.5B
Total Revenue16.8B18.3B20.0B12.1B

Telus Corp income statement Correlations

0.760.960.960.980.650.60.940.930.80.19-0.750.34-0.240.940.010.1-0.39-0.39-0.710.88
0.760.750.740.750.520.420.70.770.980.02-0.980.25-0.370.770.06-0.06-0.56-0.52-0.930.85
0.960.751.00.990.80.740.970.990.780.35-0.730.53-0.160.880.080.02-0.29-0.25-0.610.76
0.960.741.00.990.790.720.960.970.770.34-0.710.53-0.180.880.060.02-0.3-0.26-0.60.76
0.980.750.990.990.730.680.960.980.790.26-0.730.43-0.20.920.010.02-0.35-0.3-0.650.81
0.650.520.80.790.730.890.830.80.530.78-0.490.930.190.440.480.040.120.06-0.240.33
0.60.420.740.720.680.890.840.770.450.82-0.340.820.410.460.6-0.010.290.27-0.20.32
0.940.70.970.960.960.830.840.970.740.49-0.660.590.020.830.270.07-0.13-0.14-0.570.73
0.930.770.990.970.980.80.770.970.780.38-0.740.53-0.10.870.140.02-0.27-0.21-0.630.74
0.80.980.780.770.790.530.450.740.780.06-0.940.26-0.310.810.08-0.08-0.51-0.54-0.920.89
0.190.020.350.340.260.780.820.490.380.060.050.90.72-0.010.83-0.040.670.440.23-0.11
-0.75-0.98-0.73-0.71-0.73-0.49-0.34-0.66-0.74-0.940.05-0.20.46-0.750.02-0.030.650.580.92-0.82
0.340.250.530.530.430.930.820.590.530.260.9-0.20.370.10.62-0.010.380.290.070.0
-0.24-0.37-0.16-0.18-0.20.190.410.02-0.1-0.310.720.460.37-0.280.75-0.080.90.420.45-0.34
0.940.770.880.880.920.440.460.830.870.81-0.01-0.750.1-0.28-0.12-0.08-0.49-0.44-0.790.93
0.010.060.080.060.010.480.60.270.140.080.830.020.620.75-0.12-0.140.640.370.07-0.07
0.1-0.060.020.020.020.04-0.010.070.02-0.08-0.04-0.03-0.01-0.08-0.08-0.14-0.11-0.240.12-0.05
-0.39-0.56-0.29-0.3-0.350.120.29-0.13-0.27-0.510.670.650.380.9-0.490.64-0.110.510.65-0.53
-0.39-0.52-0.25-0.26-0.30.060.27-0.14-0.21-0.540.440.580.290.42-0.440.37-0.240.510.59-0.6
-0.71-0.93-0.61-0.6-0.65-0.24-0.2-0.57-0.63-0.920.230.920.070.45-0.790.070.120.650.59-0.92
0.880.850.760.760.810.330.320.730.740.89-0.11-0.820.0-0.340.93-0.07-0.05-0.53-0.6-0.92
Click cells to compare fundamentals

Telus Corp Account Relationship Matchups

Telus Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.7B3.2B3.2B3.5B4.1B2.2B
Interest Expense709M746M805M867M1.3B1.4B
Total Revenue14.6B15.3B16.8B18.3B20.0B12.1B
Gross Profit8.5B9.1B10.1B11.2B12.5B6.5B
Other Operating Expenses11.7B13.0B14.2B15.5B17.7B9.9B
Operating Income3.0B2.5B3.1B3.0B2.4B2.2B
Ebit2.8B2.5B2.7B3.5B2.2B2.1B
Ebitda5.5B5.6B5.9B6.9B6.3B4.4B
Cost Of Revenue6.1B6.3B6.7B7.1B7.5B5.6B
Total Operating Expenses5.6B6.7B7.5B8.3B10.1B10.6B
Income Before Tax2.2B1.7B2.3B2.3B1.1B1.6B
Total Other Income Expense Net(733M)(771M)(796M)(632M)(1.3B)(1.2B)
Net Income1.7B1.2B1.7B1.6B841M1.1B
Income Tax Expense468M451M580M604M222M421.6M
Selling General Administrative3.0B3.7B4.3B4.9B6.1B3.2B
Net Income From Continuing Ops1.8B1.3B1.7B1.7B867M1.6B
Net Income Applicable To Common Shares1.7B1.2B1.7B1.6B1.9B1.6B
Minority Interest111M528M(43M)(103M)(26M)(24.7M)
Tax Provision468M451M580M604M222M392.6M
Interest Income682M11M20M604M29M27.6M
Net Interest Income(676M)(719M)(767M)(846M)(1.3B)(1.2B)
Reconciled Depreciation2.6B3.0B3.2B3.5B4.1B3.3B

Pair Trading with Telus Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Telus Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Telus Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Telus Stock

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The ability to find closely correlated positions to Telus Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telus Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Telus Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Telus Corp to buy it.
The correlation of Telus Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Telus Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telus Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Telus Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Telus Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Telus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Telus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Telus Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telus Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Telus Stock, please use our How to Invest in Telus Corp guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Please note, there is a significant difference between Telus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telus Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.