Telus (TU) Operating Margin (2009 - 2026)
Telus (TU) posted Operating Margin of 15.81% for Q2 2026, down 204.77% on a QoQ basis from 15.09% in Q4 2025, and down 2495.0% year-over-year from 0.66% in Q2 2025.
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Analysis
Telus (TU) Operating Margin (2009 - 2026) Analysis & Trends
Telus has reported Operating Margin for 18 years, with the latest figure at 15.81% in Q2 2026.
- On a quarterly basis, Operating Margin fell 2495.0% year-over-year to 15.81% in Q2 2026; TTM through Jun 2026 was 3.05%, a 1175.0% decrease from a year earlier, with the FY2025 full-year figure at 11.52%, down 3301.0% from the prior year.
- Operating Margin was 15.81% for Q2 2026 at Telus, down from 15.09% in the prior quarter.
- The five-year high for Operating Margin was 21.17% in Q2 2024, with the low at 15.81% in Q2 2026.
- Average Operating Margin over 5 years is 12.65%, with a median of 14.85% recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Operating Margin jumped 925 bps in 2024, then sank 2495 bps in 2026.
- Over 5 years, Operating Margin stood at 13.23% in 2022, then retreated by 3 bps to 12.77% in 2023, then rose by 16 bps to 14.85% in 2024, then rose by 2 bps to 15.09% in 2025, then slumped by 205 bps to 15.81% in 2026.
- The last three Operating Margin figures came in at 15.81% (Q2 2026), 15.09% (Q4 2025), and 9.14% (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 207.36 Bn | 205.61 Bn | 27.03 Bn | 20.96% |
| 2 | T-Mobile US | 192.37 Bn | 189.55 Bn | 17.74 Bn | 24.09% |
| 3 | At&T | 174.39 Bn | 156.82 Bn | 25.25 Bn | 22.30% |
| 4 | Chunghwa Telecom | 34.46 Bn | 31.88 Bn | 728.80 Mn | 21.61% |
| 5 | Rogers Communications | 20.60 Bn | 23.90 Bn | 1.77 Bn | 39.73% |
| 6 | Telefonica Brasil | 19.00 Bn | 17.31 Bn | 1.42 Bn | 16.48% |
| 7 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.91 Bn | -56,572.09 Bn | - | - |
| 8 | Telus | 14.48 Bn | 13.37 Bn | - | -15.81% |
| 9 | Bce | 14.36 Bn | 14.24 Bn | - | - |
| 10 | Kt | 9.57 Bn | 11.02 Bn | - | 4.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -15.81% |
| Dec 31, 2025 | 15.09% |
| Jun 30, 2025 | 9.14% |
| Dec 31, 2024 | 14.85% |
| Sep 30, 2024 | 17.87% |
| Jun 30, 2024 | 21.17% |
| Mar 31, 2024 | 15.98% |
| Dec 31, 2023 | 12.77% |
| Sep 30, 2023 | 10.32% |
| Jun 30, 2023 | 11.92% |
| Mar 31, 2023 | 12.07% |
| Dec 31, 2022 | 13.23% |
| Sep 30, 2022 | 17.04% |
| Jun 30, 2022 | 17.15% |
| Mar 31, 2022 | 16.98% |
| Dec 31, 2021 | 21.59% |
| Sep 30, 2021 | 16.32% |
| Jun 30, 2021 | 16.35% |
| Mar 31, 2021 | 16.70% |
| Dec 31, 2020 | 13.47% |