Financial and operating statistics

Consolidated financial information

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Annual

Quarterly

Statement of income

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Horizontal bar chart presenting TELUS operating revenues over 5 years in millions: 2024: $20,139, 2023: $20,005, 2022: $18,292, 2021: $16,838, 2020: $15,341, showing steady year-over-year growth.

Share information

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Horizontal bar chart showing TELUS dividends per share over 5 years: 2024: $1.5566, 2023: $1.4544, 2022: $1.3557, 2021: $1.2710, 2020: $1.18495, demonstrating consistent annual increases.

Financial position

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Statement of income

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Horizontal bar chart presenting TELUS operating revenues by quarter in 2023 and 2024. Values range from $4,925M to $5,331M, with Q4 2024 highest at $5,331M and Q4 2023 at $5,156M, indicating overall growth with some fluctuations.

Share information

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Horizontal bar chart illustrating TELUS dividends declared per share by quarter in 2023 and 2024: Values increase from $0.3511 in Q1 2023 to $0.4023 in Q4 2024, showing consistent growth with occasional stable periods.

Operating statistics

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Annual

Quarterly

Cash flow statement information

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Horizontal bar chart displaying TELUS cash from operating activities over 5 years in millions: 2024: $4,847, 2023: $4,449, 2022: $4,811, 2021: $4,388, 2020: $4,574, showing growth to highest level in 2024.

Profitability ratios

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Debt and coverage ratios

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Other metrics

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Horizontal bar chart showing TELUS capital expenditures over 5 years in millions: 2024: $2,635, 2023: $2,822, 2022: $3,472, 2021: $3,498, 2020: $2,775, showing peak spending in 2021-2022.

Employee-related information

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Cash flow statement information

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Profitability ratios

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Debt and coverage ratios

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Other metrics

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Horizontal bar chart displaying TELUS capital expenditure intensity by quarter in 2023 and 2024, : Values range from 8% to 16%, with Q4 2024 at 8%, Q3 and Q2 2024 at 13%, Q1 2024 at 14%, and Q2 2023 peaking at 16%.

Horizontal bar chart showing TELUS total telecom subscriber connections by quarter in 2023 and 2024, in thousands. Connections grow steadily from 17,953K in Q1 2023 to 20,175K in Q4 2024, showing consistent quarterly increases.

Employee-related information

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Segment statistics

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Annual

Quarterly

TELUS technology solutions (TTech) segment

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Horizontal bar chart showing TELUS TTech operating revenues over 5 years in millions: 2024: $17,407, 2023: $17,106, 2022: $15,615, 2021: $14,528, 2020: $13,604, indicating consistent growth.

TELUS digital experience (TELUS Digital) segment

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Horizontal bar chart displaying TELUS Digital operating revenues over 5 years in millions: 2024: $2,732, 2023: $2,899, 2022: $2,677, 2021: $2,310, 2020: $1,737, showing overall growth with recent fluctuation.

TELUS technology solutions (TTech) segment

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TELUS digital experience (TELUS Digital) segment

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Leading with purpose, innovating with passion
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2024 Sustainability and ESG report

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2025 Information circular

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Included a pre-tax gain of $410 million on the disposition of our financial solutions business in the fourth quarter of 2021.
These are non-GAAP and other specified financial measures, which do not have standardized meanings under IFRS Accounting Standards and might not be comparable to those presented by other issuers. For more information, see Section 11.1 of the MD&A.
Net income attributed to equity shares for a 12-month trailing period, divided by the average common equity for the 12-month period.
2023 and prior years have been restated to conform with the 2024 presentation.
Excludes restructuring and other costs.
Capital expenditures excluding real estate development divided by Operating revenues and other income.
The sum of active mobile phone subscribers, connected device subscribers, internet subscribers, residential voice subscribers, TV subscribers and security subscribers, measured at the end of the respective periods based on information in billing and other source systems. For details on adjustments, see Section 1.3 of the MD&A.
Excluding employees in TELUS Digital, total active employees were 27,800 in 2024; 31,100 in 2023; 35,400 in 2022; 28,700 in 2021; and 28,400 in 2020.
Effective for the first quarter of 2024, with retrospective application to January 1, 2023, we reduced our mobile phone subscriber base by 283,000 subscribers to remove a subset of our public services customers that are now subject to dynamic pricing auction models. As a result of this change, associated operating statistics (ARPU and churn) have also been adjusted.
Effective January 1, 2023, on a prospective basis, we adjusted our mobile phone and connected device subscriber bases to remove 50,000 subscribers and add 82,000 subscribers, respectively, due to a review of our subscriber bases.
Effective January 1, 2023 on a prospective basis, we adjusted our internet subscriber base to add 70,000 subscribers as a result of business acquisitions.
Effective January 1, 2024, on a prospective basis, we adjusted our TV subscriber base to remove 97,000 subscribers as we have ceased marketing our Pik TV product.

Financial and operating statistics

Financial and operating statistics

Consolidated financial information

Statement of income

Share information

Financial position

Statement of income

Share information

Operating statistics

Cash flow statement information

Profitability ratios

Debt and coverage ratios

Other metrics

Employee-related information

Cash flow statement information

Profitability ratios

Debt and coverage ratios

Other metrics

Employee-related information

Segment statistics

TELUS technology solutions (TTech) segment

TELUS digital experience (TELUS Digital) segment

TELUS technology solutions (TTech) segment

TELUS digital experience (TELUS Digital) segment

Social impact

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2024 Annual report

2024 Sustainability and ESG report

2025 Information circular

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