TU
TELUS Corporation
TU has slightly lower modeled downside risk, despite its lower overall score.
VZ
Verizon Communications Inc.
VZ has the edge over TU overall on the model score.
TU Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Healthy | |
| Weak |
TU's cash flow is currently healthy, and its revenue is stable, but its profitability and balance sheet are under pressure.
VZ Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Under pressure |
VZ's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is under pressure.
TU PE Valuation
TU has no meaningful PE right now: it lost money over the past year.
VZ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.3x | $32.43 | -30% |
| Forward | 9x | $46.55 | — |
| Fair | 11x | $43.63 | -6.3% |
| Current | 12x | $46.55 | — |
| Expensive | 14x | $56.75 | +22% |
Historical ranges are pointers, not guarantees.
VZ's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 9.0x next year's earnings, in its cheap range.
TU Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect TU's profitability to improve, but its earnings to decline. However, they disagree widely on these estimates.
VZ Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
VZ has the edge over TU on the outlook, with more favorable earnings expectations.
TU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.40 | -189% |
| Q1 2026 | $0.42 | -25% |
| Q4 2025 | $0.51 | +8.5% |
| Q3 2025 | $0.54 | +23% |
| Q2 2025 | $0.45 | +22% |
| Q1 2025 | $0.56 | +56% |
| Q4 2024 | $0.47 | +15% |
| Q3 2024 | $0.44 | +13% |
TU has swung to a loss: it lost $0.40 per share over the past year, after a profit the year before.
VZ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.19 | +32% |
| Q3 2026 | $3.93 | -16% |
| Q2 2026 | $3.85 | -10% |
| Q1 2026 | $4.11 | -2.1% |
| Q4 2025 | $4.06 | -1.9% |
| Q3 2025 | $4.68 | +103% |
| Q2 2025 | $4.29 | +61% |
| Q1 2025 | $4.20 | +57% |
| Q4 2024 | $4.14 | +51% |
VZ has the edge over TU on earnings quality, reporting a profit while its opponent remains loss making.
TU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3.5B | -2.2% |
| Q1 2026 | $3.5B | -0.6% |
| Q4 2025 | $3.7B | -1.9% |
| Q3 2025 | $3.6B | +0.5% |
| Q2 2025 | $3.5B | +2.7% |
| Q1 2025 | $3.5B | +3.1% |
| Q4 2024 | $3.7B | +3.4% |
| Q3 2024 | $3.5B | +1% |
TU's revenue grew through 2023 and has held roughly level since: $3.5B last quarter, down 2.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 15% | +11 points |
| Q1 2026 | 17% | +1.5 points |
| Q4 2025 | 13% | -1 points |
| Q3 2025 | 15% | -1 points |
| Q2 2025 | 3.5% | -10 points |
| Q1 2025 | 15% | +3.2 points |
| Q4 2024 | 14% | +1.4 points |
| Q3 2024 | 16% | +5.3 points |
TU's operating margin was 15% last quarter, up 11 points from the same quarter a year ago.
VZ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $34.3B | +1.5% |
| Q2 2026 | $34.3B | -0.7% |
| Q1 2026 | $34.4B | +2.9% |
| Q4 2025 | $36.4B | +2% |
| Q3 2025 | $33.8B | +1.5% |
| Q2 2025 | $34.5B | +5.2% |
| Q1 2025 | $33.5B | +1.5% |
| Q4 2024 | $35.7B | +1.6% |
VZ has the edge over TU on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +1.3 points |
| Q2 2026 | 21% | -2.7 points |
| Q1 2026 | 24% | +0.1 points |
| Q4 2025 | 14% | -7.1 points |
| Q3 2025 | 24% | +6.2 points |
| Q2 2025 | 24% | -0.2 points |
| Q1 2025 | 24% | +1 points |
| Q4 2024 | 21% | +19 points |
VZ has the edge over TU on profitability, with a higher operating margin.
TU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $485.1M | +21% |
| Q1 2026 | -$17.6M | -106% |
| Q4 2025 | $352.2M | +$607.4M |
| Q3 2025 | $506.8M | -4.3% |
| Q2 2025 | $399.3M | -43% |
| Q1 2025 | $297.4M | +2921% |
| Q4 2024 | -$255.2M | -158% |
| Q3 2024 | $529.4M | +40% |
TU generated $1.3B in free cash flow over the past year, up 37% from the year before.
VZ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $11.5B | +2.2% |
| Q2 2026 | $10.4B | +16% |
| Q1 2026 | $8B | +2.6% |
| Q4 2025 | $9.1B | -13% |
| Q3 2025 | $11.3B | +14% |
| Q2 2025 | $9B | -5.4% |
| Q1 2025 | $7.8B | +9.9% |
| Q4 2024 | $10.4B | +20% |
VZ has the edge over TU on cash flow, with more consistent year-over-year improvement.
TU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +12M shares |
| 1 year | +2.9% | +44M shares |
| 3 years | +8.4% | +122M shares |
| 5 years | +16% | +215M shares |
| Available history | +31% | +370M shares |
TU has 1.6B diluted shares, up 2.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
TU hasn't bought back shares in the past year.
VZ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -10M shares |
| 1 year | -1.7% | -72M shares |
| 3 years | -1.3% | -55M shares |
| 5 years | +0.4% | +17M shares |
| Available history | +0.5% | +21M shares |
VZ has the edge over TU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $500M |
| Q2 2026 | $1B |
| Q1 2026 | $2.5B |
TU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 4.1x | High |
| Q1 2026 | 4.0x | High |
| Q4 2025 | 3.9x | Elevated |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 4.1x | High |
| Q1 2025 | 4.1x | High |
| Q4 2024 | 4.1x | High |
| Q3 2024 | 4.2x | High |
TU's net debt is about 4.1 years of its operating earnings (EBITDA), about the same as a year ago.
VZ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.3x | Elevated |
| Q2 2026 | 3.4x | Elevated |
| Q1 2026 | 3.4x | Elevated |
| Q4 2025 | 2.9x | Moderate |
| Q3 2025 | 2.8x | Moderate |
| Q2 2025 | 3.0x | Moderate |
| Q1 2025 | 3.0x | Elevated |
| Q4 2024 | 3.0x | Elevated |
VZ has the edge over TU on leverage, with a lower net debt burden relative to earnings.
TU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.3 | Neutral |
| Stochastic | 43.4 | Neutral |
TU's weekly RSI is 34 (neutral) and its Stochastic is 43 (neutral).
VZ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.9 | Neutral |
| Stochastic | 44.6 | Neutral |
VZ's weekly RSI is 51 (neutral) and its Stochastic is 45 (neutral).
TU PE vs Communication Services Sector
| Metric | TU | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
TU has no meaningful PE right now: it lost money over the past year.
VZ PE vs Communication Services Sector
| Metric | VZ | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 16x | 28% below |
| PE % | 58 | 26 | 32 pts above |
VZ is trading at 12x earnings, a 28% discount to the Communication Services sector's median of 16x.
TU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.50 | 0.2% above |
| 20 week MA | $9.27 | 8.1% below |
| 50 week MA | $11.4 | 25% below |
| 100 week MA | $13.3 | 36% below |
| 200 week MA | $15.5 | 45% below |
TU has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 45% below its 200-week average.
VZ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $45.1 | 3.1% above |
| 20 week MA | $46.3 | 0.5% above |
| 50 week MA | $46.1 | 1.1% above |
| 100 week MA | $44.2 | 5.4% above |
| 200 week MA | $41.4 | 12% above |
VZ has the edge over TU on trend strength, trading above more of its moving averages.
TU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.3 | $20.0 | +3.3% |
| 2021 | $20.0 | $23.2 | +16% |
| 2022 | $23.2 | $19.7 | -15% |
| 2023 | $19.7 | $17.8 | -9.6% |
| 2024 | $17.8 | $13.5 | -24% |
| 2025 | $13.5 | $12.9 | -4.4% |
| 2026 YTD | $12.9 | $8.52 | -34% |
TU has finished four years in a row lower, and it's down 34% so far in 2026.
VZ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $61.5 | $58.8 | -4.4% |
| 2021 | $58.8 | $52.7 | -10% |
| 2022 | $52.7 | $38.4 | -27% |
| 2023 | $38.4 | $37.7 | -1.8% |
| 2024 | $37.7 | $39.9 | +5.9% |
| 2025 | $39.9 | $40.5 | +1.4% |
| 2026 YTD | $40.5 | $46.6 | +15% |
VZ has the edge over TU on returns for 2026, with the stronger performance.