Tearsheet

TELUS International (TIXT)


Market Price (10/31/2025): $4.31 | Market Cap: $1.2 Bil
Sector: Information Technology | Industry: Systems Software

TELUS International (TIXT)


Market Price (10/31/2025): $4.31
Market Cap: $1.2 Bil
Sector: Information Technology
Industry: Systems Software

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%
Trading close to highs
Dist 52W High is -4.9%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -175 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.4%
1 Attractive yield
FCF Yield is 24%
Weak multi-year price returns
2Y Excs Rtn is -94%, 3Y Excs Rtn is -160%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 118%
2   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -37%
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%
1 Attractive yield
FCF Yield is 24%
2 Trading close to highs
Dist 52W High is -4.9%
3 Weak multi-year price returns
2Y Excs Rtn is -94%, 3Y Excs Rtn is -160%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -175 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.4%
5 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 118%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -37%

Market Valuation & Key Metrics

TIXT Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
TIXT Return---40%-57%-54%10%-87%
Peers Return13%13%-55%16%37%-4%-11%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
TIXT Win Rate-70%33%25%58%56% 
Peers Win Rate23%55%35%50%53%47% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
TIXT Max Drawdown---42%-69%-67%-44% 
Peers Max Drawdown-8%-1%-59%-38%-40%-37% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: GEN, PATH, S, VRNT, ARQQ.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

Unique KeyEventTIXTS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-84.6%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven548.5%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days

Compare to GEN, PATH, S, VRNT, ARQQ


In The Past

TELUS International's stock fell -84.6% during the 2022 Inflation Shock from a high on 10/25/2021. A -84.6% loss requires a 548.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About TELUS International (TIXT)

Better Bets than TELUS International (TIXT)

Trade Ideas

Select past ideas related to TIXT. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADBE_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025ADBEAdobeMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-3.8%-3.8%-6.7%
CRM_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
8.3%8.3%-0.6%
MPWR_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025MPWRMonolithic Power SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
18.1%18.1%-1.8%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
2.1%2.1%-13.4%
ROP_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025ROPRoper TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-11.0%-11.0%-11.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADBE_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025ADBEAdobeMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-3.8%-3.8%-6.7%
CRM_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
8.3%8.3%-0.6%
MPWR_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025MPWRMonolithic Power SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
18.1%18.1%-1.8%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
2.1%2.1%-13.4%
ROP_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025ROPRoper TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-11.0%-11.0%-11.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for TELUS International

Financials

TIXTGENPATHSVRNTARQQMedian
NameTELUS In.Gen Digi.UiPath Sentinel.Verint S.Arqit Qu. 
Mkt Price4.3126.0915.8717.0120.2542.3918.63
Mkt Cap1.216.18.55.61.2-5.6
Rev LTM2,7184,2271,497907894-1,497
Op Inc LTM-1751,660-46-32877--46
FCF LTM2871,34931017113-287
FCF 3Y Avg3511,398268-44120-268
CFO LTM3991,36633541138-335
CFO 3Y Avg4531,412282-22149-282

Growth & Margins

TIXTGENPATHSVRNTARQQMedian
NameTELUS In.Gen Digi.UiPath Sentinel.Verint S.Arqit Qu. 
Rev Chg LTM2.0%10.6%8.3%25.4%-2.3%-8.3%
Rev Chg 3Y Avg4.6%14.8%14.6%45.6%-0.2%-14.6%
Rev Chg Q7.2%30.3%14.4%21.7%-1.0%-14.4%
QoQ Delta Rev Chg LTM1.8%7.4%3.1%5.0%-0.2%-3.1%
Op Mgn LTM-6.4%39.3%-3.1%-36.2%8.6%--3.1%
Op Mgn 3Y Avg3.9%36.6%-12.6%-53.2%8.9%-3.9%
QoQ Delta Op Mgn LTM-8.7%-1.9%5.8%2.1%-1.2%--1.2%
CFO/Rev LTM14.7%32.3%22.4%4.5%15.5%-15.5%
CFO/Rev 3Y Avg17.0%36.3%20.7%-5.5%16.6%-17.0%
FCF/Rev LTM10.6%31.9%20.7%1.8%12.6%-12.6%
FCF/Rev 3Y Avg13.2%35.9%19.6%-8.7%13.4%-13.4%

Valuation

TIXTGENPATHSVRNTARQQMedian
NameTELUS In.Gen Digi.UiPath Sentinel.Verint S.Arqit Qu. 
Mkt Cap1.216.18.55.61.2-5.6
P/S0.43.85.76.21.4-3.8
P/EBIT-4.59.9-183.6-18.515.1--4.5
P/E-3.127.0421.9-13.119.9-19.9
P/CFO3.011.825.4138.58.8-11.8
Total Yield-32.0%5.7%0.2%-7.6%5.0%-0.2%
Dividend Yield0.0%1.9%0.0%0.0%0.0%-0.0%
FCF Yield 3Y Avg21.8%9.1%3.6%-1.0%7.1%-7.1%
D/E1.30.60.00.00.4-0.4
Net D/E1.20.5-0.2-0.10.2-0.2

Returns

TIXTGENPATHSVRNTARQQMedian
NameTELUS In.Gen Digi.UiPath Sentinel.Verint S.Arqit Qu. 
1M Rtn-3.8%-8.1%18.6%-3.4%0.0%9.4%-1.7%
3M Rtn14.3%-11.2%35.1%-7.3%-4.8%27.5%4.7%
6M Rtn69.0%2.8%33.6%-8.4%14.2%153.8%23.9%
12M Rtn13.1%-1.4%25.9%-35.7%-7.7%610.1%5.9%
3Y Rtn-82.7%23.5%25.5%-25.5%-42.8%-62.2%-34.2%
1M Excs Rtn-5.7%-8.9%20.5%-4.1%-1.6%1.2%-2.8%
3M Excs Rtn7.8%-18.4%33.5%-14.6%-9.2%21.7%-0.7%
6M Excs Rtn47.3%-19.0%11.8%-30.1%-7.5%132.1%2.2%
12M Excs Rtn-2.5%-19.0%10.0%-52.0%-25.4%488.4%-10.7%
3Y Excs Rtn-160.2%-51.7%-48.8%-105.0%-118.6%-137.0%-111.8%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Single Segment2,7082,4682,1941,5821,020
Total2,7082,4682,1941,5821,020


Price Behavior

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity2,596,425
Short Interest: % Change Since 93020259.0%
Average Daily Volume432,988
Days-to-Cover Short Interest6
Basic Shares Quantity278,000,000
Short % of Basic Shares0.9%

SEC Filings

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Report DateFiling DateFiling
630202580120256-K 6/30/2025
331202550920256-K 3/31/2025
12312024213202520-F 12/31/2024
9302024110820246-K 9/30/2024
630202480220246-K 6/30/2024
331202450920246-K 3/31/2024
12312023209202420-F 12/31/2023
9302023110320236-K 9/30/2023
630202380420236-K 6/30/2023
331202350420236-K 3/31/2023
12312022209202320-F 12/31/2022
9302022110420226-K 9/30/2022
630202280520226-K 6/30/2022
331202250620226-K 3/31/2022
12312021210202220-F 12/31/2021
9302021110520216-K 9/30/2021

Insider Activity

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