vs

Side-by-side financial comparison of ROGERS COMMUNICATIONS INC (RCI) and Western Midstream Partners, LP (WES). Click either name above to swap in a different company.

Western Midstream Partners, LP is the larger business by last-quarter revenue ($1.0B vs $978.2M, roughly 1.1× ROGERS COMMUNICATIONS INC).

Rogers Communications Inc. is a Canadian communications and media company operating primarily in the fields of wireless communications, cable television, telephony and Internet, with significant additional telecommunications, mass media, and professional sports assets. Rogers has its headquarters in Toronto, Ontario.

Sunoco LP is an American vehicle gasoline master limited partnership company organized under Delaware state law and headquartered in Dallas, Texas. Dating back to 1886, the company has transformed from a vertically integrated energy company to a distributor of fuels and operator of energy infrastructure. It was previously engaged in oil, natural gas exploration and production, refining, chemical manufacturing, and retail fuel sales, but divested these businesses.

RCI vs WES — Head-to-Head

Bigger by revenue
WES
WES
1.1× larger
WES
$1.0B
$978.2M
RCI

Income Statement — Q1 FY2023 vs Q4 FY2025

Metric
RCI
RCI
WES
WES
Revenue
$978.2M
$1.0B
Net Profit
$190.7M
Gross Margin
Operating Margin
29.7%
Net Margin
18.5%
Revenue YoY
11.0%
Net Profit YoY
-42.8%
EPS (diluted)
$0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RCI
RCI
WES
WES
Q4 25
$1.0B
Q3 25
$952.3M
Q2 25
$942.1M
Q1 25
$916.9M
Q4 24
$928.4M
Q3 24
$883.1M
Q2 24
$905.4M
Q1 24
$887.3M
Net Profit
RCI
RCI
WES
WES
Q4 25
$190.7M
Q3 25
$339.6M
Q2 25
$341.7M
Q1 25
$309.0M
Q4 24
$333.6M
Q3 24
$288.5M
Q2 24
$378.6M
Q1 24
$572.8M
Operating Margin
RCI
RCI
WES
WES
Q4 25
29.7%
Q3 25
46.4%
Q2 25
47.2%
Q1 25
44.7%
Q4 24
45.9%
Q3 24
44.8%
Q2 24
51.9%
Q1 24
76.6%
Net Margin
RCI
RCI
WES
WES
Q4 25
18.5%
Q3 25
35.7%
Q2 25
36.3%
Q1 25
33.7%
Q4 24
35.9%
Q3 24
32.7%
Q2 24
41.8%
Q1 24
64.6%

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RCI
RCI
WES
WES
Cash + ST InvestmentsLiquidity on hand
$819.5M
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
Total Assets
$15.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RCI
RCI
WES
WES
Q4 25
$819.5M
Q3 25
$177.3M
Q2 25
$129.7M
Q1 25
$448.4M
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$344.1M
Q1 24
$295.2M
Total Debt
RCI
RCI
WES
WES
Q4 25
$8.2B
Q3 25
$6.9B
Q2 25
$6.9B
Q1 25
$6.9B
Q4 24
$6.9B
Q3 24
$6.9B
Q2 24
$7.1B
Q1 24
$7.3B
Total Assets
RCI
RCI
WES
WES
Q4 25
$15.0B
Q3 25
$12.1B
Q2 25
$12.2B
Q1 25
$12.5B
Q4 24
$13.1B
Q3 24
$13.0B
Q2 24
$12.2B
Q1 24
$12.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RCI
RCI
WES
WES
Operating Cash FlowLast quarter
$557.6M
Free Cash FlowOCF − Capex
$335.4M
FCF MarginFCF / Revenue
32.6%
Capex IntensityCapex / Revenue
21.6%
Cash ConversionOCF / Net Profit
2.92×
TTM Free Cash FlowTrailing 4 quarters
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RCI
RCI
WES
WES
Q4 25
$557.6M
Q3 25
$570.2M
Q2 25
$564.0M
Q1 25
$530.8M
Q4 24
$554.4M
Q3 24
$551.3M
Q2 24
$631.4M
Q1 24
$399.7M
Free Cash Flow
RCI
RCI
WES
WES
Q4 25
$335.4M
Q3 25
$385.5M
Q2 25
$385.4M
Q1 25
$388.4M
Q4 24
$315.7M
Q3 24
$361.9M
Q2 24
$419.6M
Q1 24
$205.9M
FCF Margin
RCI
RCI
WES
WES
Q4 25
32.6%
Q3 25
40.5%
Q2 25
40.9%
Q1 25
42.4%
Q4 24
34.0%
Q3 24
41.0%
Q2 24
46.3%
Q1 24
23.2%
Capex Intensity
RCI
RCI
WES
WES
Q4 25
21.6%
Q3 25
19.4%
Q2 25
19.0%
Q1 25
15.5%
Q4 24
25.7%
Q3 24
21.5%
Q2 24
23.4%
Q1 24
21.8%
Cash Conversion
RCI
RCI
WES
WES
Q4 25
2.92×
Q3 25
1.68×
Q2 25
1.65×
Q1 25
1.72×
Q4 24
1.66×
Q3 24
1.91×
Q2 24
1.67×
Q1 24
0.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons