Telstra Corporation Limited

Telstra provides telecommunications and information services for domestic and international customers.

Australian Securities Exchange: TLS

Telstra Corporation Limited

Profitability

Net Margin

Year	Net Margin (%)
2013	14.9
2014	17.3
2015	16.1
2016	14.2
2017	13.7
2018	12.2
2019	7.7
2020	7.0
2021	8.2
2022	8.2
2023	8.8
Average	11.7

Management Effectiveness

Current Ratio

Year	Current Ratio
2013	1.1
2014	1.2
2015	0.9
2016	1.0
2017	0.9
2018	0.8
2019	0.8
2020	0.6
2021	0.7
2022	0.6
2023	0.7
Average	0.8

Debt to Equity Ratio

Year	Debt to Equity Ratio
2013	2.0
2014	1.8
2015	1.8
2016	1.7
2017	1.9
2018	1.9
2019	1.9
2020	1.9
2021	1.8
2022	1.5
2023	1.5
Average	1.8

Return on Assets

Year	Return on Assets (%)
2013	10.0
2014	11.6
2015	10.6
2016	8.9
2017	9.2
2018	8.2
2019	5.0
2020	4.1
2021	4.5
2022	4.4
2023	4.6
Average	7.4

Return on Equity

Year	Return on Equity (%)
2013	30.0
2014	32.6
2015	29.5
2016	24.1
2017	26.6
2018	23.5
2019	14.8
2020	12.1
2021	12.5
2022	10.8
2023	11.5
Average	20.7

Valuation

Dividend Yield

Year	Dividend Yield (%)
2013	5.8
2014	5.5
2015	4.9
2016	5.6
2017	7.3
2018	10.1
2019	4.9
2020	5.2
2021	4.3
2022	4.5
2023	4.0
Average	5.6

Price to Sales Ratio

Year	Price to Sales Ratio
2013	2.3
2014	2.5
2015	2.8
2016	2.5
2017	1.8
2018	1.1
2019	1.6
2020	1.4
2021	1.9
2022	2.0
2023	2.1
Average	2.0

Price to Earnings Ratio

Year	Price to Earnings Ratio
2013	15.4
2014	14.3
2015	17.5
2016	17.7
2017	13.2
2018	8.8
2019	21.3
2020	20.2
2021	23.5
2022	24.5
2023	24.2
Average	18.2

Price to Book Ratio

Year	Price to Book Ratio
2013	4.6
2014	4.6
2015	5.2
2016	4.3
2017	3.5
2018	2.1
2019	3.2
2020	2.5
2021	2.9
2022	2.6
2023	2.8
Average	3.5