Tucows (TCX) Debt Ratio (2010 - 2026)

Tucows' (TCX) quarterly Debt Ratio came in at 0.4 in Q1 2026, up 55.0% year-on-year from 0.26 in Q1 2025, and up 54.75% quarter-over-quarter from 0.26 in Q4 2025.

Tucows (TCX) Debt Ratio (2010 - 2026) Analysis & Trends

Tucows' Debt Ratio history runs 17 years deep, the most recent figure standing at 0.4 for Q1 2026.

  • On a quarterly basis, Debt Ratio rose 55.0% year-over-year to 0.4 in Q1 2026; TTM through Mar 2026 was 0.4, a 55.0% increase from a year earlier, with the FY2025 full-year figure at 0.26, up 1.2% from the prior year.
  • Debt Ratio advanced to 0.4 in Q1 2026 per TCX's latest filing, from 0.26 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.4 in Q1 2026 and bottomed at 0.26 in Q4 2024.
  • The 5-year median for Debt Ratio is 0.29 (2024), against an average of 0.32.
  • Across the five-year window, Debt Ratio sank 31.15% in 2023 and soared 55.0% in 2026, its largest moves.
  • Year by year, Debt Ratio stood at 0.36 in 2022, then retreated by 22.33% to 0.28 in 2023, then declined by 8.22% to 0.26 in 2024, then climbed by 1.2% to 0.26 in 2025, then surged by 54.75% to 0.4 in 2026.
  • Per Business Quant, the three latest TCX Debt Ratio figures stand at 0.4 (Q1 2026), 0.26 (Q4 2025), and 0.26 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 0.06
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -
3 Oracle 344.13 Bn 312.24 Bn - 0.47
4 Repay Holdings 342.29 Bn 342.15 Bn - 0.36
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn -
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn -
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 0.07
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 0.05
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 0.21
10 Tucows 101.23 Mn 56.93 Mn 24.13 Mn 0.40

Historic Data

Download Data
DateValue
Mar 31, 2026 0.40
Dec 31, 2025 0.26
Sep 30, 2025 0.26
Jun 30, 2025 0.39
Mar 31, 2025 0.26
Dec 31, 2024 0.26
Sep 30, 2024 0.36
Jun 30, 2024 0.26
Mar 31, 2024 0.29
Dec 31, 2023 0.28
Sep 30, 2023 0.27
Jun 30, 2023 0.26
Mar 31, 2023 0.35
Dec 31, 2022 0.36
Sep 30, 2022 0.37
Jun 30, 2022 0.38
Mar 31, 2022 0.37
Dec 31, 2021 0.35
Sep 30, 2021 0.30
Jun 30, 2021 0.29