Tucows (TCX) Equity Ratio (2010 - 2026)
Tucows (TCX) reported Equity Ratio of 0.25 for Q1 2026, down 70.4% on a YoY basis from 0.84 in Q1 2025, and down 10.68% quarter-over-quarter from 0.22 in Q4 2025.
Tucows (TCX) Equity Ratio (2010 - 2026) Analysis & Trends
Tucows has reported Equity Ratio for 17 years, with the latest figure at 0.25 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio fell 70.4% year-over-year to 0.25; the trailing twelve-month figure through Mar 2026 stood at 0.25 (down 70.4% YoY), and the FY2025 full-year result was 0.22, down 78.87% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.25, down from 0.22 in the prior quarter.
- The five-year high for Equity Ratio was 0.2 in Q1 2022, with the low at 0.25 in Q1 2026.
- Historically, Equity Ratio has averaged 0.02 across 5 years, with a median of 0.02 in 2024.
- Annual changes were most pronounced in 2022 — Equity Ratio declined 11.79% — and 2024, when it tumbled 1115.47%.
- Tucows' Equity Ratio stood at 0.15 in 2022, then slumped by 91.49% to 0.01 in 2023, then tumbled by 1115.47% to 0.13 in 2024, then slumped by 78.87% to 0.22 in 2025, then declined by 10.68% to 0.25 in 2026.
- The last three Equity Ratio figures came in at 0.25 (Q1 2026), 0.22 (Q4 2025), and 0.2 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 0.60 |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 0.16 |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 0.83 |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 0.38 |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 0.40 |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 0.10 |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 0.65 |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 0.25 |
| 10 | Tucows | 151.74 Mn | 107.43 Mn | 24.13 Mn | -0.25 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.25 |
| Dec 31, 2025 | -0.22 |
| Sep 30, 2025 | -0.20 |
| Jun 30, 2025 | -0.16 |
| Mar 31, 2025 | -0.15 |
| Dec 31, 2024 | -0.13 |
| Sep 30, 2024 | -0.07 |
| Jun 30, 2024 | -0.04 |
| Mar 31, 2024 | -0.02 |
| Dec 31, 2023 | 0.01 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.12 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.19 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.21 |
| Sep 30, 2021 | 0.23 |
| Jun 30, 2021 | 0.23 |