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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Tucows (TCX) Net Margin (2016 - 2025)

Tucows' Net Margin history spans 16 years, with the latest figure at 22.62% for Q4 2025.

  • For Q4 2025, Net Margin rose 2210.0% year-over-year to 22.62%; the TTM value through Dec 2025 reached 19.54%, up 1056.0%, while the annual FY2025 figure was 19.5%, 1059.0% up from the prior year.
  • Net Margin reached 22.62% in Q4 2025 per TCX's latest filing, up from 23.4% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 2.99% in Q1 2021 to a low of 48.13% in Q4 2023.
  • Average Net Margin over 5 years is 18.12%, with a median of 18.94% recorded in 2022.
  • Peak YoY movement for Net Margin: crashed -3267bps in 2023, then skyrocketed 2210bps in 2025.
  • A 5-year view of Net Margin shows it stood at 2.39% in 2021, then tumbled by -614bps to 17.07% in 2022, then tumbled by -182bps to 48.13% in 2023, then grew by 7bps to 44.72% in 2024, then soared by 49bps to 22.62% in 2025.
  • Per Business Quant, the three most recent readings for TCX's Net Margin are 22.62% (Q4 2025), 23.4% (Q3 2025), and 15.95% (Q2 2025).