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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) Operating Margin (2016 - 2025)

Tucows (TCX) has 16 years of Operating Margin data on record, last reported at 9.72% in Q3 2025.

  • For Q3 2025, Operating Margin rose 117.0% year-over-year to 9.72%; the TTM value through Sep 2025 reached 2.05%, up 1235.0%, while the annual FY2024 figure was 6.65%, 2540.0% up from the prior year.
  • Operating Margin reached 9.72% in Q3 2025 per TCX's latest filing, down from 2.92% in the prior quarter.
  • Across five years, Operating Margin topped out at 9.6% in Q4 2021 and bottomed at 21.49% in Q1 2023.
  • Average Operating Margin over 5 years is 8.47%, with a median of 9.61% recorded in 2024.
  • Peak YoY movement for Operating Margin: crashed -2607bps in 2022, then soared 2561bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 9.6% in 2021, then plummeted by -272bps to 16.47% in 2022, then fell by -12bps to 18.52% in 2023, then soared by 138bps to 7.09% in 2024, then crashed by -237bps to 9.72% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 9.72% in Q3 2025, 2.92% in Q2 2025, and 2.15% in Q1 2025.