Tucows (TCX) Return on Assets [ROA] (2011 - 2026)
Tucows (TCX) recorded Return on Assets [ROA] of -11.49% in Q2 2026, up 1.40 percentage points from -12.89% a year earlier but down 0.68 percentage points from the prior quarter.
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Analysis
Tucows (TCX) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, Tucows reported Return on Assets [ROA] of -10.18%, up 3.93 percentage points from FY2024.
- Annual Return on Assets [ROA] has a five-year change of -11.49 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at -14.11% in FY2024 (-0.96 pp), -13.15% in FY2023 (-8.57 pp), -4.58% in FY2022 (-5.26 pp) and 0.68% in FY2021 (-0.64 pp).
- Quarterly Return on Assets [ROA] has ranged from -14.11% in Q4 2024 to 1.52% in Q3 2021 over the past five years.
- On a year-over-year basis, Return on Assets [ROA] has increased for three consecutive quarters, with an average year-over-year change of +0.20 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 3.74 percentage points in Q4 2025, against a drop of 8.21 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -10.81% (Q1 2026), -10.37% (Q4 2025) and -13.05% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn | 18.42% |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 Bn | 6.96% |
| 3 | Cloudflare | 112.41 Bn | 95.94 Bn | 499.52 Mn | -3.26% |
| 4 | Equinix | 101.21 Bn | 89.76 Bn | 1.40 Bn | 3.73% |
| 5 | Nebius | 61.44 Bn | 34.87 Bn | 448.70 Mn | 0.25% |
| 6 | CoreWeave | 49.38 Bn | 36.47 Bn | 1.70 Bn | -2.91% |
| 7 | Verisign | 26.06 Bn | 23.28 Bn | 384.60 Mn | 54.84% |
| 8 | Nutanix | 19.56 Bn | 11.24 Bn | 651.35 Mn | 35.49% |
| 9 | Akamai Technologies | 15.64 Bn | 9.05 Bn | 613.75 Mn | 3.08% |
| 10 | Tucows | 104.80 Mn | -84.51 Mn | 25.78 Mn | -11.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.49% |
| Mar 31, 2026 | -10.81% |
| Dec 31, 2025 | -10.37% |
| Sep 30, 2025 | -13.05% |
| Jun 30, 2025 | -12.89% |
| Mar 31, 2025 | -13.14% |
| Dec 31, 2024 | -14.11% |
| Sep 30, 2024 | -11.67% |
| Jun 30, 2024 | -11.87% |
| Mar 31, 2024 | -13.13% |
| Dec 31, 2023 | -11.94% |
| Sep 30, 2023 | -10.41% |
| Jun 30, 2023 | -9.37% |
| Mar 31, 2023 | -6.48% |
| Dec 31, 2022 | -4.21% |
| Sep 30, 2022 | -2.60% |
| Jun 30, 2022 | -1.16% |
| Mar 31, 2022 | -0.32% |
| Dec 31, 2021 | 0.66% |
| Sep 30, 2021 | 1.52% |
API Access
Tucows Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=TCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "TCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=TCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();