Tucows (TCX) Return on Capital Employed (2011 - 2026)
Tucows (TCX) reported Return on Capital Employed of 4.18% for Q1 2026, down 294.0% on a YoY basis from 2.15% in Q1 2025, and down 18.98% quarter-over-quarter from 3.51% in Q4 2025.
Tucows (TCX) Return on Capital Employed (2011 - 2026) Analysis & Trends
Tucows has reported Return on Capital Employed for 16 years, with the latest figure at 4.18% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 294.0% year-over-year to 4.18%; the trailing twelve-month figure through Mar 2026 stood at 4.18% (down 294.0% YoY), and the FY2025 full-year result was 3.41%, up 29.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 4.18%, down from 3.51% in the prior quarter.
- The five-year high for Return on Capital Employed was 0.13% in Q3 2025, with the low at 5.42% in Q3 2023.
- Historically, Return on Capital Employed has averaged 2.7% across 5 years, with a median of 2.96% in 2022.
- Annual changes were most pronounced in 2023 — Return on Capital Employed plunged 320 bps — and 2024, when it soared 383 bps.
- Tucows' Return on Capital Employed stood at 1.25% in 2022, then tumbled by 186 bps to 3.58% in 2023, then slipped by 3 bps to 3.69% in 2024, then grew by 5 bps to 3.51% in 2025, then fell by 19 bps to 4.18% in 2026.
- The last three Return on Capital Employed figures came in at 4.18% (Q1 2026), 3.51% (Q4 2025), and 0.13% (Q3 2025), per Business Quant data.
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| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 27.43% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 0.01% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 10.62% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 24.39% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 8.75% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -4.62% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 40.10% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.98% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -5.85% |
| 10 | Tucows | 151.74 Mn | 107.43 Mn | 24.13 Mn | -4.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.18% |
| Dec 31, 2025 | -3.51% |
| Sep 30, 2025 | -0.13% |
| Jun 30, 2025 | -0.22% |
| Mar 31, 2025 | -1.24% |
| Dec 31, 2024 | -3.69% |
| Sep 30, 2024 | -1.60% |
| Jun 30, 2024 | -2.90% |
| Mar 31, 2024 | -3.59% |
| Dec 31, 2023 | -3.58% |
| Sep 30, 2023 | -5.42% |
| Jun 30, 2023 | -4.74% |
| Mar 31, 2023 | -3.80% |
| Dec 31, 2022 | -1.25% |
| Sep 30, 2022 | -2.48% |
| Jun 30, 2022 | -2.96% |
| Mar 31, 2022 | -0.59% |
| Dec 31, 2021 | 0.45% |
| Sep 30, 2021 | -3.80% |
| Jun 30, 2021 | -2.51% |