Tucows (TCX) Return on Capital Employed (2011 - 2026)

Tucows (TCX) posted Return on Capital Employed of 4.18% for Q1 2026, down 18.98% quarter-over-quarter from 3.51% in Q4 2025, and down 294.0% year-on-year from 2.15% in Q1 2025.

Tucows (TCX) Return on Capital Employed (2011 - 2026) Analysis & Trends

Tucows (TCX) has reported Return on Capital Employed for 16 consecutive years, with 4.18% the latest figure, recorded in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 4.18%, down 294.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.18% (down 294.0% YoY), and the FY2025 annual result was 3.41%, up 29.0% from the prior year.
  • Return on Capital Employed was 4.18% for Q1 2026 at Tucows, down from 3.51% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 0.13% in Q3 2025 and troughed at 5.42% in Q3 2023.
  • Average Return on Capital Employed over 5 years is 2.7%, with a median of 2.96% recorded in 2022.
  • Year-over-year, Return on Capital Employed slumped 320 bps in 2023 and surged 383 bps in 2024.
  • Over 5 years, Return on Capital Employed stood at 1.25% in 2022, then slumped by 186 bps to 3.58% in 2023, then fell by 3 bps to 3.69% in 2024, then gained by 5 bps to 3.51% in 2025, then slipped by 19 bps to 4.18% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 4.18% in Q1 2026, 3.51% in Q4 2025, and 0.13% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 27.43%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 9.73%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 24.39%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 8.75%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -4.62%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 40.10%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -5.85%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 1.98%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 4.34%
10 Tucows 153.30 Mn 108.99 Mn 24.13 Mn -4.18%

Historic Data

Download Data
DateValue
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%