Tucows (TCX) Return on Capital Employed (2011 - 2026)
Tucows' (TCX) quarterly Return on Capital Employed came in at 6.55% in Q1 2026, up 251.0% year-on-year from 1.87% in Q1 2025, and down 12.42% quarter-over-quarter from 5.83% in Q4 2025.
Tucows (TCX) Return on Capital Employed (2011 - 2026) Analysis & Trends
Tucows' Return on Capital Employed history runs 16 years deep, the most recent figure standing at 6.55% for Q1 2026.
- On a quarterly basis, Return on Capital Employed rose 251.0% year-over-year to 6.55% in Q1 2026; TTM through Mar 2026 was 6.55%, a 251.0% increase from a year earlier, with the FY2025 full-year figure at 5.67%, up 557.0% from the prior year.
- Return on Capital Employed fell to 6.55% in Q1 2026 per TCX's latest filing, from 5.83% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 3.12% in Q1 2022 and bottomed at 11.23% in Q4 2024.
- The 5-year median for Return on Capital Employed is 8.95% (2022), against an average of 8.29%.
- Across the five-year window, Return on Capital Employed sank 797 bps in 2022 and surged 540 bps in 2025, its largest moves.
- Year by year, Return on Capital Employed stood at 6.78% in 2022, then slumped by 55 bps to 10.52% in 2023, then fell by 7 bps to 11.23% in 2024, then surged by 48 bps to 5.83% in 2025, then declined by 12 bps to 6.55% in 2026.
- Per Business Quant, the three latest TCX Return on Capital Employed figures stand at 6.55% (Q1 2026), 5.83% (Q4 2025), and 8.15% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 27.43% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 54.07% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 9.73% |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 24.39% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 8.75% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | -4.62% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 40.10% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -5.85% |
| 10 | Tucows | 101.23 Mn | 56.93 Mn | 24.13 Mn | -6.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.55% |
| Dec 31, 2025 | -5.83% |
| Sep 30, 2025 | -8.15% |
| Jun 30, 2025 | -8.28% |
| Mar 31, 2025 | -9.07% |
| Dec 31, 2024 | -11.23% |
| Sep 30, 2024 | -8.84% |
| Jun 30, 2024 | -10.33% |
| Mar 31, 2024 | -10.82% |
| Dec 31, 2023 | -10.52% |
| Sep 30, 2023 | -9.46% |
| Jun 30, 2023 | -9.28% |
| Mar 31, 2023 | -9.17% |
| Dec 31, 2022 | -6.78% |
| Sep 30, 2022 | -4.62% |
| Jun 30, 2022 | -8.95% |
| Mar 31, 2022 | -3.12% |
| Dec 31, 2021 | -2.27% |
| Sep 30, 2021 | -2.34% |
| Jun 30, 2021 | -0.98% |