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
DateValue
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%