Tucows (TCX) Return on Equity [ROE] (2011 - 2023)
Tucows (TCX) posted Return on Equity [ROE] of -482.16% for Q4 2023, down 454.87 percentage points from -27.29% a year earlier and down 269.53 percentage points from the prior quarter.
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Analysis
Tucows (TCX) Return on Equity [ROE] (2011 - 2023) Analysis & Trends
For FY2023, Tucows' Return on Equity [ROE] came in at -180.60%, down 154.56 percentage points from FY2022.
- Annual Return on Equity [ROE] has declined for seven consecutive years, with a five-year change of -205.08 percentage points (FY2018 to FY2023).
- In prior years, Tucows' Return on Equity [ROE] was -26.04% in FY2022 (-29.10 pp), 3.06% in FY2021 (-2.75 pp), 5.81% in FY2020 (-11.89 pp) and 17.70% in FY2019 (-6.78 pp).
- The Q4 2023 figure stands as the lowest quarterly Return on Equity [ROE] in data going back to Q3 2011.
- On a year-over-year basis, Return on Equity [ROE] has declined in each of the last 21 quarters, with an average year-over-year change of -109.29 percentage points over the last eight quarters.
- Over the past five years, the year-over-year drop in Return on Equity [ROE] ranged from 2.69 percentage points (Q4 2021) to 454.87 percentage points (Q4 2023).
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was -212.64% (Q3 2023), -109.33% (Q2 2023) and -49.51% (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,809.31 Bn | 3,732.47 Bn | 60.48 Bn | 31.22% |
| 2 | International Business Machines | 207.26 Bn | 158.16 Bn | 9.91 Bn | 31.73% |
| 3 | Cloudflare | 111.87 Bn | 95.40 Bn | 499.52 Mn | -13.11% |
| 4 | Equinix | 99.81 Bn | 88.37 Bn | 1.40 Bn | 10.67% |
| 5 | Nebius | 59.68 Bn | 33.11 Bn | 448.70 Mn | 0.70% |
| 6 | CoreWeave | 48.00 Bn | 35.10 Bn | 1.70 Bn | -39.41% |
| 7 | Verisign | 25.49 Bn | 22.71 Bn | 384.60 Mn | - |
| 8 | Nutanix | 19.05 Bn | 10.74 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.27 Bn | 8.68 Bn | 613.75 Mn | 8.51% |
| 10 | Tucows | 105.47 Mn | -83.84 Mn | 25.78 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -482.16% |
| Sep 30, 2023 | -212.64% |
| Jun 30, 2023 | -109.33% |
| Mar 31, 2023 | -49.51% |
| Dec 31, 2022 | -27.29% |
| Sep 30, 2022 | -14.70% |
| Jun 30, 2022 | -5.88% |
| Mar 31, 2022 | -1.53% |
| Dec 31, 2021 | 2.99% |
| Sep 30, 2021 | 6.63% |
| Jun 30, 2021 | 6.22% |
| Mar 31, 2021 | 4.83% |
| Dec 31, 2020 | 5.68% |
| Sep 30, 2020 | 9.64% |
| Jun 30, 2020 | 13.46% |
| Mar 31, 2020 | 16.28% |
| Dec 31, 2019 | 17.00% |
| Sep 30, 2019 | 16.16% |
| Jun 30, 2019 | 17.83% |
| Mar 31, 2019 | 19.84% |
API Access
Tucows Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=TCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=TCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();