Growth Metrics

Tucows (TCX) Return on Invested Capital (2016 - 2025)

Tucows' Return on Invested Capital history spans 15 years, with the latest figure at 0.1% for Q4 2025.

  • For Q4 2025, Return on Invested Capital fell 21.0% year-over-year to 0.1%; the TTM value through Dec 2025 reached 0.1%, down 21.0%, while the annual FY2025 figure was 0.12%, 42.0% down from the prior year.
  • Return on Invested Capital reached 0.1% in Q4 2025 per TCX's latest filing, up from 0.01% in the prior quarter.
  • In the past five years, Return on Invested Capital ranged from a high of 20.18% in Q1 2024 to a low of 3.01% in Q4 2023.
  • Average Return on Invested Capital over 5 years is 0.91%, with a median of 0.0% recorded in 2025.
  • Peak YoY movement for Return on Invested Capital: surged 2064bps in 2024, then crashed -2010bps in 2025.
  • A 5-year view of Return on Invested Capital shows it stood at 0.01% in 2021, then plummeted by -5077bps to 0.31% in 2022, then crashed by -879bps to 3.01% in 2023, then surged by 110bps to 0.31% in 2024, then plummeted by -67bps to 0.1% in 2025.
  • Per Business Quant, the three most recent readings for TCX's Return on Invested Capital are 0.1% (Q4 2025), 0.01% (Q3 2025), and 0.01% (Q2 2025).