Telecom Argentina (TEO) Return on Capital Employed [ROCE] (2009 - 2025)
Telecom Argentina's Return on Capital Employed [ROCE] was 6.06% in the quarter ended Jun 30, 2026, up 4.94 percentage points from 1.12% a year earlier and up 1.85 percentage points from the prior quarter.
Telecom Argentina (TEO) Return on Capital Employed [ROCE] (2009 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Return on Capital Employed [ROCE] at Telecom Argentina came in at 3.62%, up 5.24 percentage points from the prior year.
- Return on Capital Employed [ROCE] has now increased for three consecutive years, though with a five-year change of -3.83 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Return on Capital Employed [ROCE] was -1.62% in the year ended Dec 31, 2024 (+3.48 pp), -5.10% in the year ended Dec 31, 2023 (+80.64 pp), -85.74% in the year ended Dec 31, 2022 (-83.11 pp) and -2.63% in the year ended Dec 31, 2021 (-10.08 pp).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Return on Capital Employed [ROCE] since the quarter ended Jun 30, 2022.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for 11 straight quarters, with an average year-over-year change of +14.10 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was the quarter ended Jun 30, 2024 (a gain of 129.64 percentage points); the worst was the quarter ended Sep 30, 2021 (a drop of 17586759.43 percentage points).
- Per Business Quant data, TEO's Return on Capital Employed [ROCE] in the three quarters before the quarter ended Jun 30, 2026 was 4.21% (quarter ended Mar 31, 2026), 3.75% (quarter ended Dec 31, 2025) and 2.87% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.79 Bn | 157.13 Bn | 27.05 Bn | 8.39% |
| 2 | T-Mobile US | 173.48 Bn | 155.91 Bn | 15.13 Bn | 10.24% |
| 3 | At&T | 147.74 Bn | 89.20 Bn | 26.22 Bn | 6.26% |
| 4 | Grupo Televisa, S.A.B | 147.02 Bn | 147.02 Bn | 960.50 Mn | 5.31% |
| 5 | Comcast | 86.74 Bn | 52.53 Bn | - | 7.98% |
| 6 | Chunghwa Telecom | 38.68 Bn | 30.69 Bn | 728.80 Mn | 2.44% |
| 7 | Vodafone Group Public | 37.42 Bn | 6.82 Bn | - | - |
| 8 | EchoStar | 27.50 Bn | 8.54 Bn | 647.20 Mn | 0.75% |
| 9 | Bce | 20.09 Bn | 18.08 Bn | 2.79 Bn | 8.92% |
| 10 | Telecom Argentina | 4.30 Bn | 2.11 Bn | - | 5.84% |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 5.84% |
| Sep 30, 2025 | 7.28% |
| Dec 31, 2017 | 97.58% |
| Dec 31, 2016 | 13.64% |
| Dec 31, 2015 | 22.36% |
| Sep 30, 2015 | 71.30% |
| Jun 30, 2015 | 76.34% |
| Mar 31, 2015 | 70.93% |
| Dec 31, 2014 | 76.41% |
| Sep 30, 2014 | 73.26% |
| Jun 30, 2014 | 74.18% |
| Mar 31, 2014 | 74.09% |
| Dec 31, 2013 | 78.98% |
| Sep 30, 2013 | 73.52% |
| Jun 30, 2013 | 76.15% |
| Mar 31, 2013 | 76.37% |
| Dec 31, 2012 | 84.46% |
| Sep 30, 2012 | 82.97% |
| Jun 30, 2012 | 101.95% |
| Mar 31, 2012 | 110.23% |
Telecom Argentina Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=TEO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "TEO", "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-capital-employed-%5Broce%5D&ticker=TEO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();