Telesat (TSAT) EBITDA Margin (2020 - 2026)
Telesat's EBITDA Margin was 8.50% in Q3 2026, down 34.51 percentage points from 43.00% a year earlier and down 14.22 percentage points from the prior quarter.
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Analysis
Telesat (TSAT) EBITDA Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Telesat's EBITDA Margin was -101.44% through Sep 30, 2026, down 94.40 percentage points year-over-year; for FY2025, it came in at -37.08%, down 54.30 percentage points from FY2024.
- EBITDA Margin shows a five-year change of -114.92 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 17.22% in FY2024 (-91.36 pp), 108.58% in FY2023 (+42.70 pp), 65.89% in FY2022 (-17.06 pp) and 82.94% in FY2021 (+5.11 pp).
- Quarterly EBITDA Margin has moved between -341.89% (Q4 2025) and 263.07% (Q2 2023) over five years.
- Compared with a year earlier, EBITDA Margin has declined for six straight quarters, with an average year-over-year change of -46.87 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q1 2025 (a gain of 205.07 percentage points); the worst was Q2 2024 (a drop of 200.02 percentage points).
- Per Business Quant data, TSAT's EBITDA Margin in the three quarters before Q3 2026 was 22.72% (Q2 2026), -58.15% (Q1 2026) and -341.89% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 189.57 Bn | 155.91 Bn | 27.05 Bn | 40.06% |
| 2 | T-Mobile US | 177.30 Bn | 159.74 Bn | 15.13 Bn | 38.64% |
| 3 | At&T | 148.15 Bn | 89.61 Bn | 26.22 Bn | 28.07% |
| 4 | Grupo Televisa, S.A.B | 144.51 Bn | 136.19 Bn | - | - |
| 5 | Comcast | 85.95 Bn | 51.75 Bn | - | 30.78% |
| 6 | Chunghwa Telecom | 37.94 Bn | 30.67 Bn | - | - |
| 7 | Vodafone Group Public | 37.58 Bn | 6.97 Bn | - | - |
| 8 | EchoStar | 30.20 Bn | 11.24 Bn | 647.20 Mn | 20.76% |
| 9 | Bce | 20.05 Bn | 20.05 Bn | - | - |
| 10 | Telesat | 668.56 Mn | -923.58 Mn | - | -2,606.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.50% |
| Jun 30, 2026 | 22.72% |
| Mar 31, 2026 | -58.15% |
| Dec 31, 2025 | -341.89% |
| Sep 30, 2025 | 43.00% |
| Jun 30, 2025 | 52.23% |
| Mar 31, 2025 | 57.95% |
| Dec 31, 2024 | -154.40% |
| Sep 30, 2024 | 68.46% |
| Jun 30, 2024 | 63.06% |
| Mar 31, 2024 | -147.12% |
| Dec 31, 2023 | 21.76% |
| Sep 30, 2023 | 71.69% |
| Jun 30, 2023 | 313.08% |
| Mar 31, 2023 | 24.15% |
| Dec 31, 2022 | 61.32% |
| Sep 30, 2022 | 69.08% |
| Jun 30, 2022 | 64.19% |
| Mar 31, 2022 | 62.54% |
| Dec 31, 2021 | 119.66% |
API Access
Telesat EBITDA Margin 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=ebitda-margin&ticker=TSAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "TSAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=TSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();