Telesat (TSAT) Invested Capital (2019 - 2026)
Telesat's Invested Capital was $4.57 billion in the quarter ended Jun 30, 2026, up 15.4% from $3.96 billion a year earlier and up 1.1% from the prior quarter.
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Analysis
Telesat (TSAT) Invested Capital (2019 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Invested Capital at Telesat came in at $4.38 billion.
- Invested Capital shows a five-year compound annual growth rate of 4.6% (years ended Dec 2020 to Dec 2025).
- In earlier years, Invested Capital was -$5 billion in the year ended Dec 31, 2024, -$1.85 billion in the year ended Dec 31, 2023, $1.45 billion in the year ended Dec 31, 2022 (-67.1%) and $4.41 billion in the year ended Dec 31, 2021 (+26.3%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Invested Capital in data going back to the quarter ended Dec 31, 2019.
- Compared with a year earlier, Invested Capital has increased for three straight quarters, with growth averaging 46.0% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was the quarter ended Mar 31, 2024 (growth of 889.6%); the worst was the quarter ended Mar 31, 2023 (a decline of 90.1%).
- Per Business Quant data, TSAT's Invested Capital in the three quarters before the quarter ended Jun 30, 2026 was $4.52 billion (quarter ended Mar 31, 2026), $4.39 billion (quarter ended Dec 31, 2025) and $4.07 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn | 270.43 Bn |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn | 140.89 Bn |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn | 270.39 Bn |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn | 10.56 Bn |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - | 180.15 Bn |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn | 11.79 Bn |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn | 31.63 Bn |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn | 5.37 Bn |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - | 47.68 Bn |
| 10 | Telesat | 684.88 Mn | -106.65 Mn | 53.65 Mn | 4.57 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.57 Bn |
| Mar 31, 2026 | 4.52 Bn |
| Dec 31, 2025 | 4.39 Bn |
| Sep 30, 2025 | 4.07 Bn |
| Jun 30, 2025 | 3.96 Bn |
| Mar 31, 2025 | 1.67 Bn |
| Dec 31, 2024 | 1.81 Bn |
| Sep 30, 2024 | 4.12 Bn |
| Jun 30, 2024 | 1.94 Bn |
| Mar 31, 2024 | 4.28 Bn |
| Dec 31, 2023 | 1.78 Bn |
| Sep 30, 2023 | 4.31 Bn |
| Jun 30, 2023 | 4.36 Bn |
| Mar 31, 2023 | 432.29 Mn |
| Dec 31, 2022 | 1.39 Bn |
| Sep 30, 2022 | 4.41 Bn |
| Jun 30, 2022 | 4.33 Bn |
| Mar 31, 2022 | 4.37 Bn |
| Dec 31, 2021 | 4.39 Bn |
| Sep 30, 2021 | 4.31 Bn |
API Access
Telesat Invested Capital 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=invested-capital&ticker=TSAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=TSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();