Telesat (TSAT) Minority Interest (2021 - 2026)
Telesat's Minority Interest was $584.28 million in the quarter ended Jun 30, 2026, down 49.5% from $1.16 billion a year earlier and down 30.0% from the prior quarter.
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Analysis
Telesat (TSAT) Minority Interest (2021 - 2026) Analysis & Trends
As of Dec 31, 2025, Minority Interest at Telesat came in at $886.62 million, down 30.7% from the prior year.
- Minority Interest shows a four-year compound annual growth rate of -3.5% (years ended Dec 2021 to Dec 2025).
- In earlier years, Minority Interest was $1.28 billion in the year ended Dec 31, 2024 (+0.2%), $1.28 billion in the year ended Dec 31, 2023 (+22.1%), $1.05 billion in the year ended Dec 31, 2022 (+2.3%) and $1.02 billion in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 marks the lowest quarterly Minority Interest in data going back to the quarter ended Dec 31, 2021.
- Compared with a year earlier, Minority Interest has declined for six straight quarters, with an average decline of 18.1% over the last eight quarters.
- The best year-over-year quarter for Minority Interest over five years was the quarter ended Sep 30, 2023 (growth of 30.9%); the worst was the quarter ended Jun 30, 2026 (a decline of 49.5%).
- Per Business Quant data, TSAT's Minority Interest in the three quarters before the quarter ended Jun 30, 2026 was $834.92 million (quarter ended Mar 31, 2026), $888.31 million (quarter ended Dec 31, 2025) and $1.15 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 191.08 Bn | 155.48 Bn | 27.03 Bn |
| 2 | T-Mobile US | 175.17 Bn | 159.92 Bn | 14.76 Bn |
| 3 | At&T | 167.81 Bn | 115.76 Bn | 25.82 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn |
| 5 | Comcast | 76.40 Bn | 40.65 Bn | - |
| 6 | Chunghwa Telecom | 35.35 Bn | 31.20 Bn | 728.80 Mn |
| 7 | EchoStar | 26.08 Bn | 17.22 Bn | 1.65 Bn |
| 8 | AST SpaceMobile | 23.11 Bn | 23.62 Bn | 7.95 Mn |
| 9 | Bce | 18.79 Bn | 17.12 Bn | - |
| 10 | Telesat | 679.99 Mn | -111.55 Mn | 53.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 584.28 Mn |
| Mar 31, 2026 | 834.92 Mn |
| Dec 31, 2025 | 888.31 Mn |
| Sep 30, 2025 | 1.15 Bn |
| Jun 30, 2025 | 1.16 Bn |
| Mar 31, 2025 | 1.21 Bn |
| Dec 31, 2024 | 1.28 Bn |
| Sep 30, 2024 | 1.39 Bn |
| Jun 30, 2024 | 1.38 Bn |
| Mar 31, 2024 | 1.31 Bn |
| Dec 31, 2023 | 1.28 Bn |
| Sep 30, 2023 | 1.30 Bn |
| Jun 30, 2023 | 1.27 Bn |
| Mar 31, 2023 | 1.00 Bn |
| Dec 31, 2022 | 1.00 Bn |
| Sep 30, 2022 | 995.77 Mn |
| Jun 30, 2022 | 1.08 Bn |
| Mar 31, 2022 | 1.05 Bn |
| Dec 31, 2021 | 1.02 Bn |
API Access
Telesat Minority Interest 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=minority-interest&ticker=TSAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=TSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();