Telesat (TSAT) Return on Capital Employed (2022 - 2026)
Telesat (TSAT) posted quarterly Return on Capital Employed of 12.9% for Q1 2026, down 1182.0% year-on-year from 1.19% in Q1 2025, and down 48.02% on a QoQ basis from 8.72% in Q4 2025.
Telesat (TSAT) Return on Capital Employed (2022 - 2026) Analysis & Trends
Telesat (TSAT) has reported Return on Capital Employed for 5 consecutive years, with 12.9% the latest figure, recorded in Q1 2026.
- Quarterly Return on Capital Employed fell 1182.0% year-over-year to 12.9% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.9% (down 1182.0% YoY) and the FY2025 annual result came in at 8.61%, down 799.0% from the prior year.
- Return on Capital Employed eased to 12.9% in Q1 2026 per TSAT's latest filing, from 8.72% in the prior quarter.
- Over the last five years, Return on Capital Employed for TSAT reached as high as 10.72% in Q1 2024 and fell as low as 12.9% in Q1 2026.
- A 5-year average of 2.39% and a median of 3.4% in 2024 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2024 — Return on Capital Employed surged 739 bps — and 2026, when it sank 1182 bps.
- Year by year, Return on Capital Employed stood at 4.66% in 2022, then jumped by 96 bps to 9.14% in 2023, then slumped by 103 bps to 0.31% in 2024, then plunged by 2726 bps to 8.72% in 2025, then sank by 48 bps to 12.9% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 12.9%, 8.72%, and 2.58% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 16.71% |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 21.43% |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | -0.78% |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 6.63% |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 11.56% |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 87.31% |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 21.27% |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | -8.36% |
| 10 | Telesat | 563.52 Mn | 171.60 Mn | 62.14 Mn | -12.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.90% |
| Dec 31, 2025 | -8.72% |
| Sep 30, 2025 | -2.58% |
| Jun 30, 2025 | -1.77% |
| Mar 31, 2025 | -1.09% |
| Dec 31, 2024 | -0.31% |
| Sep 30, 2024 | 3.18% |
| Jun 30, 2024 | 3.40% |
| Mar 31, 2024 | 10.72% |
| Dec 31, 2023 | 9.14% |
| Sep 30, 2023 | 10.24% |
| Jun 30, 2023 | 10.19% |
| Mar 31, 2023 | 3.33% |
| Dec 31, 2022 | 4.66% |
| Sep 30, 2022 | 5.13% |
| Jun 30, 2022 | 4.56% |
| Mar 31, 2022 | 3.43% |