Telesat (TSAT) Return on Capital Employed [ROCE] (2021 - 2026)
Telesat's Return on Capital Employed [ROCE] came in at -17.32% for Q3 2026, down 14.74 percentage points from -2.58% a year earlier but up 0.23 percentage points from the prior quarter.
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Analysis
Telesat (TSAT) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, Telesat's Return on Capital Employed [ROCE] was -9.03%, down 8.39 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of -16.01 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -0.64% in FY2024 (-9.66 pp), 9.02% in FY2023 (+4.23 pp), 4.79% in FY2022 (-2.40 pp) and 7.19% in FY2021 (+0.21 pp).
- The five-year range for quarterly Return on Capital Employed [ROCE] is -17.55% (Q2 2026) to 8.90% (Q3 2023).
- Year-over-year, Return on Capital Employed [ROCE] has declined for ten consecutive quarters, with an average year-over-year change of -8.07 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q2 2023 (a gain of 3.85 percentage points), and the weakest in Q2 2026 (a drop of 15.80 percentage points).
- Business Quant data shows TSAT's Return on Capital Employed [ROCE] at -17.55% (Q2 2026), -12.66% (Q1 2026) and -8.82% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 8.39% |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 10.24% |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 6.26% |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 2.57% |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 7.98% |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 2.44% |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 0.75% |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 32.40% |
| 10 | Telesat | 684.59 Mn | -413.27 Mn | - | -17.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -17.32% |
| Jun 30, 2026 | -17.55% |
| Mar 31, 2026 | -12.66% |
| Dec 31, 2025 | -8.82% |
| Sep 30, 2025 | -2.58% |
| Jun 30, 2025 | -1.75% |
| Mar 31, 2025 | -1.10% |
| Dec 31, 2024 | -5.30% |
| Sep 30, 2024 | -1.95% |
| Jun 30, 2024 | -1.65% |
| Mar 31, 2024 | 5.65% |
| Dec 31, 2023 | 9.04% |
| Sep 30, 2023 | 10.32% |
| Jun 30, 2023 | 10.24% |
| Mar 31, 2023 | 3.45% |
| Dec 31, 2022 | 4.90% |
| Sep 30, 2022 | 6.54% |
| Jun 30, 2022 | 4.99% |
| Mar 31, 2022 | 3.71% |
| Dec 31, 2021 | 5.32% |
API Access
Telesat 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=TSAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=TSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();