Telesat (TSAT) Return on Equity [ROE] (2021 - 2026)
Telesat's Return on Equity [ROE] was -120.20% in Q3 2026, down 96.46 percentage points from -23.74% a year earlier and down 30.24 percentage points from the prior quarter.
Telesat (TSAT) Return on Equity [ROE] (2021 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Telesat came in at -25.03%, down 12.60 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of -42.46 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was -12.43% in FY2024 (-39.70 pp), 27.26% in FY2023 (+31.92 pp), -4.66% in FY2022 (-15.11 pp) and 10.45% in FY2021 (-6.98 pp).
- The Q3 2026 figure marks the lowest quarterly Return on Equity [ROE] in data going back to Q4 2021.
- Compared with a year earlier, Return on Equity [ROE] has declined for three straight quarters, with an average year-over-year change of -34.81 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q3 2023 (a gain of 23.30 percentage points); the worst was Q3 2026 (a drop of 96.46 percentage points).
- Per Business Quant data, TSAT's Return on Equity [ROE] in the three quarters before Q3 2026 was -89.97% (Q2 2026), -36.53% (Q1 2026) and -26.14% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 15.87% |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 20.08% |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 11.73% |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 1.36% |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 11.93% |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 11.23% |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 63.36% |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 39.11% |
| 10 | Telesat | 684.59 Mn | -413.27 Mn | - | -119.57% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -119.57% |
| Jun 30, 2026 | -89.97% |
| Mar 31, 2026 | -36.53% |
| Dec 31, 2025 | -26.14% |
| Sep 30, 2025 | -23.74% |
| Jun 30, 2025 | -14.93% |
| Mar 31, 2025 | -12.29% |
| Dec 31, 2024 | -27.48% |
| Sep 30, 2024 | -8.20% |
| Jun 30, 2024 | -11.34% |
| Mar 31, 2024 | 4.51% |
| Dec 31, 2023 | 24.58% |
| Sep 30, 2023 | 26.98% |
| Jun 30, 2023 | 19.51% |
| Mar 31, 2023 | -6.04% |
| Dec 31, 2022 | -3.04% |
| Sep 30, 2022 | -1.29% |
| Jun 30, 2022 | 10.19% |
| Mar 31, 2022 | 9.66% |
| Dec 31, 2021 | 11.77% |
Telesat Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=TSAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=TSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();