Telesat (TSAT) Return on Invested Capital [ROIC] (2021 - 2026)
Telesat (TSAT) recorded Return on Invested Capital [ROIC] of -7.26% in Q3 2026, down 4.51 percentage points from -2.76% a year earlier and down 0.45 percentage points from the prior quarter.
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Analysis
Telesat (TSAT) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Telesat reported Return on Invested Capital [ROIC] of -4.60%, down 3.91 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of -12.66 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -0.69% in FY2024 (-9.30 pp), 8.61% in FY2023 (+3.29 pp), 5.32% in FY2022 (-0.35 pp) and 5.67% in FY2021 (-2.39 pp).
- The Q3 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2021.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of -4.14 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 5.86 percentage points in Q3 2023, against a drop of 13.74 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -6.81% (Q2 2026), -5.97% (Q1 2026) and -4.56% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 8.22% |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 10.51% |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 6.91% |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 2.72% |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 7.84% |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 10.75% |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 0.79% |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 34.10% |
| 10 | Telesat | 684.59 Mn | -413.27 Mn | - | -7.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -7.22% |
| Jun 30, 2026 | -6.81% |
| Mar 31, 2026 | -5.97% |
| Dec 31, 2025 | -4.56% |
| Sep 30, 2025 | -2.76% |
| Jun 30, 2025 | -1.86% |
| Mar 31, 2025 | -1.23% |
| Dec 31, 2024 | -5.98% |
| Sep 30, 2024 | -2.08% |
| Jun 30, 2024 | -1.77% |
| Mar 31, 2024 | 6.16% |
| Dec 31, 2023 | 7.81% |
| Sep 30, 2023 | 8.55% |
| Jun 30, 2023 | 8.96% |
| Mar 31, 2023 | 3.42% |
| Dec 31, 2022 | 4.86% |
| Sep 30, 2022 | 6.13% |
| Jun 30, 2022 | 4.45% |
| Mar 31, 2022 | 3.22% |
| Dec 31, 2021 | 5.94% |
API Access
Telesat Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=TSAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=TSAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();