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Tucows TCX Return on equity

Return on equity at other companies

Lumen Technologies logo
Lumen TechnologiesLUMN
-170.9%+20.5pp
Verizon Communications logo
Verizon CommunicationsVZ
16.8%-1.2pp
Comcast logo
ComcastCMCSA
21.5%+2.9pp
GoDaddy logo
GoDaddyGDDY
398.2%+153pp
Harmonic logo
HarmonicHLIT
-10.5%-22.9pp
Ziff Davis logo
Ziff DavisZD
2.6%-1.6pp

Other financials

Income statement

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Revenue$96.7M+2.2%
Gross profit$24.1M+2.5%
Operating income-$4.3M-112%
Net income-$18.1M-19.7%

Balance sheet

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Cash & equivalents$44.3M+16.4%
Total debt$363.9M+12.5%
Total equity-$181.3M-67.5%
Total assets$729.2M-1.7%

Cash flow

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Operating cash flow$3.5M+131%
CapEx$5.5M+1.7%
Free cash flow-$2.0M+88.0%

Valuation

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Market cap$149.62M-30.4%
Enterprise value$469.18M-4.7%
P/S0.4×-0.2×

Profitability

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Gross margin30.8%
Operating margin10.4%
Net margin-20.1%-4.0pp
FCF margin-2.1%-1.0pp

Returns & leverage

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Debt / equity25×+24.8×
Current ratio0.6×-0.4×

Where this comes from

Calculated from Tucows’s reported figures.

Based on trailing twelve months.

The official record: Tucows’s 10-K, filed March 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tucows's return on equity?
Tucows (TCX) reported return on equity of -180.6% in Q4 2023.
How has Tucows's return on equity changed year-over-year?
Tucows's return on equity decreased by 593.5% year-over-year, from -26% to -180.6%.
What is the long-term trend for Tucows's return on equity?
Over 3 years (2020 to 2023), Tucows's return on equity has grown at a 214.5% compound annual growth rate (CAGR), from 5.8% to -180.6%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.