Telesat Return on Equity (ROE) Growth & History (TSAT)
Telesat's return on equity was −85.44% for fiscal 2025.
View full Telesat company overviewTelesat annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −85.44% | −41.36 pp |
| 2024 | 2024-12-31 | −44.08% | −146.11 pp |
| 2023 | 2023-12-31 | 102.03% | +120.22 pp |
| 2022 | 2022-12-31 | −18.19% | −35.50 pp |
| 2021 | 2021-12-31 | 17.31% | −0.79 pp |
| 2020 | 2020-12-31 | 18.10% | — |
Telesat quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −37.02% | −47.93 pp |
| Q1 2026 | 2026-03-31 | −8.67% | −6.48 pp |
| Q4 2025 | 2025-12-31 | −20.96% | +44.22 pp |
| Q3 2025 | 2025-09-30 | −18.03% | — |
| Q2 2025 | 2025-06-30 | 10.91% | — |
| Q1 2025 | 2025-03-31 | −2.19% | — |
| Q4 2024 | 2024-12-31 | −65.18% | — |
Telesat return on equity trends
Over the last five fiscal years, Telesat's return on equity decreased from 18.10% to −85.44%, a change of −103.54 percentage points. The latest reported quarter, Q2 2026, shows −37.02%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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