To the full analysis
Buyback calculator for Telesat
Telesat stock: key metrics
TSATTelesat had an operating margin of 13.7% and a return on invested capital (ROIC) of 0.9% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2012 | 71.7% | 41.1% | 2.9% |
| 2013 | 78.4% | 49.6% | 7.6% |
| 2014 | 79.7% | 52.3% | 1.4% |
| 2015 | 80.7% | 55.4% | −28.0% |
| 2016 | 81.2% | 53.3% | 31.5% |
| 2017 | 79.8% | 52.4% | 54.5% |
| 2018 | 56.9% | 51.8% | −10.1% |
| 2019 | 95.9% | 52.5% | 20.6% |
| 2020 | 95.9% | 49.3% | 29.8% |
| 2021 | 96.0% | 54.0% | 12.2% |
| 2022 | 92.9% | 39.0% | −3.1% |
| 2023 | 94.5% | 80.8% | 22.3% |
| 2024 | 93.4% | −7.1% | −15.4% |
| 2025 | 36.8% | 13.7% | −37.2% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2012 | 2.4% | 20.7% | 0.4% |
| 2013 | 6.1% | 9.1% | 1.2% |
| 2014 | 1.2% | 5.7% | 0.2% |
| 2015 | −29.1% | 9.8% | −4.4% |
| 2016 | 24.5% | 9.0% | 4.8% |
| 2017 | 44.2% | 9.9% | 8.9% |
| 2018 | −8.3% | 9.0% | −1.5% |
| 2019 | 19.5% | 12.5% | 4.1% |
| 2020 | 21.4% | 13.3% | 5.6% |
| 2021 | 22.3% | 8.0% | 1.5% |
| 2022 | −4.9% | 5.8% | −0.4% |
| 2023 | 23.7% | 12.3% | 2.5% |
| 2024 | −12.4% | −0.7% | −1.3% |
| 2025 | −29.3% | 0.9% | −2.4% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CA$1.4249)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 28 Mar 2025)
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.