Telesat Corporation (TSAT.TO)
Ottawa, ON, CA
Telesat Corporation functions as a premier satellite communications provider, delivering essential connectivity solutions worldwide to clients in the broadcast, enterprise, and consulting fields. The company empowers direct-to-home (DTH) service providers to transmit television, audio, and data channels straight into customers' residences. It also enables broadcasters, cable networks, and DTH operators to disseminate television programming. Complementary services include satellite bandwidth, digital video encoding, access control, and ground station uplinking and downlinking. For temporary communication needs, such as live news, sports, and event coverage, Telesat offers occasional use services. For businesses, Telesat provides complete satellite and ground infrastructure services to support enterprise connectivity, internet and cellular backhaul, and rural telephony for telecommunications carriers and network services integrators. Furthermore, its broadband communication services cater to the maritime and aeronautical sectors, supporting commercial airplanes and vessels. Telesat also serves the U.S. government through integrators, provides satellite services to the Canadian government, and offers direct-to-consumer broadband. Its operations extend to the oil and gas and mining industries, where it manages satellite and hybrid satellite/terrestrial networks. Additionally, the company provides satellite operator support and expert consulting on space and earth segments, government analyses, satellite control, and research and development. Telesat primarily reaches its customers via a dedicated direct sales team. As of December 31, 2021, the company's assets included a constellation of 14 geostationary satellites in orbit and a Canadian payload hosted on the ViaSat-1 satellite. Founded in 1969, Telesat Corporation is based in Ottawa, Canada.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -3.17% | +1.62% | +17.74% | +104.06% | +109.33% | +84.36% | +207.68% | +554.26% | +62.11% | +62.11% | +62.11% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 0 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Telecommunications Services: +7.0%-26.8% Q1'26: -25.4% (vs Q1'25)
-
EPS growth Telecommunications Services: +15.8%-68.7% Q1'26: -181.5% (vs Q1'25)
-
FCF margin FCF growth · Telecommunications Services: +29.4%-5.0% Q1'26: -131.0% (vs Q1'25)
-
EBIT margin Telecommunications Services: +14.7%+13.7% Q1'26: +3.5% (vs Q1'25)
-
ROIC Telecommunications Services: +6.4%+1.2% Q1'26: +0.2% (vs Q1'25)
-
Share dilution Telecommunications Services: +0.0%+5.1% Q1'26: +4.2% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Telecommunications Services: 1.26×17.14× Q1'26: 26.94× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 2 Rev. Ana. 1 EPS Ana. |
Dec 2027 3 Rev. Ana. 1 EPS Ana. |
Dec 2028 3 Rev. Ana. 1 EPS Ana. |
Dec 2029 2 Rev. Ana. |
Dec 2030 1 Rev. Ana. |
|---|---|---|---|---|---|---|---|---|
| Revenue |
704.16M
est: 645.60M (+9.1%)
|
571.04M
est: 564.83M (+1.1%)
|
417.96M
est: 416.57M (+0.3%)
|
319.23M
317.83M – 320.63M
-23.4% YoY
|
277.45M
190.63M – 424.48M
-13.1% YoY
|
510.95M
487.07M – 534.82M
+84.2% YoY
|
993.28M
819.12M – 1.29B
+94.4% YoY
|
1.63B
1.35B – 2.12B
+64.4% YoY
|
| EBITDA |
1.14B
est: 381.71M (+198.5%)
|
67.02M
est: 333.96M (-79.9%)
|
206.18M
est: 246.30M (-16.3%)
|
188.75M
187.92M – 189.57M
-23.4% YoY
|
164.04M
112.71M – 250.98M
-13.1% YoY
|
302.10M
287.99M – 316.21M
+84.2% YoY
|
587.29M
484.31M – 760.87M
+94.4% YoY
|
965.27M
796.01M – 1.25B
+64.4% YoY
|
| EBIT |
943.82M
est: 232.30M (+306.3%)
|
-71.60M
est: 203.24M (-135.2%)
|
57.29M
est: 149.89M (-61.8%)
|
114.87M
114.36M – 115.37M
-23.4% YoY
|
99.83M
68.59M – 152.74M
-13.1% YoY
|
183.85M
175.26M – 192.44M
+84.2% YoY
|
357.41M
294.74M – 463.05M
+94.4% YoY
|
587.43M
484.43M – 761.07M
+64.4% YoY
|
| Net Income |
157.12M
est: 30.07M (+422.5%)
|
-87.72M
est: -55.17M (-59.0%)
|
-155.35M
est: -72.24M (-115.1%)
|
-120.52M
-150.48M – -83.93M
-66.8% YoY
|
-155.87M
-200.39M – -111.76M
-29.3% YoY
|
-176.11M
-219.03M – -122.16M
-13.0% YoY
|
—
— – —
+100.0% YoY
|
—
— – —
|
| SGA |
117.92M
est: 128.63M (-8.3%)
|
110.33M
est: 112.53M (-2.0%)
|
96.42M
est: 83.00M (+16.2%)
|
63.60M
63.32M – 63.88M
-23.4% YoY
|
55.28M
37.98M – 84.57M
-13.1% YoY
|
101.80M
97.04M – 106.55M
+84.2% YoY
|
197.90M
163.20M – 256.39M
+94.4% YoY
|
325.27M
268.23M – 421.41M
+64.4% YoY
|
| EPS |
11.71
est: 2.19 (+433.6%)
|
-6.29
est: -3.50 (-80.0%)
|
-10.61
est: -4.58 (-131.8%)
|
-7.43
-10.28 – -5.73
-62.2% YoY
|
-9.89
-13.69 – -7.63
-33.2% YoY
|
-10.81
-14.96 – -8.34
-9.3% YoY
|
—
— – —
+100.0% YoY
|
—
— – —
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-05-11 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-05-08 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-05-07 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-05-06 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-05-05 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-05-04 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-05-01 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-30 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 5/5 |
| 2026-04-29 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-28 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-27 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-24 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-23 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-22 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-21 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-20 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-17 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-16 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares S&P/TSX SmallCap Index ETF XCS.TO | 0.21% | 366.6K | 0.60% |
| 2 | TD Canadian Equity Index ETF TTP.TO | 0.02% | 890.3K | 0.05% |
| 3 | Avantis International Small Cap Equity ETF AVDS | 0.02% | 51.6K | 0.30% |
| 4 | Dimensional - International Small Cap ETF DFIS | 0.01% | 461.0K | 0.39% |
| 5 | Avantis International Equity ETF AVDE | 0.00% | 611.2K | 0.23% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Daniel S. Goldberg | President, Chief Executive Officer & Director | 4M | male |
| Michael C. Schwartz | Senior Vice President of Corporate & Business Development | 2M | male |
| Glenn Katz | Chief Commercial Officer | 2M | male |
| Christopher S. DiFrancesco | Vice President, General Counsel & Secretary | 830.0K | male |
| Donald Tremblay | Chief Financial Officer | 634.6K | male |
| Michael Bolitho | Director of Treasury & Risk Management | — | male |
| Michel Forest | Chief Technology Officer | — | male |
| Asit Tandon | Chief Network & Information Officer | — | male |
| Michèle Beck | Senior Vice President of Canadian Sales | — | female |
| Charles H. Cynamon | President of Telesat Government Solutions | — | male |
| James Maxwell Ratcliffe | Vice President of Investor Relations | — | male |
| John Flaherty | Vice President of Business Planning & Marketing | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for TSAT.TO
Short-term intention
Target Price Distribution
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