Trutankless, Inc.

Trutankless, Inc.verified

TKLS

Price:

$0.2485

Market Cap:

$32.83M

Trutankless, Inc., through its subsidiary, Bollente, Inc., research, develop, sale, and distributes electric tankless water heaters in the United States. The company provides water heaters that are designed to provide hot water supply under the Trutankless name; and home.trutankless.com, a customizable online control panel that enables dashboard, residential, and commercial users to obtain real-time status reports, adjust unit temperature settings, view up water usage data, and change notification settings from anywhere. It sells its products to plumbing wholesale distributors and dealers. The company was incorporated in 2008 and is headquartered in Scottsdale, Arizona.

Industry

Consumer Electronics

IPO Date

2009-03-26

Stock Exchange

OTC

Ticker

TKLS

The ROE as of January 2026 (TTM) for Trutankless, Inc. (TKLS) is 437.64%

According to Trutankless, Inc.’s latest financial reports and current stock price. The company's current ROE is 437.64%. This represents a change of 6.58% compared to the average of 6.55% of the last 4 quarters.

Trutankless, Inc. (TKLS) Historical ROE (quarterly & annually)

How has TKLS ROE performed in the past?

The mean historical ROE of Trutankless, Inc. over the last ten years is 383.80%. The current 437.64% ROE has changed 14.03% with respect to the historical average. Over the past ten years (40 quarters), TKLS's ROE was at its highest in in the December 2015 quarter at 409.14%. The ROE was at its lowest in in the June 2025 quarter at -43.88%.

Quarterly (TTM)
Annual

Average

383.80%

Median

190.55%

Minimum

27.37%

Maximum

1.61%

Trutankless, Inc. (TKLS) ROE by Quarter and Year

Discovering the peaks and valleys of Trutankless, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 486.33%

Maximum Annual ROE = 1.61%

Minimum Annual Increase = -189.07%

Minimum Annual ROE = 27.37%

Quarterly (TTM)
Annual
YearROEChange
2024160.50%486.33%
202327.37%-67.29%
202283.68%-81.25%
2021446.35%-0.17%
2020447.10%176.64%
2019161.62%-10.60%
2018180.77%-9.76%
2017200.33%-61.64%
2016522.30%-67.52%
20151.61%-189.07%

Trutankless, Inc. (TKLS) Average ROE

How has TKLS ROE performed in the past?

The current ROE of Trutankless, Inc. (TKLS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

90.52%

5-year avg

233.00%

10-year avg

383.80%

Trutankless, Inc. (TKLS) ROE vs. Peers

How is TKLS’s ROE compared to its peers?

Trutankless, Inc.’s ROE is less than AB International Group Corp. (67.64%), less than Pingify International Inc. (1.11%), less than Wirecard AG (0%), greater than Diguang International Development Co., Ltd. (-0.10%), greater than Datametrex AI Limited (-187.65%), greater than Luxxfolio Holdings Inc. (-82.62%), less than Juma Technology Corp. (63.42%), greater than Livento Group, Inc. (-4.16%), less than Exela Technologies, Inc. (15.18%), greater than NFT Technologies Inc. (-257.74%),

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