Trutankless, Inc.

Trutankless, Inc.verified

TKLS

Price:

$0.12

Market Cap:

$15.93M

Operating through its subsidiary, Bollente, Inc., Trutankless, Inc. is dedicated to the research, development, and commercialization of electric tankless water heaters throughout the United States. The company primarily offers its Trutankless-branded water heating units, designed to deliver a consistent and on-demand hot water supply. Complementing its innovative hardware, Trutankless also provides an adaptable online control interface, home.trutankless.com. This digital platform empowers both residential and commercial clients to remotely monitor real-time operational status, fine-tune temperature settings, review water consumption metrics, and customize alert notifications from any locatio...[Read more]

Industry

Consumer Electronics

IPO Date

2009-03-26

Stock Exchange

OTC

Ticker

TKLS

The ROE as of June 2026 (TTM) for Trutankless, Inc. (TKLS) is 85.29%

According to Trutankless, Inc.’s latest financial reports and current stock price. The company's current ROE is 85.29%. This represents a change of 15.52% compared to the average of 0.55% 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 227.77%. The current 85.29% ROE has changed -62.55% with respect to the historical average. Over the past ten years (40 quarters), TKLS's ROE was at its highest in in the December 2021 quarter at 313.91%. The ROE was at its lowest in in the June 2025 quarter at -43.88%.

Quarterly (TTM)
Annual

Average

227.77%

Median

171.19%

Minimum

27.37%

Maximum

522.30%

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 = 522.30%

Minimum Annual Increase = -81.25%

Minimum Annual ROE = 27.37%

Quarterly (TTM)
Annual
YearROEChange
202547.69%-70.29%
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%

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

78.52%

5-year avg

153.12%

10-year avg

227.77%

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%), greater than Wirecard AG (0%), greater than Diguang International Development Co., Ltd. (0%), greater than Datametrex AI Limited (-212.14%), greater than Luxxfolio Holdings Inc. (-88.16%), less than Juma Technology Corp. (63.42%), greater than Livento Group, Inc. (-4.16%), less than Exela Technologies, Inc. (59.73%), greater than NFT Technologies Inc. (-257.74%),

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