Aqua Metals (AQMS) Equity Ratio (2014 - 2025)
Aqua Metals (AQMS) reported Equity Ratio of 0.75 for Q4 2025, up 21.65% year-over-year from 0.62 in Q4 2024, and up 20.71% quarter-over-quarter from 0.62 in Q3 2025.
Aqua Metals (AQMS) Equity Ratio (2014 - 2025) Analysis & Trends
Aqua Metals (AQMS) has 12 years of Equity Ratio data on file, last reported at 0.75 in Q4 2025.
- Equity Ratio for Q4 2025 came in at 0.75, up 21.65% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.75 (up 21.65% YoY), and the FY2025 annual result was 0.75, up 21.65% from the prior year.
- Equity Ratio improved to 0.75 in Q4 2025 per AQMS's latest filing, from 0.62 in the prior quarter.
- Over five years, Equity Ratio peaked at 0.9 in Q1 2021 and troughed at 0.53 in Q1 2025.
- A 5-year average of 0.73 and a median of 0.74 in 2024 frame the typical range for Equity Ratio.
- The sharpest annual moves came in 2023 and 2024: Equity Ratio sank 31.72% in 2023, then advanced 29.37% in 2024.
- A 5-year view of Equity Ratio shows it stood at 0.83 in 2021, then dropped by 24.56% to 0.62 in 2022, then increased by 24.25% to 0.78 in 2023, then decreased by 20.57% to 0.62 in 2024, then increased by 21.65% to 0.75 in 2025.
- Business Quant data shows AQMS's Equity Ratio at 0.75 in Q4 2025, 0.62 in Q3 2025, and 0.55 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | 0.36 |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 0.38 |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 0.37 |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 0.48 |
| 5 | Enviri | 1.71 Bn | 1.63 Bn | - | - |
| 6 | Onterris | 613.85 Mn | 602.80 Mn | - | - |
| 7 | American Battery Technology | 425.23 Mn | 386.75 Mn | 737,749.00 | 0.94 |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 0.22 |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | 0.53 |
| 10 | Aqua Metals | 4.97 Mn | 4.97 Mn | - | 0.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.75 |
| Sep 30, 2025 | 0.62 |
| Jun 30, 2025 | 0.55 |
| Mar 31, 2025 | 0.53 |
| Dec 31, 2024 | 0.62 |
| Sep 30, 2024 | 0.73 |
| Jun 30, 2024 | 0.75 |
| Mar 31, 2024 | 0.73 |
| Dec 31, 2023 | 0.78 |
| Sep 30, 2023 | 0.84 |
| Jun 30, 2023 | 0.72 |
| Mar 31, 2023 | 0.56 |
| Dec 31, 2022 | 0.62 |
| Sep 30, 2022 | 0.67 |
| Jun 30, 2022 | 0.83 |
| Mar 31, 2022 | 0.82 |
| Dec 31, 2021 | 0.83 |
| Sep 30, 2021 | 0.82 |
| Jun 30, 2021 | 0.83 |
| Mar 31, 2021 | 0.90 |