Bitcoin Depot (BTM) Debt Ratio (2022 - 2025)

Bitcoin Depot's (BTM) quarterly Debt Ratio came in at 0.41 in Q4 2025, down 33.61% year-on-year from 0.62 in Q4 2024, and down 14.01% quarter-over-quarter from 0.48 in Q3 2025.

Bitcoin Depot (BTM) Debt Ratio (2022 - 2025) Analysis & Trends

Bitcoin Depot has disclosed Debt Ratio across 4 years of filings, most recently posting 0.41 for Q4 2025.

  • Debt Ratio for Q4 2025 came in at 0.41, down 33.61% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.41 (down 33.61% YoY), and the FY2025 annual result was 0.41, down 33.61% from the prior year.
  • Debt Ratio came in at 0.41 for Q4 2025 at Bitcoin Depot, down from 0.48 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.62 in Q4 2024 to a low of 0.21 in Q2 2023.
  • The 4-year median for Debt Ratio is 0.4 (2024), against an average of 0.4.
  • Across the five-year window, Debt Ratio jumped 168.38% in 2024 and slumped 33.61% in 2025, its largest moves.
  • Bitcoin Depot's Debt Ratio stood at 0.32 in 2022, then fell by 27.22% to 0.23 in 2023, then surged by 168.38% to 0.62 in 2024, then plunged by 33.61% to 0.41 in 2025.
  • The last three Debt Ratio figures came in at 0.41 (Q4 2025), 0.48 (Q3 2025), and 0.52 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 0.08
3 Goldman Sachs 317.73 Bn -619.82 Bn - 0.13
4 Schwab Charles 153.74 Bn 108.77 Bn - -
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn -
6 Interactive Brokers 38.91 Bn 49.50 Bn - -
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - -
8 Tradeweb Markets 20.90 Bn 19.65 Bn - -
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn -
10 Bitcoin Depot 3.52 Mn -62.08 Mn -368.45 Mn 0.41

Historic Data

Download Data
DateValue
Dec 31, 2025 0.41
Sep 30, 2025 0.48
Jun 30, 2025 0.52
Mar 31, 2025 0.52
Dec 31, 2024 0.62
Sep 30, 2024 0.48
Jun 30, 2024 0.40
Mar 31, 2024 0.40
Dec 31, 2023 0.23
Sep 30, 2023 0.21
Jun 30, 2023 0.21
Dec 31, 2022 0.32