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| Date | Value |
|---|---|
| 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 |