Bitcoin Depot (BTM) Debt to Equity (2022 - 2025)
Bitcoin Depot's (BTM) quarterly Debt to Equity came in at $4.69 in Q4 2025, up 323.99% year-on-year from $1.11 in Q4 2024, and up 64.97% quarter-over-quarter from $2.84 in Q3 2025.
Bitcoin Depot (BTM) Debt to Equity (2022 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Debt to Equity across 4 years of filings, most recently posting $4.69 for Q4 2025.
- Debt to Equity for Q4 2025 came in at $4.69, up 323.99% year-over-year; the trailing twelve-month figure through Dec 2025 was $4.69 (up 323.99% YoY), and the FY2025 annual result was $4.69, up 323.99% from the prior year.
- Debt to Equity came in at $4.69 for Q4 2025 at Bitcoin Depot, up from $2.84 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $12.2 in Q2 2025 to a low of -$10.22 in Q1 2025.
- The 4-year median for Debt to Equity is $2.98 (2025), against an average of $2.41.
- Across the five-year window, Debt to Equity tumbled 308.07% in 2024 and soared 323.99% in 2025, its largest moves.
- Bitcoin Depot's Debt to Equity stood at $3.13 in 2022, then sank by 41.63% to $1.82 in 2023, then sank by 214.71% to -$2.09 in 2024, then jumped by 323.99% to $4.69 in 2025.
- The last three Debt to Equity figures came in at $4.69 (Q4 2025), $2.84 (Q3 2025), and $12.2 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | 0.00 |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 1.04 |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 2.11 |
| 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 | 4.69 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 4.69 |
| Sep 30, 2025 | 2.84 |
| Jun 30, 2025 | 12.20 |
| Mar 31, 2025 | -10.22 |
| Dec 31, 2024 | -2.09 |
| Sep 30, 2024 | -5.32 |
| Jun 30, 2024 | 8.73 |
| Mar 31, 2024 | 7.20 |
| Dec 31, 2023 | 1.82 |
| Sep 30, 2023 | 2.56 |
| Jun 30, 2023 | 3.38 |
| Dec 31, 2022 | 3.13 |