Bitcoin Depot (BTM) Equity Ratio (2021 - 2025)
Bitcoin Depot's (BTM) quarterly Equity Ratio came in at 0.09 in Q4 2025, up 129.64% year-on-year from 0.04 in Q4 2024, and down 47.88% quarter-over-quarter from 0.17 in Q3 2025.
Bitcoin Depot (BTM) Equity Ratio (2021 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Equity Ratio across 5 years of filings, most recently posting 0.09 for Q4 2025.
- Equity Ratio for Q4 2025 came in at 0.09, up 129.64% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.09 (up 129.64% YoY), and the FY2025 annual result was 0.09, up 129.64% from the prior year.
- Equity Ratio came in at 0.09 for Q4 2025 at Bitcoin Depot, down from 0.17 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 48.05 in Q4 2021 to a low of 0.3 in Q4 2024.
- The 5-year median for Equity Ratio is 0.05 (2023), against an average of 2.85.
- Across the five-year window, Equity Ratio tumbled 333.98% in 2024 and jumped 286.52% in 2025, its largest moves.
- Bitcoin Depot's Equity Ratio stood at 48.05 in 2021, then sank by 99.79% to 0.1 in 2022, then grew by 24.7% to 0.13 in 2023, then sank by 333.98% to 0.3 in 2024, then surged by 129.64% to 0.09 in 2025.
- The last three Equity Ratio figures came in at 0.09 (Q4 2025), 0.17 (Q3 2025), and 0.04 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 0.07 |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 0.06 |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 0.10 |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 0.21 |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 0.03 |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 0.30 |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 0.88 |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 0.04 |
| 10 | Bitcoin Depot | 3.52 Mn | -62.08 Mn | -368.45 Mn | 0.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.09 |
| Sep 30, 2025 | 0.17 |
| Jun 30, 2025 | 0.04 |
| Mar 31, 2025 | -0.05 |
| Dec 31, 2024 | -0.30 |
| Sep 30, 2024 | -0.09 |
| Jun 30, 2024 | 0.05 |
| Mar 31, 2024 | 0.06 |
| Dec 31, 2023 | 0.13 |
| Sep 30, 2023 | 0.08 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.05 |
| Dec 31, 2022 | 0.10 |
| Sep 30, 2022 | 0.04 |
| Jun 30, 2022 | 0.03 |
| Mar 31, 2022 | 0.03 |
| Dec 31, 2021 | 48.05 |