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
DateValue
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