Bitcoin Depot (BTM) Return on Capital Employed (2022 - 2025)

Bitcoin Depot's (BTM) quarterly Return on Capital Employed came in at 64.17% in Q4 2025, up 806.0% year-on-year from 7.08% in Q4 2024, and down 13.65% quarter-over-quarter from 74.31% in Q3 2025.

Bitcoin Depot (BTM) Return on Capital Employed (2022 - 2025) Analysis & Trends

Bitcoin Depot has disclosed Return on Capital Employed across 4 years of filings, most recently posting 64.17% for Q4 2025.

  • Return on Capital Employed for Q4 2025 came in at 64.17%, up 806.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 64.17% (up 806.0% YoY), and the FY2025 annual result was 98.98%, up 3281.0% from the prior year.
  • Return on Capital Employed came in at 64.17% for Q4 2025 at Bitcoin Depot, down from 74.31% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 107.4% in Q3 2023 to a low of 9.59% in Q4 2022.
  • The 4-year median for Return on Capital Employed is 59.82% (2024), against an average of 58.35%.
  • Across the five-year window, Return on Capital Employed surged 8159 bps in 2023 and tumbled 6989 bps in 2024, its largest moves.
  • Bitcoin Depot's Return on Capital Employed stood at 9.59% in 2022, then jumped by 851 bps to 91.18% in 2023, then plunged by 38 bps to 56.11% in 2024, then climbed by 14 bps to 64.17% in 2025.
  • The last three Return on Capital Employed figures came in at 64.17% (Q4 2025), 74.31% (Q3 2025), and 90.1% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - -
3 Goldman Sachs 317.73 Bn -619.82 Bn - -
4 Schwab Charles 153.74 Bn 108.77 Bn - -
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 27.74%
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 -5.62%
10 Bitcoin Depot 3.52 Mn -62.08 Mn -368.45 Mn 64.17%

Historic Data

Download Data
DateValue
Dec 31, 2025 64.17%
Sep 30, 2025 74.31%
Jun 30, 2025 90.10%
Mar 31, 2025 96.11%
Dec 31, 2024 56.11%
Sep 30, 2024 37.51%
Jun 30, 2024 41.66%
Mar 31, 2024 59.82%
Dec 31, 2023 91.18%
Sep 30, 2023 107.40%
Jun 30, 2023 18.71%
Mar 31, 2023 11.94%
Dec 31, 2022 9.59%