Bitcoin Depot (BTMCQ) Asset Utilization Ratio (2023 - 2025)
Bitcoin Depot (BTMCQ) posted Asset Utilization Ratio of 4.81 for Q4 2025, down 11.41% sequentially from 5.43 in Q3 2025, and down 29.82% YoY from 6.85 in Q4 2024.
Bitcoin Depot (BTMCQ) Asset Utilization Ratio (2023 - 2025) Analysis & Trends
Bitcoin Depot (BTMCQ) has 3 years of Asset Utilization Ratio data on file, last reported at 4.81 in Q4 2025.
- Quarterly Asset Utilization Ratio fell 29.82% year-over-year to 4.81 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 4.81 (down 29.82% YoY) and the FY2025 annual result came in at 5.84, down 21.44% from the prior year.
- Asset Utilization Ratio slipped to 4.81 in Q4 2025 per BTMCQ's latest filing, from 5.43 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 9.02 in Q4 2023, with the low at 3.11 in Q1 2023.
- Average Asset Utilization Ratio over 3 years is 6.31, with a median of 6.52 recorded in 2024.
- Year-over-year, Asset Utilization Ratio surged 159.96% in 2024 and decreased 29.82% in 2025.
- Bitcoin Depot's Asset Utilization Ratio stood at 9.02 in 2023, then slipped by 24.06% to 6.85 in 2024, then fell by 29.82% to 4.81 in 2025.
- Business Quant data shows BTMCQ's Asset Utilization Ratio at 4.81 in Q4 2025, 5.43 in Q3 2025, and 6.12 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 0.05 |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 0.03 |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 0.05 |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 0.04 |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 0.11 |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 0.98 |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 0.26 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 0.03 |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 0.11 |
| 10 | Bitcoin Depot | 786,228.74 | -64.81 Mn | -368.45 Mn | 4.81 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 4.81 |
| Sep 30, 2025 | 5.43 |
| Jun 30, 2025 | 6.12 |
| Mar 31, 2025 | 7.06 |
| Dec 31, 2024 | 6.85 |
| Sep 30, 2024 | 6.33 |
| Jun 30, 2024 | 6.71 |
| Mar 31, 2024 | 8.08 |
| Dec 31, 2023 | 9.02 |
| Sep 30, 2023 | 8.82 |
| Jun 30, 2023 | 3.37 |
| Mar 31, 2023 | 3.11 |