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 has reported Asset Utilization Ratio for 3 years, with the latest figure 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.
- Over five years, Asset Utilization Ratio peaked at 9.02 in Q4 2023 and troughed at 3.11 in Q1 2023.
- A 3-year average of 6.31 and a median of 6.52 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio soared 159.96% in 2024, then fell 29.82% in 2025.
- Over 3 years, Asset Utilization Ratio stood at 9.02 in 2023, then decreased by 24.06% to 6.85 in 2024, then declined by 29.82% to 4.81 in 2025.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 4.81, 5.43, and 6.12 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 0.05 |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 0.03 |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 0.05 |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 0.10 |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 0.03 |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 1.02 |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 0.27 |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 0.04 |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 0.10 |
| 10 | Bitcoin Depot | 330,711.39 | -65.30 Mn | 17.31 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 |