Equus Total Return (EQS) Gross Margin (2023 - 2025)
Equus Total Return posted quarterly Gross Margin of 75.78% for Q4 2025, down 1778.0% year-on-year from 4.52% in Q4 2024, and down 16.48% on a QoQ basis from 90.73% in Q3 2025.
Equus Total Return (EQS) has 3 years of Gross Margin data on file, last reported at 75.78% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin fell 1778.0% year-over-year to 75.78%; the trailing twelve-month figure through Dec 2025 stood at 89.34% (up 39611.0% YoY), and the FY2025 full-year result was 87.18%, down 285.0% from the prior year.
- Gross Margin for Q4 2025 stood at 75.78%, down from 90.73% in the prior quarter.
- Across five years, Gross Margin topped out at 96.75% in Q1 2025 and bottomed at 266.67% in Q1 2023.
- The 3-year median for Gross Margin is 90.73% (2025), against an average of 37.1%.
- The widest annual swing landed in 2024, when Gross Margin surged 34370 bps; it then tumbled 1778 bps in 2025.
- A 3-year view of Gross Margin shows it stood at 266.67% in 2023, then soared by 135 bps to 93.56% in 2024, then retreated by 19 bps to 75.78% in 2025.
- The last three Gross Margin figures came in at 75.78% (Q4 2025), 90.73% (Q3 2025), and 96.75% (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 99.70% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 93.51% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Equus Total Return | 20.28 Mn | 9.68 Mn | 244,000.00 | 75.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 75.78% |
| Sep 30, 2025 | 90.73% |
| Mar 31, 2025 | 96.75% |
| Dec 31, 2024 | 93.56% |
| Sep 30, 2024 | 92.51% |
| Mar 31, 2024 | 77.03% |
| Mar 31, 2023 | -266.67% |