Equus Total Return (EQS) Gross Margin (2023 - 2025)
Equus Total Return (EQS) posted Gross Margin of 78.15% for Q4 2025, down 13.86% on a QoQ basis from 90.73% in Q3 2025, and down 1550.0% year-over-year from 5.39% in Q4 2024.
Equus Total Return (EQS) Gross Margin (2023 - 2025) Analysis & Trends
Equus Total Return's Gross Margin history runs 3 years deep, the most recent figure standing at 78.15% for Q4 2025.
- Quarterly Gross Margin fell 1550.0% year-over-year to 78.15% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 89.65% (down 34474.0% YoY) and the FY2025 annual result came in at 87.18%, down 285.0% from the prior year.
- Gross Margin was 78.15% for Q4 2025 at Equus Total Return, 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.
- A 3-year average of 37.45% and a median of 90.73% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin surged 34370 bps — and 2025, when it plunged 1550 bps.
- Equus Total Return's Gross Margin stood at 266.67% in 2023, then jumped by 135 bps to 93.66% in 2024, then fell by 17 bps to 78.15% in 2025.
- Business Quant data shows EQS's Gross Margin at 78.15% in Q4 2025, 90.73% in Q3 2025, and 96.75% in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 99.89% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -188.48% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 93.51% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Equus Total Return | 15.21 Mn | 12.08 Mn | 279,000.00 | 78.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 78.15% |
| Sep 30, 2025 | 90.73% |
| Mar 31, 2025 | 96.75% |
| Dec 31, 2024 | 93.66% |
| Sep 30, 2024 | 92.51% |
| Mar 31, 2024 | 77.03% |
| Mar 31, 2023 | -266.67% |