GH Research (GHRS) Equity Ratio (2021 - 2025)

GH Research (GHRS) recorded quarterly Equity Ratio of 0.97 in Q4 2025, up 0.58% quarter-over-quarter from 0.96 in Q3 2025, and up 2.1% on a YoY basis from 0.95 in Q4 2024.

GH Research (GHRS) Equity Ratio (2021 - 2025) Analysis & Trends

GH Research's Equity Ratio history runs 5 years deep, the most recent figure standing at 0.97 for Q4 2025.

  • In Q4 2025, Equity Ratio rose 2.1% year-over-year to 0.97; the TTM figure through Dec 2025 stood at 0.97 (up 2.1% YoY), while the FY2025 annual figure was 0.97, up 2.1% from the prior year.
  • Equity Ratio was 0.97 for Q4 2025 at GH Research, up from 0.96 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.99 in Q3 2021 to a low of 0.95 in Q3 2024.
  • Historically, Equity Ratio has averaged 0.97 across 5 years, with a median of 0.97 in 2023.
  • The sharpest annual moves came in 2024 and 2025: Equity Ratio retreated 2.28% in 2024, then rose 2.1% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.96 in 2021, then gained by 2.09% to 0.98 in 2022, then retreated by 1.48% to 0.97 in 2023, then declined by 1.77% to 0.95 in 2024, then climbed by 2.1% to 0.97 in 2025.
  • The last three Equity Ratio figures came in at 0.97 (Q4 2025), 0.96 (Q3 2025), and 0.97 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Alterity Therapeutics 723,416.35 Bn 723,416.32 Bn - 191.07
2 Belite Bio 57,340.00 Bn 57,340.00 Bn - 0.98
3 Quantum Biopharma 19,125.08 Bn 19,125.08 Bn - 0.04
4 Legend Biotech 3,262.00 Bn 3,261.71 Bn 242.10 Mn 0.58
5 Akari Therapeutics 1,789.67 Bn 1,789.67 Bn - 0.42
6 Evaxion A 1,480.39 Bn 1,480.37 Bn - -
7 Psyence Biomedical 241.78 Bn 241.78 Bn - -
8 Vertex Pharmaceuticals 113.54 Bn 106.29 Bn 2.59 Bn 0.73
9 Abivax 94.26 Bn 94.26 Bn - 0.79
10 GH Research 9.73 Bn 9.63 Bn - 0.97

Historic Data

Download Data
DateValue
Dec 31, 2025 0.97
Sep 30, 2025 0.96
Jun 30, 2025 0.97
Mar 31, 2025 0.97
Dec 31, 2024 0.95
Sep 30, 2024 0.95
Jun 30, 2024 0.96
Mar 31, 2024 0.96
Dec 31, 2023 0.97
Sep 30, 2023 0.97
Jun 30, 2023 0.97
Mar 31, 2023 0.97
Dec 31, 2022 0.98
Sep 30, 2022 0.99
Jun 30, 2022 0.99
Mar 31, 2022 0.99
Dec 31, 2021 0.96
Sep 30, 2021 0.99