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| Date | Value |
|---|---|
| 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 |