Iren (IREN) Equity Ratio (2020 - 2026)
Iren (IREN) posted quarterly Equity Ratio of 0.37 for Q1 2026, down 45.72% YoY from 0.68 in Q1 2025, and up 2.64% sequentially from 0.36 in Q4 2025.
Iren (IREN) Equity Ratio (2020 - 2026) Analysis & Trends
Iren has disclosed Equity Ratio across 7 years of filings, most recently posting 0.37 for Q1 2026.
- In Q1 2026, Equity Ratio fell 45.72% year-over-year to 0.37; the TTM figure through Mar 2026 stood at 0.37 (down 45.72% YoY), while the FY2025 annual figure was 0.62, down 35.07% from the prior year.
- Equity Ratio improved to 0.37 in Q1 2026, from 0.36 in the prior quarter.
- Over the last five years, Equity Ratio for IREN reached as high as 0.95 in Q2 2024 and fell as low as 0.36 in Q4 2025.
- The 5-year median for Equity Ratio is 0.68 (2025), against an average of 0.72.
- Annual changes were most pronounced in 2022 — Equity Ratio jumped 308.49% — and 2025, when it plunged 46.87%.
- A 5-year view of Equity Ratio shows it stood at 0.66 in 2022, then jumped by 39.59% to 0.92 in 2023, then fell by 26.52% to 0.67 in 2024, then sank by 46.87% to 0.36 in 2025, then increased by 2.64% to 0.37 in 2026.
- According to Business Quant data, Equity Ratio over the past three periods registered 0.37, 0.36, and 0.67 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 0.07 |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 0.06 |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 0.10 |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 0.18 |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 0.21 |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 0.30 |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 0.88 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 0.04 |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 0.37 |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 0.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.37 |
| Dec 31, 2025 | 0.36 |
| Sep 30, 2025 | 0.67 |
| Jun 30, 2025 | 0.62 |
| Mar 31, 2025 | 0.68 |
| Dec 31, 2024 | 0.67 |
| Sep 30, 2024 | 0.88 |
| Jun 30, 2024 | 0.95 |
| Mar 31, 2024 | 0.94 |
| Dec 31, 2023 | 0.92 |
| Jun 30, 2023 | 0.92 |
| Dec 31, 2022 | 0.66 |
| Jun 30, 2022 | 0.77 |
| Jun 30, 2021 | -0.37 |
| Jun 30, 2020 | 0.76 |