On24 (ONTF) Equity Ratio (2020 - 2025)

On24 (ONTF) reported Equity Ratio of 0.61 for Q4 2025, down 3.87% on a YoY basis from 0.64 in Q4 2024, and down 4.89% quarter-over-quarter from 0.64 in Q3 2025.

On24 (ONTF) Equity Ratio (2020 - 2025) Analysis & Trends

On24 has reported Equity Ratio for 6 years, with the latest figure at 0.61 in Q4 2025.

  • For the quarter ending Q4 2025, Equity Ratio fell 3.87% year-over-year to 0.61; the trailing twelve-month figure through Dec 2025 stood at 0.61 (down 3.87% YoY), and the FY2025 full-year result was 0.61, down 3.87% from the prior year.
  • Equity Ratio for Q4 2025 stood at 0.61, down from 0.64 in the prior quarter.
  • The five-year high for Equity Ratio was 0.75 in Q3 2021, with the low at 0.61 in Q4 2025.
  • Historically, Equity Ratio has averaged 0.68 across 5 years, with a median of 0.67 in 2023.
  • Annual changes were most pronounced in 2021 — Equity Ratio jumped 180.62% — and 2023, when it decreased 11.17%.
  • On24's Equity Ratio stood at 0.74 in 2021, then decreased by 2.06% to 0.72 in 2022, then dropped by 11.17% to 0.64 in 2023, then slipped by 1.2% to 0.64 in 2024, then decreased by 3.87% to 0.61 in 2025.
  • The last three Equity Ratio figures came in at 0.61 (Q4 2025), 0.64 (Q3 2025), and 0.64 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.62
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 0.90
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.41
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 0.89
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.32
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.54
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 0.48
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.10
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.38
10 On24 - - 25.94 Mn 0.61

Historic Data

Download Data
DateValue
Dec 31, 2025 0.61
Sep 30, 2025 0.64
Jun 30, 2025 0.64
Mar 31, 2025 0.63
Dec 31, 2024 0.64
Sep 30, 2024 0.66
Jun 30, 2024 0.66
Mar 31, 2024 0.65
Dec 31, 2023 0.64
Sep 30, 2023 0.67
Jun 30, 2023 0.68
Mar 31, 2023 0.72
Dec 31, 2022 0.72
Sep 30, 2022 0.73
Jun 30, 2022 0.72
Mar 31, 2022 0.72
Dec 31, 2021 0.74
Sep 30, 2021 0.75
Jun 30, 2021 0.74
Mar 31, 2021 0.74