Rand Capital (RAND) Equity Ratio (2022 - 2026)

Rand Capital (RAND) recorded quarterly Equity Ratio of 0.97 in Q1 2026, down 1.09% quarter-over-quarter from 0.98 in Q4 2025, and up 0.76% on a YoY basis from 0.96 in Q1 2025.

Rand Capital (RAND) Equity Ratio (2022 - 2026) Analysis & Trends

Rand Capital's Equity Ratio history runs 5 years deep, the most recent figure standing at 0.97 for Q1 2026.

  • In Q1 2026, Equity Ratio rose 0.76% year-over-year to 0.97; the TTM figure through Mar 2026 stood at 0.97 (up 0.76% YoY), while the FY2025 annual figure was 0.98, up 8.8% from the prior year.
  • Equity Ratio was 0.97 for Q1 2026 at Rand Capital, down from 0.98 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.98 in Q2 2025 to a low of 0.73 in Q1 2024.
  • Historically, Equity Ratio has averaged 0.87 across 5 years, with a median of 0.89 in 2024.
  • The sharpest annual moves came in 2023 and 2025: Equity Ratio retreated 17.45% in 2023, then soared 31.94% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.91 in 2022, then declined by 17.45% to 0.75 in 2023, then climbed by 20.13% to 0.9 in 2024, then rose by 8.8% to 0.98 in 2025, then fell by 1.09% to 0.97 in 2026.
  • The last three Equity Ratio figures came in at 0.97 (Q1 2026), 0.98 (Q4 2025), and 0.98 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 0.33
2 Blackstone 96.85 Bn 95.80 Bn - 0.17
3 Kkr 86.45 Bn 133.96 Bn - 0.07
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 0.08
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 0.03
7 Northern Trust 31.92 Bn 31.92 Bn - 0.07
8 Raymond James Financial 30.62 Bn 19.37 Bn - 0.14
9 Ares Management 29.04 Bn 32.41 Bn - 0.29
10 Rand Capital 30.52 Mn 30.19 Mn - 0.97

Historic Data

Download Data
DateValue
Mar 31, 2026 0.97
Dec 31, 2025 0.98
Sep 30, 2025 0.98
Jun 30, 2025 0.98
Mar 31, 2025 0.96
Dec 31, 2024 0.90
Sep 30, 2024 0.88
Jun 30, 2024 0.76
Mar 31, 2024 0.73
Dec 31, 2023 0.75
Sep 30, 2023 0.78
Jun 30, 2023 0.81
Mar 31, 2023 0.84
Dec 31, 2022 0.91