Stablecoin Development (SDEV) EBITDA Margin (2010 - 2025)
Stablecoin Development's EBITDA Margin came in at -240.88% for Q3 2025.
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Analysis
Stablecoin Development (SDEV) EBITDA Margin (2010 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Stablecoin Development reported EBITDA Margin of -79.45%, up 12.36 percentage points year-over-year; for FY2024, it came in at -75.03%, down 37.74 percentage points from FY2023.
- EBITDA Margin carries a five-year change of +66.43 percentage points (FY2019 to FY2024).
- Going back by year, EBITDA Margin was -37.29% in FY2023 (+59.44 pp), -96.74% in FY2022 (-11.05 pp), -85.68% in FY2021 (-21.51 pp) and -64.17% in FY2020 (+77.29 pp).
- The Q3 2025 figure represents the lowest quarterly EBITDA Margin since Q4 2022.
- Year-over-year, EBITDA Margin increased in two of the last four quarters, with an average year-over-year change of +41.85 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2023 (a gain of 209.77 percentage points), and the weakest in Q4 2022 (a drop of 157.45 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.92 Bn | 121.05 Bn | - | 40.18% |
| 2 | Spdr Gold Trust | 136.71 Bn | -421.29 Bn | - | - |
| 3 | Blackstone | 88.22 Bn | 78.20 Bn | - | - |
| 4 | Brookfield | 83.92 Bn | -99.40 Bn | - | - |
| 5 | Kkr | 79.85 Bn | -3.72 Mn | - | 35.54% |
| 6 | Brookfield Asset Management | 73.42 Bn | 68.22 Bn | - | 79.86% |
| 7 | Apollo Global Management | 65.92 Bn | -16.87 Bn | 10.56 Bn | 20.01% |
| 8 | Wheaton Precious Metals | 59.50 Bn | 54.92 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 46.38 Bn | 43.74 Bn | 451.00 Mn | 91.19% |
| 10 | Stablecoin Development | 27.64 Mn | -8.00 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -233.59% |
| Dec 31, 2024 | -17.89% |
| Jun 30, 2024 | -54.08% |
| Mar 31, 2024 | -70.85% |
| Dec 31, 2023 | -18.42% |
| Sep 30, 2023 | 0.60% |
| Jun 30, 2023 | -15.37% |
| Mar 31, 2023 | -55.32% |
| Dec 31, 2022 | -255.37% |
| Sep 30, 2022 | -8.83% |
| Jun 30, 2022 | -55.49% |
| Mar 31, 2022 | -69.08% |
| Dec 31, 2021 | -97.92% |
| Sep 30, 2021 | -100.49% |
| Jun 30, 2021 | -86.64% |
| Mar 31, 2021 | -83.62% |
| Dec 31, 2020 | -92.53% |
| Sep 30, 2020 | -94.56% |
| Jun 30, 2020 | -25.58% |
| Mar 31, 2020 | -74.84% |
API Access
Stablecoin Development EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SDEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "SDEV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SDEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();