System1 (SST) Equity Ratio (2020 - 2026)

System1's (SST) quarterly Equity Ratio came in at 0.05 in Q1 2026, down 129.83% year-on-year from 0.16 in Q1 2025, and down 211.95% quarter-over-quarter from 0.04 in Q4 2025.

System1 (SST) Equity Ratio (2020 - 2026) Analysis & Trends

System1 has disclosed Equity Ratio across 7 years of filings, most recently posting 0.05 for Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.05, down 129.83% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.05 (down 129.83% YoY), and the FY2025 annual result was 0.04, down 76.77% from the prior year.
  • Equity Ratio came in at 0.05 for Q1 2026 at System1, down from 0.04 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.51 in Q2 2022 to a low of 0.05 in Q1 2026.
  • The 5-year median for Equity Ratio is 0.25 (2024), against an average of 0.26.
  • Across the five-year window, Equity Ratio soared 518.91% in 2022 and plunged 129.83% in 2026, its largest moves.
  • System1's Equity Ratio stood at 0.41 in 2022, then sank by 31.05% to 0.28 in 2023, then sank by 33.8% to 0.19 in 2024, then sank by 76.77% to 0.04 in 2025, then slumped by 211.95% to 0.05 in 2026.
  • The last three Equity Ratio figures came in at 0.05 (Q1 2026), 0.04 (Q4 2025), and 0.09 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Cintas 70.95 Bn 70.77 Bn 1.45 Bn 0.47
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn 0.91
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn 0.45
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn 0.45
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn 0.37
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn 0.24
7 Relx 11.84 Bn 11.60 Bn - 0.16
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn 0.42
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn 0.81
10 System1 24.27 Mn -51.34 Mn 23.37 Mn -0.05

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.05
Dec 31, 2025 0.04
Sep 30, 2025 0.09
Jun 30, 2025 0.12
Mar 31, 2025 0.16
Dec 31, 2024 0.19
Sep 30, 2024 0.21
Jun 30, 2024 0.25
Mar 31, 2024 0.31
Dec 31, 2023 0.28
Mar 31, 2023 0.39
Dec 31, 2022 0.41
Sep 30, 2022 0.43
Jun 30, 2022 0.51
Mar 31, 2022 0.50
Dec 31, 2021 -0.11
Sep 30, 2021 -0.11
Jun 30, 2021 -0.12
Mar 31, 2021 1.41
Dec 31, 2020 -0.16