TMC the metals (TMC) Common Equity (2019 - 2025)
TMC the metals (TMC) reported Common Equity of -$33.4 million for Q4 2025, down 95.37% on a YoY basis from -$721.9 million in Q4 2024, and up 17.68% quarter-over-quarter from -$40.6 million in Q3 2025.
TMC the metals (TMC) Common Equity (2019 - 2025) Analysis & Trends
TMC the metals has reported Common Equity for 7 years, with the latest figure at -$33.4 million in Q4 2025.
- For the quarter ending Q4 2025, Common Equity fell 95.37% year-over-year to -$33.4 million; the trailing twelve-month figure through Dec 2025 stood at -$33.4 million (down 95.37% YoY), and the FY2025 full-year result was -$33.4 million, down 95.37% from the prior year.
- Common Equity for Q4 2025 stood at -$33.4 million, up from -$40.6 million in the prior quarter.
- The five-year high for Common Equity was $106.7 million in Q3 2021, with the low at -$40.6 million in Q3 2025.
- Historically, Common Equity has averaged $29.1 million across 5 years, with a median of $28.0 million in 2021.
- The largest YoY upside for Common Equity was 952.09% in 2025 against a maximum downside of 1026.3% in 2025.
- TMC the metals' Common Equity stood at $92.8 million in 2021, then sank by 55.25% to $41.5 million in 2022, then tumbled by 73.69% to $10.9 million in 2023, then slumped by 256.79% to -$17.1 million in 2024, then sank by 95.37% to -$33.4 million in 2025.
- The last three Common Equity figures came in at -$33.4 million (Q4 2025), -$40.6 million (Q3 2025), and $81.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | 304.49 Mn |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | 55.47 Bn |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 230.22 Mn |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 1.97 Bn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | 108.20 Mn |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 956.96 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 72.40 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | TMC the metals | 76.80 Mn | -40.83 Mn | - | -33.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -33.44 Mn |
| Sep 30, 2025 | -40.62 Mn |
| Jun 30, 2025 | 81.86 Mn |
| Mar 31, 2025 | -16.77 Mn |
| Dec 31, 2024 | -17.12 Mn |
| Sep 30, 2024 | -21.47 Mn |
| Jun 30, 2024 | -9.61 Mn |
| Mar 31, 2024 | 1.81 Mn |
| Dec 31, 2023 | 10.92 Mn |
| Sep 30, 2023 | 41.61 Mn |
| Jun 30, 2023 | 30.31 Mn |
| Mar 31, 2023 | 41.80 Mn |
| Dec 31, 2022 | 41.51 Mn |
| Sep 30, 2022 | 79.06 Mn |
| Jun 30, 2022 | 73.67 Mn |
| Mar 31, 2022 | 79.73 Mn |
| Dec 31, 2021 | 92.75 Mn |
| Sep 30, 2021 | 106.68 Mn |
| Jun 30, 2021 | 13.07 Mn |
| Mar 31, 2021 | 25.63 Mn |