TMC the metals (TMCWW) Common Equity (2019 - 2025)

TMC the metals (TMCWW) 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 (TMCWW) 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 - - - -33.44 Mn

Historic Data

Download Data
DateValue
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