Full Truck Alliance (YMM) Equity Ratio (2020 - 2025)

Full Truck Alliance's Equity Ratio history runs 6 years deep, the most recent figure standing at 0.91 for Q4 2025.

• In Q4 2025, Equity Ratio changed 0.15% year-over-year to 0.91; the TTM figure through Dec 2025 stood at 0.91 (changed 0.15% YoY), while the FY2025 annual figure was 0.91, changed 0.15% from the prior year.
• Equity Ratio came in at 0.91 for Q4 2025 at Full Truck Alliance, up from 0.9 in the prior quarter.
• In the past five years, Equity Ratio ranged from a high of 0.94 in Q2 2021 to a low of 0.88 in Q1 2024.
• A 5-year average of 0.91 and a median of 0.91 in 2025 frame the typical range for Equity Ratio.
• Across the five-year window, Equity Ratio jumped 371.54% in 2021 and decreased 4.26% in 2024, its largest moves.
• Full Truck Alliance's Equity Ratio stood at 0.92 in 2021, then advanced by 0.07% to 0.92 in 2022, then slipped by 1.31% to 0.91 in 2023, then grew by 0.85% to 0.91 in 2024, then advanced by 0.15% to 0.91 in 2025.
• According to Business Quant data, Equity Ratio over the past three periods registered 0.91, 0.9, and 0.92 for Q4 2025, Q3 2025, and Q2 2025 respectively.

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