Full Truck Alliance (YMM) Equity Ratio (2020 - 2026)

Full Truck Alliance's (YMM) quarterly Equity Ratio came in at 0.9 in Q1 2026, little changed year-on-year from 0.9 in Q1 2025, and down 1.42% quarter-over-quarter from 0.91 in Q4 2025.

Full Truck Alliance (YMM) Equity Ratio (2020 - 2026) Analysis & Trends

Full Truck Alliance has disclosed Equity Ratio across 7 years of filings, most recently posting 0.9 for Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.9, changed 0.08% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.9 (changed 0.08% YoY), and the FY2025 annual result was 0.91, changed 0.15% from the prior year.
  • Equity Ratio came in at 0.9 for Q1 2026 at Full Truck Alliance, down from 0.91 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.93 in Q1 2022 to a low of 0.88 in Q1 2024.
  • The 5-year median for Equity Ratio is 0.91 (2024), against an average of 0.91.
  • Across the five-year window, Equity Ratio retreated 4.26% in 2024 and gained 2.15% in 2025, its largest moves.
  • Full Truck Alliance's Equity Ratio stood at 0.92 in 2022, then decreased by 1.31% to 0.91 in 2023, then climbed by 0.85% to 0.91 in 2024, then gained by 0.15% to 0.91 in 2025, then retreated by 1.42% to 0.9 in 2026.
  • The last three Equity Ratio figures came in at 0.9 (Q1 2026), 0.91 (Q4 2025), and 0.9 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.62
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 0.90
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.41
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 0.89
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.32
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.54
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 0.48
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.10
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.38
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn 0.23

Historic Data

Download Data
DateValue
Mar 31, 2026 0.90
Dec 31, 2025 0.91
Sep 30, 2025 0.90
Jun 30, 2025 0.92
Mar 31, 2025 0.90
Dec 31, 2024 0.91
Sep 30, 2024 0.90
Jun 30, 2024 0.90
Mar 31, 2024 0.88
Dec 31, 2023 0.91
Sep 30, 2023 0.91
Jun 30, 2023 0.91
Mar 31, 2023 0.92
Dec 31, 2022 0.92
Sep 30, 2022 0.92
Jun 30, 2022 0.92
Mar 31, 2022 0.93
Dec 31, 2021 0.92
Sep 30, 2021 0.93
Jun 30, 2021 0.94