Bitcoin Depot Ratios (2022-2025) | BTM

Ratios Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
Gross Margin 8.58%12.20%12.74%13.63%15.01%14.52%12.45%16.16%16.57%18.57%20.18%19.01%18.54%
EBT Margin 2.73%1.18%3.05%-2.87%0.78%0.03%-3.15%2.83%1.96%6.16%8.30%7.84%5.25%
EBIT Margin 4.28%2.78%2.86%6.46%4.14%2.56%0.50%4.66%4.05%7.62%10.84%9.15%7.25%
EBITDA Margin 7.13%5.30%5.60%7.92%-3.95%-5.60%2.38%6.26%5.45%8.72%11.75%10.02%8.17%
Operating Margin 4.28%2.78%2.86%6.46%4.14%2.56%0.50%4.66%4.05%7.62%10.84%9.15%7.25%
Net Margin 2.66%1.89%2.05%-2.44%-3.95%-5.60%-3.05%2.67%1.70%3.79%7.41%7.16%3.38%
FCF Margin 7.90%6.07%6.09%10.14%3.89%5.06%0.57%4.67%-0.77%3.24%9.69%5.64%1.57%
Efficiency
Assets Average 323.46M323.94M208.90M211.13M203.41M78.22M76.40M82.20M93.80M92.49M83.78M84.91M99.39M117.17M
Equity Average 2.26M0.41M4.04M2.58M-5.93M-10.71M-14.84M-16.22M-16.64M-16.93M-20.42M-20.40M-6.23M12.86M
Invested Capital 2.33M2.19M-1.37M9.44M-4.29M9.60M-13.86M-15.81M-16.62M-16.66M-17.20M-23.63M-17.16M4.70M21.02M
Asset Utilization Ratio 3.168.538.397.666.716.336.857.066.125.43
Leverage & Solvency
Debt to Equity 3.13-2.13-1.22-1.08-2.16-2.33-2.43-2.09-2.7412.182.84
Debt Ratio 0.320.210.210.230.400.400.480.620.520.520.48
Equity Ratio 0.010.010.000.10-0.01-0.10-0.18-0.21-0.18-0.17-0.20-0.30-0.190.040.17
Dividends & Payouts
FCF Payout Ratio 0.060.610.050.740.040.271.160.90-0.193.260.160.79
Valuation
Enterprise Value 388.98M390.96M392.55M362.22M409.15M12.84M121.62M158.96M68.52M63.36M62.75M68.36M61.55M278.03M169.45M
Market Capitalization 388.98M390.96M392.55M399.76M409.15M40.25M151.32M188.72M110.72M107.31M94.98M97.83M96.55M326.06M228.75M
Return Ratios
Return on Sales 0.00%0.00%-0.01%-0.01%0.00%0.00%0.01%0.04%0.05%0.06%
Return on Capital Employed 0.10%0.07%0.12%0.70%0.59%0.60%0.42%0.38%0.56%0.96%0.90%0.74%
Return on Invested Capital 4.84%6.18%-1.93%-0.05%-0.80%-1.66%-6.65%3.46%
Return on Assets 0.05%0.05%0.01%0.01%-0.06%-0.11%-0.01%0.00%0.09%0.28%0.32%0.30%
Return on Equity 2.49%4.20%-0.46%-0.04%0.33%0.58%0.06%-0.01%-0.37%-1.18%-5.13%2.73%