Bakkt Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023
Period Ending	Apr '26 Apr 6, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Mar '23 Mar 31, 2023
Market Cap	233	256	160	68	204	142
Market Cap Growth	284.70%	59.74%	137.52%	-66.87%	43.47%	51.95%
Enterprise Value	203.84	229.05	150.33	67.54	221.04	142.11
Last Close Price	7.63	10.04	24.77	11.50	55.75	43.00
PE Ratio	-	-1.13	-3.11	-1.47	-2.65	-
PS Ratio	0.10	0.11	0.05	0.02	0.28	-
PB Ratio	1.73	2.27	4.73	-	4.22	-
P/TBV Ratio	0.82	1.08	4.28	-	4.11	-
P/FCF Ratio	-	-1.66	-6.60	-2.78	-2.91	-
P/OCF Ratio	-	-1.67	-7.57	-3.19	-3.36	-
EV/Sales Ratio	0.09	0.10	0.04	0.02	0.30	-
EV/EBITDA Ratio	-	-1.56	-1.83	-0.82	-1.55	-
EV/EBIT Ratio	-	-1.55	-1.82	-0.82	-1.41	-
EV/FCF Ratio	-	-1.48	-6.19	-2.78	-3.15	-
Net Debt / Equity Ratio	-0.24	-0.24	-1.15	-	-1.46	-
Net Debt / EBITDA Ratio	0.44	0.19	0.48	-	0.49	-
Net Debt / FCF Ratio	0.18	0.18	1.61	-	1.00	-
Asset Turnover	9.51	10.81	12.87	25.94	2.02	0
Quick Ratio	1.19	1.19	0.34	-	0.99	-
Current Ratio	2.19	2.19	1.33	-	1.80	-
Return on Equity (ROE)	-150.58%	-261.78%	-199.28%	-152.45%	-160.86%	0.00%
Return on Assets (ROA)	-28.90%	-68.45%	-30.86%	-62.09%	-43.25%	0.00%
Return on Invested Capital (ROIC)	-37.09%	-87.84%	-46.38%	-117.95%	-107.89%	0.00%
Return on Capital Employed (ROCE)	-47.75%	-113.10%	-55.72%	-100.07%	-59.16%	0.00%
Earnings Yield	-45.98%	-88.35%	-32.18%	-68.00%	-37.69%	0.00%
FCF Yield	-66.28%	-60.32%	-15.14%	-35.96%	-34.40%	0.00%
Buyback Yield / Dilution	-106.49%	-106.49%	0.00%	-64.31%	-7.82%	-16.10%
Total Shareholder Return	-106.49%	-106.49%	0.00%	-64.31%	-7.82%	-16.10%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q