Bakkt Holdings Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Market Capitalization	313	160	204	94	486	267	Upgrade
Market Cap Growth	67.90%	-21.32%	118.00%	-80.77%	82.29%	-	Upgrade
Enterprise Value	260	199	283	320	462	-	Upgrade
Last Close Price	10.04	24.77	55.75	29.75	212.75	252.00	Upgrade
PS Ratio	0.02	0.05	0.26	1.66	12.34	9.37	Upgrade
PB Ratio	1.45	2.55	1.50	0.28	0.21	0.69	Upgrade
P/TBV Ratio	7.09	-	-	3.81	-	2.88	Upgrade
EV/Sales Ratio	0.07	0.06	0.36	5.69	11.72	-	Upgrade
Debt / Equity Ratio	0.10	0.38	0.20	0.08	0.01	0.01	Upgrade
Asset Turnover	5.37	13.06	2.17	0.04	0.03	0.09	Upgrade
Quick Ratio	1.41	0.46	0.99	2.87	5.56	1.72	Upgrade
Current Ratio	2.24	1.34	1.80	3.54	6.30	2.59	Upgrade
Return on Equity (ROE)	-67.52%	-104.19%	-95.73%	-151.31%	-22.67%	-29.49%	Upgrade
Return on Assets (ROA)	-6.10%	-19.57%	-22.23%	-7.72%	-7.95%	-9.76%	Upgrade
Return on Capital (ROIC)	-32.86%	-41.98%	-30.51%	-8.31%	-8.50%	-11.63%	Upgrade
Return on Capital Employed (ROCE)	-34.40%	-63.60%	-77.80%	-48.80%	-7.80%	-12.10%	Upgrade
Earnings Yield	-13.12%	-29.09%	-36.71%	-618.13%	-37.66%	-29.83%	Upgrade
FCF Yield	-35.80%	-15.14%	-34.40%	-158.40%	-30.83%	-19.30%	Upgrade
Buyback Yield / Dilution	-59.01%	-64.31%	-25.17%	-31.75%	99.75%	-46.40%	Upgrade

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q