Quartz crystal microbalance (QCM) resonators are used in a wide range of sensors. Current QCM resonators achieve a simultaneous measurement of multiple physical quantities by analyzing lumped-element equivalent parameters, which are obtained via the introduction of external devices. This introduction of external devices will probably increase measurement error. To realize the measurement of multiple physical quantities while eliminating the measurement error caused by external devices, this paper proposes a measurement method for the lumped-element equivalent parameters of QCM resonators without the need for extra external devices. Accordingly, a numerical method for solving nonlinear equations with fewer data points required and a higher accuracy was adopted. A standard crystal resonator parameter extraction experiment is described. The extracted parameters were consistent with the nominal parameters, which confirms the accuracy of this method. Furthermore, six QCM resonator device samples with different electrode diameters and materials were produced and used in the parameter measurement experiment. The linear relationship between the electrode material conductivity and motional resistance R1 is discussed. The ability of this method to characterize the electrode material and to detect the rust status of the electrode is also demonstrated. These abilities support the potential utility of the proposed method for an electrode quality assessment of piezoelectric devices.