Hut 8 Corp.

HUT Financial Capital Markets

Hut 8 Corp.’s revenue for fiscal 2025 (year ended December 2025) was $235.1 million, up 44.8% from fiscal 2024.

Revenue
−14.9%
EPS
+122.9%
Free cash flow
+173.8%
Total debt
+2,648.3%

Quarter to September 2026, against a year earlier

49.51 3.56 +7.75%
Market cap
$5.7B
P/E
0.0×
Fwd P/E
−11.6×
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Hut 8 Corp. (HUT) Return on invested capital

Alert me on Return on invested capital

Hut 8 Corp.'s return on invested capital over the twelve months to 30 September 2026 was 0.00%, up 10.9 percentage points from fiscal 2025 (−10.9%). Over the past ten years it has ranged from −33.5% (fiscal 2022) to 25.0% (fiscal 2024); the current reading is higher than 20% of that period. That is in line with the Capital Markets industry median of 0.00% and below the Financial sector median of 4.70%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 −10.9% (35.90)
FY2024 25.0% 25.04
FY2023 0.00% 33.49
FY2022 −33.5% (40.26)
FY2021 6.77% 10.73
FY2020 −3.96% (10.03)
FY2019 6.07% 6.07
FY2018 0.00% 0.00
FY2017 0.00% 0.00
FY2016 0.00% —

Against its own ten years

Low −33.5% High 25.0%
Ten-year median 0.00%
Current reading's percentile 20

Return on invested capital against peers

Company Return on invested capital
MKTX MarketAxess Holdings Inc. compare 24.8%
FIGR Figure Technology Solutions, Inc. compare 14.9%
BGC BGC Group, Inc. compare 10.2%
SNEX StoneX Group Inc. compare 0.00%
HUT Hut 8 Corp. 0.00%
MRX Marex Group PLC compare 0.00%
GLXY Galaxy Digital Inc. compare −7.30%
WULF TeraWulf Inc. compare −9.95%
RIOT Riot Platforms, Inc. compare −32.6%
Capital Markets industry median 0.00%
Financial sector median 4.70%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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