Friday 6 November 2026 Export MARA’s income statement to Excel — free account

Marathon Digital Holdings, Inc.

Marathon Digital Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $907.1 million, up 38.2% from fiscal 2024.

Revenue: −26.7%
EPS: −169.9%
Free cash flow: +85.6%
Total debt: −19.9%

Quarter to June 2026, against a year earlier

Revenue growth 3 yrs

5.88 0.00 0.00%

Follow MARA

Alert me

Market cap: $2.3B
P/E: 0.0×
Fwd P/E: −1.3×
Dividend yield: —
F-score: 3/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview

Marathon Digital Holdings, Inc. (MARA) P/E ratio

Alert me on P/E ratio

Marathon Digital Holdings, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 187× (January 2015) — the current reading is the lowest in ten years.

Embed this chart

Code for your page

<iframe src="https://stockrow.com/embed/MARA/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Marathon Digital Holdings, Inc. P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/MARA/metrics/pe-ratio">Marathon Digital Holdings, Inc. (MARA) P/E ratio — stockrow.com</a></p>

Period	P/E ratio	Change
FY2025	0.0×	—
FY2024	9.0×	(49.64%)
FY2023	17.9×	—
FY2022	0.0×	—
FY2021	0.0×	—
FY2020	0.0×	—
FY2019	0.0×	—
FY2018	0.0×	—
FY2017	0.0×	—
FY2016	0.0×	—

Period	P/E ratio	Change
Jun 2026	0.0×	—
Mar 2026	0.0×	—
Dec 2025	0.0×	—
Sep 2025	6.6×	(15.03%)
42 more quarters	Free account

Against its own ten years

Low 0.0× High 187×

Ten-year median 0.0×

Current reading's percentile 81

Company	P/E ratio
IOND Ionic Digital Inc. compare	n/m
MARA Marathon Digital Holdings, Inc.	n/m
PURR Hyperliquid Strategies Inc compare	n/m
CLSK Cleanspark, Inc. compare	n/m
ETOR eToro Group Ltd. compare	7.4×
MIAX Miami International Holdings, Inc. compare	10.7×
PJT PJT Partners Inc. compare	18.7×
LAZ Lazard, Inc. compare	22.0×
LCLN Lincoln International Inc. compare	—
Capital Markets industry median	14.4×
Financial sector median	12.2×
Market median	17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

Marathon Digital Holdings, Inc. (MARA) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on MARA

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on MARA

Stockrow Weekly