Marathon Digital Holdings, Inc.

MARA Financial Capital Markets

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

6.03 0.84 −12.23%
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

Marathon Digital Holdings, Inc. (MARA) Return on assets

Alert me on Return on assets

Marathon Digital Holdings, Inc.'s return on assets over the twelve months to 30 June 2026 was −57.3%, down 38.6 percentage points from fiscal 2025 (−18.6%). Over the past ten years it has ranged from −187.9% (fiscal 2017) to 16.3% (fiscal 2023); the current reading is higher than 64% of that period. That is below the Capital Markets industry median of 0.00% and below the Financial sector median of 1.15%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 −18.6% (30.93)
FY2024 12.3% (3.95)
FY2023 16.3% 68.85
FY2022 −52.6% (49.20)
FY2021 −3.39% 3.14
FY2020 −6.53% 53.01
FY2019 −59.5% 67.00
FY2018 −126.5% 61.39
FY2017 −187.9% (100.42)
FY2016 −87.5% (56.14)

Against its own ten years

Low −187.9% High 16.3%
Ten-year median −31.4%
Current reading's percentile 64

Return on assets against peers

Company Return on assets
MIAX Miami International Holdings, Inc. compare 20.9%
ETOR eToro Group Ltd. compare 14.7%
LAZ Lazard, Inc. compare 3.86%
PJT PJT Partners Inc. compare 0.00%
PURR Hyperliquid Strategies Inc compare 0.00%
IOND Ionic Digital Inc. compare 0.00%
CLSK Cleanspark, Inc. compare −35.5%
MARA Marathon Digital Holdings, Inc. −57.3%
LCLN Lincoln International Inc. compare —
Capital Markets industry median 0.00%
Financial sector median 1.15%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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