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

5.90 0.02 +0.34%
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 equity

Alert me on Return on equity

Marathon Digital Holdings, Inc.'s return on equity over the twelve months to 30 June 2026 was −106.8%, down 72.3 percentage points from fiscal 2025 (−34.5%). Over the past ten years it has ranged from −1,691.9% (fiscal 2016) to 3,299.8% (fiscal 2017); the current reading is higher than 55% of that period. That is below the Capital Markets industry median of 0.00% and below the Financial sector median of 9.01%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 −34.5% (53.27)
FY2024 18.8% (7.06)
FY2023 25.9% 155.84
FY2022 −130.0% (123.96)
FY2021 −6.00% 0.63
FY2020 −6.63% 100.46
FY2019 −107.1% 141.51
FY2018 −248.6% (3,548.44)
FY2017 3,299.8% 4,991.74
FY2016 −1,691.9% (1,600.15)

Against its own ten years

Low −1,691.9% High 3,299.8%
Ten-year median −34.5%
Current reading's percentile 55

Return on equity against peers

Company Return on equity
MIAX Miami International Holdings, Inc. compare 28.9%
ETOR eToro Group Ltd. compare 19.5%
LAZ Lazard, Inc. compare 19.5%
PJT PJT Partners Inc. compare 0.00%
IOND Ionic Digital Inc. compare 0.00%
PURR Hyperliquid Strategies Inc compare −52.7%
CLSK Cleanspark, Inc. compare −70.9%
MARA Marathon Digital Holdings, Inc. −106.8%
LCLN Lincoln International Inc. compare —
Capital Markets industry median 0.00%
Financial sector median 9.01%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

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

The full definition of Return on equity →

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