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

Riot Platforms, Inc.

RIOT Financial Capital Markets

Riot Platforms, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $647.4 million, up 71.9% from fiscal 2024.

Revenue
+0.66%
EPS
−96.7%
Free cash flow
−276.7%
Total debt
−29.8%

Quarter to September 2026, against a year earlier

15.11 0.26 −1.69%
Market cap
$5.5B
P/E
0.0×
Fwd P/E
−4.6×
Dividend yield
—
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Riot Platforms, Inc. (RIOT) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Riot Platforms, Inc. (RIOT) trades at a P/B ratio of 2.5×. Over the past ten years it has ranged from 0.0× (June 2019) to 19.5× (December 2017); the current reading is higher than 73% of that period. That is above the Capital Markets industry median of 1.4× and above the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.5× 68.50%
FY2024 0.9× (37.26%)
FY2023 1.4× 250.06%
FY2022 0.4× (73.63%)
FY2021 1.5× (39.88%)
FY2020 2.6× 207.40%
FY2019 0.8× (81.70%)
FY2018 4.6× 14.13%
FY2017 4.0× 285.35%
FY2016 1.0× 65.82%

Quarterly newest first

Period P/B ratio Change
Sep 2026 3.4× (22.31%)
Jun 2026 4.3× 141.99%
Mar 2026 1.8× 18.80%
Dec 2025 1.5× (19.86%)
43 more quarters

Against its own ten years

Low 0.0× High 19.5×
Ten-year median 1.5×
Current reading's percentile 73

P/B ratio against peers

Company P/B ratio
GLXY Galaxy Digital Inc. compare 0.9×
MRX Marex Group PLC compare 2.5×
RIOT Riot Platforms, Inc. 2.5×
HUT Hut 8 Corp. compare 3.0×
FIGR Figure Technology Solutions, Inc. compare 3.4×
BGC BGC Group, Inc. compare 3.9×
MKTX MarketAxess Holdings Inc. compare 4.7×
MC Moelis & Company compare 6.9×
WULF TeraWulf Inc. compare 33.3×
Capital Markets industry median 1.4×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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