Marathon Digital Holdings Inc (MARA)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 541,253 | 236,129 | 360,528 | 551,225 | 332,751 | -283,379 | -355,451 | -559,115 | -694,923 | -291,593 | -241,304 | -137,563 | -37,097 | -52,935 | -32,756 | 73,968 | -10,447 | -6,365 | -5,125 | -3,530 |
| Total stockholders’ equity | US$ in thousands | 4,129,030 | 2,855,590 | 2,642,660 | 2,476,890 | 1,615,920 | 1,019,950 | 594,496 | 545,869 | 385,941 | 625,102 | 659,448 | 776,394 | 682,100 | 660,416 | 580,519 | 683,723 | 311,745 | 36,287 | 9,658 | 3,170 |
| ROE | 13.11% | 8.27% | 13.64% | 22.25% | 20.59% | -27.78% | -59.79% | -102.43% | -180.06% | -46.65% | -36.59% | -17.72% | -5.44% | -8.02% | -5.64% | 10.82% | -3.35% | -17.54% | -53.06% | -111.36% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $541,253K ÷ $4,129,030K
= 13.11%
Marathon Digital Holdings Inc has shown fluctuating Return on Equity (ROE) figures over the analyzed periods. The ROE was negative in the earlier quarters, indicating that the company's net income was insufficient to cover shareholders' equity, leading to value erosion. Subsequently, the ROE improved and turned positive in the later periods, demonstrating the company's ability to generate profits relative to shareholders' equity.
The positive ROE figures in the latter quarters suggest that Marathon Digital Holdings Inc has been more efficient in utilizing its equity to generate profits for shareholders. However, the ROE dropped again towards the end of the analyzed period, raising concerns about the company's profitability relative to equity in those quarters.
Overall, fluctuations in ROE indicate varying levels of profitability and efficiency in managing shareholder equity during the analyzed periods. Further analysis of the company's financial performance and operational strategies may be needed to understand the factors influencing these ROE trends.
Peer comparison
Dec 31, 2024