KPIs & Operating Metrics(New)
Growth Metrics

Bitfarms (BITF) Return on Invested Capital: 2021-2023

  • Bitfarms' Return on Invested Capital fell 219.00% to -2.00% in Q1 2023 from the same period last year, while for Mar 2023 it was -2.00%, marking a year-over-year decrease of 219.00%. This contributed to the annual value of -0.18% for FY2024, which is 6.00% up from last year.
  • Latest data reveals that Bitfarms reported Return on Invested Capital of -2.00% as of Q1 2023, which was down 13.99% from -1.76% recorded in Q4 2022.
  • In the past 5 years, Bitfarms' Return on Invested Capital ranged from a high of 0.19% in Q1 2022 and a low of -2.00% during Q1 2023.
  • Moreover, its 3-year median value for Return on Invested Capital was -0.88% (2021), whereas its average is -0.89%.
  • Data for Bitfarms' Return on Invested Capital shows a maximum YoY plummeted of 219bps (in 2023) over the last 5 years.
  • Over the past 3 years, Bitfarms' Return on Invested Capital (Quarterly) stood at 0.00% in 2021, then tumbled by 176bps to -1.76% in 2022, then crashed by 219bps to -2.00% in 2023.
  • Its Return on Invested Capital was -2.00% in Q1 2023, compared to -1.76% in Q4 2022 and 0.19% in Q1 2022.