Hut 8 (HUT) Debt to Equity (2023 - 2025)
Hut 8 posted quarterly Debt to Equity of $0.0 for Q3 2025, down 99.36% year-on-year from $0.42 in Q3 2024, and up 106.2% on a QoQ basis from $0.0 in Q2 2025.
Hut 8 (HUT) has 3 years of Debt to Equity data on file, last reported at $0.0 in Q3 2025.
- For the quarter ending Q3 2025, Debt to Equity fell 99.36% year-over-year to $0.0; the trailing twelve-month figure through Sep 2025 stood at $0.0 (down 99.36% YoY), and the FY2024 full-year result was $0.26, down 32.6% from the prior year.
- Debt to Equity for Q3 2025 stood at $0.0, up from $0.0 in the prior quarter.
- Across five years, Debt to Equity topped out at $6.03 in Q3 2023 and bottomed at $0.0 in Q1 2025.
- The 3-year median for Debt to Equity is $0.32 (2023), against an average of $1.33.
- The widest annual swing landed in 2024, when Debt to Equity plunged 32.6%; it then slumped 99.74% in 2025.
- A 3-year view of Debt to Equity shows it stood at $0.38 in 2023, then slumped by 32.6% to $0.26 in 2024, then sank by 98.96% to $0.0 in 2025.
- The last three Debt to Equity figures came in at $0.0 (Q3 2025), $0.0 (Q2 2025), and $0.0 (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 1.04 |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 2.11 |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | - |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | - |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | - |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | - |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.00 |
| Jun 30, 2025 | 0.00 |
| Mar 31, 2025 | 0.00 |
| Dec 31, 2024 | 0.26 |
| Sep 30, 2024 | 0.42 |
| Jun 30, 2024 | 0.49 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.38 |
| Sep 30, 2023 | 6.03 |
| Jun 30, 2023 | 5.48 |