Hut 8 (HUT) Equity Ratio (2023 - 2026)

Hut 8 (HUT) reported Equity Ratio of 0.65 for Q1 2026, up 3.07% on a YoY basis from 0.63 in Q1 2025, and up 5.56% quarter-over-quarter from 0.61 in Q4 2025.

Hut 8 (HUT) Equity Ratio (2023 - 2026) Analysis & Trends

Hut 8 has reported Equity Ratio for 4 years, with the latest figure at 0.65 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio rose 3.07% year-over-year to 0.65; the trailing twelve-month figure through Mar 2026 stood at 0.65 (up 3.07% YoY), and the FY2025 full-year result was 0.61, down 4.97% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.65, up from 0.61 in the prior quarter.
  • The five-year high for Equity Ratio was 0.74 in Q1 2024, with the low at 0.13 in Q3 2023.
  • Historically, Equity Ratio has averaged 0.56 across 4 years, with a median of 0.64 in 2024.
  • Annual changes were most pronounced in 2024 — Equity Ratio jumped 397.29% — and 2025, when it slipped 15.24%.
  • Hut 8's Equity Ratio stood at 0.66 in 2023, then slipped by 1.92% to 0.65 in 2024, then retreated by 4.97% to 0.61 in 2025, then gained by 5.56% to 0.65 in 2026.
  • The last three Equity Ratio figures came in at 0.65 (Q1 2026), 0.61 (Q4 2025), and 0.62 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 0.07
3 Goldman Sachs 333.85 Bn -603.70 Bn - 0.06
4 Schwab Charles 160.31 Bn 115.33 Bn - 0.10
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 0.21
6 Interactive Brokers 42.79 Bn 53.38 Bn - 0.03
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 0.30
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 0.88
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 0.37
10 Hut 8 13.75 Bn 13.90 Bn 45.47 Mn 0.65

Historic Data

Download Data
DateValue
Mar 31, 2026 0.65
Dec 31, 2025 0.61
Sep 30, 2025 0.62
Jun 30, 2025 0.69
Mar 31, 2025 0.63
Dec 31, 2024 0.65
Sep 30, 2024 0.65
Jun 30, 2024 0.61
Mar 31, 2024 0.74
Dec 31, 2023 0.66
Sep 30, 2023 0.13
Jun 30, 2023 0.14