Hut 8 (HUT) EV to EBIT (2023 - 2025)
Hut 8's (HUT) EV to EBIT was 9.83 for Q3 2025, up 72.8% from 5.68 a year earlier and up 70.5% from the prior quarter.
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Analysis
Hut 8 (HUT) EV to EBIT (2023 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2025, Hut 8's EV to EBIT came in at 8.79, up 93.6% year-over-year; for FY2024, it was 4.25, down 92.7% from FY2023.
- By year, EV to EBIT came in at 58.38 in FY2023.
- Five-year quarterly EV to EBIT spans a low of 3.50 in Q1 2024 and a high of 63.60 in Q4 2023.
- Year over year, EV to EBIT gained in two of the last four quarters, with growth averaging 143.1%.
- Per Business Quant data, the three quarters before Q3 2025 came in at 5.76 (Q2 2025), 24.55 (Q1 2025) and 4.25 (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | PayPal Holdings | 48.14 Bn | 6.36 Bn | - |
| 2 | Block | 44.55 Bn | 15.85 Bn | 3.17 Bn |
| 3 | Coinbase Global | 42.01 Bn | -1.19 Bn | - |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - |
| 5 | Fiserv | 25.73 Bn | 22.41 Bn | 2.90 Bn |
| 6 | Global Payments | 22.10 Bn | -111.04 Mn | 2.03 Bn |
| 7 | Guidewire Software | 15.51 Bn | 12.07 Bn | 269.68 Mn |
| 8 | Jack Henry & Associates | 11.67 Bn | 11.57 Bn | 273.85 Mn |
| 9 | Bitmine Immersion Technologies | 11.56 Bn | 8.94 Bn | 40.81 Mn |
| 10 | Hut 8 | 7.45 Bn | 6.98 Bn | 48.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 9.83 |
| Jun 30, 2025 | 5.76 |
| Mar 31, 2025 | 24.55 |
| Dec 31, 2024 | 4.25 |
| Sep 30, 2024 | 5.68 |
| Jun 30, 2024 | 6.25 |
| Mar 31, 2024 | 3.49 |
| Dec 31, 2023 | 58.38 |
| Sep 30, 2023 | 191.03 |
API Access
Hut 8 EV to EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=HUT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "HUT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=HUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();