Hut 8 (HUT) Return on Capital Employed (2023 - 2026)
Hut 8 posted quarterly Return on Capital Employed of 22.42% for Q1 2026, down 2588.0% year-on-year from 0.9% in Q1 2025, and down 63.33% on a QoQ basis from 13.73% in Q4 2025.
Hut 8 (HUT) has 4 years of Return on Capital Employed data on file, last reported at 22.42% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 2588.0% year-over-year to 22.42%; the trailing twelve-month figure through Mar 2026 stood at 22.42% (down 2588.0% YoY), and the FY2025 full-year result was 18.29%, down 6548.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 22.42%, down from 13.73% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 39.87% in Q4 2024 and bottomed at 22.42% in Q1 2026.
- The 4-year median for Return on Capital Employed is 19.22% (2024), against an average of 11.53%.
- The widest annual swing landed in 2024, when Return on Capital Employed jumped 3736 bps; it then plunged 5360 bps in 2025.
- A 4-year view of Return on Capital Employed shows it stood at 2.51% in 2023, then surged by 1486 bps to 39.87% in 2024, then slumped by 134 bps to 13.73% in 2025, then slumped by 63 bps to 22.42% in 2026.
- The last three Return on Capital Employed figures came in at 22.42% (Q1 2026), 13.73% (Q4 2025), and 19.31% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 27.74% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | -5.62% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -6.29% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | - |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -22.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.42% |
| Dec 31, 2025 | -13.73% |
| Sep 30, 2025 | 19.31% |
| Jun 30, 2025 | 20.43% |
| Mar 31, 2025 | 3.45% |
| Dec 31, 2024 | 39.87% |
| Sep 30, 2024 | 19.22% |
| Jun 30, 2024 | 20.49% |
| Mar 31, 2024 | 36.40% |
| Dec 31, 2023 | 2.51% |
| Sep 30, 2023 | 1.31% |