Hut 8 (HUT) Return on Capital Employed (2023 - 2026)

Hut 8 (HUT) reported Return on Capital Employed of 22.42% for Q1 2026, down 2588.0% on a YoY basis from 0.9% in Q1 2025, and down 63.33% quarter-over-quarter from 13.73% in Q4 2025.

Hut 8 (HUT) Return on Capital Employed (2023 - 2026) Analysis & Trends

Hut 8 has reported Return on Capital Employed for 4 years, with the latest figure 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.
  • The five-year high for Return on Capital Employed was 39.87% in Q4 2024, with the low at 22.42% in Q1 2026.
  • Historically, Return on Capital Employed has averaged 11.53% across 4 years, with a median of 19.22% in 2024.
  • Annual changes were most pronounced in 2024 — Return on Capital Employed jumped 3736 bps — and 2025, when it slumped 5360 bps.
  • Hut 8's Return on Capital Employed stood at 2.51% in 2023, then jumped by 1486 bps to 39.87% in 2024, then tumbled by 134 bps to 13.73% in 2025, then tumbled 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 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - -
3 Goldman Sachs 333.85 Bn -603.70 Bn - -
4 Schwab Charles 160.31 Bn 115.33 Bn - -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 27.74%
6 Interactive Brokers 42.79 Bn 53.38 Bn - -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - -
8 Tradeweb Markets 21.20 Bn 19.96 Bn - -
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -6.29%
10 Hut 8 13.75 Bn 13.90 Bn 45.47 Mn -22.42%

Historic Data

Download Data
DateValue
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%