Hut 8 (HUT) Return on Capital Employed (2023 - 2026)
Hut 8's (HUT) quarterly Return on Capital Employed came in at 22.42% in Q1 2026, down 2588.0% YoY from 0.9% in Q1 2025, and down 63.33% on a QoQ basis from 13.73% in Q4 2025.
Hut 8 (HUT) Return on Capital Employed (2023 - 2026) Analysis & Trends
Hut 8 (HUT) has 4 years of Return on Capital Employed data on file, last reported at 22.42% in Q1 2026.
- Quarterly Return on Capital Employed fell 2588.0% year-over-year to 22.42% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.42% (down 2588.0% YoY) and the FY2025 annual result came in at 18.29%, down 6548.0% from the prior year.
- Return on Capital Employed retreated to 22.42% in Q1 2026, from 13.73% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 39.87% in Q4 2024 to a low of 22.42% in Q1 2026.
- A 4-year average of 11.45% and a median of 19.22% in 2024 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2024 — Return on Capital Employed surged 3760 bps — and 2025, when it slumped 5360 bps.
- Tracing HUT's Return on Capital Employed over 4 years: stood at 2.27% in 2023, then jumped by 1655 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 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 28.96% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 4.11% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 29.16% |
| 10 | Hut 8 | 9.41 Bn | 2.62 Bn | 48.04 Mn | -15.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -15.84% |
| 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 | 20.40% |
| Mar 31, 2024 | 36.29% |
| Dec 31, 2023 | 2.27% |
| Sep 30, 2023 | 0.82% |