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 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 29.16%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 28.96%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -6.29%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Hut 8 12.46 Bn 5.98 Bn 48.04 Mn -15.84%

Historic Data

Download Data
DateValue
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%