Hut 8 (HUT) Return on Invested Capital [ROIC] (2023 - 2026)
Hut 8 (HUT) reported Return on Invested Capital [ROIC] of -13.57% for Q2 2026, down 25.63 percentage points from 12.07% a year earlier but up 7.73 percentage points from the prior quarter.
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Analysis
Hut 8 (HUT) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2025, Hut 8 posted Return on Invested Capital [ROIC] of -15.76%, down 51.02 percentage points from FY2024.
- By year, Return on Invested Capital [ROIC] came in at 35.26% in FY2024 (+32.86 pp) and 2.40% in FY2023.
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of -21.30% in Q1 2026 and a high of 34.49% in Q1 2024.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last six quarters, with an average year-over-year change of -15.80 percentage points over the last seven quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at -21.30% (Q1 2026), -12.99% (Q4 2025) and 12.74% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 2.52% |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 14.60% |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | 0.76% |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | -4.41% |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | 11.41% |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | 0.00% |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 6.58% |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 22.66% |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 3.07% |
| 10 | Hut 8 | 6.49 Bn | 3.06 Bn | 40.85 Mn | -6.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -6.11% |
| Jun 30, 2026 | -13.57% |
| Mar 31, 2026 | -21.30% |
| Dec 31, 2025 | -12.99% |
| Sep 30, 2025 | 12.74% |
| Jun 30, 2025 | 12.07% |
| Mar 31, 2025 | 0.00% |
| Dec 31, 2024 | 30.11% |
| Sep 30, 2024 | 18.78% |
| Jun 30, 2024 | 19.81% |
| Mar 31, 2024 | 34.49% |
| Dec 31, 2023 | 2.44% |
| Sep 30, 2023 | 1.21% |
API Access
Hut 8 Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=HUT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=HUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();