MARA Holdings MARA
NASDAQ MARA
$11.98 +0.55 (+4.81%)
At close: Sep 11, 2026 · 4:00 PM EDT

MARA Holdings (MARA) Debt Ratio (2011 - 2026)

MARA Holdings' (MARA) quarterly Debt Ratio came in at 0.56 in Q2 2026, up 65.07% year-over-year from 0.34 in Q2 2025, and up 13.88% quarter-over-quarter from 0.49 in Q1 2026.

Analysis

MARA Holdings (MARA) Debt Ratio (2011 - 2026) Analysis & Trends

MARA Holdings has disclosed Debt Ratio across 15 years of filings, most recently posting 0.56 for Q2 2026.

  • In Q2 2026, Debt Ratio rose 65.07% year-over-year to 0.56; the TTM figure through Jun 2026 stood at 0.56 (up 65.07% YoY), while the FY2025 annual figure was 0.49, up 49.56% from the prior year.
  • Debt Ratio came in at 0.56 for Q2 2026 at MARA Holdings, up from 0.49 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.61 in Q4 2022 to a low of 0.03 in Q3 2022.
  • Average Debt Ratio over 5 years is 0.32, with a median of 0.34 recorded in 2025.
  • Year-over-year, Debt Ratio soared 519771.75% in 2022 and tumbled 80.41% in 2024.
  • Over 5 years, Debt Ratio stood at 0.61 in 2022, then slumped by 73.3% to 0.16 in 2023, then jumped by 101.95% to 0.33 in 2024, then jumped by 49.56% to 0.49 in 2025, then advanced by 12.53% to 0.56 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.56 in Q2 2026, 0.49 in Q1 2026, and 0.49 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn -
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn 0.49
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn 0.77
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn 0.26
5 Argo Blockchain 6.30 Bn 6.30 Bn - 0.07
6 MARA Holdings 4.58 Bn 4.22 Bn - 0.56
7 Cleanspark 3.51 Bn 3.30 Bn - 0.67
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn 0.35
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn 0.73
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn 0.01
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.56
Mar 31, 2026 0.49
Dec 31, 2025 0.49
Sep 30, 2025 0.39
Jun 30, 2025 0.34
Mar 31, 2025 0.40
Dec 31, 2024 0.33
Sep 30, 2024 0.17
Jun 30, 2024 0.10
Mar 31, 2024 0.11
Dec 31, 2023 0.16
Sep 30, 2023 0.24
Jun 30, 2023 0.53
Dec 31, 2022 0.61
Sep 30, 2022 0.03
Jun 30, 2022 0.06
Mar 31, 2022 0.47
Dec 31, 2021 0.50
Mar 31, 2021 0.00
Dec 31, 2020 0.00