MARA Holdings (MARA) Debt Ratio (2014 - 2026)

MARA Holdings (MARA) posted Debt Ratio of 0.48 for Q1 2026, down 1.84% sequentially from 0.49 in Q4 2025, and up 781.06% YoY from 0.05 in Q1 2025.

MARA Holdings (MARA) Debt Ratio (2014 - 2026) Analysis & Trends

MARA Holdings (MARA) has 13 years of Debt Ratio data on file, last reported at 0.48 in Q1 2026.

  • Quarterly Debt Ratio rose 781.06% year-over-year to 0.48 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.48 (up 781.06% YoY) and the FY2025 annual result came in at 0.49, up 1557.69% from the prior year.
  • Debt Ratio slipped to 0.48 in Q1 2026 per MARA's latest filing, from 0.49 in the prior quarter.
  • The five-year high for Debt Ratio was 0.53 in Q2 2023, with the low at 0.03 in Q4 2024.
  • Average Debt Ratio over 5 years is 0.27, with a median of 0.2 recorded in 2023.
  • The widest YoY moves for Debt Ratio: up 515645.87% in 2022, down 91.72% in 2022.
  • MARA Holdings' Debt Ratio stood at 0.04 in 2022, then surged by 291.93% to 0.16 in 2023, then plunged by 82.02% to 0.03 in 2024, then surged by 1557.69% to 0.49 in 2025, then dropped by 1.84% to 0.48 in 2026.
  • Business Quant data shows MARA's Debt Ratio at 0.48 in Q1 2026, 0.49 in Q4 2025, and 0.04 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 0.08
2 Goldman Sachs 309.79 Bn -627.76 Bn - 0.13
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 0.00
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn -
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -
10 MARA Holdings 5.08 Bn 4.65 Bn - 0.48

Historic Data

Download Data
DateValue
Mar 31, 2026 0.48
Dec 31, 2025 0.49
Sep 30, 2025 0.04
Jun 30, 2025 0.34
Mar 31, 2025 0.05
Dec 31, 2024 0.03
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 0.04
Sep 30, 2022 0.50
Jun 30, 2022 0.51
Mar 31, 2022 0.47
Dec 31, 2021 0.50
Mar 31, 2021 0.00
Dec 31, 2020 0.00
Sep 30, 2020 0.00