MARA Holdings (MARA) Debt Ratio (2010 - 2026)
MARA Holdings' (MARA) Debt Ratio came in at 0.56 for Q2 2026, up 65.1% from 0.34 a year earlier and up 13.9% from the prior quarter.
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Analysis
MARA Holdings (MARA) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025, MARA Holdings' Debt Ratio stood at 0.49, up 49.6% from FY2024.
- In prior years, MARA Holdings' Debt Ratio was 0.33 in FY2024 (+101.9%), 0.16 in FY2023 (-73.3%), 0.61 in FY2022 (+21.5%) and 0.50 in FY2021.
- The Q2 2026 figure stands as the highest quarterly Debt Ratio since Q4 2022.
- On a year-over-year basis, Debt Ratio has increased in each of the last seven quarters, with growth averaging 102.6% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q3 2023, with growth of 595.7%; the weakest was Q2 2024, with a decline of 80.4%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.49 (Q1 2026), 0.49 (Q4 2025) and 0.39 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.67 Bn | 7.89 Bn | - | 0.16 |
| 2 | Block | 46.56 Bn | 17.86 Bn | 3.17 Bn | 0.18 |
| 3 | Coinbase Global | 45.63 Bn | 2.44 Bn | - | 0.25 |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - | 0.38 |
| 5 | Fiserv | 25.31 Bn | 21.98 Bn | 2.90 Bn | 0.34 |
| 6 | Global Payments | 22.57 Bn | 361.32 Mn | 2.03 Bn | 0.37 |
| 7 | Guidewire Software | 14.23 Bn | 10.79 Bn | 269.68 Mn | 0.26 |
| 8 | Bitmine Immersion Technologies | 11.95 Bn | 9.33 Bn | 40.81 Mn | - |
| 9 | Chime Financial | 11.27 Bn | 7.06 Bn | 594.87 Mn | 0.03 |
| 10 | MARA Holdings | 2.88 Bn | 572.29 Mn | - | 0.56 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 0.36 |
| 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 |
API Access
MARA Holdings Debt Ratio 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=debt-ratio&ticker=MARA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "MARA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=MARA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();