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| Date | Value |
|---|---|
| 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 |