MARA Holdings (MARA) EV to EBIT (2012 - 2026)
MARA Holdings' (MARA) quarterly EV to EBIT came in at 9.5 in Q2 2026, down 216.2% year-over-year from 8.17 in Q2 2025, and down 278.45% quarter-over-quarter from 2.51 in Q1 2026.
Analysis
MARA Holdings (MARA) EV to EBIT (2012 - 2026) Analysis & Trends
MARA Holdings has disclosed EV to EBIT across 15 years of filings, most recently posting 9.5 for Q2 2026.
- In Q2 2026, EV to EBIT fell 216.2% year-over-year to 9.5; the TTM figure through Jun 2026 stood at 1.68 (down 109.3% YoY), while the FY2025 annual figure was 2.32, down 113.42% from the prior year.
- EV to EBIT came in at 9.5 for Q2 2026 at MARA Holdings, down from 2.51 in the prior quarter.
- In the past five years, EV to EBIT ranged from a high of 127.74 in Q3 2025 to a low of 686.27 in Q4 2022.
- Average EV to EBIT over 5 years is 59.69, with a median of 4.74 recorded in 2026.
- Year-over-year, EV to EBIT plunged 20304.22% in 2023 and soared 562.66% in 2025.
- Over 5 years, EV to EBIT stood at 686.27 in 2022, then surged by 103.11% to 21.37 in 2023, then retreated by 27.23% to 15.55 in 2024, then plunged by 112.97% to 2.02 in 2025, then plunged by 370.76% to 9.5 in 2026.
- Per Business Quant data, the three most recent EV to EBIT figures were 9.5 in Q2 2026, 2.51 in Q1 2026, and 2.02 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.50 |
| Mar 31, 2026 | -2.51 |
| Dec 31, 2025 | -2.02 |
| Sep 30, 2025 | 127.74 |
| Jun 30, 2025 | 8.17 |
| Mar 31, 2025 | -6.96 |
| Dec 31, 2024 | 15.55 |
| Sep 30, 2024 | -27.61 |
| Jun 30, 2024 | -23.30 |
| Mar 31, 2024 | 15.44 |
| Dec 31, 2023 | 21.37 |
| Sep 30, 2023 | -14.25 |
| Jun 30, 2023 | -338.25 |
| Mar 31, 2023 | 10.93 |
| Dec 31, 2022 | -686.27 |
| Sep 30, 2022 | -22.48 |
| Jun 30, 2022 | -1.66 |
| Mar 31, 2022 | -138.74 |
| Dec 31, 2021 | 83.42 |
| Sep 30, 2021 | -139.52 |