MARA Holdings MARA
NASDAQ MARA
$11.31 -0.29 (-2.50%)
At close: Sep 4, 2026 · 4:00 PM EDT

MARA Holdings (MARA) Price to Book (2012 - 2026)

MARA Holdings' (MARA) quarterly Price to Book came in at 3.16 in Q2 2026, up 167.03% year-over-year from 1.18 in Q2 2025, and up 128.82% quarter-over-quarter from 1.38 in Q1 2026.

Analysis

MARA Holdings (MARA) Price to Book (2012 - 2026) Analysis & Trends

MARA Holdings has disclosed Price to Book across 15 years of filings, most recently posting 3.16 for Q2 2026.

  • In Q2 2026, Price to Book rose 167.03% year-over-year to 3.16; the TTM figure through Jun 2026 stood at 3.16 (up 167.03% YoY), while the FY2025 annual figure was 0.98, down 28.97% from the prior year.
  • Price to Book came in at 3.16 for Q2 2026 at MARA Holdings, up from 1.38 in the prior quarter.
  • In the past five years, Price to Book ranged from a high of 4.06 in Q2 2023 to a low of 0.95 in Q2 2022.
  • Average Price to Book over 5 years is 1.99, with a median of 1.74 recorded in 2023.
  • Year-over-year, Price to Book tumbled 82.37% in 2022 and jumped 327.8% in 2023.
  • Over 5 years, Price to Book stood at 1.01 in 2022, then surged by 165.8% to 2.67 in 2023, then slumped by 48.38% to 1.38 in 2024, then decreased by 28.97% to 0.98 in 2025, then soared by 222.77% to 3.16 in 2026.
  • Per Business Quant data, the three most recent Price to Book figures were 3.16 in Q2 2026, 1.38 in Q1 2026, and 0.98 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

Historic Data

Download Data
DateValue
Jun 30, 2026 3.16
Mar 31, 2026 1.38
Dec 31, 2025 0.98
Sep 30, 2025 1.34
Jun 30, 2025 1.18
Mar 31, 2025 1.07
Dec 31, 2024 1.38
Sep 30, 2024 1.73
Jun 30, 2024 2.16
Mar 31, 2024 2.45
Dec 31, 2023 2.67
Sep 30, 2023 1.75
Jun 30, 2023 4.06
Mar 31, 2023 2.67
Dec 31, 2022 1.01
Sep 30, 2022 2.05
Jun 30, 2022 0.95
Mar 31, 2022 3.82
Dec 31, 2021 4.90
Sep 30, 2021 4.90