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 Earnings (2012 - 2026)

MARA Holdings' (MARA) quarterly Price to Earnings came in at 8.7 in Q2 2026, down 223.77% year-over-year from 7.03 in Q2 2025, and down 252.62% quarter-over-quarter from 2.47 in Q1 2026.

Analysis

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

MARA Holdings has disclosed Price to Earnings across 15 years of filings, most recently posting 8.7 for Q2 2026.

  • In Q2 2026, Price to Earnings fell 223.77% year-over-year to 8.7; the TTM figure through Jun 2026 stood at 1.53 (down 118.34% YoY), while the FY2025 annual figure was 2.6, down 124.65% from the prior year.
  • Price to Earnings came in at 8.7 for Q2 2026 at MARA Holdings, down from 2.47 in the prior quarter.
  • In the past five years, Price to Earnings ranged from a high of 56.15 in Q3 2025 to a low of 4580.95 in Q3 2023.
  • Average Price to Earnings over 5 years is 274.96, with a median of 2.66 recorded in 2022.
  • The largest YoY upside for Price to Earnings was 2970.48% in 2023 against a maximum downside of 26433.51% in 2023.
  • Over 5 years, Price to Earnings stood at 0.99 in 2022, then soared by 2970.48% to 28.45 in 2023, then tumbled by 62.05% to 10.8 in 2024, then sank by 118.46% to 1.99 in 2025, then slumped by 336.51% to 8.7 in 2026.
  • Per Business Quant data, the three most recent Price to Earnings figures were 8.7 in Q2 2026, 2.47 in Q1 2026, and 1.99 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 -8.70
Mar 31, 2026 -2.47
Dec 31, 2025 -1.99
Sep 30, 2025 56.15
Jun 30, 2025 7.03
Mar 31, 2025 -7.47
Dec 31, 2024 10.80
Sep 30, 2024 -39.63
Jun 30, 2024 -28.54
Mar 31, 2024 18.01
Dec 31, 2023 28.45
Sep 30, 2023 -4,580.95
Jun 30, 2023 -217.86
Mar 31, 2023 12.29
Dec 31, 2022 -0.99
Sep 30, 2022 -17.26
Jun 30, 2022 -2.86
Mar 31, 2022 -173.25
Dec 31, 2021 188.73
Sep 30, 2021 -146.00