MARA Holdings (MARA) Return on Capital Employed (2015 - 2026)

MARA Holdings' (MARA) quarterly Return on Capital Employed came in at 30.15% in Q1 2026, down 2048.0% year-on-year from 1.55% in Q1 2025, and down 89.59% quarter-over-quarter from 15.9% in Q4 2025.

MARA Holdings (MARA) Return on Capital Employed (2015 - 2026) Analysis & Trends

MARA Holdings has disclosed Return on Capital Employed across 12 years of filings, most recently posting 30.15% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 30.15%, down 2048.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.15% (down 2048.0% YoY), and the FY2025 annual result was 18.77%, down 2589.0% from the prior year.
  • Return on Capital Employed came in at 30.15% for Q1 2026 at MARA Holdings, down from 15.9% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 19.5% in Q1 2024 to a low of 51.71% in Q4 2022.
  • The 5-year median for Return on Capital Employed is 9.67% (2025), against an average of 8.28%.
  • Across the five-year window, Return on Capital Employed slumped 4251 bps in 2022 and surged 6507 bps in 2023, its largest moves.
  • MARA Holdings' Return on Capital Employed stood at 51.71% in 2022, then surged by 126 bps to 13.36% in 2023, then plunged by 55 bps to 6.01% in 2024, then slumped by 365 bps to 15.9% in 2025, then plunged by 90 bps to 30.15% in 2026.
  • The last three Return on Capital Employed figures came in at 30.15% (Q1 2026), 15.9% (Q4 2025), and 6.61% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - -
3 Goldman Sachs 317.73 Bn -619.82 Bn - -
4 Schwab Charles 153.74 Bn 108.77 Bn - -
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 27.74%
6 Interactive Brokers 38.91 Bn 49.50 Bn - -
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - -
8 Tradeweb Markets 20.90 Bn 19.65 Bn - -
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn -5.62%
10 MARA Holdings 5.24 Bn 4.80 Bn - -30.15%

Historic Data

Download Data
DateValue
Mar 31, 2026 -30.15%
Dec 31, 2025 -15.90%
Sep 30, 2025 6.61%
Jun 30, 2025 4.63%
Mar 31, 2025 -9.67%
Dec 31, 2024 6.01%
Sep 30, 2024 4.57%
Jun 30, 2024 8.24%
Mar 31, 2024 19.50%
Dec 31, 2023 13.36%
Sep 30, 2023 -27.98%
Dec 31, 2022 -51.71%
Sep 30, 2022 -18.30%
Jun 30, 2022 -19.77%
Mar 31, 2022 -13.59%
Dec 31, 2021 -9.20%
Sep 30, 2021 -16.38%
Jun 30, 2021 -6.21%
Mar 31, 2021 15.26%
Dec 31, 2020 -5.64%