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

MARA Holdings (MARA) posted Return on Capital Employed of 30.15% for Q1 2026, down 89.59% sequentially from 15.9% in Q4 2025, and down 2048.0% YoY from 1.55% in Q1 2025.

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

MARA Holdings (MARA) has 12 years of Return on Capital Employed data on file, last reported at 30.15% in Q1 2026.

  • Quarterly Return on Capital Employed fell 2048.0% year-over-year to 30.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 30.15% (down 2048.0% YoY) and the FY2025 annual result came in at 18.77%, down 2589.0% from the prior year.
  • Return on Capital Employed fell to 30.15% in Q1 2026 per MARA's latest filing, from 15.9% in the prior quarter.
  • The five-year high for Return on Capital Employed was 19.5% in Q1 2024, with the low at 51.71% in Q4 2022.
  • Average Return on Capital Employed over 5 years is 8.28%, with a median of 9.67% recorded in 2025.
  • Year-over-year, Return on Capital Employed plunged 4251 bps in 2022 and soared 6507 bps in 2023.
  • MARA Holdings' Return on Capital Employed stood at 51.71% in 2022, then surged by 126 bps to 13.36% in 2023, then sank by 55 bps to 6.01% in 2024, then tumbled by 365 bps to 15.9% in 2025, then sank by 90 bps to 30.15% in 2026.
  • Business Quant data shows MARA's Return on Capital Employed at 30.15% in Q1 2026, 15.9% in Q4 2025, and 6.61% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 29.16%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 27.74%
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 -5.62%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -6.29%
10 MARA Holdings 5.08 Bn 4.65 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%