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| Date | Value |
|---|---|
| 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% |