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| 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% |