Marathon Digital Inc.
MARA | NASDAQ
$13.79
+$0.51 (+3.84%)
Sep 22, 2026, 2:47 PM ET · Market open
Market Data
Market Cap $5.06B
Enterprise Value $4.98B
Beta 5.34
Average Volume 45.69M
Shares Outstanding (Diluted) 381.57M
Shares Change YoY -13.46%
Institutional Ownership 64.63%
Exchange NASDAQ
ISIN US5657881067
Price Performance
Price Change 1M 18.4%
Price Change 3M -9.7%
Price Change 6M 60.4%
Price Change YTD 34.0%
Price Change 1Y -27.6%
Price Change 3Y 53.2%
Price Change 5Y -63.3%
1M CAGR (ann.) 31.6%
1Y CAGR (ann.) -28.2%
5Y CAGR (ann.) -17.9%
All-Time CAGR -14.2%
Valuation
PE Ratio -1.41
Forward PE N/A
PEG Ratio 0.01
Forward PEG 0.02
PS Ratio 6.30
Forward PS 5.30
PB Ratio 1.32
P/FCF Ratio -3.23
P/Adj. FCF Ratio -2.91
P/OCF Ratio -4.44
EV/Sales 6.19
EV/EBIT -2.55
EV/EBITDA -2.84
EV/FCF -3.18
Earnings Yield -71.2%
FCF Yield -30.9%
Adj. FCF Yield -34.4%
Financial Health
Net Cash $82.36M
Total Debt $338.91M
Cash & Short-Term Investments $421.27M
Total Assets $3.82B
Current Ratio 0.89
Quick Ratio 0.89
Debt / Equity Ratio 1.49
Debt / EBITDA -0.19
Debt / FCF -0.22
OCF / Debt -3.37
Interest Coverage -18.81
Altman Z-Score -1.50
Piotroski F-Score 4
Margins & Profitability
Gross Profit Margin -8.5%
Operating Profit Margin -131.1%
EBITDA Margin -216.4%
Net Profit Margin -429.7%
FCF Margin -194.7%
Adj. FCF Margin -216.6%
SBC / Revenue 21.9%
SBC Impact (per share) -11.3%
Returns
Return on Assets -79.5%
Return on Equity -110.4%
Return on Invested Capital -17.9%
Return on Capital Employed -21.3%
Return on Tangible Assets -81.9%
Historical Growth (CAGR)
Revenue CAGR 3Y 66.6%
Revenue CAGR 5Y 80.5%
Revenue CAGR 10Y 32.0%
EPS CAGR 3Y -260.9%
EPS CAGR 5Y -42.5%
EPS CAGR 10Y 33.7%
FCF CAGR 3Y -78.3%
FCF CAGR 5Y -45.6%
FCF CAGR 10Y -38.6%
Analyst Forecasts
Analyst Rating Buy
Analyst Count 20
EPS Growth Next 3Y 29.4%
Revenue Growth Next 3Y 22.5%
Earnings Date Nov 2, 2026
EPS Estimate (next Q) -$0.10
EPS Growth Est (next Q) -137.3%
Revenue Est (next Q) $181.34M
Revenue Growth Est (next Q) -28.2%
Fair Value Estimates
Graham Number N/A
Graham Upside N/A
Lynch Fair Value N/A
Lynch Upside N/A
Price Target $13.25
Price Target Upside -0.2%
Cash Flow
Operating Cash Flow $-1.14B
Free Cash Flow $-1.57B
Adj. Free Cash Flow $-1.74B
FCF Per Share -$4.10
OCF Per Share -$2.99
OCF/S Ratio -142.1%
Income Statement
Revenue $804.22M
Gross Profit $-194.16M
Operating Income $-1.05B
EBITDA $-1.75B
Net Income $-3.46B
EPS (Diluted) -$9.45
Revenue / Employee $3.02M
Profit / Employee $-12.99M
Employees 266
Add to Watchlist
Select watchlists to add or remove MARA