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MARA Holdings, Inc.

MARA

$10.10 ▼ -0.31 (-2.98%) at close

16 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

MARA Holdings, Inc. faces fundamental challenges with weakness in Return on Common Equity (%) and Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $3.6B

Dividend Yield —

Revenue Growth 38.2% ↘

Op. Margin -135.0% ↘

ROIC -16.6% ↘

FCF / Share $-3.41 ↘

Trailing P/E —

Price / Book 1.1x

FCF Yield —

Debt / Equity 1.04

info Valuation on last close. End-of-day price, Aug 7, 2026.

16-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$907.09M

↑ +38.2% —

Net Income Profit after all expenses

$-1.31B

↓ -342.3% —

Operating Margin Operating profit as % of sales

-135.0%

↓ -389.4% 1th

FCF / Share Free cash flow per share

$-3.41

↓ -6.4% —

Long-Term Debt Long-term obligations

$3.60B

↑ +47.1% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns ↓

Financial Health ↓

Cash Quality ↓

Financial view

Statement lens

Choose the reporting cadence, isolate a period range, or search directly for a metric.

Cadence

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Oct 31, 2011 10-K ↗	FY 2010 Oct 31, 2010 10-K ↗
Revenue Growth YoY (%)	38.2% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+537%)	69.4% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1056%)	229.1% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+3718%)	-26.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-534%)	3552.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+59111%)	267.6% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+4361%)	-24.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-502%)	200.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+3245%)	-98.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1743%)	93.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1450%)	-11.3% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-289%)	526.2% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+8669%)	—	—	—	—
EPS Growth YoY (%)	N/M	32.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	N/M	-1554.1% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-184.6% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	-58.8% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-340.7% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—
Net Income Growth YoY (%)	N/M	107.2% Excellent ↑ Excellent Improving Year-over-year change in net income	N/M	-1770.9% Weak ↓ Weak Declining Year-over-year change in net income	-255.1% Weak ↓ Weak Declining Year-over-year change in net income	-197.1% Weak ↓ Weak Declining Year-over-year change in net income	72.6% Excellent ↑ Excellent Improving Year-over-year change in net income	59.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-9.3% Weak ↑ Weak Improving Year-over-year change in net income	-69.2% Weak ↑ Weak Improving Year-over-year change in net income	-437.2% Weak ↑ Weak Improving Year-over-year change in net income	8.6% Fair ↑ Fair Improving Year-over-year change in net income	50.2% Excellent Excellent Year-over-year change in net income	-20957.2% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	-6.4% Weak ↑ Weak Improving Year-over-year change in free cash flow	-71.4% Weak ↑ Weak Improving Year-over-year change in free cash flow	2.6% Caution ↑ Caution Improving Year-over-year change in free cash flow	34.9% Excellent Excellent Year-over-year change in free cash flow	-2986.9% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—	N/M	—	—	—	—	—
Revenue CAGR 3Y (%)	97.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	60.4% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	346.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	363.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	367.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	103.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	-68.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-56.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-71.0% Weak Weak Compound annual revenue growth over 3 years	120.5% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—	—	—
Revenue CAGR 5Y (%)	190.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	253.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	201.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	195.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	34.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	-25.5% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-43.9% Weak Weak Compound annual revenue growth over 5 years	-14.5% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Oct 31, 2011 10-K ↗	FY 2010 Oct 31, 2010 10-K ↗
Operating Margin (%) (%)	-135.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-640%)	46.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+87%)	57.0% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+128%)	—	-8.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-132%)	-225.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1003%)	-357.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1531%)	—	—	-42.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-270%)	-135.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-641%)	-29.0% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-216%)	-107.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-530%)	—	—	—
Effective Tax Rate (%) (%)	4.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	12.2% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	5.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	3.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-155.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	-0.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-66.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	32.5% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	72.3% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—
Profit Margin (%) (%)	-144.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-757%)	82.5% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+275%)	67.4% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+206%)	—	-23.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-206%)	-239.8% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1190%)	-296.7% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1449%)	—	—	-78.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-456%)	-89.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-506%)	-14.7% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-167%)	-100.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-559%)	—	—	—
FCF Margin (%) (%)	-133.4% Weak → Weak Stable Free cash flow as a percentage of revenue Optimal: > 10%	-141.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-88.6% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-184.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-184.0% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-178.4% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-280.4% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	-15.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	20.6% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	-44.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—
FCF / Net Income (x)	0.92x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	-1.71x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.31x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.31x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	7.89x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.74x Caution → Caution Stable Free cash flow relative to reported net income Optimal: > 1x	0.95x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	1.05x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.35x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	—	0.18x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-1.40x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.45x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.18x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	1.10x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Oct 31, 2011 10-K ↗	FY 2010 Oct 31, 2010 10-K ↗
Return on Invested Capital (%)	-16.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	4.1% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	10.7% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	-55.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-2.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-3.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-72.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-309.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-154.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	284.4% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-136.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-7.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-23.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-111.1% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	339.8% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-16.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.5% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	11.1% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	-56.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-0.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-3.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-64.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-232.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-94.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-85.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-54.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-10.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-28.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-137.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	-967.6% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	-37.8% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-415%)	13.1% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+9%)	16.2% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+35%)	-179.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1599%)	-5.4% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-145%)	-3.4% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-128%)	-96.4% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-903%)	—	—	—	-133.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1214%)	-13.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-208%)	-28.3% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-336%)	-175.9% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1565%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Oct 31, 2011 10-K ↗	FY 2010 Oct 31, 2010 10-K ↗
Debt to Equity (x)	1.04x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-14%)	0.59x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-51%)	0.20x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-83%)	2.03x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+69%)	1.07x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-11%)	—	0.27x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-77%)	0.34x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-71%)	0.24x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-80%)	—	—	—	—	—	—	—
Interest Coverage (x)	-37.89x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	451.49x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	29.89x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	-44.96x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-8.07x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-468.60x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-81.65x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-148.21x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-10.83x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-4.96x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-6.05x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-11.42x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-3419.03x Weak Weak Operating income divided by interest expense Optimal: > 5x	-36215.44x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—
Net Debt (USD)	$3.05B	$2.05B	$-31.66M	$678.47M	$459.85M	$-141.32M	$306.14K	$-1.55M	$-13.18M	$-5.00M	$-2.60M	—	—	—	—	—
Debt / EBITDA (x)	-7.72x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.45x Caution ↓ Caution Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.81x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-1.31x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	325.04x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	-0.30x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.10x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.12x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Oct 31, 2011 10-K ↗	FY 2010 Oct 31, 2010 10-K ↗
Revenue per Share (USD)	$2.55	$2.26	$2.11	$1.04	$1.60	$0.05	—	—	—	$2.41	$1.34	$1.84	—	—	—	—
Basic EPS, GAAP (USD)	$-3.69	$1.87	$1.41	$-6.12	$-0.37	$-0.13	—	—	—	$-1.89	$-1.19	$-0.27	—	—	—	—
Free Cash Flow per Share (USD)	$-3.41	$-3.20	$-1.87	$-1.92	$-2.95	$-0.10	—	—	—	—	$-0.21	$0.38	—	—	—	—
Book Value per Share (USD)	$9.15	$12.13	$6.65	$2.65	$6.64	$3.80	$0.43	$0.46	$0.59	$-0.49	$0.85	$1.76	$1.11	$1.12	$-0.00	$0.00
Tangible Book Value per Share (USD)	$9.15	$11.88	$6.65	$2.65	$6.64	$3.80	$0.43	$0.46	$0.59	$-1.17	$-1.16	$1.40	$0.91	$1.12	$-0.00	$0.00
Basic Weighted Avg Shares (shares)	355.17M	289.96M	183.86M	113.47M	99.34M	81.41M	—	—	—	15.18M	14.21M	11.66M	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Oct 31, 2011 10-K ↗	FY 2010 Oct 31, 2010 10-K ↗
Working Capital (USD)	$142.39M	$375.18M	$996.04M	$251.43M	$672.99M	$284.97M	$-358.58K	$741.54K	$7.38M	$-14.94M	$-12.17M	$-14.26M	$3.88M	$2.40M	—	—
LT Debt (USD)	$3.60B	$2.45B	$325.65M	$782.17M	$728.41M	—	$999.11K	$999.11K	$1.76M	—	—	—	—	—	—	—
Total Equity (USD)	$3.47B	$4.13B	$1.62B	$385.94M	$682.10M	$311.74M	$3.65M	$2.92M	$7.39M	$-9.12M	$12.68M	$24.25M	$12.18M	$3.94M	$-7.65K	$23.28K

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Oct 31, 2011 10-K ↗	FY 2010 Oct 31, 2010 10-K ↗
Sales/Revenue/Turnover (USD)	$907.09M	$656.38M	$387.51M	$117.75M	$159.16M	$4.36M	$1.19M	$1.56M	$519.62K	$36.63M	$18.98M	$21.40M	$3.42M	—	—	—
Depreciation Expense (USD)	$758.20M	$403.70M	$179.50M	$78.70M	$14.90M	$2.99M	$923.30K	$2.00M	$26.11K	$4.26K	$7.58K	$6.23K	$3.36K	$8.77K	—	—
Net Income, GAAP (USD)	$-1.31B	$541.25M	$261.17M	$-694.02M	$-37.10M	$-10.45M	$-3.52M	$-12.81M	$-31.33M	$-28.67M	$-16.94M	$-3.15M	$-3.45M	$-6.93M	$-32.90K	—
Operating Cash Flow (USD)	$-802.73M	$-677.02M	$-315.65M	$-176.48M	$-18.97M	$-7.77M	$-3.32M	$-8.24M	$-10.81M	—	$-2.96M	$4.46M	$-1.52M	$-1.26M	$-36.24K	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 16 years · 64 quarters

MARA Holdings, Inc.

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