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Discontinued — last reported Q3 '22

Return on equity at other companies

TeraWulf logo
TeraWulfWULF
-343.7%-382pp
Equinix, Inc. logo
Equinix, Inc.EQIX
10.1%+2.9pp
Applied Digital logo
Applied DigitalAPLD
-15.2%-6.8pp
Digital Realty logo
Digital RealtyDLR
5.9%+2.9pp
Cipher Digital, Inc.
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Cipher Digital, Inc. CIFR
-123.9%
Iris Energy logo
Iris EnergyIREN
7.9%

Other financials

Income statement

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Revenue$115.2M+44.9%
Gross profit$30.1M+267%
Operating income-$310.4M-560%
Net income-$347.2M-160%
EPS (diluted)-$1.06-185%

Balance sheet

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Cash & equivalents$1.1B+64.0%
Total debt$2.2B+82.8%
Total equity-$1.3B-323%
Total assets$3.1B+88.9%

Cash flow

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Operating cash flow$249.9M+655%
CapEx$389.2M+363%
Free cash flow-$139.3M-8.0%

Valuation

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Market cap$9.27B+121%
Enterprise value$10.28B+119%
P/S26.1×+15.9×

Profitability

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Gross margin16.9%+4.3pp
Operating margin-144.7%-478pp
Net margin-238.9%-1.8pp
FCF margin-130%-246pp

Returns & leverage

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Debt / equity2.2×
Current ratio0.5×-3.7×

Where this comes from

Calculated from Core Scientific, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Core Scientific, Inc.’s 10-Q, filed November 22, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Core Scientific, Inc.'s return on equity?
Core Scientific, Inc. (CORZ) reported return on equity of -242.4% in Q3 2022.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.