Hut 8 Mining Corp. HUT Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 59.7%+5.5pp | 54.2%+6.4pp | 47.8%+4.3pp | 43.5%+1.7pp | 41.7%-4.9pp | |
| Operating margin | -191.6%-54.6pp | -137%-358pp | 221.4%-10.0pp | 231.4%+197pp | 34.7%-249pp | |
| Net margin | -109.8%-13.6pp | -96.2%-212pp | 115.4%+2.6pp | 112.8%+153pp | -39.9%-244pp | |
| EBITDA margin | -147.5%-53.9pp | -93.6%-358pp | 264.3%-9.8pp | 274.1%+201pp | 73.4%-240pp | |
| Free cash flow margin | -108.6%+36.9pp | -145.5%+21.4pp | -166.9%+67.1pp | -234%-45.3pp | -188.7%-70.1pp | |
| Returns | ||||||
| Return on equity | -26.7%-7.8pp | -18.9%-38.0pp | 19.2%+3.0pp | 16.2%+22.5pp | -6.3%-51.6pp | |
| Return on assets | -14.9%-4.3pp | -10.6%-21.5pp | 10.9%+0.8pp | 10.1%+14.2pp | -4.1%— | |
| Return on invested capital | -50.9%-26.4pp | -24.5%-43.8pp | 19.4%+0.9pp | 18.5%+16.0pp | 2.5%— | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×— | |
| Liquidity | ||||||
| Current ratio | 0.9×-0.2× | 1.1×+0.4× | 0.7×-1.1× | 1.8×+0.5× | 1.3×-0.4× | |
| Quick ratio | 0.9×-0.2× | 1.1×+0.4× | 0.7×-1.1× | 1.8×+0.5× | 1.3×-0.4× | |
| Cash ratio | 0.6×+0.5× | 0.1×0.0× | 0.1×-0.8× | 1×+0.4× | 0.5×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0.1×-0.3× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×-0.2× | |
| Interest coverage | -17.1×-6.4× | -10.7×-22.3× | 11.6×+2.0× | 9.6×+8.1× | 1.5×-14.0× | |
| Per Share | ||||||
| Book value per share | $12.42-8.0% | $13.50+14.0% | $11.84+11.3% | $10.64+14.0% | $9.33-3.4% | |
| Valuation | ||||||
| Market capitalization | $5.2B+4.8% | $4.96B+35.1% | $3.67B+104% | $1.8B+48.9% | $1.21B-37.1% | |
| Enterprise value | $5.06B+2.5% | $4.94B+33.8% | $3.69B+126% | $1.63B+41.9% | $1.15B-47.2% | |
| Price / sales | 18.3×-2.8× | 21.1×+0.5× | 20.6×+7.6× | 13×+3.9× | 9.1×-2.7× | |
| Price / book | 3.8×+0.3× | 3.5×+0.9× | 2.5×+1.1× | 1.4×+0.2× | 1.3×-0.7× | |
| EV / sales | 17.8×-3.2× | 21×+0.3× | 20.7×+8.9× | 11.8×+3.1× | 8.7×-4.7× | |
| Free cash flow yield | -5.9%+1.0pp | -6.9%+1.2pp | -8.1%+9.9pp | -18%+2.7pp | -20.7%-10.7pp | |
| Earnings yield | -6%-1.4pp | -4.6%-10.2pp | 5.6%-3.1pp | 8.7%+13.1pp | -4.4%-21.7pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Hut 8 Mining Corp.'s profit margins?
- Hut 8 Mining Corp. (HUT) runs a 59.7% gross margin and a -191.6% operating margin, with a -109.8% net margin.
- Where do Hut 8 Mining Corp.'s ratios come from?
- Every ratio is computed from Hut 8 Mining Corp.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
