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TeraWulf WULF Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin50.9%-4.4pp55.3%-5.2pp60.5%+34.3pp26.3%
Operating margin-110.5%-56.1pp-54.4%-11.9pp-42.5%+248pp-291%
Net margin-392.6%-341pp-51.7%+54.3pp-106.1%+498pp-603.9%
EBITDA margin-57.9%-46.2pp-11.7%-10.2pp-1.5%+245pp-246.6%
Free cash flow margin-702.5%-494pp-208.8%-106pp-102.4%+531pp-633.2%
Returns
Return on equity-343.7%-313pp-31%+12.1pp-43.2%+32.2pp-75.4%+84.6pp
Return on assets-18%-5.6pp-12.4%+8.7pp-21.1%+10.1pp-31.2%+45.9pp
Efficiency
Asset turnover-0.2×0.2×0.0×0.2×+0.1×0.1×
Liquidity
Current ratio-3.4×5.4×+5.0×0.4×+0.3×0.1×-1.4×
Quick ratio-3.4×5.4×+5.0×0.4×+0.3×0.1×-1.4×
Cash ratio2.1×-3.1×5.3×+4.9×0.4×+0.3×0.1×-0.9×
Leverage
Debt-to-equity25.4×+25.4×-0.5×0.6×-0.5×1.1×+0.3×
Debt-to-assets0.5×+0.5×-0.3×0.3×-0.1×0.4×0.0×
Interest coverage-2.3×+1.5×-3.9×-3.0×-0.8×+0.9×-1.8×
Per Share
Book value per share$0.35-49.2%$0.70-34.3%$1.06-0.4%$1.06-26.4%
Valuation
Market capitalization$4.81B+120%$2.18B+229%$664.16M+655%$87.99M-94.2%
Enterprise value$4.65B+143%$1.91B+161%$734.19M+257%$205.57M-86.8%
Price / sales28.6×+13.0×15.6×+6.0×9.6×+3.7×5.9×
Price / book34.3×+25.3×8.9×+6.0×+2.2×0.7×-11.5×
EV / sales27.6×+14.0×13.7×+3.1×10.6×-3.1×13.7×
Free cash flow yield-24.6%-11.2pp-13.4%-2.7pp-10.7%+97.5pp-108.2%-93.2pp
Earnings yield-13.7%-10.4pp-3.3%+7.7pp-11.1%+92.1pp-103.2%-96.0pp

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Questions, answered.

What are TeraWulf's profit margins?
TeraWulf (WULF) runs a 64.0% gross margin and a -171.8% operating margin, with a -611.5% net margin.
Where do TeraWulf's ratios come from?
Every ratio is computed from TeraWulf'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.