profit from every €100 of sales.
€0€100
MARA Holdings
€6.47+9.78% today
-30.5% since Dec 17, 25
1-year low €5.351-year high €13.56
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What MARA Holdings sold, what it kept, and what it did with the cash.
Sales went from $118 million in 2022 to $907 million in 2025, with -$1.31 billion of profit last year.
SalesProfit
MARA Holdings vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| MARA Holdings | No profit yet | ||
 Morgan Stanley | 17.4× · Fair price | ||
 The Goldman Sachs Group | 15.3× · Fair price | ||
 The Charles Schwab | 18.1× · Fair price | ||
 Interactive Brokers Group | 134.4× · Very expensive |
AI analysis
An AI analyst reads MARA Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 118 | 388 | 656 | 907 | |
| -34 | 388 | 558 | 728 | |
| -117 | -111 | -468 | -822 | |
| -625 | 473 | 1,059 | -547 | |
| -694 | 261 | 541 | -1,311 | |
| -6.12 | 1.06 | 1.72 | -3.69 | |
| -28.6% | 100.0% | 85.0% | 80.3% | |
| -99.0% | -28.5% | -71.2% | -90.6% | |
| -589.4% | 67.4% | 82.5% | -144.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,195 | 1,991 | 6,801 | 7,287 |
| Cash | 104 | 357 | 392 | 547 |
| Total debt | 784 | 326 | 2,474 | 3,645 |
| Total liabilities | 809 | 375 | 2,665 | 3,810 |
| 386 | 1,616 | 4,129 | 3,472 | |
| 113 | 192 | 312 | 355 | |
| -42.1% | 10.4% | 6.7% | -13.0% | |
| -179.8% | 16.2% | 13.1% | -37.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -176 | -316 | -677 | -803 | |
| 41 | 28 | 253 | 407 | |
| -218 | -343 | -930 | -1,210 | |
| Dividends paid | – | – | – | – |
| 0 | 16 | 0 | 0 | |
| 25 | 33 | 158 | 172 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- –
- –
- –
- 1.2×
- 3.1×
- -47.0%
- –
Profitability
- -144.6%
- -13.0%
- -9.5%
- –
- –
Growth
- +97.5%
- –
- –
- +46.3%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 3%of 851
Bottom 1%of 737
Top 3%of 867
Bottom 2%of 926
News
MARA heads into Q3 earnings: Here's what to expectSeeking Alpha · Nov 8, 2026YieldMax MARA Option Income Strategy ETF declares $0.0394 dividendSeeking Alpha · Oct 14, 2026YieldMax MARA Option Income Strategy ETF announces weekly distribution of $0.0470Seeking Alpha · Oct 8, 2026Coinbase Jumps 6% on Compass Point Upgrade Ahead of Senate CLARITY Act Vote; Strategy Climbs 3%, MARA SlipsYahoo Finance · Sep 14, 2026Crypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5%Yahoo Finance · Aug 25, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
26No pass
Benjamin Graham
43No pass
Philip Fisher
47No pass
Peter Lynch
61Pass
Joel Greenblatt
0No pass
Charlie Munger
25No pass
Terry Smith
35No pass
Questions about MARA Holdings
Is MARA Holdings a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the MARA Holdings AI analysis
What does MARA Holdings do?
MARA Holdings, Inc. operates as an energy and digital infrastructure company in North America, the Middle East, Europe, and Latin America. It is in Capital Markets, based in Hallandale Beach, FL, United States, with 266 employees.
Is MARA Holdings stock halal?
No. MARA Holdings does not pass our halal screen: its debt is 131% of its market value, at or above the 33% limit. How we check
Who are MARA Holdings's competitors?
The largest listed companies in the same industry are Morgan Stanley, The Goldman Sachs Group, The Charles Schwab and Interactive Brokers Group. The peers table on this page compares their profit, growth and price with MARA Holdings's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.