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Marathon Digital Holdings, Inc. (MARA)

Listed on NASDAQ • Financial Services / Financial - Capital Markets
MARA logo

Overview

Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. As of December 31, 2021, it had approximately 8,115 bitcoins, which included the 4,794 bitcoins held in the investment fund. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada.

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Key Information

Symbol: MARA
CEO: Frederick G. Thiel
Exchange: NASDAQ
CIK: 0001507605
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
17.13
Change
0.51
Change %
3.07%
Open
17.22
Previous Close
16.62
High
18.04
Low
17.07
Volume
43,308,126
Market Cap
6,345,943,552
EV/EBITDA
0

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
370,457,880
FloatShares
366,205,579
Float Ratio
98.85%
Shares Short
97,832,228
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
34.13%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
1.4 trading days
Held Percent Insiders
0.65%
Held Percent Institutions
62.82%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date 2025-11-04
Earnings Call 2025-11-04
Avg EPS Estimate 0.42
Low EPS Estimate 0.27
High EPS Estimate 0.71
Revenue
Avg Revenue Forecast 276,457,450
Low Revenue Forecast 225,413,000
High Revenue Forecast 332,605,000

MARA Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$826,400,000Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio1.871The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio2.094The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$3,247,600,128Total liabilities, used together with cash and liquidity ratios to assess debt burden.

MARA Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$1,464,302,976EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$0Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$0Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin47.65%Gross margin; a higher value indicates stronger product profitability.
Operating Margin74.00%Operating margin; slightly negative, indicating high operating costs.
Profit Margin100.82%Net profit margin, which reflects overall profitability.

MARA Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio62.76%Low leverage level, indicating the company has low debt pressure.
Total Debt$3,247,600,128Used together with cash and EBITDA to assess debt-paying ability.

MARA Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)91.70%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)0.00%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for MARA (Key ratios, margins, and cash flow)

Field Value Description
Current Price$17.13Latest stock trading price
Price Target (High)$30Analyst highest expected price
Price Target (Low)$16Analyst lowest expected price
Price Target (Average)$23.87Average target price across analysts
Price Target (Median)$25Median of target prices
Average Rating Score2.21Average analyst rating (1=Strong Buy, 5=Sell)
Consensus RecommendationbuyConsensus rating
Analyst Coverage Count11Number of analysts providing estimates
Cash Holdings$826,400,000Total cash held by the company
Cash per Share$2.22Cash value per outstanding share
Total Debt$3,247,600,128Company's total debt
Quick Ratio1.871Ability to cover short-term liabilities (excludes inventory)
Current Ratio2.094Overall short-term liquidity
Debt/Equity Ratio62.76%Leverage ratio: Debt / Equity
EBITDA$1,464,302,976Earnings before interest, taxes, depreciation & amortization
Total Revenue$919,172,992Total company revenue
Revenue per Share$2.657Total revenue divided by shares outstanding
Gross Profit47.65%Revenue minus cost of goods sold
Return on Assets8.27%Net income / Total assets
Return on Equity23.07%Net income / Shareholder equity
Earnings Growth (YoY)0.00%Year-over-year EPS growth
Revenue Growth (YoY)91.70%Year-over-year revenue growth
Gross Margin47.65%Gross profit / Total revenue
EBITDA Margin159.31%EBITDA / Revenue
Operating Margin74.00%Operating income / Revenue
Profit Margin100.82%Net income / Revenue
Free Cash Flow$0Cash left after capital expenditures
Operating Cash Flow$0Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo