Hut 8 (HUT) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), Hut 8 had return on equity of -18.6% (down from 46.1%), debt-to-equity of 0.25 (down from 0.35), a current ratio of 1.09 (down from 1.67) and return on assets of -9.2% (down from 26.0%). A current ratio of 1.09 means current assets exceed current liabilities.

Hut 8 Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Jun 2023	Jun 2022	Dec 2021
Valuation Ratios
P/E Ratio	-	5.78	-	-	-
Forward P/E	23.34	90.04	-	-	-
P/S Ratio	21.11	11.82	-	-	19.43
P/B Ratio	2.94	1.96	-	-	2.00
Price/Tangible Book	4.13	2.11	-	-	1.62
Enterprise Value Ratios
EV/Revenue	23.53	13.55	-	-	-
EV/EBITDA	-	4.25	-	-	-
EV/EBIT	-	4.68	-	-	-
Profitability & Returns
Return on Equity (ROE)	-18.58%	46.10%	-114.13%	-51.51%	-21.36%
Return on Assets (ROA)	-9.24%	26.01%	-2.41%	-10.96%	-
Return on Invested Capital (ROIC)	-19.06%	37.03%	-4.57%	-21.88%	-
Return on Capital Employed (ROCE)	-13.30%	34.50%	-4.70%	-17.40%	-
Leverage & Solvency Ratios
Debt/Equity	0.25	0.35	5.57	1.49	0.04
Debt/EBITDA	-	0.66	13.59	-	-
Liquidity Ratios
Current Ratio	1.09	1.67	1.87	0.37	-
Quick Ratio	0.20	0.60	1.07	0.28	-
Efficiency Ratios
Asset Turnover	0.11	0.14	0.38	0.51	0.13
Yield & Distribution Ratios
Earnings Yield	-4.56%	17.29%	-	-	-
FCF Yield	-7.18%	-12.09%	-	-	-
Buyback Yield	-4.24%	-105.93%	-22.33%	-21.25%	99.42%
Total Return	-	-	-	-	99.42%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Hut 8 Financial Ratios

What is Hut 8's return on equity?

Hut 8's return on equity (ROE) was -18.6% for fiscal 2025 (period ended Dec 31, 2025). It was 46.1% a year earlier.

What is Hut 8's debt-to-equity ratio?

Hut 8's debt-to-equity ratio was 0.25 for fiscal 2025 (period ended Dec 31, 2025). It was 0.35 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition