Hut 8 Mining Corp. (HUT) Key Metrics
HUT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $8.35B
- Enterprise value
- $20.07B
- P/E (TTM)
- —
- Forward P/E
- 138.9
- PEG ratio
- —
- Price / sales
- 26.3
- Price / book
- 8.8
- EV / EBITDA
- 11.6
- Dividend yield
- —
- Beta
- 5.92
HUT key metrics, 2024–2025
Fiscal year ended December 31, 2025 · U.S. dollarsHUT valuation Price multiples at each fiscal year-end price.
HUT returns How much profit the business earns on the capital it uses.
HUT per-share figures Results divided by the shares outstanding at year-end.
HUT financial health Debt, liquidity and how easily interest is covered.
HUT efficiency & capital use Working capital cycle and where the cash goes.
HUT valuation history
HUT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
HUT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
HUT price vs earnings per share
HUT key metrics
2024–2025| 2025 | 2024 | |
|---|---|---|
| Valuation | ||
| Market capitalization | $4.84B | $2.07B |
| Enterprise value | $5.22B | $2.33B |
| P/E ratio | — | 6.2 |
| Price / sales | 20.6 | 12.8 |
| Price / book | 3.4 | 2.1 |
| EV / sales | 22.2 | 14.4 |
| EV / EBITDA | — | 4.4 |
| Earnings yield | −5.1% | 16.0% |
| Free cash flow yield | −16.3% | −16.1% |
| Share price at fiscal year-end | $45.94 | $20.49 |
| Per share | ||
| Revenue per share | $2.23 | $1.61 |
| Earnings per share | −$2.35 | $3.28 |
| Operating cash flow per share | −$1.32 | −$0.68 |
| Free cash flow per share | −$7.47 | −$3.30 |
| Cash per share | $0.43 | $0.84 |
| Book value per share | $13.50 | $9.67 |
| Tangible book value per share | $11.40 | $9.01 |
| Capex per share | $6.15 | $2.62 |
| Debt per share | $4.08 | $3.42 |
| Shares outstanding | 105.3M | 101.0M |
| Change in shares outstanding | +4.2% | — |
| Returns & profitability | ||
| Return on equity (ROE) | −20.7% | 34.0% |
| Return on invested capital (ROIC) | −11.4% | 27.9% |
| Return on assets (ROA) | −11.6% | 21.9% |
| Return on tangible assets | −9.8% | 22.8% |
| Free cash flow margin | −334.9% | −205.1% |
| Income quality (OCF / net income) | — | −0.21 |
| Financial health | ||
| Total debt | $429.3M | $345.6M |
| Cash & short-term investments | $44.9M | $85.0M |
| Net debt | $384.4M | $260.6M |
| Debt / equity | 0.30 | 0.35 |
| Debt / assets | 0.16 | 0.23 |
| Net debt / EBITDA | — | 0.49 |
| Current ratio | 1.09 | 1.67 |
| Quick ratio | 1.09 | 1.67 |
| Interest coverage | -7.3 | 15.5 |
| Working capital | $32.6M | $102.9M |
| Invested capital | $1.81B | $1.24B |
| Tangible asset value | $1.47B | $914.2M |
| Net current asset value | −$656.1M | −$281.4M |
| Graham number | — | $26.73 |
| Graham net-net per share | −$9.46 | −$4.43 |
| Capital allocation | ||
| Capex / revenue | 275.6% | 162.9% |
| Capex / depreciation | 6.36 | 5.36 |
| Stock-based compensation / revenue | 24.6% | 12.8% |
| SG&A / revenue | 52.2% | 44.9% |
| Efficiency | ||
| Days sales outstanding | 30.4 | 18.1 |
| Days payables outstanding | 45.8 | 47.6 |
| Cash conversion cycle (days) | -15.4 | -29.4 |
| Receivables turnover | 12.00 | 20.14 |
| Payables turnover | 7.97 | 7.68 |
| Asset turnover | 0.11 | 0.11 |
| Average receivables | $19.6M | $8.1M |
| Average payables | $13.5M | $11.3M |
| Intangibles / total assets | 8.0% | 4.4% |
Computed from HUT's annual financial statements (latest annual report filed February 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
HUT valuation and financial ratios
Hut 8 Mining earned a return on equity of −20.7% and a return on invested capital of −11.4% in fiscal 2025. It ended the year with $429.3 million of debt and $44.9 million in cash and short-term investments, net debt of $384.4 million.
See the HUT income statement, the HUT chart for price history, or the HUT stock overview for the latest quote and news.
HUT key metrics FAQ
What is Hut 8 Mining's return on equity?
Hut 8 Mining's return on equity (ROE) was −20.7% in fiscal 2025: net income of -$248.0 million on average shareholders' equity of $1.2 billion.
What is Hut 8 Mining's ROIC?
Hut 8 Mining's return on invested capital was −11.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Hut 8 Mining have?
Hut 8 Mining had total debt of $429.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.30.
What is Hut 8 Mining's free cash flow yield?
Hut 8 Mining generated -$787.3 million of free cash flow in fiscal 2025, a free cash flow yield of −16.3% on its market value at year-end ($4.8 billion).
What is Hut 8 Mining's current ratio?
Hut 8 Mining's current ratio was 1.09 at the end of fiscal 2025: current assets were 1.09 times current liabilities.