Riot Platforms [RIOT] vs Hut [HUT] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 19 vital metrics comparison: Riot Platforms Inc. wins in 9 metrics, Hut 8 Corp. wins in 10 metrics, with 0 ties. Hut 8 Corp. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Riot Platforms Inc. Hut 8 Corp. Better
P/E Ratio (TTM) 27.24 30.51 Riot Platforms Inc.
Price-to-Book Ratio 2.37 5.93 Riot Platforms Inc.
Debt-to-Equity Ratio 30.32 25.41 Hut 8 Corp.
PEG Ratio -34.06 -0.11 Hut 8 Corp.
EV/EBITDA -44.57 -42.73 Hut 8 Corp.
Profit Margin (TTM) -102.43% -96.19% Hut 8 Corp.
Operating Margin (TTM) -424.70% -497.74% Riot Platforms Inc.
Return on Equity -22.10% -18.58% Hut 8 Corp.
Return on Assets (TTM) -8.19% -9.24% Riot Platforms Inc.
Free Cash Flow (TTM) $-1.14B $-787.31M Hut 8 Corp.
1-Year Return 173.77% 579.98% Hut 8 Corp.
Price-to-Sales Ratio (TTM) 10.66 36.12 Riot Platforms Inc.
Enterprise Value $7.54B $9.14B Hut 8 Corp.
EV/Revenue Ratio 11.64 38.89 Riot Platforms Inc.
Gross Profit Margin (TTM) 30.79% 111.17% Hut 8 Corp.
Revenue per Share (TTM) $2 $2 Hut 8 Corp.
Earnings per Share (Diluted) $-1.95 $-2.08 Riot Platforms Inc.
Beta (Stock Volatility) 3.57 5.71 Riot Platforms Inc.
Short % of Float 14.14% 17.19% Riot Platforms Inc.

Riot Platforms Inc. vs Hut 8 Corp. Stock Performance Analysis

Loading Price Chart...

Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Riot Platforms Inc.2.89%6.58%16.56%90.14%99.71%93.36%
Hut 8 Corp.1.11%0.48%17.28%134.77%239.11%134.41%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Riot Platforms Inc.173.77%155.87%-17.31%658.12%911.79%911.79%
Hut 8 Corp.579.98%933.57%533.92%573.81%573.81%573.81%

Performance & Financial Health Analysis: Riot Platforms Inc. vs Hut 8 Corp.

MetricRIOTHUT
Market Information
Market Cap i$7.06B$8.73B
Market Cap CategoryMid capMid cap
10 Day Avg. Volume i19,122,3735,995,913
90 Day Avg. Volume i17,387,0414,697,248
Last Close$27.38$120.18
52 Week Range$8.87 - $28.94$15.26 - $140.80
% from 52W High-5.39%-14.64%
All-Time High$79.50 (Feb 15, 2021)$140.80 (Jun 02, 2026)
% from All-Time High-65.56%-14.64%
Growth Metrics
Quarterly Revenue Growth0.07%1.79%
Quarterly Earnings Growth0.07%-1.92%
Financial Health
Profit Margin (TTM) i-1.02%-0.96%
Operating Margin (TTM) i-4.25%-4.98%
Return on Equity (TTM) i-0.22%-0.19%
Debt to Equity (MRQ) i30.3225.41
Cash & Liquidity
Book Value per Share (MRQ)$7.69$12.92
Cash per Share (MRQ)$0.62$0.41
Operating Cash Flow (TTM) i$-572,928,000$-139,226,000
Levered Free Cash Flow (TTM) i$-256,659,872$-371,573,760
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend i$0.00N/A

Valuation & Enterprise Metrics Analysis: Riot Platforms Inc. vs Hut 8 Corp.

MetricRIOT (Apr 26, 2026)HUT (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i27.2430.51
Forward P/E i-34.06-24.13
PEG Ratio i-34.06-0.11
Price to Sales (TTM) i10.6636.12
Price to Book (MRQ) i2.375.93
Market Capitalization
Market Capitalization i$7.06B$8.73B
Enterprise Value i$7.54B$9.14B
Enterprise Value Metrics
Enterprise to Revenue i11.6438.89
Enterprise to EBITDA i-44.57-42.73
Risk & Other Metrics
Beta i3.575.71
Book Value per Share (MRQ) i$7.69$12.92

Financial Statements Comparison: Riot Platforms Inc. vs Hut 8 Corp.

Financial Metrics

Loading Financial Charts...

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricRIOT (2025)HUT (2025)
Revenue/Sales i647.44M15.08M
Cost of Goods Sold i401.88M107.77M
COGS % of Revenue i62.1%714.6%
Gross Profit i245.56M-92.69M
Gross Margin i37.9%-614.6%
Research & Development iN/AN/A
Operating Income (EBIT) i-343.30M-317.40M
Operating Margin i-53.0%-2,104.6%
EBITDA i-13.51M-225.99M
EBITDA Margin i-2.1%-1,498.5%
Pre-Tax Income i-663.33M-299.83M
Pre-Tax Income % of Revenue i-102.5%-1,988.2%
Income Tax i-150,000-51.84M
Income Tax % of Revenue i0.0%-343.7%
Net Income (Profit) i-663.18M-248.00M
Profit Margin i-102.4%-1,644.4%

Balance Sheet & Liquidity Metrics

MetricRIOT (2025)HUT (2025)
Cash & Equivalents i233.52M44.91M
Total Current Assets i448.71M408.18M
Total Current Assets % of Revenue i69.3%2,706.6%
Total Current Liabilities i469.78M375.58M
Total Current Liabilities % of Revenue i72.6%2,490.4%
Long-Term Debt i606.56M226.51M
Long-Term Debt % of Revenue i93.7%1,502.0%
Total Shareholders Equity i2.86B1.69B
Retained Earnings i-1.35B5.48M
Retained Earnings % of Revenue i-209.1%36.3%
Property, Plant & Equipment i975.87M574.09M

Cash Flow Statement Comparison

MetricRIOT (2025)HUT (2025)
Operating Cash Flow i-751.67M-137.73M
Operating Cash Flow % of Revenue i-116.1%-913.3%
Capital Expenditures i-560.12M-211.06M
Free Cash Flow i-1.14B-787.31M
FCF Margin i-176.1%-5,220.6%
Debt Repayment i-6.73M-49.55M
Common Stock Repurchase i-4.29MN/A

Short Interest & Institutional Ownership Analysis

MetricRIOTHUT
Shares Short i52.62M17.28M
Short Ratio i3.154.17
Short % of Float i14.14%17.19%
Shares Outstanding i371.58M110.09M
Float Shares i349.43M84.68M
% Held by Insiders i6.75%9.63%
% Held by Institutions i73.75%77.85%
% Held by Public i19.50%12.52%

Dividend Analysis & Yield Comparison: Riot Platforms Inc. vs Hut 8 Corp.

MetricRIOTHUT
Last 12-Month Dividend i$0.00N/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend i$0.00N/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends i$0.00N/A
Ex-Dividend DateN/AN/A