Marathon Digital Holdings, Inc. vs Riot Blockchain, Inc.

Full side-by-side comparison — 2026

Data as of Aug 24, 2026 · Updated automatically

4
MARA Wins
3
Tie
11
RIOT Wins

MARA

Price USD 11.18
P/E Ratio 3.5x
Div Yield N/A
Beta 5.36
Sector Financials

RIOT

Price USD 20.00
P/E Ratio 31.3x
Div Yield N/A
Beta 3.85
Sector Information Technology

Price Overview

Metric MARA RIOT
Current Price 11.18 20.00
Previous Close 11.18 20.00

Valuation

Metric MARA RIOT
Trailing P/E 3.48 31.33
Forward P/E -9.79 -21.21
Price / Book 2.59 3.42
Price / Sales 5.41 11.03
EV / EBITDA -3.46 -8.73

Dividends & Income

Metric MARA RIOT
Dividend Yield 0.0000% 0.0000%
Dividend Rate (Annual) 0.00 0.00
5-Year Avg Yield N/A N/A
Payout Ratio 0.0000% 0.0000%

Risk & Financial Health

Metric MARA RIOT
Beta (Volatility) 5.36 3.85
Debt / Equity 140.16 40.03
Quick Ratio 0.76 1.17
Current Ratio 0.89 1.59

Growth & Profitability

Metric MARA RIOT
Revenue Growth -0.2670% 0.1390%
Earnings Growth 0.7640% 6.3640%
Return on Equity -1.0557% -0.4824%
Revenue / Share 2.17 1.94
Trailing EPS -9.39 -3.84
Forward EPS -1.15 -0.94

Analyst Targets

Metric MARA RIOT
Analyst Mean Target 17.99 32.40
Analyst High Target 30.00 45.00
Analyst Low Target 6.00 22.00

Bottom Line: MARA vs RIOT

Riot Blockchain, Inc. (RIOT) leads on 11 of 18 comparable metrics.

Riot Blockchain, Inc. is the stronger pick for growth investors, while Marathon Digital Holdings, Inc. may appeal to value investors.

Riot Blockchain, Inc. has a higher Revenue Growth (13.90% vs -26.70%), which indicates the business is expanding faster
Marathon Digital Holdings, Inc. has a lower Trailing P/E (3.48 vs 31.33), which may indicate better relative value
Riot Blockchain, Inc. has a higher Earnings Growth (636.40% vs 76.40%), which indicates profits are growing more quickly

This comparison is based on publicly available financial data and is for informational purposes only. It is not investment advice. Past performance does not guarantee future results.

MARA Marathon Digital Holdings, Inc.

Best for Value Investors
• Lower Trailing P/E: 3.48
• Lower Price / Book: 2.59
• Lower Price / Sales: 5.41

RIOT Riot Blockchain, Inc.

Best for Growth Investors
• Higher Revenue Growth: 13.90%
• Higher Earnings Growth: 636.40%
• Higher Return on Equity: -48.24%
Best for Conservative Investors
• Lower Beta (Volatility): 3.85
• Lower Debt / Equity: 40.03
• Higher Quick Ratio: 1.17

Watch Out

RIOT trades at 31.3x earnings vs MARA at 3.5x — a gap this large often reflects different growth expectations, not simple mispricing.

These stocks have very different risk profiles — MARA (beta 5.36) is significantly more volatile than RIOT (beta 3.85).

Analyst Upside / Downside

MARA
+60.9%
RIOT
+62.0%

Based on analyst mean price targets. Estimates are not guaranteed and may not reflect future performance.

About These Companies

Marathon Digital Holdings, Inc. (MARA)

Financials · United States · NCM

MARA Holdings, Inc. operates as an energy and digital infrastructure company in North America, the Middle East, Europe, and Latin America. The company leverages Bitcoin Mining and Artificial Intelligence compute to monetize excess energy and underutilized power, optimize power management across operations and support AI inference applications. The company was formerly known as Marathon Digital Holdings, Inc. and changed its name to MARA Holdings, Inc. in August 2024. MARA Holdings, Inc. was incorporated in 2010 and is based in Hallandale …

View MARA details →

Riot Blockchain, Inc. (RIOT)

Information Technology · United States · NMS

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. It operates in two segments, Bitcoin Mining and Engineering. The company offers comprehensive and critical infrastructure for bitcoin mining and data center services at its facilities. The company also designs and manufactures power distribution equipment and engineered-to-order electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale industrial and governmental customers, as well as data center, power generation, utility, water, …

View RIOT details →

Frequently Asked Questions

Which is more volatile, MARA or RIOT?
Marathon Digital Holdings, Inc. is more volatile based on beta. Marathon Digital Holdings, Inc. has a beta of 5.36 and Riot Blockchain, Inc. has a beta of 3.85. A beta above 1.0 means higher volatility than the overall market.
Which is cheaper by P/E ratio, MARA or RIOT?
Marathon Digital Holdings, Inc. has the lower trailing P/E ratio. Marathon Digital Holdings, Inc. trades at 3.5x earnings while Riot Blockchain, Inc. trades at 31.3x. A lower P/E may suggest better relative value, but could also reflect lower growth expectations.
Which has more analyst upside, MARA or RIOT?
Based on mean analyst price targets, Riot Blockchain, Inc. has more upside potential. Marathon Digital Holdings, Inc. has +60.9% upside and Riot Blockchain, Inc. has +62.0% upside from current prices. Analyst estimates are not guaranteed.
Can I track both MARA and RIOT in one portfolio?
Yes. AllInvestView lets you add both Marathon Digital Holdings, Inc. and Riot Blockchain, Inc. to the same portfolio and monitor price changes, dividends, total return, and allocation — completely free.

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