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CAN vs RIOT
Revenue, margins, valuation, and 5-year total return — side by side.
Financial - Capital Markets
CAN vs RIOT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Computer Hardware | Financial - Capital Markets |
| Market Cap | $356M | $8.98B |
| Revenue (TTM) | $530M | $647M |
| Net Income (TTM) | $-210M | $-867M |
| Gross Margin | 7.8% | -15.6% |
| Operating Margin | -21.0% | -61.8% |
| Total Debt | $55M | $280M |
| Cash & Equiv. | $81M | $234M |
CAN vs RIOT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Canaan Inc. (CAN) | 100 | 23.5 | -76.5% |
| Riot Platforms, Inc. (RIOT) | 100 | 1106.4 | +1006.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CAN vs RIOT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CAN is the clearest fit if your priority is growth exposure.
- Rev growth 96.7%, EPS growth 51.1%, 3Y rev CAGR -6.7%
- 96.7% revenue growth vs RIOT's 71.9%
- -39.7% margin vs RIOT's -102.4%
RIOT carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 2 yrs, beta 3.87
- 7.8% 10Y total return vs CAN's -89.6%
- Lower volatility, beta 3.87, Low D/E 9.8%, current ratio 0.96x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 96.7% revenue growth vs RIOT's 71.9% | |
| Quality / Margins | -39.7% margin vs RIOT's -102.4% | |
| Stability / Safety | Beta 3.87 vs CAN's 4.41, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +201.2% vs CAN's -7.7% | |
| Efficiency (ROA) | -21.5% ROA vs CAN's -34.9%, ROIC -8.7% vs -24.9% |
CAN vs RIOT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CAN vs RIOT — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CAN leads this category, winning 4 of 4 comparable metrics.
Income & Cash Flow (Last 12 Months)
RIOT and CAN operate at a comparable scale, with $647M and $530M in trailing revenue. CAN is the more profitable business, keeping -39.7% of every revenue dollar as net income compared to RIOT's -102.4%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $530M | $647M |
| EBITDAEarnings before interest/tax | -$66M | -$450M |
| Net IncomeAfter-tax profit | -$210M | -$867M |
| Free Cash FlowCash after capex | $0 | -$1.0B |
| Gross MarginGross profit ÷ Revenue | +7.8% | -15.6% |
| Operating MarginEBIT ÷ Revenue | -21.0% | -61.8% |
| Net MarginNet income ÷ Revenue | -39.7% | -102.4% |
| FCF MarginFCF ÷ Revenue | — | -119.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | +121.1% | — |
| EPS Growth (YoY)Latest quarter vs prior year | +59.4% | -60.0% |
Valuation Metrics
CAN leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $356M | $9.0B |
| Enterprise ValueMkt cap + debt − cash | $330M | $9.0B |
| Trailing P/EPrice ÷ TTM EPS | -1.23x | -12.14x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 0.67x | 13.86x |
| Price / BookPrice ÷ Book value/share | 0.59x | 2.82x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
RIOT leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
RIOT delivers a -28.8% return on equity — every $100 of shareholder capital generates $-29 in annual profit, vs $-48 for CAN. RIOT carries lower financial leverage with a 0.10x debt-to-equity ratio, signaling a more conservative balance sheet compared to CAN's 0.13x. On the Piotroski fundamental quality scale (0–9), CAN scores 6/9 vs RIOT's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -48.1% | -28.8% |
| ROA (TTM)Return on assets | -34.9% | -21.5% |
| ROICReturn on invested capital | -24.9% | -8.7% |
| ROCEReturn on capital employed | -29.7% | -11.0% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 3 |
| Debt / EquityFinancial leverage | 0.13x | 0.10x |
| Net DebtTotal debt minus cash | -$26M | $46M |
| Cash & Equiv.Liquid assets | $81M | $234M |
| Total DebtShort + long-term debt | $55M | $280M |
| Interest CoverageEBIT ÷ Interest expense | -104.52x | -16.47x |
Total Returns (Dividends Reinvested)
RIOT leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in RIOT five years ago would be worth $7,078 today (with dividends reinvested), compared to $804 for CAN. Over the past 12 months, RIOT leads with a +201.2% total return vs CAN's -7.7%. The 3-year compound annual growth rate (CAGR) favors RIOT at 31.2% vs CAN's -39.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -28.1% | +67.2% |
| 1-Year ReturnPast 12 months | -7.7% | +201.2% |
| 3-Year ReturnCumulative with dividends | -77.8% | +125.7% |
| 5-Year ReturnCumulative with dividends | -92.0% | -29.2% |
| 10-Year ReturnCumulative with dividends | -89.6% | +778.2% |
| CAGR (3Y)Annualised 3-year return | -39.4% | +31.2% |
Risk & Volatility
RIOT leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
RIOT is the less volatile stock with a 3.87 beta — it tends to amplify market swings less than CAN's 4.41 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. RIOT currently trades 98.9% from its 52-week high vs CAN's 25.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 4.41x | 3.87x |
| 52-Week HighHighest price in past year | $2.22 | $23.94 |
| 52-Week LowLowest price in past year | $0.39 | $7.66 |
| % of 52W HighCurrent price vs 52-week peak | +25.0% | +98.9% |
| RSI (14)Momentum oscillator 0–100 | 57.6 | 66.1 |
| Avg Volume (50D)Average daily shares traded | 9.9M | 18.2M |
Analyst Outlook
RIOT leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates CAN as "Buy" and RIOT as "Buy". Consensus price targets imply 306.1% upside for CAN (target: $2) vs 17.8% for RIOT (target: $28).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $2.25 | $27.90 |
| # AnalystsCovering analysts | 6 | 18 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 1 | 2 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.0% |
RIOT leads in 4 of 6 categories (Profitability & Efficiency, Total Returns). CAN leads in 2 (Income & Cash Flow, Valuation Metrics).
CAN vs RIOT: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is CAN or RIOT a better buy right now?
For growth investors, Canaan Inc.
(CAN) is the stronger pick with 96. 7% revenue growth year-over-year, versus 71. 9% for Riot Platforms, Inc. (RIOT). Analysts rate Canaan Inc. (CAN) a "Buy" — based on 6 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — CAN or RIOT?
Over the past 5 years, Riot Platforms, Inc.
(RIOT) delivered a total return of -29. 2%, compared to -92. 0% for Canaan Inc. (CAN). Over 10 years, the gap is even starker: RIOT returned +778. 2% versus CAN's -89. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — CAN or RIOT?
By beta (market sensitivity over 5 years), Riot Platforms, Inc.
(RIOT) is the lower-risk stock at 3. 87β versus Canaan Inc. 's 4. 41β — meaning CAN is approximately 14% more volatile than RIOT relative to the S&P 500. On balance sheet safety, Riot Platforms, Inc. (RIOT) carries a lower debt/equity ratio of 10% versus 13% for Canaan Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — CAN or RIOT?
By revenue growth (latest reported year), Canaan Inc.
(CAN) is pulling ahead at 96. 7% versus 71. 9% for Riot Platforms, Inc. (RIOT). On earnings-per-share growth, the picture is similar: Canaan Inc. grew EPS 51. 1% year-over-year, compared to -673. 5% for Riot Platforms, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — CAN or RIOT?
Canaan Inc.
(CAN) is the more profitable company, earning -39. 7% net margin versus -102. 4% for Riot Platforms, Inc. — meaning it keeps -39. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CAN leads at -21. 2% versus -61. 8% for RIOT. At the gross margin level — before operating expenses — CAN leads at 7. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — CAN or RIOT?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
07Is CAN or RIOT better for a retirement portfolio?
For long-horizon retirement investors, Riot Platforms, Inc.
(RIOT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+778. 2% 10Y return). Canaan Inc. (CAN) carries a higher beta of 4. 41 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (RIOT: +778. 2%, CAN: -89. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between CAN and RIOT?
These companies operate in different sectors (CAN (Technology) and RIOT (Financial Services)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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