Financial - Capital Markets
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HUT vs RIOT
Revenue, margins, valuation, and 5-year total return — side by side.
Financial - Capital Markets
HUT vs RIOT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Financial - Capital Markets | Financial - Capital Markets |
| Market Cap | $12.08B | $8.98B |
| Revenue (TTM) | $15M | $647M |
| Net Income (TTM) | $-312M | $-867M |
| Gross Margin | -6.1% | -15.6% |
| Operating Margin | -21.0% | -61.8% |
| Total Debt | $429M | $280M |
| Cash & Equiv. | $45M | $234M |
HUT vs RIOT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Hut 8 Corp. (HUT) | 100 | 1729.2 | +1629.2% |
| Riot Platforms, Inc. (RIOT) | 100 | 1106.4 | +1006.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: HUT vs RIOT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
HUT is the clearest fit if your priority is momentum.
- +7.5% vs RIOT's +201.2%
RIOT carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 3.87
- Rev growth 71.9%, EPS growth -6.7%
- 7.8% 10Y total return vs HUT's 5.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 71.9% NII/revenue growth vs HUT's -90.7% | |
| Value | Better valuation composite | |
| Quality / Margins | Efficiency ratio 0.5% vs HUT's 14.9% (lower = leaner) | |
| Stability / Safety | Beta 3.87 vs HUT's 4.51, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +7.5% vs RIOT's +201.2% | |
| Efficiency (ROA) | Efficiency ratio 0.5% vs HUT's 14.9% |
HUT vs RIOT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
HUT 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)
RIOT leads this category, winning 4 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
RIOT is the larger business by revenue, generating $647M annually — 42.9x HUT's $15M. Profitability is closely matched — net margins range from -102.4% (RIOT) to -15.0% (HUT).
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $15M | $647M |
| EBITDAEarnings before interest/tax | -$389M | -$450M |
| Net IncomeAfter-tax profit | -$312M | -$867M |
| Free Cash FlowCash after capex | -$892M | -$1.0B |
| Gross MarginGross profit ÷ Revenue | -6.1% | -15.6% |
| Operating MarginEBIT ÷ Revenue | -21.0% | -61.8% |
| Net MarginNet income ÷ Revenue | -15.0% | -102.4% |
| FCF MarginFCF ÷ Revenue | -22.7% | -119.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | -52.3% | -60.0% |
Valuation Metrics
RIOT leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $12.1B | $9.0B |
| Enterprise ValueMkt cap + debt − cash | $12.5B | $9.0B |
| Trailing P/EPrice ÷ TTM EPS | -50.91x | -12.14x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 801.01x | 13.86x |
| Price / BookPrice ÷ Book value/share | 6.79x | 2.82x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
RIOT leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
HUT delivers a -17.7% return on equity — every $100 of shareholder capital generates $-18 in annual profit, vs $-29 for RIOT. RIOT carries lower financial leverage with a 0.10x debt-to-equity ratio, signaling a more conservative balance sheet compared to HUT's 0.25x. On the Piotroski fundamental quality scale (0–9), RIOT scores 3/9 vs HUT's 2/9, reflecting mixed financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -17.7% | -28.8% |
| ROA (TTM)Return on assets | -11.2% | -21.5% |
| ROICReturn on invested capital | -13.8% | -8.7% |
| ROCEReturn on capital employed | -17.0% | -11.0% |
| Piotroski ScoreFundamental quality 0–9 | 2 | 3 |
| Debt / EquityFinancial leverage | 0.25x | 0.10x |
| Net DebtTotal debt minus cash | $384M | $46M |
| Cash & Equiv.Liquid assets | $45M | $234M |
| Total DebtShort + long-term debt | $429M | $280M |
| Interest CoverageEBIT ÷ Interest expense | -9.18x | -16.47x |
Total Returns (Dividends Reinvested)
HUT leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in HUT five years ago would be worth $46,024 today (with dividends reinvested), compared to $7,078 for RIOT. Over the past 12 months, HUT leads with a +753.8% total return vs RIOT's +201.2%. The 3-year compound annual growth rate (CAGR) favors HUT at 130.0% vs RIOT's 31.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +112.5% | +67.2% |
| 1-Year ReturnPast 12 months | +753.8% | +201.2% |
| 3-Year ReturnCumulative with dividends | +1117.2% | +125.7% |
| 5-Year ReturnCumulative with dividends | +360.2% | -29.2% |
| 10-Year ReturnCumulative with dividends | +505.6% | +778.2% |
| CAGR (3Y)Annualised 3-year return | +130.0% | +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 HUT's 4.51 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 4.51x | 3.87x |
| 52-Week HighHighest price in past year | $111.33 | $23.94 |
| 52-Week LowLowest price in past year | $12.23 | $7.66 |
| % of 52W HighCurrent price vs 52-week peak | +97.9% | +98.9% |
| RSI (14)Momentum oscillator 0–100 | 67.2 | 66.1 |
| Avg Volume (50D)Average daily shares traded | 4.6M | 18.2M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates HUT as "Buy" and RIOT as "Buy". Consensus price targets imply 17.8% upside for RIOT (target: $28) vs -27.9% for HUT (target: $79).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $78.50 | $27.90 |
| # AnalystsCovering analysts | 15 | 18 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | 2 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.0% |
RIOT leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). HUT leads in 1 (Total Returns).
HUT vs RIOT: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is HUT or RIOT a better buy right now?
For growth investors, Riot Platforms, Inc.
(RIOT) is the stronger pick with 71. 9% revenue growth year-over-year, versus -90. 7% for Hut 8 Corp. (HUT). Analysts rate Hut 8 Corp. (HUT) a "Buy" — based on 15 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 — HUT or RIOT?
Over the past 5 years, Hut 8 Corp.
(HUT) delivered a total return of +360. 2%, compared to -29. 2% for Riot Platforms, Inc. (RIOT). Over 10 years, the gap is even starker: RIOT returned +778. 2% versus HUT's +505. 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 — HUT or RIOT?
By beta (market sensitivity over 5 years), Riot Platforms, Inc.
(RIOT) is the lower-risk stock at 3. 87β versus Hut 8 Corp. 's 4. 51β — meaning HUT is approximately 16% 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 25% for Hut 8 Corp. — giving it more financial flexibility in a downturn.
04Which is growing faster — HUT or RIOT?
By revenue growth (latest reported year), Riot Platforms, Inc.
(RIOT) is pulling ahead at 71. 9% versus -90. 7% for Hut 8 Corp. (HUT). On earnings-per-share growth, the picture is similar: Hut 8 Corp. grew EPS -162. 9% 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 — HUT or RIOT?
Riot Platforms, Inc.
(RIOT) is the more profitable company, earning -102. 4% net margin versus -1499. 6% for Hut 8 Corp. — meaning it keeps -102. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: RIOT leads at -61. 8% versus -21. 0% for HUT. At the gross margin level — before operating expenses — RIOT leads at -15. 6%, 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 — HUT 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 HUT 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). Hut 8 Corp. (HUT) carries a higher beta of 4. 51 — 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%, HUT: +505. 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 HUT and RIOT?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: HUT is a mid-cap quality compounder stock; RIOT is a small-cap high-growth stock. 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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