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Stock Comparison

STRD vs MARA

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
STRD
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock

Financial - Capital Markets

Financial ServicesNASDAQ • US
Market Cap$22.29B
5Y Perf.-15.5%
MARA
Marathon Digital Holdings, Inc.

Financial - Capital Markets

Financial ServicesNASDAQ • US
Market Cap$4.83B
5Y Perf.-19.0%

STRD vs MARA — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
STRD logoSTRD
MARA logoMARA
IndustryFinancial - Capital MarketsFinancial - Capital Markets
Market Cap$22.29B$4.83B
Revenue (TTM)$477M$907M
Net Income (TTM)$-3.85B$-1.31B
Gross Margin68.7%-47.7%
Operating Margin-11.4%-90.6%
Forward P/E1.0x
Total Debt$8.24B$3.65B
Cash & Equiv.$2.30B$547M

STRD vs MARALong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

STRD
MARA
StockJun 25May 26Return
MicroStrategy Incor… (STRD)10084.5-15.5%
Marathon Digital Ho… (MARA)10081.0-19.0%

Price return only. Dividends and distributions are not included.

Quick Verdict: STRD vs MARA

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: STRD and MARA are tied at the top with 3 categories each — the right choice depends on your priorities. Marathon Digital Holdings, Inc. is the stronger pick specifically for growth and revenue expansion and profitability and margin quality. As sector peers, any of these can serve as alternatives in the same allocation.
STRD
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock
The Banking Pick

STRD has the current edge in this matchup, primarily because of its strength in income & stability and long-term compounding.

  • beta 0.87
  • -1.9% 10Y total return vs MARA's -51.6%
  • Lower volatility, beta 0.87, Low D/E 16.1%, current ratio 5.62x
Best for: income & stability and long-term compounding
MARA
Marathon Digital Holdings, Inc.
The Banking Pick

MARA is the clearest fit if your priority is growth exposure.

  • Rev growth 38.2%, EPS growth -314.5%
  • 38.2% NII/revenue growth vs STRD's 3.0%
  • Efficiency ratio 0.4% vs STRD's 12.1% (lower = leaner)
Best for: growth exposure
See the full category breakdown
CategoryWinnerWhy
GrowthMARA logoMARA38.2% NII/revenue growth vs STRD's 3.0%
ValueSTRD logoSTRDBetter valuation composite
Quality / MarginsMARA logoMARAEfficiency ratio 0.4% vs STRD's 12.1% (lower = leaner)
Stability / SafetySTRD logoSTRDBeta 0.87 vs MARA's 3.11, lower leverage
DividendsTieNeither stock pays a meaningful dividend
Momentum (1Y)STRD logoSTRD-1.9% vs MARA's -4.7%
Efficiency (ROA)MARA logoMARAEfficiency ratio 0.4% vs STRD's 12.1%

STRD vs MARA — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

STRDMicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock

Segment breakdown not available.

MARAMarathon Digital Holdings, Inc.
FY 2025
Hosting Services
100.0%$5M

STRD vs MARA — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLSTRDLAGGINGMARA

Income & Cash Flow (Last 12 Months)

MARA leads this category, winning 3 of 4 comparable metrics.

MARA is the larger business by revenue, generating $907M annually — 1.9x STRD's $477M. Profitability is closely matched — net margins range from -144.6% (MARA) to -8.1% (STRD).

MetricSTRD logoSTRDMicroStrategy Inc…MARA logoMARAMarathon Digital …
RevenueTrailing 12 months$477M$907M
EBITDAEarnings before interest/tax-$9.3B$627M
Net IncomeAfter-tax profit-$3.8B-$1.3B
Free Cash FlowCash after capex-$46M-$312M
Gross MarginGross profit ÷ Revenue+68.7%-47.7%
Operating MarginEBIT ÷ Revenue-11.4%-90.6%
Net MarginNet income ÷ Revenue-8.1%-144.6%
FCF MarginFCF ÷ Revenue-34.4%
Rev. Growth (YoY)Latest quarter vs prior year
EPS Growth (YoY)Latest quarter vs prior year-13.2%-4.8%
MARA leads this category, winning 3 of 4 comparable metrics.

Valuation Metrics

STRD leads this category, winning 2 of 3 comparable metrics.
MetricSTRD logoSTRDMicroStrategy Inc…MARA logoMARAMarathon Digital …
Market CapShares × price$22.3B$4.8B
Enterprise ValueMkt cap + debt − cash$28.2B$7.9B
Trailing P/EPrice ÷ TTM EPS-4.98x-3.44x
Forward P/EPrice ÷ next-FY EPS est.1.00x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple
Price / SalesMarket cap ÷ Revenue46.71x5.32x
Price / BookPrice ÷ Book value/share0.41x1.30x
Price / FCFMarket cap ÷ FCF
STRD leads this category, winning 2 of 3 comparable metrics.

Profitability & Efficiency

MARA leads this category, winning 5 of 8 comparable metrics.

STRD delivers a -8.0% return on equity — every $100 of shareholder capital generates $-8 in annual profit, vs $-31 for MARA. STRD carries lower financial leverage with a 0.16x debt-to-equity ratio, signaling a more conservative balance sheet compared to MARA's 1.05x.

MetricSTRD logoSTRDMicroStrategy Inc…MARA logoMARAMarathon Digital …
ROE (TTM)Return on equity-8.0%-30.5%
ROA (TTM)Return on assets-6.3%-17.1%
ROICReturn on invested capital-9.6%-9.0%
ROCEReturn on capital employed-12.6%-12.1%
Piotroski ScoreFundamental quality 0–933
Debt / EquityFinancial leverage0.16x1.05x
Net DebtTotal debt minus cash$5.9B$3.1B
Cash & Equiv.Liquid assets$2.3B$547M
Total DebtShort + long-term debt$8.2B$3.6B
Interest CoverageEBIT ÷ Interest expense-39.91x4.73x
MARA leads this category, winning 5 of 8 comparable metrics.

Total Returns (Dividends Reinvested)

Evenly matched — STRD and MARA each lead in 3 of 6 comparable metrics.

A $10,000 investment in STRD five years ago would be worth $9,810 today (with dividends reinvested), compared to $4,054 for MARA. Over the past 12 months, STRD leads with a -1.9% total return vs MARA's -4.7%. The 3-year compound annual growth rate (CAGR) favors MARA at 10.8% vs STRD's -0.6% — a key indicator of consistent wealth creation.

MetricSTRD logoSTRDMicroStrategy Inc…MARA logoMARAMarathon Digital …
YTD ReturnYear-to-date+3.6%+28.2%
1-Year ReturnPast 12 months-1.9%-4.7%
3-Year ReturnCumulative with dividends-1.9%+36.1%
5-Year ReturnCumulative with dividends-1.9%-59.5%
10-Year ReturnCumulative with dividends-1.9%-51.6%
CAGR (3Y)Annualised 3-year return-0.6%+10.8%
Evenly matched — STRD and MARA each lead in 3 of 6 comparable metrics.

Risk & Volatility

STRD leads this category, winning 2 of 2 comparable metrics.

STRD is the less volatile stock with a 0.87 beta — it tends to amplify market swings less than MARA's 3.11 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. STRD currently trades 78.3% from its 52-week high vs MARA's 54.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricSTRD logoSTRDMicroStrategy Inc…MARA logoMARAMarathon Digital …
Beta (5Y)Sensitivity to S&P 5000.87x3.11x
52-Week HighHighest price in past year$96.81$23.45
52-Week LowLowest price in past year$64.17$6.66
% of 52W HighCurrent price vs 52-week peak+78.3%+54.2%
RSI (14)Momentum oscillator 0–10047.669.6
Avg Volume (50D)Average daily shares traded92K47.6M
STRD leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.
MetricSTRD logoSTRDMicroStrategy Inc…MARA logoMARAMarathon Digital …
Analyst RatingConsensus buy/hold/sellBuy
Price TargetConsensus 12-month target$16.13
# AnalystsCovering analysts19
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%+1.0%
Insufficient data to determine a leader in this category.
Key Takeaway

MARA leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). STRD leads in 2 (Valuation Metrics, Risk & Volatility). 1 tied.

Best OverallMicroStrategy Incorporated … (STRD)Leads 2 of 6 categories
Loading custom metrics...

STRD vs MARA: Frequently Asked Questions

8 questions · data-driven answers · updated daily

01

Is STRD or MARA a better buy right now?

For growth investors, Marathon Digital Holdings, Inc.

(MARA) is the stronger pick with 38. 2% revenue growth year-over-year, versus 3. 0% for MicroStrategy Incorporated 10. 00% Series A Perpetual Stride Preferred Stock (STRD). Analysts rate Marathon Digital Holdings, Inc. (MARA) a "Buy" — based on 19 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.

02

Which is the better long-term investment — STRD or MARA?

Over the past 5 years, MicroStrategy Incorporated 10.

00% Series A Perpetual Stride Preferred Stock (STRD) delivered a total return of -1. 9%, compared to -59. 5% for Marathon Digital Holdings, Inc. (MARA). Over 10 years, the gap is even starker: STRD returned -1. 9% versus MARA's -51. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — STRD or MARA?

By beta (market sensitivity over 5 years), MicroStrategy Incorporated 10.

00% Series A Perpetual Stride Preferred Stock (STRD) is the lower-risk stock at 0. 87β versus Marathon Digital Holdings, Inc. 's 3. 11β — meaning MARA is approximately 256% more volatile than STRD relative to the S&P 500. On balance sheet safety, MicroStrategy Incorporated 10. 00% Series A Perpetual Stride Preferred Stock (STRD) carries a lower debt/equity ratio of 16% versus 105% for Marathon Digital Holdings, Inc. — giving it more financial flexibility in a downturn.

04

Which is growing faster — STRD or MARA?

By revenue growth (latest reported year), Marathon Digital Holdings, Inc.

(MARA) is pulling ahead at 38. 2% versus 3. 0% for MicroStrategy Incorporated 10. 00% Series A Perpetual Stride Preferred Stock (STRD). On earnings-per-share growth, the picture is similar: MicroStrategy Incorporated 10. 00% Series A Perpetual Stride Preferred Stock grew EPS -151. 3% year-over-year, compared to -314. 5% for Marathon Digital Holdings, 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.

05

Which has better profit margins — STRD or MARA?

Marathon Digital Holdings, Inc.

(MARA) is the more profitable company, earning -144. 6% net margin versus -806. 3% for MicroStrategy Incorporated 10. 00% Series A Perpetual Stride Preferred Stock — meaning it keeps -144. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MARA leads at -90. 6% versus -1140. 8% for STRD. At the gross margin level — before operating expenses — STRD leads at 68. 7%, 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.

06

Which pays a better dividend — STRD or MARA?

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.

07

Is STRD or MARA better for a retirement portfolio?

For long-horizon retirement investors, MicroStrategy Incorporated 10.

00% Series A Perpetual Stride Preferred Stock (STRD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 87)). Marathon Digital Holdings, Inc. (MARA) carries a higher beta of 3. 11 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (STRD: -1. 9%, MARA: -51. 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.

08

What are the main differences between STRD and MARA?

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: STRD is a mid-cap quality compounder stock; MARA 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.

Find Stocks Like These

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Stocks Like

STRD

Quality Business

  • Sector: Financial Services
  • Market Cap > $100B
  • Gross Margin > 41%
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MARA

High-Growth Disruptor

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 19%
Run This Screen
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Beat Both

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Revenue Growth>
%
(STRD: 3.0% · MARA: 38.2%)

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