Bit Digital, Inc. (BTBT) Financial Ratios
11 years of historical data (2015–2025) · Financial Services · Financial - Capital Markets
EV/EBITDA
↓
N/A
—
5yr avg: 10.54
30Y Low5.6·High15.5
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↑
6.47
↑+183% vs avg
5yr avg: 2.29
30Y Low0.5·High17.6
ROE
↓
-12.1%
↓+37% vs avg
5yr avg: -19.2%
30Y Low-120%·High9%
Debt/EBITDA
N/A
—
5yr avg: 0.23
30Y Low0.1·High0.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BTBT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Bit Digital, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $707M | $4.9B | $415M | $370M | $47M | $337M | $670M | $6M | $94M | — | — |
| Enterprise Value | $719M | $4.9B | $333M | $358M | $14M | $295M | $670M | $6M | $91M | — | — |
| P/E Ratio → | -7.00 | — | 14.65 | — | — | — | — | — | — | — | — |
| P/S Ratio | 6.22 | 42.92 | 2.53 | 8.24 | 1.46 | 3.51 | 31.82 | — | 11.86 | — | — |
| P/B Ratio | 6.47 | 5.63 | 0.89 | 2.42 | 0.52 | 1.96 | 17.64 | 1.49 | 7.75 | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | 334.91 | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
BTBT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 43.02 | 2.03 | 7.98 | 0.45 | 3.07 | 31.81 | — | 11.56 | — | — |
| EV / EBITDA | — | — | 5.57 | — | — | 15.51 | 137.28 | — | — | — | — |
| EV / EBIT | — | — | 12.09 | — | — | 22.55 | 597.99 | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
BTBT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Bit Digital, Inc. earns an operating margin of -49.8%, below the Financial Services sector average of 20.3%. Operating margins have compressed from -37.0% to -49.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -12.1% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.4% | 21.4% | 61.9% | 34.2% | 36.9% | 68.0% | 33.0% | — | — | 94.4% | 100.0% |
| Operating Margin | -49.8% | -49.8% | 16.8% | -37.0% | -331.8% | 6.1% | 7.4% | — | -24.0% | -19.5% | 5.9% |
| Net Profit Margin | -70.7% | -70.7% | 17.3% | -30.9% | -326.0% | -1.1% | -10.8% | — | -44.8% | -13.5% | 4.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -12.1% | -12.1% | 9.2% | -11.5% | -80.5% | -1.0% | -10.8% | -119.7% | -28.8% | -8.9% | 3.3% |
| ROA | -9.4% | -9.4% | 7.8% | -9.6% | -75.1% | -0.9% | -10.3% | -113.9% | -27.9% | -8.6% | 3.2% |
| ROIC | -5.8% | -5.8% | 6.5% | -10.0% | -61.5% | 4.2% | 5.5% | -18.5% | -11.6% | -9.6% | 3.4% |
| ROCE | -7.2% | -7.2% | 8.5% | -13.0% | -80.0% | 5.5% | 7.4% | -24.7% | -15.4% | -12.8% | 4.5% |
BTBT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $12M ($134M total debt minus $122M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.16 | 0.16 | 0.03 | 0.04 | — | — | 0.01 | — | — | — | — |
| Debt / EBITDA | — | — | 0.23 | — | — | — | 0.07 | — | — | — | — |
| Net Debt / Equity | — | 0.01 | -0.18 | -0.08 | -0.36 | -0.25 | -0.00 | -0.00 | -0.19 | -0.44 | -0.84 |
| Net Debt / EBITDA | — | — | -1.36 | — | — | -2.23 | -0.01 | — | — | — | -28.84 |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -18.30 | -18.30 | — | — | — | — | — | — | — | -743.98 | — |
BTBT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Bit Digital, Inc.'s current ratio of 6.36x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 3.04x to 6.36x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 6.36 | 6.36 | 5.39 | 3.04 | 8.65 | 19.14 | 4.60 | 1.30 | 14.05 | 21.43 | 28.02 |
| Quick Ratio | 6.36 | 6.36 | 5.39 | 3.04 | 8.65 | 19.14 | 4.60 | 1.30 | 14.05 | 21.43 | 28.02 |
| Cash Ratio | 1.31 | 1.31 | 1.73 | 0.67 | 4.39 | 8.40 | 0.21 | 0.04 | 5.79 | 11.63 | 26.14 |
| Asset Turnover | — | 0.10 | 0.30 | 0.24 | 0.32 | 0.53 | 0.53 | — | 0.63 | 0.54 | 0.41 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
BTBT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Bit Digital, Inc. returns 0.0% to shareholders annually primarily through dividends.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | 2.8% | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 6.8% | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $2.6B | $142M | $88M | $79M | $55M | $31M | $15M | $14M | $15M | $15M |
Peer Comparison
Compare BTBT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BTBTYou | $707M | -7.0 | — | — | 21.4% | -49.8% | -12.1% | -5.8% | — |
 MARA | $5B | -3.9 | — | — | -47.7% | -90.6% | -34.5% | -9.0% | — |
 RIOT | $11B | -14.4 | — | — | -15.6% | -61.8% | -22.1% | -8.7% | — |
 CLSK | $4B | 15.4 | 7.8 | — | 41.6% | 41.6% | 18.5% | 10.3% | 1.2 |
 CIFR | $12B | -13.6 | — | — | 28.4% | -150.7% | -108.3% | -11.7% | — |
 HUT | $14B | -58.1 | — | — | -614.6% | -2104.6% | -16.9% | -13.8% | — |
 BITF | $1B | -16.6 | 37.6 | — | -8.2% | -65.2% | -48.7% | -12.0% | — |
 CORZ | $9B | -33.1 | — | — | 11.9% | -70.4% | — | — | — |
 IREN | $21B | 153.7 | 109.8 | — | 68.3% | 3.5% | 6.0% | 0.7% | 4.9 |
 WULF | $12B | -17.5 | — | — | 50.9% | -101.1% | -343.7% | -4.2% | — |
 BTDR | $4B | 64.0 | — | — | 9.8% | -29.8% | 11.5% | -14.0% | — |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 11 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
BTBT — Frequently Asked Questions
Quick answers to the most common questions about buying BTBT stock.
What is Bit Digital, Inc.'s P/E ratio?
Bit Digital, Inc.'s current P/E ratio is -7.0x. The historical average is 14.7x.
What is Bit Digital, Inc.'s ROE?
Bit Digital, Inc.'s return on equity (ROE) is -12.1%. The historical average is -24.9%.
Is BTBT stock overvalued?
Based on historical data, Bit Digital, Inc. is trading at a P/E of -7.0x. Compare with industry peers and growth rates for a complete picture.
What is Bit Digital, Inc.'s dividend yield?
Bit Digital, Inc.'s current dividend yield is 0.01%.
What are Bit Digital, Inc.'s profit margins?
Bit Digital, Inc. has 21.4% gross margin and -49.8% operating margin.