CleanSpark, Inc. (CLSKW) Financial Ratios
18 years of historical data (2008–2025) · Financial Services · Financial - Capital Markets
EV/EBITDA
1.31
-6% vs avg
5yr avg: 1.40
30Y Low1.4·High1.4
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
0.05
↓-30% vs avg
5yr avg: 0.07
30Y Low0.1·High0.1
ROE
↑
18.5%
↓+290% vs avg
5yr avg: -9.7%
30Y Low-474%·High19%
Debt/EBITDA
↓
1.24
↓-76% vs avg
5yr avg: 5.08
30Y Low1.2·High12.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CLSKW Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
CleanSpark, Inc. trades at 0.3x earnings, 30% below its 5-year average of 0.4x, sitting at the 0th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.4x, the stock trades at a discount of 98%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $95M | $153M | — | — | — | — | — | — | — | — | — |
| Enterprise Value | $877M | $934M | — | — | — | — | — | — | — | — | — |
| P/E Ratio → | 0.30 | 0.43 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.12 | 0.20 | — | — | — | — | — | — | — | — | — |
| P/B Ratio | 0.05 | 0.07 | — | — | — | — | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
CLSKW EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
CleanSpark, Inc.'s enterprise value stands at 1.3x EBITDA, 6% below its 5-year average of 1.4x. The Financial Services sector median is 11.4x, placing the stock at a 88% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.22 | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | 1.31 | 1.40 | — | — | — | — | — | — | — | — | — |
| EV / EBIT | 2.75 | 2.25 | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
CLSKW Profitability
Margins and return-on-capital ratios measuring operating efficiency
CleanSpark, Inc. earns an operating margin of 41.6%, significantly above the Financial Services sector average of 21.2%. Operating margins have expanded from -77.8% to 41.6% over the past 3 years, signaling improving operational efficiency. ROE of 18.5% indicates solid capital efficiency, compared to the sector median of 9.4%. ROIC of 9.9% represents adequate returns on invested capital versus a sector median of 5.7%.
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 | 55.2% | 55.2% | 56.3% | 17.3% | 37.5% | 32.7% | 21.1% | 14.8% | 32.5% | 33.9% | 61.9% |
| Operating Margin | 41.6% | 41.6% | -39.3% | -77.8% | -28.8% | -30.3% | -151.0% | -366.5% | -1222.9% | -1074.6% | -3097.9% |
| Net Profit Margin | 47.6% | 47.6% | -38.5% | -82.0% | -43.6% | -55.5% | -232.8% | -576.2% | -8123.6% | -3013.4% | -3097.1% |
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 | 18.5% | 18.5% | -12.0% | -25.6% | -16.2% | -13.5% | -132.2% | -149.5% | -258.3% | -50.9% | -15.2% |
| ROA | 14.2% | 14.2% | -10.7% | -22.8% | -14.9% | -12.8% | -102.0% | -127.4% | -245.2% | -50.2% | -15.0% |
| ROIC | 9.9% | 9.9% | -8.9% | -17.5% | -7.7% | -5.5% | -58.2% | -63.7% | -28.2% | -13.6% | -11.4% |
| ROCE | 13.7% | 13.7% | -12.1% | -23.7% | -10.4% | -7.3% | -77.9% | -87.1% | -38.6% | -18.1% | -15.2% |
CLSKW Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
CleanSpark, Inc. carries a Debt/EBITDA ratio of 1.2x, which is manageable (70% below the sector average of 4.1x). Net debt stands at $781M ($824M total debt minus $43M cash). Interest coverage of 28.1x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.38 | 0.38 | 0.04 | 0.02 | 0.05 | 0.01 | 0.03 | 0.16 | 0.07 | 0.01 | 0.00 |
| Debt / EBITDA | 1.24 | 1.24 | 12.03 | — | 1.99 | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.36 | -0.03 | -0.02 | 0.00 | -0.04 | -0.16 | -0.25 | 0.04 | 0.01 | -0.01 |
| Net Debt / EBITDA | 1.17 | 1.17 | -9.75 | — | 0.16 | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | 28.14 | 28.14 | -60.71 | -44.02 | -35.12 | -81.65 | -1.41 | -1.75 | -7.65 | -1662.87 | -79414.09 |
CLSKW Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
CleanSpark, Inc.'s current ratio of 4.18x 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 1.38x to 4.18x 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 | 4.18 | 4.18 | 3.75 | 1.38 | 1.49 | 5.74 | 1.53 | 6.58 | 0.41 | 0.43 | 1.69 |
| Quick Ratio | 4.18 | 4.18 | 3.75 | 1.38 | 1.49 | 5.74 | 1.53 | 6.58 | 0.41 | 0.43 | 1.69 |
| Cash Ratio | 0.14 | 0.14 | 0.65 | 0.39 | 0.60 | 1.45 | 0.58 | 5.22 | 0.31 | 0.19 | 1.22 |
| Asset Turnover | — | 0.24 | 0.19 | 0.22 | 0.29 | 0.12 | 0.45 | 0.19 | 0.03 | 0.02 | 0.00 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
CLSKW Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
CleanSpark, Inc. returns 100.0% to shareholders annually — split between a 10.1% dividend yield and 100.0% buyback yield. The earnings yield of 100.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
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 | 10.1% | 7.0% | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
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 | 100.0% | 233.3% | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 100.0% | 95.0% | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 100.0% | 100.0% | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $318M | $217M | $103M | $43M | $29M | $10M | $4M | $3M | $3M | $2M |
Peer Comparison
Compare CLSKW 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 |
|---|---|---|---|---|---|---|---|---|---|
 CLSKWYou | $95M | 0.3 | 1.3 | — | 55.2% | 41.6% | 18.5% | 9.9% | 1.2 |
 MARA | $5B | -3.5 | — | — | -47.7% | -90.6% | -34.5% | -9.0% | — |
 RIOT | $9B | -12.1 | — | — | -15.6% | -61.8% | -22.1% | -8.7% | — |
 CIFR | $9B | -10.2 | — | — | 28.4% | -150.7% | -108.3% | -11.7% | — |
 IREN | $20B | 156.4 | 104.1 | — | 68.3% | 3.5% | 6.0% | 0.7% | 4.9 |
 HUT | $12B | -50.9 | — | — | -614.6% | -2104.6% | -16.9% | -13.8% | — |
 BTBT | $622M | 9.7 | 9.0 | — | 61.9% | 16.8% | 9.2% | 6.5% | 0.2 |
 CORZ | $8B | -28.0 | — | — | 11.9% | -45.4% | — | — | — |
 BITF | $1B | -16.6 | 37.6 | — | -16.8% | -55.8% | -12.0% | -17.1% | 0.7 |
 WULF | $11B | -122.6 | — | — | 55.3% | -54.4% | -31.0% | -10.6% | — |
 NVDA | $5.0T | 42.4 | 37.9 | 52.2 | 71.1% | 60.4% | 101.5% | 81.8% | 0.1 |
| Financial Services Median | — | 13.4 | 11.4 | 10.6 | 63.4% | 21.2% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 18 years · Updated daily
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Start ComparisonCLSKW — Frequently Asked Questions
Quick answers to the most common questions about buying CLSKW stock.
What is CleanSpark, Inc.'s P/E ratio?
CleanSpark, Inc.'s current P/E ratio is 0.3x. The historical average is 0.4x.
What is CleanSpark, Inc.'s EV/EBITDA?
CleanSpark, Inc.'s current EV/EBITDA is 1.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 1.4x.
What is CleanSpark, Inc.'s ROE?
CleanSpark, Inc.'s return on equity (ROE) is 18.5%. The historical average is -95.3%.
Is CLSKW stock overvalued?
Based on historical data, CleanSpark, Inc. is trading at a P/E of 0.3x. Compare with industry peers and growth rates for a complete picture.
What is CleanSpark, Inc.'s dividend yield?
CleanSpark, Inc.'s current dividend yield is 10.07%.
What are CleanSpark, Inc.'s profit margins?
CleanSpark, Inc. has 55.2% gross margin and 41.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does CleanSpark, Inc. have?
CleanSpark, Inc.'s Debt/EBITDA ratio is 1.2x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.