Riot Platforms, Inc.
RIOTFinancial ServicesNASDAQCapital Markets
Scan Results
Daily timeframeRiot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. At a $10.68B market cap, Riot Platforms, Inc. ranks as a large-cap company within financial services. It operates in two segments, Bitcoin Mining and Engineering.
Market Cap
$10.68B
Beta
3.74
P/E (TTM)
—
P/E (Fwd)
-45.91
EPS (TTM)
$-2.49
EPS (Fwd)
$-0.62
ROE
-32.5%
ROA
-12.1%
Cash
$205.7M
Total Debt
$877.2M
Free CF
-$445.8M
52W Change
212.8%
Annual Financials
Cash vs Debt
The company holds $205.7M in cash, though total debt stands at $877.2M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company is burning cash, with free cash flow at -$445.8M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at -32.5%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $259.2M (2022) to $647.4M (2025), reflecting a 150% increase over the period.
Riot Platforms, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing RIOT.