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Riot PlatformsRIOT -8.82%69 Debt-to-Equity is 0.37 as of Mar. 2026, which is 1750% above its 10-year median of 0.02. GuruFocus rates RIOT with a GF Score™ of 69/100 and a GF Value™ of $13.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 610 Capital Markets companies, Riot Platforms ranks worse than 53.28% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Riot Platforms's Debt-to-Equity or its related term are showing as below:
RIOT'
s Debt-to-Equity Range Over the Past 10 Years
Min: -1.47 Med: 0.02 Max: 0.37
Current: 0.37
During the past 13 years, the highest Debt-to-Equity Ratio of Riot Platforms was 0.37. The lowest was -1.47. And the median was 0.02.
RIOT's Debt-to-Equity is ranked worse than 53.28% of 610
companies
in the Capital Markets industry
Industry Median: 0.305
vs RIOT: 0.37
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Riot Platforms Debt-to-Equity Related Terms
Riot Platforms Debt-to-Equity Historical Data
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The historical data trend for Riot Platforms's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Capital Markets subindustry, Riot Platforms's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Riot Platforms Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Riot Platforms's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Riot Platforms's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Riot Platforms (RIOT) has a Debt-to-Equity of 0.37 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Riot Platforms and its competitors. This is 1750% above median its historical median of 0.02. According to the industry distribution chart, Riot Platforms ranks #325 out of 610 companies in the Capital Markets industry, placing it in the top 53.3%.
Is Riot Platforms' Debt-to-Equity too high?
Riot Platforms' current Debt-to-Equity of 0.37 is 1750% above median its 10-year median of 0.02. The Capital Markets industry median Debt-to-Equity is 0.31. Riot Platforms' value of 0.37 is 21.3% above this industry median. Based on the distribution chart, Riot Platforms ranks #325 out of 610 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Riot Platforms has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' Debt-to-Equity compare to XP and SNEX?
According to the Capital Markets industry distribution chart, Riot Platforms ranks #325 out of 610 companies for Debt-to-Equity. This places Riot Platforms in the lower half of its industry. The industry median Debt-to-Equity is 0.31. Riot Platforms' value of 0.37 is 21.3% above this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.31, Riot Platforms has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.31, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Riot Platforms's current Debt-to-Equity of 0.37 is 21.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Riot Platforms and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riot Platforms's current Debt-to-Equity is 0.37, which is 1750% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riot Platforms stock overvalued right now?
Based on GuruFocus' analysis, Riot Platforms (RIOT) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.56, compared to a current price of $20.17 — trading 48.7% above its estimated fair value. The current Debt-to-Equity is 0.37, which is 1750% above median its 10-year median of 0.02 and 21.3% above the Capital Markets industry median of 0.31. Riot Platforms' overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Riot Platforms (RIOT), the current Debt-to-Equity is 0.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Riot Platforms (RIOT) Overvalued in 2026?
Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued.
The current stock price of $20.17 is trading 48.7% above its estimated GF Value™ of $13.56.
GuruFocus considers Riot Platforms to be Significantly Overvalued.
Key valuation signals for RIOT:
Debt-to-Equity: 0.37 (1750% above median its 10-year median of 0.02)
GF Value™: $13.56 vs. price of $20.17 (48.7% above fair value)
Industry Position: 21.3% above the Capital Markets median (#325 of 610)
No single metric tells the full story. See the RIOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
69GF Score
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