Riot Platforms (MEX:RIOT) ROA %: -54.33% (As of Mar. 2026)


MEX:RIOT Riot Platforms Inc MEX:RIOT
65 GF Score
Price MXN499.37
GF Value MXN233.18
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Riot Platforms ROA %?

Riot Platforms MEX:RIOT +3.76% 65 ROA % is -54.33% as of Mar. 2026. GuruFocus rates MEX:RIOT with a GF Score™ of 65/100 and a GF Value™ of MXN233.18 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 816 Capital Markets companies, Riot Platforms ranks worse than 90.07% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Riot Platforms's annualized Net Income for the quarter that ended in Mar. 2026 was MXN-36,100 Mil. Riot Platforms's average Total Assets over the quarter that ended in Mar. 2026 was MXN66,441 Mil. Therefore, Riot Platforms's annualized ROA % for the quarter that ended in Mar. 2026 was -54.33%.

The historical rank and industry rank for Riot Platforms's ROA % or its related term are showing as below:

MEX:RIOT' s ROA % Range Over the Past 10 Years
Min: -175.26   Med: -19.7   Max: 3.65
Current: -21.84

During the past 13 years, Riot Platforms's highest ROA % was 3.65%. The lowest was -175.26%. And the median was -19.70%.

MEX:RIOT's ROA % is ranked worse than
90.07% of 816 companies
in the Capital Markets industry
Industry Median: 1.495 vs MEX:RIOT: -21.84

Riot Platforms  (MEX:RIOT) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-36099.808/66440.5145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-36099.808 / 12061.64)*(12061.64 / 66440.5145)
=Net Margin %*Asset Turnover
=-299.29 %*0.1815
=-54.33 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Riot Platforms ROA % Related Terms


Riot Platforms ROA % Historical Data

* Premium members only.

The historical data trend for Riot Platforms's ROA % 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.

Riot Platforms ROA % Chart

Riot Platforms Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.72 -34.88 -2.77 3.90 -15.61

Riot Platforms Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.67 21.09 9.42 -65.01 -54.33

MEX:RIOT vs HLI, SF, JEF: ROA % Comparison

For the Capital Markets subindustry, Riot Platforms's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Riot Platforms's ROA % distribution charts can be found below:

* The bar in red indicates where Riot Platforms's ROA % falls into.


MEX:RIOT
65GF Score
Riot Platforms Inc MEX:RIOT
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riot Platforms ROA % Calculation

Riot Platforms's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-11941.038/( (82073.582+70884.246)/ 2 )
=-11941.038/76478.914
=-15.61 %

Riot Platforms's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-36099.808/( (70884.246+61996.783)/ 2 )
=-36099.808/66440.5145
=-54.33 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -54.33% mean?
Riot Platforms (MEX:RIOT) has a ROA % of -54.33% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Riot Platforms and its competitors. According to the industry distribution chart, Riot Platforms ranks #735 out of 816 companies in the Capital Markets industry, placing it in the top 90.1%.
Is Riot Platforms' ROA % too high?
Riot Platforms' current ROA % is -54.33%. Based on the distribution chart, Riot Platforms ranks #735 out of 816 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Riot Platforms has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' ROA % compare to HLI and SF?
According to the Capital Markets industry distribution chart, Riot Platforms ranks #735 out of 816 companies for ROA %. This places Riot Platforms in the lower half of its industry. The industry median ROA % is 1.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 816 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Riot Platforms and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riot Platforms's current ROA % is -54.33%. 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 (MEX:RIOT) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN233.18, compared to a current price of MXN499.37 — trading 114.2% above its estimated fair value. The current ROA % is -54.33%. Riot Platforms' overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Riot Platforms (MEX:RIOT), the current ROA % is -54.33% 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 (MEX:RIOT) Overvalued in 2026?

Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued. The current stock price of MXN499.37 is trading 114.2% above its estimated GF Value™ of MXN233.18. GuruFocus considers Riot Platforms to be Significantly Overvalued.

Key valuation signals for MEX:RIOT:

  • ROA %: -54.33%
  • GF Value™: MXN233.18 vs. price of MXN499.37 (114.2% above fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the MEX:RIOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riot Platforms Business Description

Address 3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109
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.
65GF Score

Get the complete analysis for MEX:RIOT

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN499.37
Price
MXN233.18
GF Value