MGTE (Marblegate Capital) ROA %: -0.65% (As of Mar. 2026)

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MGTE Marblegate Capital Corp MGTE
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What is Marblegate Capital ROA %?

Marblegate Capital MGTE +3.96% 14 ROA % is -0.65% as of Mar. 2026. GuruFocus rates MGTE with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 556 Diversified Financial Services companies, Marblegate Capital ranks worse than 67.99% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Marblegate Capital's annualized Net Income for the quarter that ended in Mar. 2026 was $-4.64 Mil. Marblegate Capital's average Total Assets over the quarter that ended in Mar. 2026 was $709.75 Mil. Therefore, Marblegate Capital's annualized ROA % for the quarter that ended in Mar. 2026 was -0.65%.

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

MGTE' s ROA % Range Over the Past 10 Years
Min: -6.49   Med: -2.55   Max: 1.39
Current: -6.19

During the past 3 years, Marblegate Capital's highest ROA % was 1.39%. The lowest was -6.49%. And the median was -2.55%.

MGTE's ROA % is ranked worse than
67.99% of 556 companies
in the Diversified Financial Services industry
Industry Median: 0.73 vs MGTE: -6.19

Marblegate Capital  (OTCPK:MGTE) 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
=-4.64/709.749
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.64 / 56.488)*(56.488 / 709.749)
=Net Margin %*Asset Turnover
=-8.21 %*0.0796
=-0.65 %

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.


Marblegate Capital ROA % Related Terms


Marblegate Capital ROA % Historical Data

* Premium members only.

The historical data trend for Marblegate Capital'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.

Marblegate Capital ROA % Chart

Marblegate Capital Annual Data
Trend Dec23 Dec24 Dec25
ROA %
0.00 1.39 -6.49

Marblegate Capital Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.19 -29.08 -1.05 4.92 -0.65

MGTE vs ALIS, FGMC, LPAA: ROA % Comparison

For the Shell Companies subindustry, Marblegate Capital'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.


Marblegate Capital ROA % vs Diversified Financial Services Industry

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

* The bar in red indicates where Marblegate Capital's ROA % falls into.


MGTE
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Marblegate Capital Corp MGTE
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Marblegate Capital ROA % Calculation

Marblegate Capital'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 )
=-44.947/( (673.018+713.032)/ 2 )
=-44.947/693.025
=-6.49 %

Marblegate Capital'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 )
=-4.64/( (713.032+706.466)/ 2 )
=-4.64/709.749
=-0.65 %

* 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 -0.65% mean?
Marblegate Capital (MGTE) has a ROA % of -0.65% 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 Marblegate Capital and its competitors. According to the industry distribution chart, Marblegate Capital ranks #378 out of 556 companies in the Diversified Financial Services industry, placing it in the top 68%.
Is Marblegate Capital's ROA % too high?
Marblegate Capital's current ROA % is -0.65%. Based on the distribution chart, Marblegate Capital ranks #378 out of 556 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Marblegate Capital has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Marblegate Capital's ROA % compare to ALIS and FGMC?
According to the Diversified Financial Services industry distribution chart, Marblegate Capital ranks #378 out of 556 companies for ROA %. This places Marblegate Capital in the lower half of its industry. The industry median ROA % is 0.73. 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 Diversified Financial Services company?
The median ROA % among Diversified Financial Services companies is 0.73, based on 556 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 Marblegate Capital and its competitors. For the Diversified Financial Services industry, the median ROA % is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marblegate Capital's current ROA % is -0.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marblegate Capital stock overvalued right now?
Marblegate Capital (MGTE) has a current ROA % of -0.65%. The current ROA % is -0.65%. Marblegate Capital's overall GF Score™ is 14/100 with 1 warning sign 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 Marblegate Capital (MGTE), the current ROA % is -0.65% 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.

Marblegate Capital Business Description

Address 5 Greenwich Office Park, Suite 400, Greenwich, CT, USA, 06831
Marblegate Capital Corp is a vertically integrated fleet operator and specialty finance lender in the New York City (NYC) taxi market, focused on NYC taxi medallions. Its business is organized into two segments: Specialty Finance, which owns and services loans collateralized by taxi medallions and generates interest income, fees, and capital gains, with defaulted loans transferring medallions to Fleet Operations; and Fleet Operations, which generates maximum revenue by owning and operating taxi medallions through a licensed fleet, while also identifying buyers who may purchase medallions through seller financing, creating new loans for the Specialty Finance segment.
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