MARA Holdings, Inc.

BMV:MARA * Stock Report

Market Cap: Mex$123.7b

MARA Holdings Management

Management criteria checks 2/4

MARA Holdings' CEO is Fred Thiel, appointed in Apr 2021, has a tenure of 4.25 years. total yearly compensation is $43.24M, comprised of 2.2% salary and 97.8% bonuses, including company stock and options. directly owns 1.12% of the company’s shares, worth MX$1.39B. The average tenure of the management team and the board of directors is 2.1 years and 3.5 years respectively.

Key information

Fred Thiel

Chief executive officer

US$43.2m

Total compensation

CEO salary percentage2.20%
CEO tenure4.3yrs
CEO ownership1.1%
Management average tenure2.1yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Fred Thiel's remuneration changed compared to MARA Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$329m

Dec 31 2024US$43mUS$950k

US$541m

Sep 30 2024n/an/a

US$165m

Jun 30 2024n/an/a

US$289m

Mar 31 2024n/an/a

US$478m

Dec 31 2023US$36mUS$800k

US$259m

Sep 30 2023n/an/a

-US$284m

Jun 30 2023n/an/a

-US$357m

Mar 31 2023n/an/a

-US$558m

Dec 31 2022US$7mUS$678k

-US$694m

Sep 30 2022n/an/a

-US$292m

Jun 30 2022n/an/a

-US$241m

Mar 31 2022n/an/a

-US$138m

Dec 31 2021US$19mUS$340k

-US$30m

Sep 30 2021n/an/a

-US$53m

Jun 30 2021n/an/a

-US$33m

Mar 31 2021n/an/a

US$74m

Dec 31 2020US$47kn/a

-US$10m

Sep 30 2020n/an/a

-US$6m

Jun 30 2020n/an/a

-US$5m

Mar 31 2020n/an/a

-US$4m

Dec 31 2019US$20kn/a

-US$4m

Sep 30 2019n/an/a

-US$7m

Jun 30 2019n/an/a

-US$7m

Mar 31 2019n/an/a

-US$11m

Dec 31 2018US$13kn/a

-US$13m

Compensation vs Market: Fred's total compensation ($USD43.24M) is above average for companies of similar size in the MX market ($USD2.21M).

Compensation vs Earnings: Fred's compensation has increased whilst the company is unprofitable.

CEO

Fred Thiel (64 yo)

4.3yrs
Tenure
US$43,244,809
Compensation

Mr. Frederick G. Thiel, also known as Fred, is Senior Advisor of Graham Partners, Inc. He was Operating Partner of Graham Partners, Inc. from 2008. He is CEO & Executive Chairman of MARA Holdings, Inc. fro...

Leadership Team

NamePositionTenureCompensationOwnership
Frederick Thiel
CEO & Executive Chairman4.3yrsUS$43.24m1.12%
MX$ 1.4b
Salman Khan
Chief Financial Officer2.1yrsUS$28.44m0.11%
MX$ 133.8m
Zabi Nowaid
General Counsel & Company Secretaryno dataUS$11.59m0.23%
MX$ 285.4m
James Crawford
Chief Operating Officer12.3yrsUS$7.56m0%
MX$ 0
John Ellis
Chief Accounting Officer1.5yrsno datano data
Ashu Swami
Chief Technology Officer3.6yrsUS$9.77m0%
MX$ 0
Robert Samuels
Vice President of Investor Relationsno datano datano data
Adam Swick
Chief Growth Officerno dataUS$7.29m0%
MX$ 0
Narenderkumar Dharamveer Madnani
Managing Director of EMEA Expansion1.3yrsno datano data
Nir Rikovitch
Chief Product Officerno datano datano data
William Beam
Vice President of Finance & Operations Controlno datano datano data
2.1yrs
Average Tenure
48yo
Average Age

Experienced Management: MARA *'s management team is considered experienced (2.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Frederick Thiel
CEO & Executive Chairman7.3yrsUS$43.24m1.12%
MX$ 1.4b
Douglas Mellinger
Lead Independent Director3.3yrsUS$622.96k0.037%
MX$ 46.3m
Georges Antoun
Independent Director4.2yrsUS$646.71k0.035%
MX$ 43.9m
Janet George
Directorless than a yearUS$251.62k0.0030%
MX$ 3.7m
Sameer Doctor
Member of Advisory Board3.8yrsno datano data
Jay Leupp
Independent Director4.2yrsUS$664.21k0.039%
MX$ 47.7m
Barbara Humpton
Directorless than a yearUS$251.62k0.0030%
MX$ 3.7m
Vicki Mealer-Burke
Independent Director1.3yrsUS$599.21k0.0085%
MX$ 10.5m
3.5yrs
Average Tenure
62yo
Average Age

Experienced Board: MARA *'s board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/22 17:21
End of Day Share Price 2025/07/21 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MARA Holdings, Inc. is covered by 22 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ramsey El-AssalBarclays
Nicholas GilesB. Riley Securities, Inc.
Gregory LewisBTIG