MARA Holdings, Inc.

NasdaqCM:MARA Stock Report

Market Cap: US$6.5b

MARA Holdings Management

Management criteria checks 3/4

MARA Holdings' CEO is Fred Thiel, appointed in Apr 2021, has a tenure of 3.75 years. total yearly compensation is $36.12M, comprised of 2.2% salary and 97.8% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $17.50M. The average tenure of the management team and the board of directors is 2.3 years and 3 years respectively.

Key information

Fred Thiel

Chief executive officer

US$36.1m

Total compensation

CEO salary percentage2.2%
CEO tenure3.8yrs
CEO ownership0.3%
Management average tenure2.3yrs
Board average tenure3yrs

Recent management updates

Recent updates

MARA Holdings: Trump Trade That Wasn't; Buying Aggressively After Inauguration

Jan 23

MARA Holdings: Second-Largest Bitcoin Company Trades At Deep Value

Jan 16

What You Can Learn From MARA Holdings, Inc.'s (NASDAQ:MARA) P/S After Its 26% Share Price Crash

Jan 05
What You Can Learn From MARA Holdings, Inc.'s (NASDAQ:MARA) P/S After Its 26% Share Price Crash

Estimating The Intrinsic Value Of MARA Holdings, Inc. (NASDAQ:MARA)

Dec 19
Estimating The Intrinsic Value Of MARA Holdings, Inc. (NASDAQ:MARA)

MARA Holdings: A Pioneering Force In Crypto

Dec 09

MARA Holdings: If You Can't Beat Hyperscalers, Partner With Them

Nov 20

We Think That There Are Issues Underlying MARA Holdings' (NASDAQ:MARA) Earnings

Nov 19
We Think That There Are Issues Underlying MARA Holdings' (NASDAQ:MARA) Earnings

MARA Holdings, Inc.'s (NASDAQ:MARA) P/S Is Still On The Mark Following 56% Share Price Bounce

Nov 12
MARA Holdings, Inc.'s (NASDAQ:MARA) P/S Is Still On The Mark Following 56% Share Price Bounce

These 4 Measures Indicate That MARA Holdings (NASDAQ:MARA) Is Using Debt Reasonably Well

Nov 11
These 4 Measures Indicate That MARA Holdings (NASDAQ:MARA) Is Using Debt Reasonably Well

MARA Holdings: Mining Kaspa Doesn't Fix The Fundamental Problem

Oct 17

MARA: Top Miner Now Mining And Buying Bitcoin

Aug 24

With A 27% Price Drop For Marathon Digital Holdings, Inc. (NASDAQ:MARA) You'll Still Get What You Pay For

Aug 13
With A 27% Price Drop For Marathon Digital Holdings, Inc. (NASDAQ:MARA) You'll Still Get What You Pay For

An Intrinsic Calculation For Marathon Digital Holdings, Inc. (NASDAQ:MARA) Suggests It's 41% Undervalued

Jul 23
An Intrinsic Calculation For Marathon Digital Holdings, Inc. (NASDAQ:MARA) Suggests It's 41% Undervalued

These 4 Measures Indicate That Marathon Digital Holdings (NASDAQ:MARA) Is Using Debt Reasonably Well

Jul 02
These 4 Measures Indicate That Marathon Digital Holdings (NASDAQ:MARA) Is Using Debt Reasonably Well

Marathon Digital: Progress On Scaling And Efficiency, But Volatility Should Persist

May 25

After Leaping 35% Marathon Digital Holdings, Inc. (NASDAQ:MARA) Shares Are Not Flying Under The Radar

May 21
After Leaping 35% Marathon Digital Holdings, Inc. (NASDAQ:MARA) Shares Are Not Flying Under The Radar

Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) Share Price Is Still Matching Investor Opinion Despite 27% Slump

Apr 03
Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) Share Price Is Still Matching Investor Opinion Despite 27% Slump

Marathon Digital Is No Longer A Bitcoin Proxy

Mar 08

Marathon Digital: Earn A 21% Annualized Yield Betting On This Leading Bitcoin Miner

Feb 12

Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) Share Price Is Still Matching Investor Opinion Despite 31% Slump

Feb 06
Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) Share Price Is Still Matching Investor Opinion Despite 31% Slump

Marathon Digital: Poised To Ride The Bullish Bitcoin Wave In 2024

Jan 11

CEO Compensation Analysis

How has Fred Thiel's remuneration changed compared to MARA Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD36.12M) is above average for companies of similar size in the US market ($USD7.90M).

Compensation vs Earnings: Fred's compensation has been consistent with company performance over the past year.

CEO

Fred Thiel (63 yo)

3.8yrs

Tenure

US$36,116,620

Compensation

Mr. Frederick G. Thiel, also known as Fred, is Chairman of the Board of UneeQ Limited from October 2022. He served as Advisor of UneeQ Limited since October 2022. He serves as Chief Executive Officer at MA...

Leadership Team

NamePositionTenureCompensationOwnership
Frederick Thiel
CEO & Executive Chairman3.8yrsUS$36.12m0.27%
$ 17.5m
Salman Khan
Chief Financial Officer1.6yrsUS$21.17m0.11%
$ 7.1m
James Crawford
Chief Operating Officer11.8yrsUS$7.56m0%
$ 0
Ashu Swami
Chief Technology Officer3.1yrsUS$9.77m0%
$ 0
Adam Swick
Chief Growth Officerno dataUS$7.29m0%
$ 0
John Ellis
Chief Accounting Officer1yrno datano data
Robert Samuels
Vice President of Investor Relationsno datano datano data
Zabi Nowaid
General Counsel & Company Secretaryno datano data0.030%
$ 2.0m
Narenderkumar Dharamveer Madnani
Managing Director of EMEA Expansionless than a yearno datano data
William Beam
Vice President of Finance & Operations Controlno datano datano data

2.3yrs

Average Tenure

49yo

Average Age

Experienced Management: MARA's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Frederick Thiel
CEO & Executive Chairman6.8yrsUS$36.12m0.27%
$ 17.5m
Douglas Mellinger
Lead Independent Director2.8yrsUS$1.19m0.032%
$ 2.1m
Georges Antoun
Independent Director3.7yrsUS$1.26m0.028%
$ 1.8m
Janet George
Directorless than a yearno data0%
$ 0
Sameer Doctor
Member of Advisory Board3.3yrsno datano data
Jay Leupp
Independent Director3.7yrsUS$1.26m0.031%
$ 2.0m
Barbara Humpton
Directorless than a yearno data0%
$ 0
Vicki Mealer-Burke
Independent Directorless than a yearno data0.00029%
$ 18.9k

3.0yrs

Average Tenure

61yo

Average Age

Experienced Board: MARA's board of directors are considered experienced (3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 11:24
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

MARA Holdings, Inc. is covered by 22 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Ramsey El-AssalBarclays
Lucas PipesB. Riley Securities, Inc.