Hut 8 Mining Corp
Hut 8 Corp. operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America. The company operates through four segments: Power, Digital Infrastructure, Compute, and Other. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiri… Read more
Market Cap & Net Worth: Hut 8 Mining Corp (HUT)
Hut 8 Mining Corp (TO:HUT) has a market capitalization of $4.99 Billion (CA$7.16 Billion) as of March 18, 2026. Listed on the TO stock exchange, this Canada-based company holds position #3227 globally and #8 in its home market, demonstrating a -5.52% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hut 8 Mining Corp's stock price CA$66.28 by its total outstanding shares 108036632 (108.04 Million).
Hut 8 Mining Corp Market Cap History: 2018 to 2026
Hut 8 Mining Corp's market capitalization history from 2018 to 2026. Data shows growth from $526.55 Million to $4.99 Billion (16.10% CAGR).
Hut 8 Mining Corp Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Hut 8 Mining Corp's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
3.30x
Hut 8 Mining Corp's market cap is 3.30 times its annual revenue
0.36x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
6.67x
Hut 8 Mining Corp's market cap is 6.67 times its annual earnings
0.77x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2018 | $526.55 Million | $49.44 Million | -$136.77 Million | 10.65x | N/A |
| 2019 | $402.44 Million | $81.99 Million | $2.13 Million | 4.91x | 188.89x |
| 2020 | $1.31 Billion | $40.71 Million | -$19.31 Million | 32.24x | N/A |
| 2021 | $3.73 Billion | $173.77 Million | -$40.94 Million | 21.49x | N/A |
| 2022 | $436.29 Million | $150.68 Million | -$242.81 Million | 2.90x | N/A |
| 2023 | $1.33 Billion | $81.80 Million | $16.45 Million | 16.26x | 80.84x |
| 2024 | $2.21 Billion | $671.72 Million | $331.88 Million | 3.30x | 6.67x |
Competitor Companies of HUT by Market Capitalization
Companies near Hut 8 Mining Corp in the global market cap rankings as of March 18, 2026.
Key companies related to Hut 8 Mining Corp by market ranking:
- Goldman Sachs Group Inc (NYSE:GS): Ranked #62 globally with a market cap of $236.20 Billion USD.
- Morgan Stanley (NYSE:MS): Ranked #85 globally with a market cap of $187.09 Billion USD.
- Charles Schwab Corp (NYSE:SCHW): Ranked #109 globally with a market cap of $156.63 Billion USD.
- The Charles Schwab Corporation (MX:SCHW): Ranked #135 globally with a market cap of $136.01 Billion USD ( MX$2.80 Trillion MXN).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #62 | Goldman Sachs Group Inc | NYSE:GS | $236.20 Billion | $794.77 |
| #85 | Morgan Stanley | NYSE:MS | $187.09 Billion | $155.70 |
| #109 | Charles Schwab Corp | NYSE:SCHW | $156.63 Billion | $93.63 |
| #135 | The Charles Schwab Corporation | MX:SCHW | $136.01 Billion | MX$1675.00 |
Hut 8 Mining Corp Historical Marketcap From 2018 to 2026
Between 2018 and today, Hut 8 Mining Corp's market cap moved from $526.55 Million to $ 4.99 Billion, with a yearly change of 16.10%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$4.99 Billion | +5.01% |
| 2025 | CA$4.75 Billion | +114.40% |
| 2024 | CA$2.21 Billion | +66.52% |
| 2023 | CA$1.33 Billion | +204.83% |
| 2022 | CA$436.29 Million | -88.32% |
| 2021 | CA$3.73 Billion | +184.53% |
| 2020 | CA$1.31 Billion | +226.17% |
| 2019 | CA$402.44 Million | -23.57% |
| 2018 | CA$526.55 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Hut 8 Mining Corp was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.99 Billion USD |
| MoneyControl | $4.99 Billion USD |
| MarketWatch | $4.99 Billion USD |
| marketcap.company | $4.99 Billion USD |
| Reuters | $4.99 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.