Riot Platforms, Inc. Common Stock (RIOT) Stock Analysis
Sector: Financial Services · Industry: Finance Services
AnalystsStrong Buy28 analystsStrengths
- ✓Altman Z 3.4 — safe-zone balance sheet
- ✓Revenue CAGR 32.0% — durable top-line growth
Risks
- ⚠Negative FCF margin (-1.4%) — burning cash
- ⚠SBC 20.7% of revenue — real dilution cost
- ⚠8 loss-making years in recent history
- ⚠Interest coverage -3.1× — thin debt cushion
What's happening with RIOT
Price History
5-Year Weekly Candlestick Chart
Profile
profitability, valuation, growth, earnings quality and financial health lag behind.
How is each axis scored?
- Valuation25/100 · Weak
- P/E vs own history (n/a)10/25
- FCF yield (-10.6%)0/25
- P/S (13.2x)5/25
- EV/EBIT (n/a)10/25
- Growth25/100 · Weak
- Revenue CAGR (32.0%)25/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (n/a)0/25
- Profitability0/100 · Weak
- ROIC (-25.3%)0/25
- ROE (-36.2%)0/25
- Net margin (-132.8%)0/25
- Operating margin (-136.0%)0/25
- Financial Health49/100 · Weak
- Altman Z (3.42)25/25
- Current ratio (1.08)12/25
- Interest coverage (-3.1x)0/25
- Net cash / debt (D/A 11%)12/25
- Quality25/100 · Weak
- Piotroski F (3/9)5/25
- Beneish M (-2.41)20/25
- FCF conversion (n/a)0/25
- Margin stability (σ 1403.0%)0/25
About Riot Platforms, Inc. Common Stock
Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. Show more
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.
Headquarters: CASTLE ROCK, CO · Employees: 816 · Website ↗
Insider Transactions
Recent SEC Form 4 filings
- SellGift · filed 2026-08-14-21198 sh2026-08-12
- SellOpen market sale · filed 2026-08-07-2501 sh2026-08-05
- SellOpen market sale · filed 2026-08-07-9802 sh2026-08-05
- SellOpen market sale · filed 2026-08-07-35430 sh2026-08-05
- SellTax withholding · filed 2026-08-04-153162 sh2026-07-31
+3 more recent filings
Key Metrics
Financial snapshot — pillar inputs plus per-share and market context
Valuation
25EP/E (TTM)—
Price / TTM EPS (own statements)
P/FCF2105.7xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield-10.6%D
Grade D: NegativeTTM FCF / Market Cap — vs own 5Y history: -58.4%–-2.0% · 61st pct
P/S (TTM)13.21xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 1.5x–36.8x · 91st pct
EV/EBITDA15.6xB
Grade B: FairEnterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales13.3xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E—
Price / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio3.60xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio-0.01A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
0EROIC-25.3%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE-36.2%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA-35.0%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin-132.8%D
Grade D: LowNet Income / Revenue
Operating Margin-136.0%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin32.3%C
Grade C: AverageGross Profit / Revenue
FCF Margin-140.4%D
Grade D: LowFCF / Revenue
True FCF Margin-161.2%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Financial Health
49D+Altman Z-Score3.42A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.08xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.83xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage-3.1xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.25xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.35xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Growth
25ERevenue CAGR32.0%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth—
Implied 1Y EPS growth from forward P/E vs our TTM EPS. Sparse — only where forward estimates exist
Dilution (5Y)+315.3%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue20.7%D
Grade D: HighTTM stock-based comp / TTM Revenue
Quality
8/9 Loss Years25EPiotroski F-Score3/9D
Grade D: WeakFinancial strength 0–9. >7 Strong
Beneish M-Score-2.41A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability1403.0%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue43.5%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.16xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
More metrics — Per Share, Balance Sheet, MarketHide additional metrics
Per Share
EPS (TTM)—
TTM net income per share (Finnhub fallback)
Cash / Share$0.63
Cash & short-term investments per share (Finnhub)
Book Value / Share$7.69
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$587.66M
Total debt obligations (short + long term)
Cash & Equiv.$205.67M
Cash and short-term investments
Net Debt$382.00M
Total Debt minus Cash. Negative = Net Cash position
Total Equity$2.39B
Shareholders' equity (book value)
Asset / Liability3.30xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$8.63B
Current Market Capitalization
Beta3.88D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
Takeaway
Company has negative FCF, making debt repayment from operations difficult.
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Mar 2026 · Ratio snapshot Sep 26, 2026
Key Insights: Riot Platforms, Inc. Common Stock (RIOT)
Riot Platforms, Inc. Common Stock meets only 3 of 9 Piotroski F-Score criteria — a sign of weak underlying fundamentals. Altman Z-Score of 3.42 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.41 suggests a low likelihood of earnings manipulation. Revenue has compounded at roughly 32% annually — a strong growth profile. Free-cash-flow margin is negative (-140%) — the business currently burns cash.
- Company has negative FCF, making debt repayment from operations difficult.
- Interest coverage of -3.1× leaves little room for earnings shocks.
- Riot Platforms, Inc. Common Stock posted a net loss in 8 of 9 available completed fiscal years (2017–2025).
- At a valuation score of 25/100, RIOT trades at a premium to its historical multiples.
See how RIOT ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all RIOT moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Sep 21 | Pre-market | 25.00 | +5.26% | 3.51 |
Frequently Asked Questions about RIOT
Is RIOT stock a buy right now?
PreMarketPrice's quantitative model rates Riot Platforms, Inc. Common Stock's financial health at 49/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is RIOT stock overvalued?
Riot Platforms, Inc. Common Stock trades at a trailing P/E of n/a and our valuation score rates it 25/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Riot Platforms, Inc. Common Stock report earnings?
No confirmed earnings date is currently scheduled for RIOT. The Earnings section lists recent reports and updates as dates are announced.
What sector does Riot Platforms, Inc. Common Stock operate in?
Riot Platforms, Inc. Common Stock operates in the Financial Services sector, within the Finance Services industry. The Related Stocks section lists sector peers for comparison.
What does Riot Platforms, Inc. Common Stock do?
Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets.
About Riot Platforms, Inc. Common Stock (RIOT) Stock
Riot Platforms, Inc. Common Stock (RIOT) is a US-listed stock operating in the Financial Services sector, specifically the Finance Services industry. Real-time pricing data for Riot Platforms, Inc. Common Stock is available on this page with a market capitalization of $8.6 billion. The financial health score for RIOT is 49/100, which indicates moderate financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for RIOT stock.
RIOT Stock Analysis & Key Metrics
On PreMarketPrice, you can track Riot Platforms, Inc. Common Stock (RIOT) across multiple dimensions:
- Pre-market price & movement: Real-time RIOT stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for RIOT with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Riot Platforms, Inc. Common Stock across multiple reporting periods.
- Financial health score: A composite score of 49/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for RIOT.
- Sector peers: Compare RIOT against 10 other financial services stocks on key financial metrics.
Is RIOT a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Riot Platforms, Inc. Common Stock (RIOT) as an investment. The financial health score of 49/100 suggests moderate financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Riot Platforms, Inc. Common Stock (RIOT) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.