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Cipher Digital Inc. CIFR

Nasdaq · stock · Finance Services · website · IPO 2020-10-20

Cipher Digital Inc. statistics & valuation

Market cap$10.6B
P / S47.4×
P / B13.2×
Net margin-367.2%
Return on equity-102.1%
FCF margin-310.7%
Net debt$2.1B
Enterprise value USD$12.7B
Earnings yield EBIT/EV-3.3%
Return on capital-11.7%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-1285.90% -20.30% -29.50% -367.20% 20212022202320242025
Gross margin (%)
20212022202320242025
Operating margin (%)
-1232.20% -15.90% -28.90% -188.20% 20212022202320242025
Return on equity (%)
-20.40% -11.40% -5.20% -6.50% -102.10% 20212022202320242025
Shares outstanding
249.3M 248.2M 291.0M 350.8M 405.0M 20212022202320242025
Net debt ($)
-$5.6M $2.08B 20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
-20.40% -9.30% -4.60% -5.20% -19.20% 20212022202320242025
Free cash flow margin (%)
-1980.00% -90.40% -150.10% -310.70% 20212022202320242025
Debt / equity (×)
0.00× 3.37× 20212022202320242025
EPS ($)
-$0.33 -$0.16 -$0.10 -$0.14 -$2.15 20212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Operating margin-188.2%-28.9%-15.9%-1232.2%—
Net margin-367.2%-29.5%-20.3%-1285.9%—
FCF margin-310.7%-150.1%-90.4%-1980.0%—
Return on assets-19.2%-5.2%-4.6%-9.3%-20.4%
Return on equity-102.1%-6.5%-5.2%-11.4%-20.4%
Debt / equity3.37×0.00×———
Current ratio3.791.284.601.18448.22

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.