Strategy Inc (MSTR)

Strategy Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug 29, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	95,116	71,090	9,877	1,602	5,796	3,601
Market Cap Growth	362.16%	619.78%	516.42%	-72.36%	60.98%	145.88%
Enterprise Value	103,279	75,314	12,072	3,988	7,981	3,654
Last Close Price	334.41	289.62	63.16	14.16	54.45	38.85
PE Ratio	17.77	-	23.02	-	-	-
Forward PE	16.51	-	73.68	41.37	92.32	73.53
PS Ratio	172.04	153.39	19.90	3.21	11.35	7.49
PB Ratio	1.98	3.90	4.56	-4.18	5.92	6.51
P/TBV Ratio	2.00	3.90	4.56	-	5.92	6.51
P/FCF Ratio	-	-	1010.50	2210.00	63.61	72.06
P/OCF Ratio	-	-	776.95	498.99	61.77	67.15
PEG Ratio	-	8.89	8.89	8.89	8.89	8.89
EV/Sales Ratio	223.39	162.50	24.33	7.99	15.63	7.60
EV/EBITDA Ratio	15.47	-	-	-	-	-
EV/EBIT Ratio	15.50	-	-	-	-	-
EV/FCF Ratio	-	-	1235.09	5500.79	87.58	73.12
Debt / Equity Ratio	0.16	0.40	1.04	-6.38	2.28	1.03
Debt / EBITDA Ratio	1.23	-	-	-	-	40.71
Debt / FCF Ratio	-	-	230.62	3374.29	24.49	11.42
Asset Turnover	0.01	0.03	0.14	0.17	0.20	0.40
Quick Ratio	0.54	0.62	0.76	0.74	0.81	0.90
Current Ratio	0.68	0.71	0.83	0.83	0.86	0.95
Return on Equity (ROE)	18.02%	-11.44%	48.17%	-493.35%	-69.91%	-1.42%
Return on Assets (ROA)	11.59%	-7.57%	-2.00%	-26.72%	-19.52%	-0.71%
Return on Capital (ROIC)	12.75%	-7.75%	-2.22%	-30.24%	-22.63%	-0.98%
Return on Capital Employed (ROCE)	10.30%	-	-	-	-	-
Earnings Yield	4.98%	-1.64%	4.35%	-91.73%	-9.24%	-0.21%
FCF Yield	-0.14%	-0.09%	0.10%	0.04%	1.57%	1.39%
Buyback Yield / Dilution	-53.26%	-16.23%	-46.33%	-12.98%	-3.47%	6.24%

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q