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	Dec 18, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	45,468	71,090	9,877	1,602	5,796	3,601
Market Cap Growth	-42.09%	619.78%	516.42%	-72.36%	60.98%	145.88%
Enterprise Value	54,728	75,314	12,072	3,988	7,981	3,654
Last Close Price	160.38	289.62	63.16	14.16	54.45	38.85
PE Ratio	5.79	-	23.02	-	-	-
Forward PE	6.29	-	73.68	41.37	92.32	73.53
PS Ratio	87.67	153.39	19.90	3.21	11.35	7.49
PB Ratio	0.88	3.90	4.56	-4.18	5.92	6.51
P/TBV Ratio	0.89	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	-	1.43	1.43	1.43	1.43	1.43
EV/Sales Ratio	115.23	162.50	24.33	7.99	15.63	7.60
EV/EBITDA Ratio	4.98	-	-	-	-	-
EV/EBIT Ratio	4.98	-	-	-	-	-
EV/FCF Ratio	-	-	1235.09	5500.79	87.58	73.12
Debt / Equity Ratio	0.14	0.40	1.04	-6.38	2.28	1.03
Debt / EBITDA Ratio	0.75	-	-	-	-	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	0.53	0.62	0.76	0.74	0.81	0.90
Current Ratio	0.66	0.71	0.83	0.83	0.86	0.95
Return on Equity (ROE)	25.59%	-11.44%	48.17%	-493.35%	-69.91%	-1.42%
Return on Assets (ROA)	16.75%	-7.57%	-2.00%	-26.72%	-19.52%	-0.71%
Return on Capital (ROIC)	18.46%	-7.75%	-2.22%	-30.24%	-22.63%	-0.98%
Return on Capital Employed (ROCE)	15.00%	-7.30%	-2.60%	-61.00%	-24.20%	-1.20%
Earnings Yield	16.58%	-1.64%	4.35%	-91.73%	-9.24%	-0.21%
FCF Yield	-0.23%	-0.09%	0.10%	0.04%	1.57%	1.39%
Buyback Yield / Dilution	-52.23%	-16.23%	-46.33%	-12.98%	-3.47%	6.24%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q