COMP <GO>
BLSH vs RIOT // OPERATING MARGIN
Bullish (NYSE) VS. Riot Platforms Inc. (NASDAQ) • 15-METRIC TALLY: BLSH 0
— RIOT 2
■ METRIC PARITY
LAST: $22.54 (-5.69%) • MKT CAP: $3.82B
operating-margins
—
LAST: $11.84 (-7.57%) • MKT CAP: $4.81B
operating-margins
-60.00%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BLSH VS. RIOT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BLSH | RIOT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | — | -15.30% | — | TIE | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | -15.02% | — | TIE | /fcf-yield <GO> |
| Operating Margin ACTIVE | — | -60.00% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | -60.00% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | — | 71.90% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | — | 4/9 | — | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 30.3 | 35.1 | -4.80 | RIOT | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 0.98 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 21.0x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.82B | $4.81B | -$991.6M | RIOT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BLSH REV | RIOT REV | BLSH GROSS % | RIOT GROSS % | BLSH FCF | RIOT FCF |
|---|---|---|---|---|---|---|
| FY 2025 | — | $647.4M | — | — | — | -$774.3M |
| FY 2024 | — | $376.7M | — | — | — | -$495.4M |
| FY 2023 | — | $280.7M | — | — | — | $20.5M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BLSH // BETA —
RIOT // BETA 0.98