StockData
Strategy Inc logo

Strategy Inc (STRC) stock analysis

STRCNasdaqFinance ServicesFiscal year ends December 31Also trades as MSTR, STRD, STRF, STRK
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026Score 3/30
$99.13−0.86 (-0.86%)

Close on Oct 30, 2026Market cap $34.95BP/E –Yield –

StockData Score

Prices as of Oct 30, 2026How the score works

Value0Growth0Performance0Health3Dividend0

Weak3 of 30 checks passed

Strategy passes 3 of the 30 checks behind our score; 15 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
0/6
Growth
0/6
Past performance
0/6
Financial health
3/6
Dividend
0/6

What stands out

  • Low debt

    Debt is 21.7% of shareholders' equity, under the 40% we consider low.

  • Debt falling against equity

    Debt to equity fell from 109% five years ago to 21.7%.

  • Short-term assets cover short-term debts

    Current assets are 5.39 times current liabilities.

What to watch

  • Return on equity under 15%

    Return on equity was -77.6% over the last twelve months and averaged -108% over five years; we look for 15% on both.

  • Return on capital under 10%

    Return on invested capital was -63.3%, below the 10% that usually covers the cost of capital.

  • Revenue growing under 10% a year

    Revenue grew -1.5% a year over the last three fiscal years, short of the 10% we look for.

  • Debt not well covered by cash flow

    Operating cash flow over the last twelve months equals -0.3% of total debt; we look for at least 20%.

Valuation0/6

  • P/E against its history

    Not enough price and earnings history to compare.

  • P/E against the industry

    Needs positive earnings and enough profitable companies in the industry.

  • EV/EBITDA against its history

    Needs positive EBITDA and price history.

  • P/B above the industry

    Strategy's price-to-book of 1.62 is above the Finance services median of 1.04.

  • Price against fair value

    We could not estimate a fair value: it needs at least two valuation methods with positive inputs.

  • Margin of safety

    Depends on the fair value estimate.

Growth0/6

  • Revenue growing under 10% a year

    Revenue grew -1.5% a year over the last three fiscal years, short of the 10% we look for.

  • EPS growth over 3 years

    Needs positive EPS three years ago and today.

  • Earnings acceleration

    Needs positive net income now, a year ago and five years ago.

  • Growing slower than the industry

    Revenue grew 7.8% over the last twelve months; the Finance services median is 15.9%.

  • Company guidance

    No outlook found in earnings releases from the last twelve months.

  • Gross margin slipping

    Gross margin was 67.6% over the last twelve months, against 70.1% a year earlier.

Past performance0/6

  • Return on equity under 15%

    Return on equity was -77.6% over the last twelve months and averaged -108% over five years; we look for 15% on both.

  • Return on capital under 10%

    Return on invested capital was -63.3%, below the 10% that usually covers the cost of capital.

  • Return on equity below the industry

    Strategy's return on equity of -77.6% is below the Finance services median of -34.6%.

  • Earnings over 5 years

    Needs positive net income five years ago and in the latest year.

  • Net margin below its 5-year average

    Net margin was -6103% over the last twelve months, against a 5-year average of -274%.

  • Net margin below the industry

    Strategy's net margin of -6103% is below the Finance services median of -68.3%.

Financial health3/6

  • Low debt

    Debt is 21.7% of shareholders' equity, under the 40% we consider low.

  • Debt falling against equity

    Debt to equity fell from 109% five years ago to 21.7%.

  • Debt not well covered by cash flow

    Operating cash flow over the last twelve months equals -0.3% of total debt; we look for at least 20%.

  • Interest coverage

    Interest expense is not reported separately.

  • Short-term assets cover short-term debts

    Current assets are 5.39 times current liabilities.

  • Elevated bankruptcy risk

    The Altman Z-score is 1.53; above 3 is the safe zone and below 1.8 the distress zone.

Dividend0/6

  • No dividend

    Strategy has not paid a dividend in the last twelve months.

  • Yield against Treasuries

    No dividend.

  • Yield against the market

    No dividend.

  • Dividend stability

    No dividend.

  • Earnings cover

    No dividend.

  • Cash-flow cover

    No dividend.

Scores of similar companies

Fair value

How we estimate it

We don't publish a fair value for Strategy. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.

Valuation over time

Using the earnings and balance sheet published at each date, not today's.

  • P/E at month end
  • Finance services median 18.8

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Low risk

Average value traded per day
$3.02B
Value traded per 1% price move
$773.88M

Downside

High risk

Typical loss in a bad month
39.5%
Volatility (annualized)
82%
Sharpe ratio, 1 year
-0.69
Beta to the S&P 500 (5Y)
2.15

Typical bad-month loss, week by week

25%: high

Margins

Share of revenue, fiscal years 2011 to 2025

Gross margin

68.7%−12.4 pts over 5 years

Operating margin

-1140.8%−1138.0 pts over 5 years

Net margin

-806.3%−804.8 pts over 5 years