Where do Coinbase Global, Inc.'s ratios come from?

Every ratio is computed from Coinbase Global, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Operating margin	10.8%-9.2pp	20%-8.6pp	28.6%+1.7pp	26.9%-5.5pp	32.4%-2.8pp
Returns
Return on invested capital	12.6%-14.9pp	27.4%-7.2pp	34.6%-25.0pp	59.6%-144pp	203.9%—
Efficiency
Asset turnover	0.3×0.0×	0.3×+0.2×	0×0.0×	0×0.0×	0×-0.3×
Liquidity
Current ratio	2.1×-0.2×	2.3×-0.1×	2.4×+0.3×	2.1×-0.4×	2.5×+0.2×
Leverage
Debt-to-equity	0.5×0.0×	0.4×0.0×	0.5×+0.1×	0.4×0.0×	0.4×0.0×
Net debt / EBITDA	-4×-1.1×	-2.9×+0.1×	-2.9×+1.1×	-4.1×-0.3×	-3.8×+0.3×
Per Share
Book value per share	$50.91-1.2%	$51.51-6.2%	$54.88+26.6%	$43.36+12.4%	$38.59+2.7%
Valuation
Market capitalization	$46.11B-24.4%	$60.98B-29.7%	$86.71B-1.3%	$87.83B+101%	$43.73B-29.7%
Price / sales	7×-1.5×	8.5×-2.8×	11.3×-1.2×	12.5×+6.3×	6.3×-3.2×
Price / book	3.4×-0.7×	4.1×-1.3×	5.4×-1.8×	7.3×+3.1×	4.2×-1.9×
EV / EBITDA	45.5×+10.9×	34.7×+0.6×	34×-5.5×	39.5×+24.9×	14.6×-6.9×

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Where do Coinbase Global, Inc.'s ratios come from?: Every ratio is computed from Coinbase Global, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.