Coinbase Global, Inc. COIN Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Operating margin | 107.9%— | —— | —— | -94.6%-265pp | |
| EBITDA margin | 116.2%— | —— | —— | -83.9%-258pp | |
| Returns | |||||
| Return on invested capital | 325.5%— | —— | —— | —— | |
| Efficiency | |||||
| Asset turnover | 0.4×0.0× | 0.4×+0.3× | 0.1×-0.6× | 0.7×— | |
| Liquidity | |||||
| Current ratio | 9.4×+4.0× | 5.4×+0.2× | 5.2×+0.5× | 4.7×-1.2× | |
| Quick ratio | 9.4×+4.0× | 5.4×+0.2× | 5.2×+0.5× | 4.7×-1.2× | |
| Cash ratio | 6.3×+4.3× | 2×0.0× | 2×+0.1× | 1.8×-3.8× | |
| Leverage | |||||
| Debt-to-equity | 1.7×-0.3× | 2×-0.2× | 2.2×-0.2× | 2.4×+1.1× | |
| Debt-to-assets | 0.8×+0.6× | 0.3×0.0× | 0.3×0.0× | 0.3×-0.1× | |
| Net debt / EBITDA | -13.7×— | —— | —— | —— | |
| Interest coverage | 93.5×— | —— | —— | -19.7×— | |
| Per Share | |||||
| Book value per share | $188.34+43.0% | $131.72+33.5% | $98.69-6.7% | $105.83+21.4% | |
| Valuation | |||||
| Market capitalization | $279.25B+24.5% | $224.37B+143% | $92.33B+22.9% | $75.13B— | |
| Enterprise value | $250.45B+30.1% | $192.52B+183% | $67.91B+73.6% | $39.11B— | |
| Price / sales | 38.6×-6.9× | 45.5×+13.7× | 31.8×+18.7× | 13×— | |
| Price / book | 21×-4.5× | 25.5×+10.1× | 15.4×+3.0× | 12.3×— | |
| EV / EBITDA | 122.8×— | —— | —— | —— | |
| EV / sales | 34.6×-4.6× | 39.2×+16.0× | 23.2×+17.0× | 6.2×— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- 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.
