Coinbase Global, Inc. COIN Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 86.3%— | 107.9%— | 123%— | —— | —— | |
| EBITDA margin | 96.2%— | 116.2%— | 130.7%— | —— | —— | |
| Returns | ||||||
| Return on invested capital | 134.2%— | 325.5%— | —— | —— | —— | |
| Efficiency | ||||||
| Asset turnover | 0.6×+0.2× | 0.4×0.0× | 0.5×+0.4× | 0.5×+0.3× | 0.4×+0.3× | |
| Liquidity | ||||||
| Current ratio | 9×+2.2× | 9.4×+4.0× | 9.3×+4.2× | 8×+2.8× | 6.9×+1.7× | |
| Quick ratio | 9×+2.2× | 9.4×+4.0× | 9.3×+4.2× | 8×+2.8× | 6.9×+1.7× | |
| Cash ratio | 5.5×+1.7× | 6.3×+4.3× | 6.9×+5.0× | 5.3×+3.4× | 3.8×+1.9× | |
| Leverage | ||||||
| Debt-to-equity | 1.8×-0.1× | 1.7×-0.3× | 1.7×-0.3× | 1.7×-0.3× | 1.9×-0.2× | |
| Debt-to-assets | 0.9×+0.4× | 0.8×+0.6× | 0.8×+0.6× | 0.6×+0.4× | 0.4×+0.2× | |
| Net debt / EBITDA | -13.9×— | -13.7×— | -14.9×— | —— | —— | |
| Interest coverage | 74.2×— | 93.5×— | 105.3×— | —— | —— | |
| Per Share | ||||||
| Book value per share | $200.67+43.1% | $188.34+43.0% | $174.43+46.8% | $152.18+36.9% | $140.19+34.4% | |
| Valuation | ||||||
| Market capitalization | $281.63B+38.2% | $279.25B+24.5% | $280.43B+37.5% | $237.6B+33.6% | $203.73B+44.6% | |
| Enterprise value | $258.12B+51.5% | $250.45B+30.1% | $246.42B+40.5% | $203.12B+34.3% | $170.41B+47.1% | |
| Price / sales | 39.4×+3.8× | 38.6×-6.9× | 39.6×-9.8× | 36.6×-10.8× | 35.6×-6.7× | |
| Price / book | 20.2×-1.5× | 21×-4.5× | 22.9×-3.2× | 22.5×-1.6× | 21.7×+1.1× | |
| EV / EBITDA | 153.7×— | 122.8×— | 109.6×— | —— | —— | |
| EV / sales | 36.1×+6.2× | 34.6×-4.6× | 34.7×-7.8× | 31.3×-8.7× | 29.9×-4.4× |
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.
