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Coupang CPNG Enterprise value

Enterprise value at other companies

Amazon logo
AmazonAMZN
$2.37T+12.5%
DoorDash logo
DoorDashDASH
$60.81B-16.2%
Rocket Companies logo
Rocket CompaniesRKT
$47.64B+7,095%
Packaging Corp of America logo
Packaging Corp of AmericaPKG
$22.86B+15.1%

Other financials

Income statement

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Revenue$8.5B+7.5%
Gross profit$2.3B-0.8%
Operating income-$242.0M-257%
Net income-$266.0M-349%
EPS (diluted)-$0.15-350%

Balance sheet

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Cash & equivalents$6.4B+3.1%
Total debt$5.4B+32.3%
Total equity$3.9B-10.2%
Total assets$17.4B+8.8%

Cash flow

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Operating cash flow$184.0M-48.0%
CapEx$296.0M+23.8%
Free cash flow-$112.0M-197%

Valuation

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Market cap$33.8B-12.8%
P/S-0.3×

Profitability

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Gross margin28.8%-0.9pp
Operating margin0.2%-1.6pp
Net margin1.2%-2.4pp

Returns & leverage

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Return on equity8.7%-20.2pp
Debt / equity1.4×+0.4×
Current ratio-0.2×

Where this comes from

Calculated from Coupang’s reported figures.

The official record: Coupang’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coupang's enterprise value?
Coupang (CPNG) reported enterprise value of $33.52B in Q1 2026.
How has Coupang's enterprise value changed year-over-year?
Coupang's enterprise value decreased by 10.5% year-over-year, from $37.47B to $33.52B.
What is the long-term trend for Coupang's enterprise value?
Over 4 years (2021 to 2025), Coupang's enterprise value has grown at a -6.9% compound annual growth rate (CAGR), from $246.53B to $185.2B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.