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Coupang CPNG Price / earnings

Price / earnings at other companies

Amazon logo
AmazonAMZN
28.3×-2.3×
DoorDash logo
DoorDashDASH
70.4×-156×
Rocket Companies logo
Rocket CompaniesRKT
639.4×+536×
Packaging Corp of America logo
Packaging Corp of AmericaPKG
25.5×+4.8×

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%
Enterprise value$32.81B-10.5%
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.

Based on the most recent quarter.

The official record: Coupang’s 10-Q, filed November 4, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coupang's price / earnings?
Coupang (CPNG) reported price / earnings of 150.5× in Q3 2025.
How has Coupang's price / earnings changed year-over-year?
Coupang's price / earnings increased by 252.2% year-over-year, from 42.7× to 150.5×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.