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Coupang CPNG Price / sales

Price / sales at other companies

Amazon logo
AmazonAMZN
-0.1×
DoorDash logo
DoorDashDASH
4.4×-2.4×
Rocket Companies logo
Rocket CompaniesRKT
4.7×+4.3×
Packaging Corp of America logo
Packaging Corp of AmericaPKG
2.1×0.0×

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$32.31B-12.8%
Enterprise value$31.32B-10.5%

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 May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coupang's price / sales?
Coupang (CPNG) reported price / sales of 1× in Q1 2026.
How has Coupang's price / sales changed year-over-year?
Coupang's price / sales decreased by 22.9% year-over-year, from 1.3× to 1×.
What is the long-term trend for Coupang's price / sales?
Over 4 years (2021 to 2025), Coupang's price / sales has grown at a -22.6% compound annual growth rate (CAGR), from 16.4× to 5.9×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.