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Coupang CPNG Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin29.4%+0.2pp29.2%+3.8pp25.4%+2.5pp22.9%+6.9pp
Operating margin1.4%-0.1pp1.4%-0.5pp1.9%
EBITDA margin2.9%0.0pp2.9%-0.2pp3.1%
Returns
Return on invested capital10.3%-5.2pp15.5%-30.1pp45.7%
Efficiency
Asset turnover2.1×0.0×2.1×0.0×2.1×-0.1×2.3×-0.4×
Inventory turnover11.2×-0.2×11.4×+0.4×11×+0.6×10.3×-1.7×
Liquidity
Current ratio-0.1×1.2×0.0×1.1×0.0×1.2×0.0×
Quick ratio0.8×-0.1×0.9×0.0×0.9×+0.1×0.8×-0.1×
Cash ratio0.7×-0.1×0.8×0.0×0.8×+0.1×0.7×-0.1×
Leverage
Debt-to-equity+0.1×0.9×+0.3×0.6×-0.3×0.9×+0.1×
Debt-to-assets0.3×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Net debt / EBITDA-1.8×+0.9×-2.7×+1.3×-4×
Interest coverage5.5×+2.4×3.1×-6.8×9.9×
Per Share
Book value per share$2.49+10.9%$2.25-0.9%$2.27+65.8%$1.37-10.5%
Valuation
Market capitalization$43.09B+9.0%$39.54B+36.5%$28.96B+11.2%$26.05B-49.2%
Enterprise value$41.31B+11.2%$37.17B+43.2%$25.95B+5.3%$24.64B-49.9%
Price / sales1.2×-0.1×1.3×+0.1×1.2×-0.1×1.3×-1.5×
Price / book9.3×-0.3×9.6×+2.6×7.1×-3.7×10.8×-12.8×
EV / EBITDA41.7×-1.0×42.8×+8.1×34.6×
EV / sales1.2×0.0×1.2×+0.2×1.1×-0.1×1.2×-1.5×

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Questions, answered.

What are Coupang's profit margins?
Coupang (CPNG) runs a 28.8% gross margin and a 0.2% operating margin, with a 1.2% net margin.
Where do Coupang's ratios come from?
Every ratio is computed from Coupang'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.