Coinbase Global Financial Ratios
NASDAQ: COINFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Coinbase Global ratio analysis
Coinbase Global earned a net margin of 17.6% in FY 2025, down from 39.3% a year earlier. Return on equity reached 8.5%, meaning Coinbase Global generated 0.09 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 0.52 versus 0.45 the year before, and the current ratio was 2.34.
At the end of FY 2025, COIN traded at 53.2 times earnings; across the 4 fiscal years shown, its year-end P/E ranged from 17.4 to 470.1, with a median of 40.9. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Coinbase Global financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 53.15 | 28.55 | 470.05 | — | 17.40 | — | — |
| Price / sales | 8.57 | 10.20 | 13.19 | 2.46 | 5.71 | — | — |
| Price / book | 4.16 | 6.51 | 6.53 | 1.44 | 7.01 | — | — |
| Operating margin | 20.0% | 35.1% | -5.2% | -84.8% | 39.2% | 32.0% | -8.6% |
| Net margin | 17.6% | 39.3% | 3.1% | -82.2% | 46.2% | 25.2% | -5.7% |
| Free cash flow margin | 33.8% | 47.3% | 21.7% | -49.7% | 51.5% | 22.2% | -21.4% |
| Return on equity (ROE) | 8.5% | 25.1% | 1.5% | -48.1% | 56.8% | 33.4% | -6.1% |
| Return on assets (ROA) | 4.2% | 11.4% | 0.6% | -2.9% | 17.0% | 5.5% | — |
| Debt / equity | 0.52 | 0.45 | 0.47 | 0.63 | 0.53 | 0.00 | — |
| Current ratio | 2.34 | 2.28 | 2.07 | 1.07 | 1.61 | 1.21 | — |
| Revenue growth | 9.4% | 111.2% | -2.7% | -59.3% | 513.7% | 139.3% | — |
| EPS growth | -53.1% | 2,462.2% | — | -181.6% | 935.7% | — | — |