Coupang Financial Ratios
NYSE: CPNGConsumer DiscretionaryCatalog/Specialty DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Coupang ratio analysis
Coupang earned a net margin of 0.6% in FY 2025, up from 0.5% a year earlier. Gross margin was 29.4% compared with a median of 19.7% over the prior 6 years. Return on equity reached 4.5%, meaning Coupang generated 0.04 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.35 versus 0.37 the year before, and the current ratio was 1.04. At the end of FY 2025, CPNG traded at 212.5 times earnings; across the 3 fiscal years shown, its year-end P/E ranged from 21.6 to 280.3, with a median of 212.5. 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
Coupang 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) | 212.45 | 280.25 | 21.59 | — | — | — | — |
| Price / sales | 1.23 | 1.33 | 1.18 | 1.26 | 2.27 | — | — |
| Price / book | 9.19 | 9.81 | 7.06 | 10.76 | 19.23 | — | — |
| Gross margin | 29.4% | 29.2% | 25.4% | 22.9% | 16.0% | 16.6% | 16.5% |
| Operating margin | 1.4% | 1.4% | 1.9% | -0.5% | -8.1% | -4.3% | -10.2% |
| Net margin | 0.6% | 0.5% | 5.6% | -0.4% | -8.4% | -3.9% | -11.1% |
| Free cash flow margin | 1.5% | 3.3% | 7.2% | -1.3% | -5.9% | -1.5% | -8.4% |
| Return on equity (ROE) | 4.5% | 3.8% | 33.3% | -3.8% | -70.9% | — | — |
| Return on assets (ROA) | 1.2% | 1.0% | 10.2% | -1.0% | -17.9% | -9.1% | — |
| Debt / equity | 0.35 | 0.37 | 0.25 | 0.35 | 0.29 | — | — |
| Current ratio | 1.04 | 1.17 | 1.14 | 1.15 | 1.19 | 0.76 | — |
| Revenue growth | 14.1% | 24.1% | 18.5% | 11.8% | 53.8% | 90.8% | — |
| EPS growth | 37.5% | -89.3% | — | — | — | — | — |