Coinbase Global, Inc.

COIN Financial Financial Data & Stock Exchanges

Coinbase Global, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, up 9.40% from fiscal 2024.

Revenue
−35.0%
EPS
+65.1%
Free cash flow
−45.5%
Total debt
+55.0%

Quarter to September 2026, against a year earlier

134.66 2.16 −1.58%
Market cap
$36.2B
P/E
0.0×
Fwd P/E
−1,104×
Dividend yield
—
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Coinbase Global, Inc. (COIN) Return on invested capital

Alert me on Return on invested capital

Coinbase Global, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 0.77%, down 4.9 percentage points from fiscal 2025 (5.65%). Over the past ten years it has ranged from −20.3% (fiscal 2022) to 14.8% (fiscal 2021); the current reading is higher than 73% of that period. That is below the Financial Data & Stock Exchanges industry median of 10.6% and below the Financial sector median of 4.70%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 5.65% (7.01)
FY2024 12.7% 13.91
FY2023 −1.25% 19.00
FY2022 −20.3% (20.25)
FY2022 0.00% (14.80)
FY2021 14.8% 14.80
FY2021 0.00% (6.04)
FY2020 6.04% 6.04
FY2020 0.00% 1.91
FY2019 −1.91% (1.91)

Against its own ten years

Low −20.3% High 14.8%
Ten-year median 0.00%
Current reading's percentile 73

Return on invested capital against peers

Company Return on invested capital
MSCI MSCI Inc compare 34.7%
MCO Moody's Corporation compare 26.2%
CBOE Cboe Global Markets, Inc. compare 25.7%
FDS FactSet Research Systems Inc. compare 14.1%
CME CME Group Inc. compare 10.4%
NDAQ Nasdaq, Inc. compare 8.56%
ICE Intercontinental Exchange Inc. compare 8.08%
TRU TransUnion compare 6.43%
COIN Coinbase Global, Inc. 0.77%
Financial Data & Stock Exchanges industry median 10.6%
Financial sector median 4.70%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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