Coupang, Inc.

CPNG Consumer Cyclical Internet Retail

Coupang, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $34.5 billion, up 14.1% from fiscal 2024. In the quarter to June 2026, revenue grew 3.89%, EPS fell 1,700.0%, free cash flow fell 79.4% and total debt fell 39.4%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.

14.79 0.39 +2.71%
Market cap
$27.2B
P/E
0.0×
Fwd P/E
−86.4×
Dividend yield
—
F-score
6/9
Altman Z
3.69
Beneish M
−2.93
Dividend safety
n/a
Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Piotroski F-Score
— — — — 3 4 6 5 6
P/E ratio
— 0.00 0.00 0.00 0.00 0.00 20.70 244.22 204.42
Altman Z-Score
— — — — 4.65 3.57 3.44 3.89 3.69
P/S ratio
— 0.12 0.12 0.12 2.27 1.28 1.15 1.30 1.24
Altman Z″-Score (non-manufacturers)
— — (4.93) (4.95) (2.26) (1.16) 0.10 0.22 (0.07)
P/FCF ratio
— 0.00 0.00 0.00 0.00 0.00 15.79 38.81 81.38
P/Operating CF
— 86.78 86.78 86.78 (206.34) 45.40 46.03 58.33 523.01
Beneish M-Score
— — — (2.66) (2.01) (2.88) (2.33) (2.90) (2.93)
P/B ratio
— 0.00 0.00 0.00 19.23 10.91 6.86 9.61 9.28
Price to Tangible BV
— 0.00 0.00 0.00 19.31 10.95 6.92 10.29 9.67
EV/Sales
— 0.16 0.16 0.16 2.10 1.13 0.95 1.14 1.08
EV/EBITDA
— 0.00 0.00 0.00 0.00 195.93 30.97 39.65 37.67
EV/Operating CF
— 6.31 6.31 6.31 (94.14) 41.27 8.74 18.27 21.03
EV/FCF
— (10.42) (10.42) (10.42) (35.71) (94.78) 13.05 33.91 70.76
Quick Ratio
— — 0.76 0.39 0.84 0.76 0.85 0.83 0.72
Current Ratio
— — 1.15 0.76 1.19 1.15 1.14 1.17 1.04
Net Debt/EBITDA
— 0.00 1.01 (1.22) 2.46 (25.36) (6.50) (5.73) (5.82)
Debt/Assets
0.00% — 24.40% 36.91% 7.23% 7.01% 5.48% 6.87% 3.64%
Debt/Equity
— — (0.22) (0.46) 0.29 0.28 0.18 0.26 0.14
Asset Turnover
— 0.00 3.88 2.88 2.69 2.27 2.13 2.11 2.08
Operating CF/Net income
— 0.63 0.40 (0.54) 0.27 (6.14) 1.95 12.25 8.52
Capex/Depreciation
— 0.00 (3.02) (3.80) (3.33) (3.51) (3.19) (2.01) (2.41)
Interest Coverage
— (28.05) (6.64) (4.79) (32.94) (4.15) 9.85 3.11 5.50
ROE
— 0.00% 20.26% 14.63% 162.99% (4.01%) 41.83% 3.76% 4.77%
ROA
— 0.00% (47.69%) (13.40%) (22.50%) (1.01%) 11.90% 1.07% 1.26%
ROIC
— — 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Tangible Assets
— 0.00% (96.00%) (441.35%) (68.86%) (3.56%) 39.86% 3.76% 5.13%
Average Days of Receivables
— 0.00 3.72 2.17 3.48 3.26 4.70 4.91 3.84
Research and Development Expense of Revenue
— 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
— 30.64% 26.73% 20.91% 24.15% 23.43% 23.45% 27.74% 28.00%
Intangible Assets out of Total Assets
0.00 — 0.00 0.00 0.00 0.00 0.00 0.02 0.01
Share Based Compensation of Revenue
— 0.00% 0.36% 0.26% 1.35% 1.27% 1.34% 1.43% 1.38%
Graham Net Nets
— (4.41) (4.41) (4.41) (0.02) (0.05) (0.05) (0.06) (0.08)
Graham Number
— 0.00 0.00 224.44 0.00 0.00 6.26 2.15 2.57
Earnings Yield
— (32.41%) (32.41%) (32.41%) (4.77%) (0.34%) 4.83% 0.41% 0.49%
Free Cash Flow Yield
— (12.78%) (12.78%) (12.78%) (2.59%) (0.93%) 6.33% 2.58% 1.23%
Revenue per Share
— 2.34 90.75 412.48 12.93 11.66 13.68 16.87 19.00
Operating CF per Share
— (0.40) (4.51) 10.39 (0.29) 0.32 1.49 1.05 0.98
Capex per Share
— 0.00 (3.10) (16.69) (0.47) (0.46) (0.49) (0.48) (0.69)
Free Cash Flow per Share
— (0.40) (7.61) (6.29) (0.76) (0.14) 1.00 0.57 0.29
Cash per Share
— 0.00 19.77 48.13 2.67 2.09 3.14 3.36 3.53
Shareholders Equity per Share
— 0.00 (51.11) (140.24) 1.53 1.37 2.29 2.29 2.54
Interest Debt per Share
— 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
— 0.00 (51.11) (140.24) 1.53 1.37 2.29 2.29 2.54
Free Cash Flow
— (694.46) (526.12) (182.57) (1,082.38) (246.00) 1,775.00 1,016.00 527.00
Working Capital
— — 273.25 (892.00) 892.52 767.00 947.00 1,278.00 334.00
Capital Expenditures
— (93.40) (214.28) (484.12) (671.80) (811.00) (877.00) (870.00) (1,246.00)
Net Current Asset Value
— — (4,607.75) (6,295.48) (829.07) (1,269.00) (1,365.00) (2,248.00) (3,473.00)
EV/EBIT
— 0.00 0.00 0.00 0.00 0.00 48.98 79.03 78.84
Capex to Sales
— 0.00 0.03 0.04 0.04 0.04 0.04 0.03 0.04
Price to Operating Income
— 0.00 0.00 0.00 0.00 0.00 59.26 90.44 90.67
Other line items
Depreciation/Fixed assets
— 0.00 0.13 0.13 0.15 0.13 0.11 0.15 0.14
Cash ROIC
— 0.00% 38.17% 22.76% (16.38%) (3.64%) 17.04% 9.08% 4.51%
Accounts Receivable Turnover
— 0.00 92.94 177.15 149.28 114.56 97.92 83.96 89.70
Accounts Payable Turnover
— 3.88 5.26 4.44 4.87 4.49 4.17 4.02 4.12
Inventory Turnover
— 16.36 22.20 11.13 11.97 10.31 10.95 11.39 11.20
Average Days of Payables
— 37.82 110.79 106.34 81.31 83.29 102.30 94.57 94.24
Days of Inventory on Hand
— (15.08) 44.00 42.46 33.57 38.10 33.42 35.74 33.76
Average Receivables
— — 67.50 67.55 123.30 179.68 249.00 360.50 385.00
Average Payables
— 995.69 995.45 2,249.21 3,175.32 3,532.36 4,360.50 5,326.50 5,926.00
Average Inventory
— 236.16 236.03 896.47 1,291.35 1,539.25 1,661.50 1,882.50 2,177.50
Average Assets
— — 1,614.93 4,148.59 6,854.58 9,077.42 11,429.50 14,345.00 16,565.50
Average Common Equity
— — (3,801.00) (3,800.89) (946.45) 2,294.98 3,251.50 4,095.50 4,362.50

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Columns are period end dates