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.

Revenue
+7.50%
EPS
−660.0%
Free cash flow
−116.3%
Total debt
−80.7%

Quarter to September 2026, against a year earlier

16.97 1.74 +11.42%
Market cap
$27.4B
P/E
0.0×
Fwd P/E
−26.4×
Dividend yield
—
F-score
6/9
Altman Z
3.69
Beneish M
−2.93
Dividend safety
n/a

Coupang, Inc. (CPNG) Debt to equity

Alert me on Debt to equity

Coupang, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.0×, down 0.1× from fiscal 2025 (0.1×). Over the past ten years it has ranged from −0.5× (fiscal 2020) to 0.3× (fiscal 2021); the current reading is higher than 43% of that period. That is below the Internet Retail industry median of 0.1× and below the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.1× (45.43%)
FY2024 0.3× 43.52%
FY2023 0.2× (35.22%)
FY2022 0.3× (3.80%)
FY2021 0.3× —
FY2020 −0.5× —
FY2019 −0.2× —

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.0× (79.75%)
Jun 2026 0.2× 31.78%
Mar 2026 0.2× 11.98%
Dec 2025 0.1× 7.52%
24 more quarters

Against its own ten years

Low −0.5× High 0.3×
Ten-year median 0.2×
Current reading's percentile 43

Debt to equity against peers

Company Debt to equity
W Wayfair Inc. compare −1.0×
CART Maplebear Inc. compare 0.0×
CPNG Coupang, Inc. 0.0×
SE Sea Limited Sponsored ADR compare 0.1×
JD JD.com, Inc. compare 0.2×
DASH DoorDash, Inc. compare 0.3×
MELI MercadoLibre, Inc. compare 1.4×
EBAY eBay Inc. compare 1.5×
CHWY Chewy compare 1.6×
Internet Retail industry median 0.1×
Consumer Cyclical sector median 0.2×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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