Coupang, Inc. (CPNG) Factsheet
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Coupang, Inc. (CPNG) Stock Analysis
Analysis from 10-Q filed 2026-11-03. Data as of Q3 2026.
Overall Grade: F (Concerning)
Grade F (Concerning). ROIC -21.1%. FCF margin -1.1%. D/E 0.6x. Source: 10-Q filed 2026-11-03.
| Metric | Value | Context |
|---|---|---|
| ROIC | -21.1% | Below expectations |
| FCF Margin | -1.1% | Cash flow pressure |
| Debt/Equity | 0.6x | Moderate leverage |
ROIC -21.1% — Bottom 25% of sector peers. FCF margin -1.1% — Bottom 25%.
Explore Coupang, Inc.: Earnings History | Overview
Programmatic access: Available via MCP at mcp.metricduck.com. Tools for CPNG: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_section, get_metric_history, compare_companies, screen_filing_signals.
Profitability: Coupang, Inc. earns -21.1% ROIC, Bottom 25% in Consumer Discretionary
ROIC TTM -21.1%, sector median 6.8%, Bottom 25%. DuPont: NOPAT margin -3.7% × asset turnover 2.0x. Gross margin 27.4%. Operating margin -3.4%. Source: 10-Q filed 2026-11-03.
| Metric | CPNG | Rating | Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | -21.1% | Red flag | Below sector median of 6.8% |
| Return on Equity (ROE) | -35.6% | Red flag | Moderate equity returns |
| Gross Margin | 27.4% | Adequate | Competitive pricing environment |
| Operating Margin | -3.4% | Warning | Moderate operational efficiency |
Cash Flow: Coupang, Inc. generates $-412.0M FCF at -1.1% margin, positive NaN/8 quarters
FCF TTM $-412.0M. FCF margin -1.1%, Bottom 25%. OCF/Net income -0.6x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2026-11-03.
| Metric | CPNG | Rating | Context |
|---|---|---|---|
| Free Cash Flow Margin | -1.1% | Red flag | Thin cash margins |
| Free Cash Flow (TTM) | $-412.0M | Red flag | Cash burn |
| OCF/Net Income | -0.6x | Warning | Potential accrual concerns |
| FCF Consistency (8Q) | N/A | Warning | Variable cash flow |
Balance Sheet: Coupang, Inc. at 0.6x leverage, -16.3x interest coverage
Debt/Equity 0.6x. Net cash $3.7B. Interest coverage -16.3x. Source: 10-Q filed 2026-11-03.
| Metric | CPNG | Rating | Context |
|---|---|---|---|
| Debt to Equity | 0.6x | Good | Moderate leverage |
| Net Cash Position | $3.7B | Excellent | Net cash positive |
| Interest Coverage | -16.3x | Warning | Monitor debt obligations |
Valuation: Coupang, Inc. trades at -20.0x earnings
P/E -20.0x. EV/Sales 0.7x. FCF yield -1.5%. Source: 10-Q filed 2026-11-03.
| Metric | CPNG | Rating | Context |
|---|---|---|---|
| P/E Ratio | -20.0x | Red flag | Reasonable valuation |
| EV/Sales | 0.7x | Excellent | Attractive revenue multiple |
| FCF Yield | -1.5% | Warning | Lower cash yield |
Capital Allocation: Coupang, Inc. returns 4.4% shareholder yield, reducing shares 2.0% YoY
Total shareholder yield 4.4% (buyback 4.4%). Share count -2.0% YoY. Capital returned $1.2B TTM. Source: 10-Q filed 2026-11-03.
| Metric | CPNG | Rating | Context |
|---|---|---|---|
| Total Shareholder Yield | 4.4% | Good | Dividend + buyback yield combined |
| Buyback Yield | 4.4% | Good | Active share repurchases |
| Share Count Change (YoY) | -2.0% | Good | Net share reduction (accretive) |
| Total Capital Returned (TTM) | $1.2B | Good | Dividends + buybacks returned to shareholders |
Sector Rankings
| Metric | Value | Percentile | vs Median |
|---|---|---|---|
| Return on Invested Capital (ROIC) | -21.1% | Bottom 25% | -3.1x below |
| Free Cash Flow Margin | -1.1% | Bottom 25% | -0.4x below |
| Gross Margin | 27.4% | Bottom 50% | 0.7x below |
| Operating Margin | -3.4% | Bottom 25% | -0.8x below |
| Return on Equity (ROE) | -35.6% | Bottom 25% | -3.1x below |
Financial Scorecard
| Metric | CPNG | Rating | Sector Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | -21.1% | Red flag | Bottom 25% of sector (median: 6.8%) |
| Free Cash Flow Margin | -1.1% | Red flag | Bottom 25% of sector (median: 3.2%) |
| Gross Margin | 27.4% | Adequate | Bottom 50% of sector (median: 38.1%) |
| Debt to Equity Ratio | 62.1% | Good | Moderate leverage |
| Free Cash Flow Yield | -1.5% | Red flag | Growth-focused valuation |
Frequently Asked Questions
Q: What is Coupang, Inc.'s Return on Invested Capital (ROIC)?
Coupang, Inc. (CPNG) has a trailing twelve-month Return on Invested Capital (ROIC) of -21.1%. The 8-quarter median ROIC is 2.5% with a declining trend. Sector median 6.8%. Source: 10-Q filed 2026-11-03.
Q: What is Coupang, Inc.'s Free Cash Flow Margin?
Coupang, Inc. (CPNG) has a free cash flow margin of -1.1%, generating $-412.0 million in free cash flow over the trailing twelve months. Source: 10-Q filed 2026-11-03.
Q: What is Coupang, Inc.'s P/E ratio and how does it compare to peers?
Coupang, Inc. (CPNG) trades at a P/E ratio of -20.0x, which is above the sector median of N/A. EV/Sales 0.7x. Source: 10-Q filed 2026-11-03.
Q: How much debt does Coupang, Inc. have?
Coupang, Inc. (CPNG) has a debt-to-equity ratio of 0.6x with total debt of $1.8 billion. Interest coverage -16.3x. Net cash position $3.7 billion. Source: 10-Q filed 2026-11-03.
Q: What is Coupang, Inc.'s revenue and earnings growth?
Coupang, Inc. (CPNG) grew revenue by 7.4% year-over-year. Source: 10-Q filed 2026-11-03.
Q: Is Coupang, Inc. buying back stock?
Coupang, Inc. (CPNG) repurchased $1.2 billion of stock over the trailing twelve months. This represents a buyback yield of 4.4%. Share count -2.0% YoY. Source: 10-Q filed 2026-11-03.
Q: How does Coupang, Inc. compare to competitors in Consumer Discretionary?
Compared to other companies in Consumer Discretionary, Coupang, Inc. (CPNG) shows: ROIC -21.1%, sector median 6.8% (Bottom 25%). FCF margin -1.1%, sector median 3.2% (Bottom 25%). Gross margin 27.4%, 10.7pp below sector median. These rankings are based on MetricDuck's analysis of all Consumer Discretionary companies with available SEC filings.
Q: What warning signs should I watch for with Coupang, Inc.?
Quantitative warning flags for Coupang, Inc. (CPNG): 1) FCF margin -1.1% (below 5%); 2) ROIC declining -49.5% over 8 quarters. Source: 10-Q filed 2026-11-03.
Data Source: Data sourced from 10-Q filed 2026-11-03. TTM metrics as of Q3 2026.
Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.
Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.
This analysis is for informational purposes only and does not constitute investment advice.
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