Coinbase Global, Inc. (COIN) Factsheet
Coinbase Global, Inc. (COIN) Stock Analysis
Analysis from 10-Q filed 2025-10-30. Data as of Q4 2025.
Overall Grade: F (Concerning)
Grade F (Concerning). ROIC N/A. FCF margin 33.8%. D/E 0.5x. Source: 10-Q filed 2025-10-30.
| Metric | Value | Context |
|---|---|---|
| ROIC | N/A | Below expectations |
| FCF Margin | 33.8% | Strong cash generation |
| Debt/Equity | 0.5x | Moderate leverage |
FCF margin 33.8% — Top 5%.
Explore Coinbase Global, Inc.: Earnings History | Filings | ROIC Analysis
Programmatic access: Available via MCP at mcp.metricduck.com. Tools for COIN: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_changes, get_metric_history, compare_companies, screen_filing_signals.
Profitability: Coinbase Global, Inc. earns N/A ROIC
ROIC TTM N/A, sector median 3.8%. Source: 10-Q filed 2025-10-30.
| Metric | COIN | Rating | Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | N/A | Red flag | Below sector median of 3.8% |
| Return on Equity (ROE) | 9.9% | Adequate | Moderate equity returns |
Cash Flow: Coinbase Global, Inc. generates $2.4B FCF at 33.8% margin, positive NaN/8 quarters
FCF TTM $2.4B. FCF margin 33.8%, Top 5%. OCF/Net income 1.9x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2025-10-30.
| Metric | COIN | Rating | Context |
|---|---|---|---|
| Free Cash Flow Margin | 33.8% | Excellent | Excellent cash conversion |
| Free Cash Flow (TTM) | $2.4B | Good | Positive cash generation |
| OCF/Net Income | 1.9x | Excellent | High earnings quality |
| FCF Consistency (8Q) | N/A | Warning | Variable cash flow |
Balance Sheet: Coinbase Global, Inc. at 0.5x leverage
Debt/Equity 0.5x. Net cash $9.5B. Source: 10-Q filed 2025-10-30.
| Metric | COIN | Rating | Context |
|---|---|---|---|
| Debt to Equity | 0.5x | Good | Moderate leverage |
| Net Cash Position | $9.5B | Excellent | Net cash positive |
Valuation: Coinbase Global, Inc. trades at 46.7x earnings
P/E 46.7x. EV/Sales 7.0x. FCF yield 4.1%. Source: 10-Q filed 2025-10-30.
| Metric | COIN | Rating | Context |
|---|---|---|---|
| P/E Ratio | 46.7x | Adequate | Premium valuation |
| EV/Sales | 7.0x | Adequate | Growth premium priced in |
| FCF Yield | 4.1% | Good | Lower cash yield |
Capital Allocation: Coinbase Global, Inc. returns 0.0% shareholder yield
Total shareholder yield 0.0%. Capital returned $0 TTM. Source: 10-Q filed 2025-10-30.
| Metric | COIN | Rating | Context |
|---|---|---|---|
| Total Shareholder Yield | 0.0% | Warning | Dividend + buyback yield combined |
| Total Capital Returned (TTM) | $0 | Adequate | Dividends + buybacks returned to shareholders |
Sector Rankings
| Metric | Value | Percentile | vs Median |
|---|---|---|---|
| Free Cash Flow Margin | 33.8% | Top 5% | - |
| Return on Equity (ROE) | 9.9% | Top 50% | 1.5x above |
| P/E Ratio | 46.7x | N/A | - |
Financial Scorecard
| Metric | COIN | Rating | Sector Context |
|---|---|---|---|
| Free Cash Flow Margin | 33.8% | Excellent | Top 5% of sector (median: 0.0%) |
| Debt to Equity Ratio | 51.8% | Good | Moderate leverage |
| P/E Ratio (Price-to-Earnings) | 46.7x | Adequate | High expectations priced in |
| Free Cash Flow Yield | 4.1% | Adequate | Moderate yield |
Frequently Asked Questions
Q: What is Coinbase Global, Inc.'s Return on Invested Capital (ROIC)?
Coinbase Global, Inc. (COIN) has a trailing twelve-month Return on Invested Capital (ROIC) of N/A. Sector median 3.8%. Source: 10-Q filed 2025-10-30.
Q: What is Coinbase Global, Inc.'s Free Cash Flow Margin?
Coinbase Global, Inc. (COIN) has a free cash flow margin of 33.8%, generating $2.4 billion in free cash flow over the trailing twelve months. Source: 10-Q filed 2025-10-30.
Q: What is Coinbase Global, Inc.'s P/E ratio and how does it compare to peers?
Coinbase Global, Inc. (COIN) trades at a P/E ratio of 46.7x, which is above the sector median of N/A. EV/Sales 7.0x. FCF yield 4.1%. Source: 10-Q filed 2025-10-30.
Q: How much debt does Coinbase Global, Inc. have?
Coinbase Global, Inc. (COIN) has a debt-to-equity ratio of 0.5x with total debt of $7.7 billion. Net cash position $9.5 billion. Source: 10-Q filed 2025-10-30.
Q: What is Coinbase Global, Inc.'s revenue and earnings growth?
Coinbase Global, Inc. (COIN) grew revenue by 9.4% year-over-year. EPS -53.8% YoY. Source: 10-Q filed 2025-10-30.
Q: Is Coinbase Global, Inc. buying back stock?
Coinbase Global, Inc. (COIN) repurchased $790.2 million of stock over the trailing twelve months. This represents a buyback yield of 1.3%. Source: 10-Q filed 2025-10-30.
Q: How does Coinbase Global, Inc. compare to competitors in Other?
Compared to other companies in Other, Coinbase Global, Inc. (COIN) shows: ROIC N/A, sector median 3.8% (NaNx). FCF margin 33.8%, sector median 0.0% (Top 5%). These rankings are based on MetricDuck's analysis of all Other companies with available SEC filings.
Q: What warning signs should I watch for with Coinbase Global, Inc.?
No quantitative warning flags fired for Coinbase Global, Inc. (COIN) on margin trend, FCF trend, ROIC trend, or leverage thresholds. Source: 10-Q filed 2025-10-30.
Data Source: Data sourced from 10-Q filed 2025-10-30. TTM metrics as of Q4 2025.
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.