Coinbase Global (COIN) Asset Utilization Ratio (2021 - 2026)
Coinbase Global's (COIN) quarterly Asset Utilization Ratio came in at 0.22 in Q1 2026, down 28.7% year-on-year from 0.31 in Q1 2025, and down 4.75% on a QoQ basis from 0.24 in Q4 2025.
Coinbase Global (COIN) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Coinbase Global (COIN) has 6 years of Asset Utilization Ratio data on file, last reported at 0.22 in Q1 2026.
- On a quarterly basis, Asset Utilization Ratio fell 28.7% year-over-year to 0.22 in Q1 2026; TTM through Mar 2026 was 0.22, a 28.7% decrease from a year earlier, with the FY2025 full-year figure at 0.28, down 21.85% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.22, down from 0.24 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for COIN reached as high as 0.34 in Q1 2022 and fell as low as 0.01 in Q2 2024.
- Historically, Asset Utilization Ratio has averaged 0.12 across 5 years, with a median of 0.04 in 2024.
- Across the five-year window, Asset Utilization Ratio tumbled 92.84% in 2023 and jumped 2504.8% in 2025, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.03 in 2022, then retreated by 3.82% to 0.03 in 2023, then jumped by 37.09% to 0.04 in 2024, then jumped by 461.34% to 0.24 in 2025, then declined by 4.75% to 0.22 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.22 in Q1 2026, 0.24 in Q4 2025, and 0.28 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bit Origin | 1,110.84 Bn | 1,110.84 Bn | - | - |
| 2 | S&P Global | 130.72 Bn | 128.91 Bn | 2.94 Bn | 0.26 |
| 3 | Cme | 92.16 Bn | 92.16 Bn | 1.65 Bn | 0.03 |
| 4 | Moodys | 84.72 Bn | 83.22 Bn | 1.67 Bn | 0.55 |
| 5 | Intercontinental Exchange | 84.12 Bn | 82.38 Bn | - | 0.06 |
| 6 | Nasdaq | 53.10 Bn | 52.38 Bn | 1.50 Bn | 0.32 |
| 7 | Coinbase Global | 44.25 Bn | 33.81 Bn | 1.33 Bn | 0.22 |
| 8 | Msci | 41.65 Bn | 41.29 Bn | 717.10 Mn | 0.60 |
| 9 | Cboe Global Markets | 30.13 Bn | 27.96 Bn | 728.90 Mn | 0.47 |
| 10 | TransUnion | 14.77 Bn | 14.04 Bn | 726.20 Mn | 0.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.22 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.31 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.04 |
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.01 |
| Mar 31, 2024 | 0.02 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.05 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 0.39 |
| Sep 30, 2021 | 0.35 |
| Jun 30, 2021 | 0.38 |