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Growth Metrics

Coinbase Global (COIN) Asset Utilization Ratio (2021 - 2026)

Coinbase Global (COIN) reported Asset Utilization Ratio of 0.22 for Q1 2026, down 28.7% year-over-year from 0.31 in Q1 2025, and down 4.75% on a QoQ basis from 0.24 in Q4 2025.

Coinbase Global (COIN) has 6 years of Asset Utilization Ratio data on file, last reported at 0.22 in Q1 2026.

  • Quarterly Asset Utilization Ratio fell 28.7% year-over-year to 0.22 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.22 (down 28.7% YoY) and the FY2025 annual result came in at 0.28, down 21.85% from the prior year.
  • Asset Utilization Ratio declined to 0.22 in Q1 2026 per COIN's latest filing, from 0.24 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.34 in Q1 2022 and bottomed at 0.01 in Q2 2024.
  • The 5-year median for Asset Utilization Ratio is 0.04 (2024), against an average of 0.12.
  • The widest annual swing landed in 2023, when Asset Utilization Ratio tumbled 92.84%; it then jumped 2504.8% in 2025.
  • Tracing COIN's Asset Utilization Ratio over 5 years: stood at 0.03 in 2022, then decreased by 3.82% to 0.03 in 2023, then surged by 37.09% to 0.04 in 2024, then surged by 461.34% to 0.24 in 2025, then fell by 4.75% to 0.22 in 2026.
  • Per Business Quant, the three latest COIN Asset Utilization Ratio figures stand at 0.22 (Q1 2026), 0.24 (Q4 2025), and 0.28 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 0.26
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 0.03
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 0.07
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 0.52
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 0.28
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 0.22
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 0.58
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 0.47
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 0.41
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 0.57

Historic Data

Download Data 🔒
DateValue
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
Mar 31, 2021 0.36