Coinbase Global (COIN) Current Leases (2020 - 2023)
Coinbase Global (COIN) posted quarterly Current Leases of $10.9 million for Q4 2023, down 67.68% year-over-year from $33.7 million in Q4 2022, and down 9.26% quarter-over-quarter from $12.0 million in Q3 2023.
Coinbase Global (COIN) Current Leases (2020 - 2023) Analysis & Trends
Coinbase Global (COIN) has reported Current Leases for 4 consecutive years, with $10.9 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Current Leases fell 67.68% year-over-year to $10.9 million; the TTM figure through Dec 2023 stood at $10.9 million (down 67.68% YoY), while the FY2023 annual figure was $10.9 million, down 67.68% from the prior year.
- Current Leases eased to $10.9 million in Q4 2023 per COIN's latest filing, from $12.0 million in the prior quarter.
- Across five years, Current Leases topped out at $34.2 million in Q2 2022 and bottomed at $10.9 million in Q4 2023.
- Historically, Current Leases has averaged $25.5 million across 4 years, with a median of $30.9 million in 2021.
- Annual changes were most pronounced in 2021 — Current Leases advanced 28.08% — and 2023, when it slumped 67.68%.
- Coinbase Global's Current Leases stood at $25.3 million in 2020, then increased by 28.08% to $32.4 million in 2021, then grew by 4.23% to $33.7 million in 2022, then tumbled by 67.68% to $10.9 million in 2023.
- Business Quant data shows COIN's Current Leases at $10.9 million in Q4 2023, $12.0 million in Q3 2023, and $12.4 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.51 Bn | 123.37 Bn | 2.98 Bn | - |
| 2 | Cme | 99.27 Bn | 99.27 Bn | 1.65 Bn | - |
| 3 | Intercontinental Exchange | 91.26 Bn | 89.31 Bn | - | - |
| 4 | Moodys | 87.78 Bn | 86.28 Bn | 1.67 Bn | 93.00 Mn |
| 5 | Nasdaq | 55.50 Bn | 54.78 Bn | 1.50 Bn | - |
| 6 | Coinbase Global | 49.18 Bn | 40.39 Bn | 1.16 Bn | - |
| 7 | Msci | 41.26 Bn | 40.90 Bn | 717.10 Mn | - |
| 8 | Cboe Global Markets | 31.56 Bn | 29.17 Bn | 731.60 Mn | - |
| 9 | TransUnion | 16.45 Bn | 15.61 Bn | 765.00 Mn | - |
| 10 | Factset Research Systems | 10.81 Bn | 10.50 Bn | 310.73 Mn | 33.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 10.90 Mn |
| Sep 30, 2023 | 12.02 Mn |
| Jun 30, 2023 | 12.35 Mn |
| Mar 31, 2023 | 12.78 Mn |
| Dec 31, 2022 | 33.73 Mn |
| Sep 30, 2022 | 33.03 Mn |
| Jun 30, 2022 | 34.17 Mn |
| Mar 31, 2022 | 32.69 Mn |
| Dec 31, 2021 | 32.37 Mn |
| Sep 30, 2021 | 31.85 Mn |
| Jun 30, 2021 | 30.93 Mn |
| Mar 31, 2021 | 29.70 Mn |
| Dec 31, 2020 | 25.27 Mn |