Coinbase Global (COIN) Debt Ratio (2020 - 2026)
Coinbase Global (COIN) posted quarterly Debt Ratio of 0.39 for Q2 2026, down 2.92% year-over-year from 0.4 in Q2 2025, and down 11.9% quarter-over-quarter from 0.44 in Q1 2026.
Coinbase Global (COIN) Debt Ratio (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported Debt Ratio for 7 consecutive years, with 0.39 the latest figure, recorded in Q2 2026.
- In Q2 2026, Debt Ratio fell 2.92% year-over-year to 0.39; the TTM figure through Jun 2026 stood at 0.39 (down 2.92% YoY), while the FY2025 annual figure was 0.42, down 8.28% from the prior year.
- Debt Ratio declined to 0.39 in Q2 2026 per COIN's latest filing, from 0.44 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.63 in Q1 2022 and bottomed at 0.03 in Q1 2024.
- Historically, Debt Ratio has averaged 0.26 across 5 years, with a median of 0.24 in 2022.
- Annual changes were most pronounced in 2023 — Debt Ratio sank 89.99% — and 2025, when it surged 1532.15%.
- Coinbase Global's Debt Ratio stood at 0.09 in 2022, then surged by 458.43% to 0.51 in 2023, then fell by 9.91% to 0.46 in 2024, then decreased by 8.28% to 0.42 in 2025, then slipped by 8.45% to 0.39 in 2026.
- Business Quant data shows COIN's Debt Ratio at 0.39 in Q2 2026, 0.44 in Q1 2026, and 0.42 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 127.72 Bn | 123.58 Bn | 2.98 Bn | 0.28 |
| 2 | Cme | 98.52 Bn | 98.52 Bn | 1.65 Bn | 0.02 |
| 3 | Intercontinental Exchange | 91.01 Bn | 89.05 Bn | - | 0.11 |
| 4 | Moodys | 87.77 Bn | 86.28 Bn | 1.67 Bn | 0.51 |
| 5 | Nasdaq | 55.32 Bn | 54.60 Bn | 1.50 Bn | 0.32 |
| 6 | Coinbase Global | 49.95 Bn | 41.16 Bn | 1.16 Bn | 0.39 |
| 7 | Msci | 41.35 Bn | 41.00 Bn | 717.10 Mn | 1.14 |
| 8 | Cboe Global Markets | 31.32 Bn | 28.93 Bn | 731.60 Mn | 0.20 |
| 9 | TransUnion | 16.50 Bn | 15.66 Bn | 765.00 Mn | 0.46 |
| 10 | Factset Research Systems | 10.85 Bn | 10.55 Bn | 310.73 Mn | 0.45 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.39 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.37 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.44 |
| Dec 31, 2024 | 0.19 |
| Sep 30, 2024 | 0.03 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.51 |
| Sep 30, 2023 | 0.05 |
| Jun 30, 2023 | 0.05 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.09 |
| Jun 30, 2022 | 0.10 |
| Mar 31, 2022 | 0.63 |
| Dec 31, 2021 | 0.65 |
| Sep 30, 2021 | 0.66 |