Coinbase Global (COIN) Debt Ratio (2020 - 2026)
Coinbase Global (COIN) reported Debt Ratio of 0.23 for Q1 2026, up 15.65% year-over-year from 0.19 in Q1 2025, and up 4.72% on a QoQ basis from 0.22 in Q4 2025.
Coinbase Global (COIN) has 7 years of Debt Ratio data on file, last reported at 0.23 in Q1 2026.
- Quarterly Debt Ratio rose 15.65% year-over-year to 0.23 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.23 (up 15.65% YoY) and the FY2025 annual result came in at 0.22, up 5.33% from the prior year.
- Debt Ratio grew to 0.23 in Q1 2026 per COIN's latest filing, from 0.22 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.23 in Q3 2025 and bottomed at 0.01 in Q1 2024.
- The 5-year median for Debt Ratio is 0.04 (2022), against an average of 0.11.
- The widest annual swing landed in 2023, when Debt Ratio tumbled 86.2%; it then soared 1506.14% in 2025.
- Tracing COIN's Debt Ratio over 5 years: stood at 0.04 in 2022, then surged by 422.02% to 0.21 in 2023, then retreated by 0.88% to 0.2 in 2024, then advanced by 5.33% to 0.22 in 2025, then rose by 4.72% to 0.23 in 2026.
- Per Business Quant, the three latest COIN Debt Ratio figures stand at 0.23 (Q1 2026), 0.22 (Q4 2025), and 0.23 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 0.22 |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 0.02 |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 0.11 |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 0.47 |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 0.33 |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 0.23 |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 1.15 |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 0.13 |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 0.47 |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 0.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.23 |
| Dec 31, 2025 | 0.22 |
| Sep 30, 2025 | 0.23 |
| Jun 30, 2025 | 0.18 |
| Mar 31, 2025 | 0.19 |
| Dec 31, 2024 | 0.20 |
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.01 |
| Mar 31, 2024 | 0.01 |
| Dec 31, 2023 | 0.21 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.03 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.18 |
| Sep 30, 2021 | 0.21 |
| Jun 30, 2021 | 0.02 |
| Mar 31, 2021 | 0.61 |
| Dec 31, 2020 | 0.66 |