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% quarter-over-quarter from 0.22 in Q4 2025.
Coinbase Global (COIN) Debt Ratio (2020 - 2026) Analysis & Trends
Coinbase Global (COIN) has 7 years of Debt Ratio data on file, last reported at 0.23 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.23, up 15.65% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.23 (up 15.65% YoY), and the FY2025 annual result was 0.22, up 5.33% from the prior year.
- Debt Ratio rose to 0.23 in Q1 2026 per COIN's latest filing, from 0.22 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.23 in Q3 2025 and troughed at 0.01 in Q1 2024.
- A 5-year average of 0.11 and a median of 0.04 in 2022 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2023 and 2025: Debt Ratio sank 86.2% in 2023, then surged 1506.14% in 2025.
- A 5-year view of Debt Ratio shows it stood at 0.04 in 2022, then jumped by 422.02% to 0.21 in 2023, then slipped by 0.88% to 0.2 in 2024, then grew by 5.33% to 0.22 in 2025, then advanced by 4.72% to 0.23 in 2026.
- Business Quant data shows COIN's Debt Ratio at 0.23 in Q1 2026, 0.22 in Q4 2025, and 0.23 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 122.27 Bn | 125.38 Bn | 2.94 Bn | 0.22 |
| 2 | Cme | 88.49 Bn | 88.49 Bn | 1.83 Bn | 0.02 |
| 3 | Moodys | 79.74 Bn | 78.38 Bn | 1.55 Bn | 0.47 |
| 4 | Intercontinental Exchange | 76.18 Bn | 74.71 Bn | - | 0.11 |
| 5 | Nasdaq | 46.59 Bn | 45.91 Bn | 1.41 Bn | 0.33 |
| 6 | Coinbase Global | 43.23 Bn | 42.70 Bn | 1.33 Bn | 0.23 |
| 7 | Msci | 42.63 Bn | 42.25 Bn | 765.10 Mn | 1.15 |
| 8 | Cboe Global Markets | 26.37 Bn | 24.20 Bn | 728.90 Mn | 0.13 |
| 9 | TransUnion | 12.50 Bn | 11.93 Bn | 726.20 Mn | 0.47 |
| 10 | Factset Research Systems | 8.21 Bn | 7.92 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 |