Coinbase Global (COIN) Equity Ratio (2020 - 2026)

Coinbase Global (COIN) reported Equity Ratio of 0.47 for Q1 2026, down 3.0% year-over-year from 0.48 in Q1 2025, and down 6.27% quarter-over-quarter from 0.5 in Q4 2025.

Coinbase Global (COIN) Equity Ratio (2020 - 2026) Analysis & Trends

Coinbase Global (COIN) has 7 years of Equity Ratio data on file, last reported at 0.47 in Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.47, down 3.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.47 (down 3.0% YoY), and the FY2025 annual result was 0.5, up 9.36% from the prior year.
  • Equity Ratio eased to 0.47 in Q1 2026 per COIN's latest filing, from 0.5 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.52 in Q2 2025 and troughed at 0.02 in Q1 2024.
  • A 5-year average of 0.24 and a median of 0.06 in 2022 frame the typical range for Equity Ratio.
  • The sharpest annual moves came in 2023 and 2025: Equity Ratio slumped 86.9% in 2023, then jumped 1977.26% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.06 in 2022, then soared by 600.36% to 0.43 in 2023, then rose by 7.08% to 0.46 in 2024, then grew by 9.36% to 0.5 in 2025, then fell by 6.27% to 0.47 in 2026.
  • Business Quant data shows COIN's Equity Ratio at 0.47 in Q1 2026, 0.5 in Q4 2025, and 0.51 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 S&P Global 122.27 Bn 125.38 Bn 2.94 Bn 0.51
2 Cme 88.49 Bn 88.49 Bn 1.83 Bn 0.13
3 Moodys 79.74 Bn 78.38 Bn 1.55 Bn 0.21
4 Intercontinental Exchange 76.18 Bn 74.71 Bn - 0.16
5 Nasdaq 46.59 Bn 45.91 Bn 1.41 Bn 0.44
6 Coinbase Global 43.23 Bn 42.70 Bn 1.33 Bn 0.47
7 Msci 42.63 Bn 42.25 Bn 765.10 Mn -0.50
8 Cboe Global Markets 26.37 Bn 24.20 Bn 728.90 Mn 0.49
9 TransUnion 12.50 Bn 11.93 Bn 726.20 Mn 0.39
10 Factset Research Systems 8.21 Bn 7.92 Bn 314.28 Mn 0.50

Historic Data

Download Data
DateValue
Mar 31, 2026 0.47
Dec 31, 2025 0.50
Sep 30, 2025 0.51
Jun 30, 2025 0.52
Mar 31, 2025 0.48
Dec 31, 2024 0.46
Sep 30, 2024 0.03
Jun 30, 2024 0.03
Mar 31, 2024 0.02
Dec 31, 2023 0.43
Sep 30, 2023 0.05
Jun 30, 2023 0.04
Mar 31, 2023 0.04
Dec 31, 2022 0.06
Sep 30, 2022 0.05
Jun 30, 2022 0.06
Mar 31, 2022 0.31
Dec 31, 2021 0.30
Sep 30, 2021 0.29
Jun 30, 2021 0.29