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% on a QoQ basis from 0.5 in Q4 2025.
Coinbase Global (COIN) has 7 years of Equity Ratio data on file, last reported at 0.47 in Q1 2026.
- Quarterly Equity Ratio fell 3.0% year-over-year to 0.47 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.47 (down 3.0% YoY) and the FY2025 annual result came in at 0.5, up 9.36% from the prior year.
- Equity Ratio declined to 0.47 in Q1 2026 per COIN's latest filing, from 0.5 in the prior quarter.
- Across five years, Equity Ratio topped out at 0.52 in Q2 2025 and bottomed at 0.02 in Q1 2024.
- The 5-year median for Equity Ratio is 0.06 (2022), against an average of 0.24.
- The widest annual swing landed in 2023, when Equity Ratio plunged 86.9%; it then surged 1977.26% in 2025.
- Tracing COIN's Equity Ratio over 5 years: stood at 0.06 in 2022, then jumped by 600.36% to 0.43 in 2023, then grew by 7.08% to 0.46 in 2024, then advanced by 9.36% to 0.5 in 2025, then dropped by 6.27% to 0.47 in 2026.
- Per Business Quant, the three latest COIN Equity Ratio figures stand at 0.47 (Q1 2026), 0.5 (Q4 2025), and 0.51 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 0.51 |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 0.13 |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 0.16 |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | 0.21 |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 0.44 |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | 0.47 |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | -0.50 |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 0.49 |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 0.39 |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 0.50 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 0.23 |
| Dec 31, 2020 | 0.16 |