Coinbase Global (COIN) EV to CFO (2021 - 2026)
Coinbase Global's (COIN) EV to CFO was 28.76 for Q3 2026, up 27.1% from 22.63 a year earlier and up 65.5% from the prior quarter.
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Analysis
Coinbase Global (COIN) EV to CFO (2021 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Coinbase Global's EV to CFO came in at 6.89, down 45.6% year-over-year; for FY2025, it came in at 20.18, up 16.7% from FY2024.
- By year, EV to CFO came in at 17.29 in FY2024 (-67.7%), 53.60 in FY2023 and 11.78 in FY2021.
- The Q3 2026 figure ranks as the highest quarterly EV to CFO since Q2 2024.
- Year over year, EV to CFO gained in three of the last eight quarters, with an average decline of 9.2%.
- The high point for year-over-year EV to CFO in five years was Q1 2026 (growth of 126.7%); the low point was Q1 2025 (a decline of 90.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 17.37 (Q2 2026), 20.24 (Q1 2026) and 20.18 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn |
| 10 | Bitmine Immersion Technologies | 10.38 Bn | 7.76 Bn | 40.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.76 |
| Jun 30, 2026 | 17.37 |
| Mar 31, 2026 | 20.24 |
| Dec 31, 2025 | 20.18 |
| Sep 30, 2025 | 22.63 |
| Jun 30, 2025 | 19.21 |
| Mar 31, 2025 | 8.93 |
| Dec 31, 2024 | 17.29 |
| Sep 30, 2024 | 26.92 |
| Jun 30, 2024 | 49.12 |
| Mar 31, 2024 | 92.44 |
| Dec 31, 2023 | 53.60 |
| Sep 30, 2023 | 68.17 |
| Mar 31, 2022 | 65.40 |
| Dec 31, 2021 | 11.78 |
| Sep 30, 2021 | 5.74 |
| Jun 30, 2021 | 6.72 |
API Access
Coinbase Global EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=COIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "COIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();