Coinbase Global (COIN) EV to EBITDA (2021 - 2026)
Coinbase Global's EV to EBITDA was 94.76 in Q3 2026, up 194.8% from 32.14 a year earlier and up 168.2% from the prior quarter.
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Analysis
Coinbase Global (COIN) EV to EBITDA (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Coinbase Global's EV to EBITDA was 22.70 through Sep 30, 2026, up 26.2% year-over-year; for FY2025, it was 30.16, up 36.8% from FY2024.
- In earlier years, EV to EBITDA was 22.04 in FY2024 and 15.12 in FY2021.
- The Q3 2026 figure marks the highest quarterly EV to EBITDA in data going back to Q2 2021.
- Compared with a year earlier, EV to EBITDA has increased for five straight quarters, with growth averaging 53.7% over the last seven quarters.
- Per Business Quant data, COIN's EV to EBITDA in the three quarters before Q3 2026 was 35.33 (Q2 2026), 38.69 (Q1 2026) and 30.39 (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 | 94.76 |
| Jun 30, 2026 | 35.33 |
| Mar 31, 2026 | 38.69 |
| Dec 31, 2025 | 30.39 |
| Sep 30, 2025 | 32.14 |
| Jun 30, 2025 | 31.46 |
| Mar 31, 2025 | 13.28 |
| Dec 31, 2024 | 22.04 |
| Sep 30, 2024 | 23.80 |
| Jun 30, 2024 | 37.09 |
| Mar 31, 2024 | 67.59 |
| Mar 31, 2022 | 21.56 |
| Dec 31, 2021 | 15.13 |
| Sep 30, 2021 | 16.96 |
| Jun 30, 2021 | 21.23 |
API Access
Coinbase Global EV to EBITDA 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-ebitda&ticker=COIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();