Coinbase Global (COIN) EV to FCF (2021 - 2026)
Coinbase Global's (COIN) EV to FCF came in at 17.37 for Q2 2026, down 9.6% from 19.21 a year earlier and down 14.2% from the prior quarter.
Coinbase Global (COIN) EV to FCF (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Coinbase Global was -2.70; for FY2025, it came in at 20.18, up 16.7% from FY2024.
- In prior years, Coinbase Global's EV to FCF was 17.29 in FY2024 (-67.7%), 53.51 in FY2023 and 12.11 in FY2021.
- The Q2 2026 figure stands as the lowest quarterly EV to FCF since Q1 2025.
- On a year-over-year basis, EV to FCF increased in three of the last eight quarters, with growth averaging 11.0%.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q3 2025, with growth of 233.4%; the weakest was Q1 2025, with a decline of 90.3%.
- According to Business Quant data, EV to FCF for the three prior quarters was 20.24 (Q1 2026), 20.18 (Q4 2025) and 89.72 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | PayPal Holdings | 49.67 Bn | 7.89 Bn | - |
| 2 | Block | 46.56 Bn | 17.86 Bn | 3.17 Bn |
| 3 | Coinbase Global | 45.63 Bn | 2.44 Bn | - |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - |
| 5 | Fiserv | 25.31 Bn | 21.98 Bn | 2.90 Bn |
| 6 | Global Payments | 22.57 Bn | 361.32 Mn | 2.03 Bn |
| 7 | Guidewire Software | 14.23 Bn | 10.79 Bn | 269.68 Mn |
| 8 | Bitmine Immersion Technologies | 11.95 Bn | 9.33 Bn | 40.81 Mn |
| 9 | Chime Financial | 11.27 Bn | 7.06 Bn | 594.87 Mn |
| 10 | Jack Henry & Associates | 11.02 Bn | 10.92 Bn | 273.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.37 |
| Mar 31, 2026 | 20.24 |
| Dec 31, 2025 | 20.18 |
| Sep 30, 2025 | 89.72 |
| Jun 30, 2025 | 19.21 |
| Mar 31, 2025 | 8.93 |
| Dec 31, 2024 | 17.29 |
| Sep 30, 2024 | 26.91 |
| Jun 30, 2024 | 49.09 |
| Mar 31, 2024 | 92.57 |
| Dec 31, 2023 | 53.51 |
| Sep 30, 2023 | 66.99 |
| Mar 31, 2022 | 73.97 |
| Dec 31, 2021 | 12.11 |
| Sep 30, 2021 | 5.76 |
| Jun 30, 2021 | 6.74 |
Coinbase Global EV to FCF 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-fcf&ticker=COIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();