Coinbase Global (COIN) Interest Coverage Ratio (2021 - 2026)
Coinbase Global (COIN) reported Interest Coverage Ratio of 0.95 for Q1 2026, down 102.76% year-over-year from 34.41 in Q1 2025, and down 107.83% on a QoQ basis from 12.12 in Q4 2025.
Coinbase Global (COIN) has 6 years of Interest Coverage Ratio data on file, last reported at 0.95 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 102.76% year-over-year to 0.95 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.1 (down 70.49% YoY) and the FY2025 annual result came in at 16.81, down 41.26% from the prior year.
- Interest Coverage Ratio declined to 0.95 in Q1 2026 per COIN's latest filing, from 12.12 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 50.35 in Q4 2024 and bottomed at 44.15 in Q2 2022.
- The 5-year median for Interest Coverage Ratio is 0.95 (2026), against an average of 3.18.
- The widest annual swing landed in 2022, when Interest Coverage Ratio tumbled 161.82%; it then surged 793.24% in 2024.
- Tracing COIN's Interest Coverage Ratio over 5 years: stood at 25.69 in 2022, then jumped by 124.02% to 6.17 in 2023, then soared by 716.03% to 50.35 in 2024, then tumbled by 75.94% to 12.12 in 2025, then tumbled by 107.83% to 0.95 in 2026.
- Per Business Quant, the three latest COIN Interest Coverage Ratio figures stand at 0.95 (Q1 2026), 12.12 (Q4 2025), and 22.07 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 126.06 Bn | 129.16 Bn | 2.94 Bn | 20.85 |
| 2 | Cme | 98.29 Bn | 98.29 Bn | 1.83 Bn | 30.04 |
| 3 | Intercontinental Exchange | 83.83 Bn | 82.37 Bn | - | 8.20 |
| 4 | Moodys | 80.13 Bn | 78.77 Bn | 1.55 Bn | - |
| 5 | Nasdaq | 52.44 Bn | 51.76 Bn | 1.41 Bn | 7.55 |
| 6 | Coinbase Global | 50.05 Bn | 49.52 Bn | 1.33 Bn | -0.95 |
| 7 | Msci | 46.28 Bn | 45.89 Bn | 765.10 Mn | 6.61 |
| 8 | Cboe Global Markets | 34.92 Bn | 32.75 Bn | 728.90 Mn | 38.02 |
| 9 | TransUnion | 13.79 Bn | 13.22 Bn | 726.20 Mn | 3.95 |
| 10 | Factset Research Systems | 9.06 Bn | 8.78 Bn | 314.28 Mn | 14.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.95 |
| Dec 31, 2025 | 12.12 |
| Sep 30, 2025 | 22.07 |
| Jun 30, 2025 | -1.20 |
| Mar 31, 2025 | 34.41 |
| Dec 31, 2024 | 50.35 |
| Sep 30, 2024 | 8.26 |
| Jun 30, 2024 | 16.73 |
| Mar 31, 2024 | 39.88 |
| Dec 31, 2023 | 6.17 |
| Sep 30, 2023 | -3.83 |
| Jun 30, 2023 | -3.39 |
| Mar 31, 2023 | -5.75 |
| Dec 31, 2022 | -25.69 |
| Sep 30, 2022 | -25.87 |
| Jun 30, 2022 | -44.15 |
| Mar 31, 2022 | -25.05 |
| Dec 31, 2021 | 43.02 |
| Sep 30, 2021 | 41.85 |
| Jun 30, 2021 | 1,169.42 |