Coinbase Global (COIN) Operating Leases (2020 - 2023)
Coinbase Global (COIN) posted quarterly Operating Leases of $14.7 million for Q4 2023, down 64.98% year-over-year from $42.0 million in Q4 2022, and up 158.75% quarter-over-quarter from $5.7 million in Q3 2023.
Coinbase Global (COIN) Operating Leases (2020 - 2023) Analysis & Trends
Coinbase Global (COIN) has reported Operating Leases for 4 consecutive years, with $14.7 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Operating Leases fell 64.98% year-over-year to $14.7 million; the TTM figure through Dec 2023 stood at $14.7 million (down 64.98% YoY), while the FY2023 annual figure was $14.7 million, down 64.98% from the prior year.
- Operating Leases advanced to $14.7 million in Q4 2023 per COIN's latest filing, from $5.7 million in the prior quarter.
- Across five years, Operating Leases topped out at $88.5 million in Q1 2021 and bottomed at $5.7 million in Q3 2023.
- Historically, Operating Leases has averaged $51.3 million across 4 years, with a median of $59.3 million in 2022.
- Annual changes were most pronounced in 2021 — Operating Leases dropped 10.22% — and 2023, when it slumped 88.66%.
- Coinbase Global's Operating Leases stood at $82.5 million in 2020, then fell by 10.22% to $74.1 million in 2021, then plunged by 43.24% to $42.0 million in 2022, then plunged by 64.98% to $14.7 million in 2023.
- Business Quant data shows COIN's Operating Leases at $14.7 million in Q4 2023, $5.7 million in Q3 2023, and $8.6 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | S&P Global | 127.26 Bn | 123.12 Bn | 2.98 Bn |
| 2 | Cme | 99.13 Bn | 99.13 Bn | 1.65 Bn |
| 3 | Intercontinental Exchange | 90.95 Bn | 88.99 Bn | - |
| 4 | Moodys | 87.63 Bn | 86.13 Bn | 1.67 Bn |
| 5 | Nasdaq | 55.45 Bn | 54.73 Bn | 1.50 Bn |
| 6 | Coinbase Global | 49.19 Bn | 40.40 Bn | 1.16 Bn |
| 7 | Msci | 41.09 Bn | 40.73 Bn | 717.10 Mn |
| 8 | Cboe Global Markets | 31.57 Bn | 29.18 Bn | 731.60 Mn |
| 9 | TransUnion | 16.37 Bn | 15.54 Bn | 765.00 Mn |
| 10 | Factset Research Systems | 10.82 Bn | 10.52 Bn | 310.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 3.82 Mn |
| Sep 30, 2023 | 5.69 Mn |
| Jun 30, 2023 | 8.61 Mn |
| Mar 31, 2023 | 11.29 Mn |
| Dec 31, 2022 | 42.04 Mn |
| Sep 30, 2022 | 50.17 Mn |
| Jun 30, 2022 | 59.32 Mn |
| Mar 31, 2022 | 66.43 Mn |
| Dec 31, 2021 | 74.08 Mn |
| Sep 30, 2021 | 81.60 Mn |
| Jun 30, 2021 | 82.29 Mn |
| Mar 31, 2021 | 88.52 Mn |
| Dec 31, 2020 | 82.51 Mn |