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Growth Metrics

Coinbase Global (COIN) Return on Capital Employed (2021 - 2026)

Coinbase Global (COIN) reported Return on Capital Employed of 3.53% for Q1 2026, down 1129.0% year-over-year from 0.34% in Q1 2025, and down 46.38% on a QoQ basis from 6.58% in Q4 2025.

Coinbase Global (COIN) has 6 years of Return on Capital Employed data on file, last reported at 3.53% in Q1 2026.

  • Quarterly Return on Capital Employed fell 1129.0% year-over-year to 3.53% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.53% (down 1129.0% YoY) and the FY2025 annual result came in at 8.25%, down 1330.0% from the prior year.
  • Return on Capital Employed eased to 3.53% in Q1 2026 per COIN's latest filing, from 6.58% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 15.1% in Q1 2022 and bottomed at 19.74% in Q3 2022.
  • The 5-year median for Return on Capital Employed is 2.64% (2024), against an average of 2.6%.
  • The widest annual swing landed in 2022, when Return on Capital Employed plunged 16077 bps; it then jumped 1830 bps in 2024.
  • Tracing COIN's Return on Capital Employed over 5 years: stood at 13.81% in 2022, then jumped by 98 bps to 0.25% in 2023, then soared by 729 bps to 1.55% in 2024, then soared by 324 bps to 6.58% in 2025, then plunged by 46 bps to 3.53% in 2026.
  • Per Business Quant, the three latest COIN Return on Capital Employed figures stand at 3.53% (Q1 2026), 6.58% (Q4 2025), and 12.05% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 13.36%
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 12.95%
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 16.61%
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 29.45%
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 9.84%
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn 3.53%
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 44.72%
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 28.43%
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 8.05%
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 20.15%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 3.53%
Dec 31, 2025 6.58%
Sep 30, 2025 12.05%
Jun 30, 2025 13.11%
Mar 31, 2025 14.82%
Dec 31, 2024 1.55%
Sep 30, 2024 12.43%
Jun 30, 2024 2.64%
Mar 31, 2024 -0.47%
Dec 31, 2023 -0.25%
Sep 30, 2023 -5.87%
Jun 30, 2023 -13.17%
Mar 31, 2023 14.53%
Dec 31, 2022 -13.81%
Sep 30, 2022 -19.74%
Jun 30, 2022 1.17%
Mar 31, 2022 15.10%
Dec 31, 2021 36.43%
Sep 30, 2021 31.71%
Jun 30, 2021 66.02%
Mar 31, 2021 175.87%