KPIs & Operating Metrics(New)
Growth Metrics

Coinbase Global (COIN) Return on Invested Capital (2020 - 2025)

Coinbase Global (COIN) has disclosed Return on Invested Capital for 6 consecutive years, with 0.1% as the latest value for Q2 2025.

  • On a quarterly basis, Return on Invested Capital rose 1.0% to 0.1% in Q2 2025 year-over-year; TTM through Jun 2025 was 0.1%, a 1.0% increase, with the full-year FY2024 number at 0.17%, up 15.0% from a year prior.
  • Return on Invested Capital was 0.1% for Q2 2025 at Coinbase Global, down from 0.14% in the prior quarter.
  • In the past five years, Return on Invested Capital ranged from a high of 0.67% in Q2 2021 to a low of 0.26% in Q4 2022.
  • A 5-year average of 0.12% and a median of 0.09% in 2025 define the central range for Return on Invested Capital.
  • Peak YoY movement for Return on Invested Capital: surged 34bps in 2021, then crashed -72bps in 2022.
  • Coinbase Global's Return on Invested Capital stood at 0.46% in 2021, then tumbled by -157bps to 0.26% in 2022, then skyrocketed by 108bps to 0.02% in 2023, then soared by 573bps to 0.15% in 2024, then crashed by -32bps to 0.1% in 2025.
  • Per Business Quant, the three most recent readings for COIN's Return on Invested Capital are 0.1% (Q2 2025), 0.14% (Q1 2025), and 0.15% (Q4 2024).