Coupang (CPNG) Asset Utilization Ratio (2021 - 2026)
Coupang's (CPNG) quarterly Asset Utilization Ratio came in at 2.0 in Q1 2026, up 0.7% YoY from 1.98 in Q1 2025, and up 5.39% on a QoQ basis from 1.89 in Q4 2025.
Coupang (CPNG) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Coupang (CPNG) has 6 years of Asset Utilization Ratio data on file, last reported at 2.0 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 0.7% year-over-year to 2.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.0 (up 0.7% YoY) and the FY2025 annual result came in at 2.08, down 1.2% from the prior year.
- Asset Utilization Ratio improved to 2.0 in Q1 2026, from 1.89 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 2.46 in Q3 2022 to a low of 1.8 in Q2 2024.
- A 5-year average of 2.04 and a median of 1.98 in 2025 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio climbed 27.59% — and 2024, when it dropped 17.91%.
- Tracing CPNG's Asset Utilization Ratio over 5 years: stood at 2.33 in 2022, then dropped by 16.11% to 1.96 in 2023, then dropped by 2.42% to 1.91 in 2024, then declined by 0.83% to 1.89 in 2025, then climbed by 5.39% to 2.0 in 2026.
- The last three Asset Utilization Ratio figures came in at 2.0 (Q1 2026), 1.89 (Q4 2025), and 1.84 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.81 Bn | 2,808.82 Bn | 198.88 Bn | 1.38 |
| 2 | PDD Holdings | 507.01 Bn | 447.47 Bn | 9.83 Bn | 0.00 |
| 3 | Mercadolibre | 98.28 Bn | 83.09 Bn | 4.16 Bn | 0.72 |
| 4 | DoorDash | 92.43 Bn | 87.08 Bn | 2.35 Bn | 0.81 |
| 5 | JD.com | 87.46 Bn | 58.28 Bn | 7.66 Bn | 3.27 |
| 6 | Sea | 77.90 Bn | 69.38 Bn | 3.15 Bn | 0.50 |
| 7 | Ebay | 47.21 Bn | 43.91 Bn | 2.30 Bn | 0.67 |
| 8 | Coupang | 29.73 Bn | 23.62 Bn | 2.49 Bn | 2.04 |
| 9 | Zkh | 16.37 Bn | 16.37 Bn | 51.11 Mn | 2,865.04 |
| 10 | Wayfair | 13.67 Bn | 12.52 Bn | 1.05 Bn | 4.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.04 |
| Mar 31, 2026 | 2.00 |
| Dec 31, 2025 | 1.89 |
| Sep 30, 2025 | 1.84 |
| Jun 30, 2025 | 1.91 |
| Mar 31, 2025 | 1.98 |
| Dec 31, 2024 | 1.91 |
| Sep 30, 2024 | 1.83 |
| Jun 30, 2024 | 1.80 |
| Mar 31, 2024 | 1.82 |
| Dec 31, 2023 | 1.96 |
| Sep 30, 2023 | 2.08 |
| Jun 30, 2023 | 2.16 |
| Mar 31, 2023 | 2.21 |
| Dec 31, 2022 | 2.33 |
| Sep 30, 2022 | 2.46 |
| Jun 30, 2022 | 2.32 |
| Mar 31, 2022 | 2.23 |
| Dec 31, 2021 | 2.14 |
| Sep 30, 2021 | 2.00 |