Coupang (CPNG) Debt Ratio (2020 - 2026)
Coupang's (CPNG) quarterly Debt Ratio came in at 0.13 in Q1 2026, up 34.99% YoY from 0.1 in Q1 2025, and up 45.53% on a QoQ basis from 0.09 in Q4 2025.
Coupang (CPNG) Debt Ratio (2020 - 2026) Analysis & Trends
Coupang (CPNG) has 7 years of Debt Ratio data on file, last reported at 0.13 in Q1 2026.
- Quarterly Debt Ratio rose 34.99% year-over-year to 0.13 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.13 (up 34.99% YoY) and the FY2025 annual result came in at 0.09, down 5.44% from the prior year.
- Debt Ratio rose to 0.13 in Q1 2026, from 0.09 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.13 in Q1 2026 to a low of 0.05 in Q4 2023.
- A 5-year average of 0.09 and a median of 0.09 in 2023 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2022 — Debt Ratio jumped 108.22% — and 2023, when it fell 21.77%.
- Tracing CPNG's Debt Ratio over 5 years: stood at 0.07 in 2022, then slipped by 21.77% to 0.05 in 2023, then jumped by 74.31% to 0.1 in 2024, then slipped by 5.44% to 0.09 in 2025, then surged by 45.53% to 0.13 in 2026.
- The last three Debt Ratio figures came in at 0.13 (Q1 2026), 0.09 (Q4 2025), and 0.11 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,930.57 Bn | 2,807.58 Bn | 198.88 Bn | 0.12 |
| 2 | PDD Holdings | 507.04 Bn | 447.50 Bn | 9.83 Bn | 0.00 |
| 3 | Mercadolibre | 97.44 Bn | 82.25 Bn | 4.16 Bn | 0.21 |
| 4 | DoorDash | 92.75 Bn | 87.40 Bn | 2.35 Bn | - |
| 5 | JD.com | 87.43 Bn | 58.25 Bn | 7.66 Bn | 0.03 |
| 6 | Sea | 78.00 Bn | 69.48 Bn | 3.15 Bn | 0.01 |
| 7 | Ebay | 47.53 Bn | 44.22 Bn | 2.30 Bn | 0.38 |
| 8 | Coupang | 29.75 Bn | 23.64 Bn | 2.49 Bn | 0.15 |
| 9 | Zkh | 16.08 Bn | 16.08 Bn | 51.11 Mn | 0.04 |
| 10 | Wayfair | 13.68 Bn | 12.54 Bn | 1.05 Bn | 0.95 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.15 |
| Mar 31, 2026 | 0.13 |
| Dec 31, 2025 | 0.09 |
| Sep 30, 2025 | 0.11 |
| Jun 30, 2025 | 0.09 |
| Mar 31, 2025 | 0.10 |
| Dec 31, 2024 | 0.10 |
| Sep 30, 2024 | 0.10 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.05 |
| Sep 30, 2023 | 0.08 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 0.07 |
| Dec 31, 2022 | 0.07 |
| Sep 30, 2022 | 0.09 |
| Jun 30, 2022 | 0.07 |
| Mar 31, 2022 | 0.07 |
| Dec 31, 2021 | 0.03 |
| Sep 30, 2021 | 0.06 |