Growth Metrics

Coupang (CPNG) Debt Ratio (2020 - 2026)

Coupang (CPNG) reported Debt Ratio of 0.1 for Q1 2026, down 1.4% year-on-year from 0.1 in Q1 2025, and up 78.05% quarter-over-quarter from 0.05 in Q4 2025.

Coupang (CPNG) has 7 years of Debt Ratio data on file, last reported at 0.1 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 1.4% year-over-year to 0.1; the trailing twelve-month figure through Mar 2026 stood at 0.1 (down 1.4% YoY), and the FY2025 full-year result was 0.05, down 43.55% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.1, up from 0.05 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.1 in Q1 2025 and bottomed at 0.03 in Q3 2025.
  • A 5-year average of 0.08 and a median of 0.08 in 2023 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio jumped 246.93% in 2022 and tumbled 55.51% in 2025, its largest moves.
  • Tracing CPNG's Debt Ratio over 5 years: stood at 0.07 in 2022, then retreated by 13.33% to 0.06 in 2023, then surged by 57.33% to 0.1 in 2024, then plunged by 43.55% to 0.05 in 2025, then surged by 78.05% to 0.1 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.1, 0.05, and 0.03 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Amazon Com 2,907.49 Bn 2,764.40 Bn 171.21 Bn 0.13
2 Mercadolibre 85.96 Bn 80.31 Bn 3.86 Bn 0.21
3 DoorDash 69.36 Bn 64.50 Bn 2.04 Bn -
4 PDD Holdings 66.56 Bn 41.90 Bn 12.81 Bn 0.00
5 Ebay 48.95 Bn 45.09 Bn 2.29 Bn 0.38
6 Coupang 30.30 Bn 30.21 Bn 2.30 Bn 0.10
7 Maplebear 9.52 Bn 8.83 Bn 738.00 Mn -
8 Wayfair 9.47 Bn 8.40 Bn 880.00 Mn 1.02
9 Chewy 9.33 Bn 8.46 Bn 959.70 Mn -
10 Etsy 6.54 Bn 5.11 Bn 455.60 Mn 0.24

Historic Data

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DateValue
Mar 31, 2026 0.10
Dec 31, 2025 0.05
Sep 30, 2025 0.03
Jun 30, 2025 0.06
Mar 31, 2025 0.10
Dec 31, 2024 0.10
Sep 30, 2024 0.07
Jun 30, 2024 0.09
Mar 31, 2024 0.08
Dec 31, 2023 0.06
Sep 30, 2023 0.07
Jun 30, 2023 0.08
Mar 31, 2023 0.08
Dec 31, 2022 0.07
Sep 30, 2022 0.09
Jun 30, 2022 0.07
Mar 31, 2022 0.09
Dec 31, 2021 0.07
Sep 30, 2021 0.06
Jun 30, 2021 0.02
Mar 31, 2021 0.05
Dec 31, 2020 0.10