Coupang (CPNG) EBITDA Margin (2020 - 2026)
Coupang's EBITDA Margin came in at -4.64% for Q2 2026, down 7.87 percentage points from 3.23% a year earlier and down 3.48 percentage points from the prior quarter.
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Analysis
Coupang (CPNG) EBITDA Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Coupang reported EBITDA Margin of -0.20%, down 3.93 percentage points year-over-year; for FY2025, it came in at 2.87%, unchanged from FY2024.
- EBITDA Margin carries a five-year change of +6.11 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 2.87% in FY2024 (-0.20 pp), 3.07% in FY2023 (+2.49 pp), 0.58% in FY2022 (+7.60 pp) and -7.02% in FY2021 (-3.78 pp).
- The Q2 2026 figure represents the lowest quarterly EBITDA Margin since Q4 2021.
- Year-over-year, EBITDA Margin has declined for three consecutive quarters, with an average year-over-year change of -1.21 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q2 2022 (a gain of 10.32 percentage points), and the weakest in Q2 2026 (a drop of 7.87 percentage points).
- Business Quant data shows CPNG's EBITDA Margin at -1.16% (Q1 2026), 1.63% (Q4 2025) and 3.18% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,807.22 Bn | 2,303.89 Bn | 107.37 Bn | 24.28% |
| 2 | Home Depot | 347.46 Bn | 340.70 Bn | 16.12 Bn | 16.60% |
| 3 | Tjx Companies | 153.51 Bn | 131.06 Bn | 5.07 Bn | 15.33% |
| 4 | Lowes Companies | 127.28 Bn | 120.25 Bn | 8.58 Bn | 16.17% |
| 5 | O Reilly Automotive | 75.34 Bn | 74.43 Bn | 2.52 Bn | 23.02% |
| 6 | Ross Stores | 74.38 Bn | 57.31 Bn | 2.12 Bn | 19.85% |
| 7 | Target | 71.81 Bn | 66.40 Bn | 8.94 Bn | 12.60% |
| 8 | Autozone | 54.47 Bn | 53.32 Bn | 3.52 Bn | 23.36% |
| 9 | Carvana | 52.23 Bn | 41.81 Bn | 1.52 Bn | 9.75% |
| 10 | Coupang | 29.54 Bn | 5.36 Bn | 2.56 Bn | -3.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -3.02% |
| Jun 30, 2026 | -4.64% |
| Mar 31, 2026 | -1.16% |
| Dec 31, 2025 | 1.63% |
| Sep 30, 2025 | 3.18% |
| Jun 30, 2025 | 3.23% |
| Mar 31, 2025 | 3.49% |
| Dec 31, 2024 | 5.42% |
| Sep 30, 2024 | 2.81% |
| Jun 30, 2024 | 1.11% |
| Mar 31, 2024 | 1.90% |
| Dec 31, 2023 | 3.17% |
| Sep 30, 2023 | 2.52% |
| Jun 30, 2023 | 3.67% |
| Mar 31, 2023 | 2.95% |
| Dec 31, 2022 | 2.63% |
| Sep 30, 2022 | 2.58% |
| Jun 30, 2022 | -0.13% |
| Mar 31, 2022 | -2.86% |
| Dec 31, 2021 | -6.73% |
API Access
Coupang EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CPNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "CPNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();