Coupang (CPNG) EBT Margin (2020 - 2026)
Coupang's EBT Margin was -6.02% in Q2 2026, down 8.29 percentage points from 2.28% a year earlier and down 3.02 percentage points from the prior quarter.
Coupang (CPNG) EBT Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Coupang's EBT Margin was -1.69% through Jun 30, 2026, down 4.24 percentage points year-over-year; for FY2025, it came in at 1.73%, up 0.17 percentage points from FY2024.
- EBT Margin shows a five-year change of +5.60 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 1.56% in FY2024 (-0.83 pp), 2.40% in FY2023 (+2.85 pp), -0.45% in FY2022 (+7.93 pp) and -8.38% in FY2021 (-4.51 pp).
- The Q2 2026 figure marks the lowest quarterly EBT Margin since Q4 2021.
- Compared with a year earlier, EBT Margin has declined for three straight quarters, with an average year-over-year change of -1.55 percentage points over the last eight quarters.
- The best year-over-year quarter for EBT Margin over five years was Q2 2022 (a gain of 10.09 percentage points); the worst was Q2 2026 (a drop of 8.29 percentage points).
- Per Business Quant data, CPNG's EBT Margin in the three quarters before Q2 2026 was -3.00% (Q1 2026), 0.25% (Q4 2025) and 1.78% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | 40.31% |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | 13.19% |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | 13.29% |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | 12.23% |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | 18.11% |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | 18.89% |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | 7.85% |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | 9.27% |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | 16.80% |
| 10 | Coupang | 28.37 Bn | 2.41 Bn | 2.49 Bn | -6.02% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.02% |
| Mar 31, 2026 | -3.00% |
| Dec 31, 2025 | 0.25% |
| Sep 30, 2025 | 1.78% |
| Jun 30, 2025 | 2.28% |
| Mar 31, 2025 | 2.73% |
| Dec 31, 2024 | 3.50% |
| Sep 30, 2024 | 1.68% |
| Jun 30, 2024 | 0.04% |
| Mar 31, 2024 | 0.83% |
| Dec 31, 2023 | 2.62% |
| Sep 30, 2023 | 1.89% |
| Jun 30, 2023 | 2.93% |
| Mar 31, 2023 | 2.14% |
| Dec 31, 2022 | 1.76% |
| Sep 30, 2022 | 1.91% |
| Jun 30, 2022 | -1.49% |
| Mar 31, 2022 | -4.09% |
| Dec 31, 2021 | -7.97% |
| Sep 30, 2021 | -6.97% |
Coupang EBT 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=ebt-margin&ticker=CPNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();