Coupang (CPNG) Equity Ratio (2020 - 2026)

Coupang (CPNG) recorded quarterly Equity Ratio of 0.23 in Q1 2026, down 13.09% on a QoQ basis from 0.26 in Q4 2025, and down 17.45% year-over-year from 0.27 in Q1 2025.

Coupang (CPNG) Equity Ratio (2020 - 2026) Analysis & Trends

Coupang has disclosed Equity Ratio across 7 years of filings, most recently posting 0.23 for Q1 2026.

  • Quarterly Equity Ratio fell 17.45% year-over-year to 0.23 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.23 (down 17.45% YoY) and the FY2025 annual result came in at 0.26, down 2.78% from the prior year.
  • Equity Ratio declined to 0.23 in Q1 2026, from 0.26 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.31 in Q4 2023 and troughed at 0.23 in Q1 2026.
  • A 5-year average of 0.26 and a median of 0.26 in 2023 frame the typical range for Equity Ratio.
  • Annual changes were most pronounced in 2022 — Equity Ratio slumped 38.49% — and 2023, when it advanced 20.74%.
  • Tracing CPNG's Equity Ratio over 5 years: stood at 0.25 in 2022, then advanced by 20.74% to 0.31 in 2023, then fell by 12.74% to 0.27 in 2024, then dropped by 2.78% to 0.26 in 2025, then slipped by 13.09% to 0.23 in 2026.
  • Business Quant data shows CPNG's Equity Ratio at 0.23 in Q1 2026, 0.26 in Q4 2025, and 0.25 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 0.48
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 0.16
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 0.52
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 0.66
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 0.25
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 0.23
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -0.99
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 0.68
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 0.13

Historic Data

Download Data
DateValue
Mar 31, 2026 0.23
Dec 31, 2025 0.26
Sep 30, 2025 0.25
Jun 30, 2025 0.26
Mar 31, 2025 0.27
Dec 31, 2024 0.27
Sep 30, 2024 0.26
Jun 30, 2024 0.25
Mar 31, 2024 0.27
Dec 31, 2023 0.31
Sep 30, 2023 0.25
Jun 30, 2023 0.26
Mar 31, 2023 0.26
Dec 31, 2022 0.25
Sep 30, 2022 0.27
Jun 30, 2022 0.25
Mar 31, 2022 0.23
Dec 31, 2021 0.25
Sep 30, 2021 0.30
Jun 30, 2021 0.33