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| Date | Value |
|---|---|
| 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 |