Coupang (CPNG) EV to EBITDA (2021 - 2026)
Coupang's (CPNG) quarterly EV to EBITDA came in at 44.99 in Q2 2026, down 114.05% on a YoY basis from 320.14 in Q2 2025, and up 60.91% quarter-over-quarter from 115.09 in Q1 2026.
Analysis
Coupang (CPNG) EV to EBITDA (2021 - 2026) Analysis & Trends
Coupang (CPNG) has reported EV to EBITDA for 6 consecutive years, with 44.99 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA fell 114.05% year-over-year to 44.99; the trailing twelve-month figure through Jun 2026 stood at 39.84 (down 160.46% YoY), and the FY2025 full-year result was 77.56, changed 0.1% from the prior year.
- EV to EBITDA climbed to 44.99 in Q2 2026 per CPNG's latest filing, from 115.09 in the prior quarter.
- Across five years, EV to EBITDA topped out at 4585.82 in Q4 2025 and bottomed at 1282.26 in Q2 2024.
- Historically, EV to EBITDA has averaged 344.46 across 5 years, with a median of 224.05 in 2023.
- The sharpest annual moves came in 2024 and 2025: EV to EBITDA sank 815.57% in 2024, then surged 4135.32% in 2025.
- Over 5 years, EV to EBITDA stood at 270.49 in 2022, then sank by 32.92% to 181.44 in 2023, then sank by 40.32% to 108.28 in 2024, then soared by 4135.32% to 4585.82 in 2025, then plunged by 100.98% to 44.99 in 2026.
- According to Business Quant data, EV to EBITDA over the past three periods registered 44.99, 115.09, and 4585.82 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,787.51 Bn | 2,664.53 Bn | 198.88 Bn |
| 2 | JD.com | 34.28 Bn | 11.02 Bn | 16.50 Bn |
| 3 | Coupang | 27.38 Bn | 21.27 Bn | 2.49 Bn |
| 4 | Wayfair | 13.53 Bn | 12.38 Bn | 1.05 Bn |
| 5 | GigaCloud Technology | 3.72 Bn | 3.34 Bn | 105.56 Mn |
| 6 | Pattern | 3.14 Bn | 2.79 Bn | 384.36 Mn |
| 7 | Yunji | 2.00 Bn | 1.97 Bn | - |
| 8 | Revolve | 1.52 Bn | 1.18 Bn | 196.67 Mn |
| 9 | LuxExperience B.V | 746.33 Mn | 382.11 Mn | 329.37 Mn |
| 10 | ATRenew | 672.68 Mn | 411.56 Mn | -705.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -44.99 |
| Mar 31, 2026 | -115.09 |
| Dec 31, 2025 | 4,585.82 |
| Sep 30, 2025 | 317.73 |
| Jun 30, 2025 | 320.14 |
| Mar 31, 2025 | 217.78 |
| Dec 31, 2024 | 108.28 |
| Sep 30, 2024 | 351.64 |
| Jun 30, 2024 | -1,282.26 |
| Mar 31, 2024 | 670.53 |
| Dec 31, 2023 | 181.44 |
| Sep 30, 2023 | 289.80 |
| Jun 30, 2023 | 179.20 |
| Mar 31, 2023 | 230.32 |
| Dec 31, 2022 | 270.49 |
| Sep 30, 2022 | 343.39 |
| Jun 30, 2022 | -288.90 |
| Mar 31, 2022 | -134.98 |
| Dec 31, 2021 | -121.25 |
| Sep 30, 2021 | -142.23 |