Coupang (CPNG) FCF Margin (2020 - 2026)
Coupang's FCF Margin came in at 0.56% for Q2 2026, down 2.32 percentage points from 2.89% a year earlier but up 1.88 percentage points from the prior quarter.
Coupang (CPNG) FCF Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Coupang reported FCF Margin of 0.28%, down 2.13 percentage points year-over-year; for FY2025, it came in at 1.51%, down 1.82 percentage points from FY2024.
- FCF Margin carries a five-year change of +3.04 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 3.33% in FY2024 (-3.87 pp), 7.20% in FY2023 (+8.46 pp), -1.26% in FY2022 (+4.64 pp) and -5.89% in FY2021 (-4.37 pp).
- The five-year range for quarterly FCF Margin is -7.32% (Q4 2021) to 8.62% (Q4 2022).
- Year-over-year, FCF Margin has declined for three consecutive quarters, with an average year-over-year change of -2.70 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2022 (a gain of 15.94 percentage points), and the weakest in Q3 2024 (a drop of 9.19 percentage points).
- Business Quant data shows CPNG's FCF Margin at -1.32% (Q1 2026), -3.15% (Q4 2025) and 4.74% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | -4.40% |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | 9.42% |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | 11.39% |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | 12.01% |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | 9.97% |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | 14.29% |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | 2.54% |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | 9.17% |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | 9.43% |
| 10 | Coupang | 28.37 Bn | 2.41 Bn | 2.49 Bn | 0.56% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.56% |
| Mar 31, 2026 | -1.32% |
| Dec 31, 2025 | -3.15% |
| Sep 30, 2025 | 4.74% |
| Jun 30, 2025 | 2.89% |
| Mar 31, 2025 | 1.45% |
| Dec 31, 2024 | 5.80% |
| Sep 30, 2024 | -0.58% |
| Jun 30, 2024 | 6.64% |
| Mar 31, 2024 | 1.48% |
| Dec 31, 2023 | 5.72% |
| Sep 30, 2023 | 8.60% |
| Jun 30, 2023 | 7.59% |
| Mar 31, 2023 | 7.00% |
| Dec 31, 2022 | 8.62% |
| Sep 30, 2022 | -4.42% |
| Jun 30, 2022 | -3.95% |
| Mar 31, 2022 | -5.74% |
| Dec 31, 2021 | -7.32% |
| Sep 30, 2021 | -5.28% |
Coupang FCF 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=fcf-margin&ticker=CPNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();