COINBASE GLOBAL INC -CLASS A (COIN) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:COIN • US19260Q1076

168.62 USD
-11.04 (-6.14%)
At close: Feb 4, 2026
167.28 USD
-1.34 (-0.79%)
After Hours: 2/4/2026, 6:28:05 PM
Fundamental Rating

5

Overall COIN gets a fundamental rating of 5 out of 10. We evaluated COIN against 238 industry peers in the Capital Markets industry. COIN has only an average score on both its financial health and profitability. COIN is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year COIN was profitable.
  • COIN had a positive operating cash flow in the past year.
  • COIN had positive earnings in 4 of the past 5 years.
  • COIN had a positive operating cash flow in 4 of the past 5 years.
COIN Yearly Net Income VS EBIT VS OCF VS FCFCOIN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B 10B

1.2 Ratios

  • The Return On Assets of COIN (10.26%) is better than 84.45% of its industry peers.
  • Looking at the Return On Equity, with a value of 20.08%, COIN belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
  • The Return On Invested Capital of COIN (8.58%) is better than 83.61% of its industry peers.
Industry RankSector Rank
ROA 10.26%
ROE 20.08%
ROIC 8.58%
ROA(3y)3.05%
ROA(5y)5.27%
ROE(3y)-7.18%
ROE(5y)7.36%
ROIC(3y)N/A
ROIC(5y)N/A
COIN Yearly ROA, ROE, ROICCOIN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

1.3 Margins

  • The Profit Margin of COIN (41.93%) is better than 86.97% of its industry peers.
  • COIN's Profit Margin has been stable in the last couple of years.
  • The Operating Margin of COIN (28.28%) is comparable to the rest of the industry.
  • COIN's Operating Margin has declined in the last couple of years.
  • COIN's Gross Margin of 85.42% is amongst the best of the industry. COIN outperforms 89.92% of its industry peers.
  • COIN's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 28.28%
PM (TTM) 41.93%
GM 85.42%
OM growth 3Y-5.9%
OM growth 5YN/A
PM growth 3Y-1.18%
PM growth 5YN/A
GM growth 3Y0.98%
GM growth 5Y0.4%
COIN Yearly Profit, Operating, Gross MarginsCOIN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 50 -50

More info and screens

5

2. Health

2.1 Basic Checks

  • The number of shares outstanding for COIN has been increased compared to 1 year ago.
  • Compared to 5 years ago, COIN has more shares outstanding
  • The debt/assets ratio for COIN has been reduced compared to a year ago.
COIN Yearly Shares OutstandingCOIN Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
COIN Yearly Total Debt VS Total AssetsCOIN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B

2.2 Solvency

  • An Altman-Z score of 3.17 indicates that COIN is not in any danger for bankruptcy at the moment.
  • COIN has a Altman-Z score of 3.17. This is in the better half of the industry: COIN outperforms 77.31% of its industry peers.
  • A Debt/Equity ratio of 0.37 indicates that COIN is not too dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.37, COIN is doing good in the industry, outperforming 68.91% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF N/A
Altman-Z 3.17
ROIC/WACCN/A
WACCN/A
COIN Yearly LT Debt VS Equity VS FCFCOIN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B 10B

2.3 Liquidity

  • COIN has a Current Ratio of 2.40. This indicates that COIN is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 2.40, COIN is in the better half of the industry, outperforming 78.15% of the companies in the same industry.
  • COIN has a Quick Ratio of 2.40. This indicates that COIN is financially healthy and has no problem in meeting its short term obligations.
  • COIN's Quick ratio of 2.40 is fine compared to the rest of the industry. COIN outperforms 78.15% of its industry peers.
Industry RankSector Rank
Current Ratio 2.4
Quick Ratio 2.4
COIN Yearly Current Assets VS Current LiabilitesCOIN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B

More info and screens

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 132.13% over the past year.
  • The earnings per share for COIN have been decreasing by -14.20% on average. This is quite bad
  • The Revenue has grown by 46.24% in the past year. This is a very strong growth!
  • COIN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 65.18% yearly.
EPS 1Y (TTM)132.13%
EPS 3Y-14.2%
EPS 5YN/A
EPS Q2Q%435.71%
Revenue 1Y (TTM)46.24%
Revenue growth 3Y-5.75%
Revenue growth 5Y65.18%
Sales Q2Q%55.05%

3.2 Future

  • Based on estimates for the next years, COIN will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.65% on average per year.
  • COIN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.34% yearly.
EPS Next Y8.23%
EPS Next 2Y-2.86%
EPS Next 3Y3.23%
EPS Next 5Y8.65%
Revenue Next Year20.91%
Revenue Next 2Y17.84%
Revenue Next 3Y15.13%
Revenue Next 5Y7.34%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
COIN Yearly Revenue VS EstimatesCOIN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 5B 10B 15B
COIN Yearly EPS VS EstimatesCOIN Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 5 -5 10 -10 15

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 20.12, COIN is valued on the expensive side.
  • Based on the Price/Earnings ratio, COIN is valued a bit more expensive than 63.45% of the companies in the same industry.
  • COIN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.25.
  • A Price/Forward Earnings ratio of 24.65 indicates a rather expensive valuation of COIN.
  • Based on the Price/Forward Earnings ratio, COIN is valued a bit more expensive than 65.55% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.50, COIN is valued at the same level.
Industry RankSector Rank
PE 20.12
Fwd PE 24.65
COIN Price Earnings VS Forward Price EarningsCOIN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, COIN is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 16.12
COIN Per share dataCOIN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates COIN does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of COIN may justify a higher PE ratio.
PEG (NY)2.45
PEG (5Y)N/A
EPS Next 2Y-2.86%
EPS Next 3Y3.23%

More info and screens

0

5. Dividend

5.1 Amount

  • COIN does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

COINBASE GLOBAL INC -CLASS A

NASDAQ:COIN (2/4/2026, 6:28:05 PM)

After market: 167.28 -1.34 (-0.79%)

168.62

-11.04 (-6.14%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)10-30
Earnings (Next)02-12
Inst Owners66.36%
Inst Owner Change-1.69%
Ins Owners0.96%
Ins Owner Change15.31%
Market Cap45.47B
Revenue(TTM)7.67B
Net Income(TTM)3.22B
Analysts76.67
Price Target367.44 (117.91%)
Short Float %7.46%
Short Ratio1.89
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)46.02%
Min EPS beat(2)39.07%
Max EPS beat(2)52.97%
EPS beat(4)3
Avg EPS beat(4)39.39%
Min EPS beat(4)-88.16%
Max EPS beat(4)153.68%
EPS beat(8)5
Avg EPS beat(8)1651.56%
EPS beat(12)9
Avg EPS beat(12)1118.97%
EPS beat(16)11
Avg EPS beat(16)754.15%
Revenue beat(2)1
Avg Revenue beat(2)-3.13%
Min Revenue beat(2)-8.15%
Max Revenue beat(2)1.89%
Revenue beat(4)2
Avg Revenue beat(4)1.83%
Min Revenue beat(4)-8.15%
Max Revenue beat(4)18.69%
Revenue beat(8)5
Avg Revenue beat(8)4.4%
Revenue beat(12)9
Avg Revenue beat(12)5.5%
Revenue beat(16)10
Avg Revenue beat(16)3.33%
PT rev (1m)-4.41%
PT rev (3m)-6.74%
EPS NQ rev (1m)-42.25%
EPS NQ rev (3m)-52.06%
EPS NY rev (1m)-3.29%
EPS NY rev (3m)-5.98%
Revenue NQ rev (1m)-3.41%
Revenue NQ rev (3m)0.42%
Revenue NY rev (1m)-1.02%
Revenue NY rev (3m)-0.36%
Valuation
Industry RankSector Rank
PE 20.12
Fwd PE 24.65
P/S 5.93
P/FCF N/A
P/OCF 139.54
P/B 2.84
P/tB 4.29
EV/EBITDA 16.12
EPS(TTM)8.38
EY4.97%
EPS(NY)6.84
Fwd EY4.06%
FCF(TTM)-1.24
FCFYN/A
OCF(TTM)1.21
OCFY0.72%
SpS28.45
BVpS59.42
TBVpS39.31
PEG (NY)2.45
PEG (5Y)N/A
Graham Number105.85
Profitability
Industry RankSector Rank
ROA 10.26%
ROE 20.08%
ROCE 9.79%
ROIC 8.58%
ROICexc 21.87%
ROICexgc 58.08%
OM 28.28%
PM (TTM) 41.93%
GM 85.42%
FCFM N/A
ROA(3y)3.05%
ROA(5y)5.27%
ROE(3y)-7.18%
ROE(5y)7.36%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-34.86%
ROICexgc growth 5YN/A
ROICexc growth 3Y-31.98%
ROICexc growth 5YN/A
OM growth 3Y-5.9%
OM growth 5YN/A
PM growth 3Y-1.18%
PM growth 5YN/A
GM growth 3Y0.98%
GM growth 5Y0.4%
F-Score5
Asset Turnover0.24
Health
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF N/A
Debt/EBITDA 2.56
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 250
Cash Conversion 14.05%
Profit Quality N/A
Current Ratio 2.4
Quick Ratio 2.4
Altman-Z 3.17
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)132.13%
EPS 3Y-14.2%
EPS 5YN/A
EPS Q2Q%435.71%
EPS Next Y8.23%
EPS Next 2Y-2.86%
EPS Next 3Y3.23%
EPS Next 5Y8.65%
Revenue 1Y (TTM)46.24%
Revenue growth 3Y-5.75%
Revenue growth 5Y65.18%
Sales Q2Q%55.05%
Revenue Next Year20.91%
Revenue Next 2Y17.84%
Revenue Next 3Y15.13%
Revenue Next 5Y7.34%
EBIT growth 1Y68.16%
EBIT growth 3Y-11.31%
EBIT growth 5YN/A
EBIT Next Year66.15%
EBIT Next 3Y30.53%
EBIT Next 5Y7.85%
FCF growth 1Y-108.5%
FCF growth 3Y-30.62%
FCF growth 5YN/A
OCF growth 1Y-92.17%
OCF growth 3Y-38%
OCF growth 5YN/A

COINBASE GLOBAL INC -CLASS A / COIN FAQ

What is the ChartMill fundamental rating of COINBASE GLOBAL INC -CLASS A (COIN) stock?

ChartMill assigns a fundamental rating of 5 / 10 to COIN.


What is the valuation status of COINBASE GLOBAL INC -CLASS A (COIN) stock?

ChartMill assigns a valuation rating of 2 / 10 to COINBASE GLOBAL INC -CLASS A (COIN). This can be considered as Overvalued.


How profitable is COINBASE GLOBAL INC -CLASS A (COIN) stock?

COINBASE GLOBAL INC -CLASS A (COIN) has a profitability rating of 6 / 10.


What are the PE and PB ratios of COINBASE GLOBAL INC -CLASS A (COIN) stock?

The Price/Earnings (PE) ratio for COINBASE GLOBAL INC -CLASS A (COIN) is 20.12 and the Price/Book (PB) ratio is 2.84.


Can you provide the expected EPS growth for COIN stock?

The Earnings per Share (EPS) of COINBASE GLOBAL INC -CLASS A (COIN) is expected to grow by 8.23% in the next year.