Stocktoria
Coinbase Global, Inc. COIN
Nasdaq · XNAS · stock · Finance Services · website · IPO 2021-04-15
Chart by TradingView
5/9
Piotroski F — financial health
4.64
Altman Z″ — distress risk · safe
—
Dividend payout · no dividend
Valuation · market cap as of 2026-06-29
Market cap$39.3B
P / E31.2×
P / S5.5×
P / B2.7×
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $7.2B | $6.6B | $3.1B | $3.2B | $7.8B |
| Operating income | $1.4B | $2.3B | -$161.7M | -$2.7B | $3.1B |
| Net income | $1.3B | $2.6B | $94.9M | -$2.6B | $3.6B |
| Operating cash flow | $2.4B | $3.1B | $673.4M | -$1.6B | $4.0B |
| Free cash flow | — | — | — | -$1.6B | $4.0B |
| Total assets | $29.7B | $22.5B | $14.8B | $89.7B | $21.3B |
| Total liabilities | $14.9B | $12.3B | $8.5B | $84.3B | $14.9B |
| Shareholders' equity | $14.8B | $10.3B | $6.3B | $5.5B | $6.4B |
| Ratios | |||||
| Operating margin | 20.0% | 35.1% | -5.2% | -84.8% | 39.2% |
| Net margin | 17.6% | 39.3% | 3.1% | -82.2% | 46.2% |
| FCF margin | — | — | — | -49.7% | 51.5% |
| Return on assets | 4.2% | 11.4% | 0.6% | -2.9% | 17.0% |
| Return on equity | 8.5% | 25.1% | 1.5% | -48.1% | 56.8% |
| Debt / equity | 0.40× | 0.41× | 0.47× | 0.62× | 0.53× |
| Current ratio | 2.34 | 2.28 | 2.07 | 1.07 | 1.61 |
| Revenue growth | 9.4% | 111.2% | -2.7% | -59.3% | 513.7% |
Notable holders (13F)
| Investor | Shares | Value |
|---|---|---|
| ARK Investment Management LLC | 2,372,884 | $414.3M |
| Point72 Asset Management, L.P. | 230,900 | $40.3M |
Why these scores methodology →
Piotroski F-score: 5/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: 4.64 (safe)
- Working capital / assets 0.394
- Retained earnings / assets 0.21
- EBIT / assets 0.048
- Equity / liabilities 0.994
Sector peers
IX · MUFG · MFG · NMR · UNH · CI · all Finance, Insurance & Real Estate →
Source: SEC EDGAR filings · CIK 0001679788 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.