# Coinbase Global Inc. (COIN) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $184.64, market value $48.7 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Coinbase Global Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 7.8×**. Each dollar of revenue is priced at 7.8×.
- **Price / book: 3.7×**. The shares trade at 3.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 51.1×**. Enterprise value is 51.1× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.

## Profitability
- **Operating margin: 9.9%**. 9.9% of revenue is left after running the business.
- **Net margin: 17.6%**. 17.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 8.5%**. 8.5% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 4.6%**. Return on all capital, debt included, is 4.6%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -3.3%**. Each dollar of assets produces -3.3% of profit.

## Growth
- **Revenue growth (1 yr): 9.4%** (3-yr 31.0%/yr, 5-yr 41.2%/yr). Revenue grew 9.4% over the last year, against 41.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -53.1%** (5-yr 26.0%/yr). Earnings per share fell 53.1%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.49**. Debt is 0.49 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Coinbase Global Inc. holds more cash than debt.
- **Altman Z-score: 3.06**. A Z-score of 3.06 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Coinbase Global Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (29 analysts). 29 analysts cover Coinbase Global Inc.; the consensus is buy, with an average price target of $197.59 (+7% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -39.8%** (YTD -18.4%, 3-mo 21.2%). The shares are down 39.8% over twelve months including dividends.
- **From 52-week high: -54.1%** (32.7% above the low). Trading 54% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): 2.97** (volatility 71%). Beta of 2.97 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=COIN · Page: https://foliofundamentals.com/stocks/coin

Not investment advice.