Coinbase Global, Inc.(COIN) Stock Research - Grey Stern Research
Loading...

Coinbase Global, Inc. (COIN) Stock Analysis

$242.93 (4.93%)

COIN Financial Performance


Use the table below to view Coinbase Global, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q1 - 2024

Metric Value Ranking among Peers
Price $231.52 -
52 Week Low $69.63 -
52 Week High $283.48 -
Market Cap $56.9 Billion 5/8
Gross Margin 76% 2/8
Profit Margin 72% 1/8
EBITDA margin 49% 5/8
Q1 - 2024 Revenue $1.6 Billion 5/8
Q1 - 2024 Earnings $1.2 Billion 1/8
Q1 - 2024 Free Cash Flow $411.5 Billion 6/8
Trailing 4 Quarters Revenue $4.0 Billion 6/8
Trailing 4 Quarters Earnings $1.4 Billion 5/8
Quarterly Earnings Growth 1591% 1/8
Annual Earnings Growth 177% 1/8
Quarterly Revenue Growth 112% 1/8
Annual Revenue Growth 49% 1/8
Cash On Hand $6.6 Billion 1/8
Short Term Debt $8.8 Million 8/8
Long Term Debt $4.2 Billion 6/8

Coinbase Global, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Coinbase Global, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 42.17 3/8
PS 14.33 2/8
PB 7.05 3/8
PC 8.64 8/8
Liabilities to Equity 42.12 1/8
ROA 0.00 8/8
ROE 0.17 3/8
Current Ratio 1.02 7/8
Quick Ratio 0.02 5/8
Long Term Debt to Equity 0.52 5/8
Debt to Equity 0.52 5/8
Burn Rate -6.55 5/8
Cash to Cap 0.12 1/8
CCR 0.35 8/8
EV to EBITDA 68.15 8/8
EV to Revenue 13.73 2/8

Company Details

Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company offers the primary financial account in the cryptoeconomy for retailers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware.

CEO: Mr. Brian Armstrong

Website: https://www.coinbase.com

Address: 1209 Orange Street Wilmington Wilmington, DE

Exchange: NASDAQ Global Select

Industry: Software—Application

Coinbase Global, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Coinbase Global, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
MSCI Inc. MSCI $42.5 Billion
Intercontinental Exchange, Inc. ICE $86.6 Billion
CME Group Inc. CME $72.2 Billion
Moody's Corporation MCO $81.7 Billion
S&P Global Inc. SPGI $153.3 Billion
FactSet Research Systems Inc. FDS $15.8 Billion
Nasdaq, Inc. NDAQ $38.6 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
COIN Income Statements
Quarter Year Revenue Earnings
Q1 2024 $ 1.6 Billion $1.2 Billion
Q4 2023 $ 953.8 Million $273.4 Million
Q3 2023 $ 674.1 Million -$2.3 Million
Q2 2023 $ 707.9 Million -$97.4 Million
Q1 2023 $ 772.5 Million -$78.9 Million
Q4 2022 $ 629.1 Million -$557.0 Million
Q3 2022 $ 590.3 Million -$544.6 Million
Q1 2022 $ 1.2 Billion -$429.7 Million

View All

COIN Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q1 2024 $6.6 Billion $348.0 Billion $4.2 Billion $8.1 Billion
Q4 2023 $5.1 Billion $207.0 Billion $3.1 Billion $6.3 Billion
Q3 2023 $5.1 Billion $127.3 Billion $3.2 Billion $5.9 Billion
Q2 2023 $5.2 Billion $137.7 Billion $3.4 Billion $5.8 Billion
Q1 2023 $5.0 Billion $139.3 Billion $3.4 Billion $5.7 Billion
Q4 2022 $4.4 Billion $89.7 Billion $3.5 Billion $5.5 Billion
Q3 2022 $5.0 Billion $111.2 Billion $3.7 Billion $5.6 Billion
Q1 2022 $6.1 Billion $20.9 Billion $3.9 Billion $6.5 Billion

View All

COIN Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q1 2024 $411.5 Million $0 $2.2 Billion
Q4 2023 $47.0 Million $52.2 Million $1.0 Billion
Q3 2023 $292.7 Million -$21.2 Million -$373.3 Million
Q2 2023 $135.4 Million -$15.7 Million -$1.5 Billion
Q1 2023 $447.8 Million -$15.2 Million $908.5 Million
Q4 2022 $3.2 Billion -$12.4 Million -$2.2 Billion
Q3 2022 -$4.9 Billion -$51.6 Million -$1.3 Billion
Q1 2022 -$840.4 Million -$10.3 Million -$1.5 Billion

View All