Coinbase Global, Inc. Class A Common Stock logo

Coinbase Global, Inc. Class A Common Stock (COIN)

Common Stock · Currency in USD · XNAS

Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.

Company Info

SIC6199
Composite FIGIBBG00ZGF7771
CIK0001679788
IPOApr 14, 2021
Sectorfinance services

Highlights

Market Cap$45.28B
EPS$6.60
P/E Ratio26.17
Revenue$6.73B
Gross Profit$7.47B
Net Income$1.73B
Employees4,951
WSO264,075,169
Phone(302) 636-5401

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Coinbase Global, Inc. Class A Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Coinbase Global, Inc. Class A Common Stock (COIN) has returned -25.64% so far this year and 17.40% over the past 12 months. Looking at the last ten years, COIN has achieved an annualized return of -7.67%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

COIN

1M-12.48%
6M-56.07%
YTD-25.64%
1Y17.40%
5Y-14.76%
10Y-7.67%

Benchmark (SPY)

1M-3.79%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Coinbase Global, Inc. Class A Common Stock (COIN) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
2026-15.55%-7.35%1.23%-4.21%
202513.59%-21.01%-25.84%17.40%18.31%41.64%11.11%-9.13%12.51%0.15%-19.96%-13.20%
2024-25.91%58.10%30.79%-22.13%13.53%-4.42%-0.73%-19.08%-2.10%0.30%64.56%-17.79%
202360.26%9.73%3.48%-18.51%16.98%15.78%34.71%-16.98%-6.15%-1.82%61.10%37.61%
2022-25.80%-3.64%-3.27%-40.64%-30.93%-39.33%31.19%9.17%-1.62%2.00%-33.72%-22.76%
2021-21.88%-22.19%6.20%-5.78%9.15%-12.61%37.16%-3.01%-20.79%

Performance Indicators

The charts below present risk-adjusted performance metrics for Coinbase Global, Inc. Class A Common Stock (COIN) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00COIN: 0.34SPY: 0.92

Sortino ratio

-6.00-4.00-2.000.002.004.00COIN: 0.56SPY: 1.40

Omega ratio

0.501.001.502.00COIN: 1.06SPY: 1.22

Calmar ratio

0.002.004.006.00COIN: 0.01SPY: 1.20

Martin ratio

0.001.003.00COIN: 0.05SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of COIN compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Coinbase Global, Inc. Class A Common Stock volatility is 3.83%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

20252024202320222021
Liabilities And Equity (USD)29.67B22.54B206.98B89.72B21.27B
Temporary Equity Attributable To Parent (USD)-----
Temporary Equity (USD)-----
Equity Attributable To Parent (USD)14.79B10.28B6.28B5.45B6.38B
Equity Attributable To Noncontrolling Interest (USD)-----
Equity (USD)14.79B10.28B6.28B5.45B6.38B
Other Non-current Liabilities (USD)-89.71M7.22M61.58M-
Long-term Debt (USD)7.21B4.23B2.98B3.39B-
Noncurrent Liabilities (USD)6.18B4.32B2.99B3.46B3.47B
Other Current Liabilities (USD)8.40B7.69B197.45B80.67B11.23B
Wages (USD)186.93M186.15M224.24M90.26M146.31M
Accounts Payable (USD)117.61M63.32M39.29M56.04M39.83M
Current Liabilities (USD)8.70B7.94B197.71B80.82B11.42B
Liabilities (USD)14.88B12.27B200.70B84.27B14.89B
Other Non-current Assets (USD)7.62B4.18B3.24B2.97B1.68B
Intangible Assets (USD)1.40B46.80M86.42M135.43M1.16B
Fixed Assets (USD)264.57M200.08M192.55M171.85M59.23M
Noncurrent Assets (USD)9.28B4.43B3.52B3.28B2.90B
Other Current Assets (USD)20.29B18.02B203.39B86.35B18.25B
Prepaid Expenses (USD)94.89M88.50M79.55M98.20M123.25M
Current Assets (USD)20.39B18.11B203.47B86.45B18.37B
Assets (USD)29.67B22.54B206.98B89.72B21.27B

News and Insights

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Put Bitcoin Down On Your Next Home—Fannie Mae Now Takes Crypto

Fannie Mae has partnered with Better Home & Finance and Coinbase to allow borrowers to use Bitcoin or USDC as collateral for down payments on mortgages. Under the program, borrowers pledge crypto assets (held in Coinbase custody) as a second lien at a 40% loan-to-value ratio, avoiding capital gains taxes while unlocking home purchase value. This targets asset-rich, cash-poor younger households and represents a milestone in treating digital assets as acceptable support for conforming loans.

Benzinga faviconBenzingaErica Kollmann
Bitwise Announces Monthly Distributions for IMST, ICOI, IMRA, IGME, ICRC, and IETH

Bitwise Asset Management announced monthly distributions for its suite of six Option Income Strategy ETFs tracking COIN, CRCL, GME, MARA, MSTR, and Ethereum. The funds have net expense ratios of 0.97-0.98% and employ covered call strategies. Performance data shows mixed results with some funds experiencing significant losses since inception, ranging from -11.58% to -47.71%.

Benzinga faviconBenzingaBitwise Asset Management
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Better Home & Finance (BETR) shares rose 6.05% on Thursday following a partnership announcement with Coinbase Global (COIN) to offer token-backed mortgages. The innovative program allows Americans with crypto holdings to use Bitcoin or USDC as collateral for conforming mortgages without liquidating their assets, targeting the 52 million Americans who own digital assets.

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