Coinbase Global, Inc. (COIN) Stock

About Coinbase Global, Inc.

Coinbase Global, Inc. delivers fundamental financial infrastructure and technological solutions to the expanding cryptoeconomy, operating across both the United States and international markets. The company provides a core financial gateway for individual consumers navigating the digital asset space. For institutional clients, it manages a dynamic trading venue that ensures abundant liquidity for cryptocurrency transactions. Moreover, Coinbase supplies developers with crucial technology and services, enabling them to build innovative crypto-based applications and seamlessly integrate secure digital asset payments. Founded in 2012, the firm is headquartered in Wilmington, Delaware.

Coinbase Global, Inc. is led by CEO Brian Armstrong, employs 4,951 people, headquartered in New York City, US, publicly traded since 2021.

Coinbase Global, Inc. (COIN) stock trades at $163.36 with a market capitalization of $43.04B. The stock is valued at a price-to-earnings (P/E) ratio of 62.36, price-to-book of 3.31, price-to-sales of 7.69. Over the past 52 weeks the stock has ranged between $139.36 and $444.65, and currently trades 63.3% below its 52-week high.

On profitability, Coinbase Global, Inc. generates a return on equity (ROE) of 6.69%, return on capital employed of 9.70%, an operating margin of 0.43%, a net profit margin of 13.78%.

In its most recent fiscal year, Coinbase Global, Inc. reported annual revenue of $7.2B, net profit of $1.3B, revenue has compounded at 41.3% a year over the last five years, profit at 31.4% a year.

The balance sheet shows a debt-to-equity ratio of 0.59, a current ratio of 2.34, total assets of $29.7B, $11.3B in cash and equivalents.

COIN has an average daily trading volume of 8,578,937 shares, a beta of 3.32 (more volatile than the overall market).

Official website: www.coinbase.com