How Coinbase Global, Inc. stacks up

COIN · against 161 other Financial Services companies listed in US-listed

Profitability

14/ 100

Near the bottom of its peers.

Ranked #144 of 162 · scores higher than 11% of peers

Bars: peers in each 10-point band of the profitability score

17 peers with a profitability score of 10–19, including COIN · Click a bar to see the companies

Why profitability scores 14?

Weighted metrics compared with all Financial Services companies.

Mainly because of its return on assets, operating margin and return on invested capital, which are weaker than most Financial Services peers.

a lower return on assets: weaker than 94% of peers. Return on assets: -3.6% vs peer median 2.6%
a thinner operating margin: weaker than 73% of peers. Operating margin: 9.9% vs peer median 23.5%
a lower return on invested capital: weaker than 61% of peers. Return on invested capital: 4.5% vs peer median 6.3%

Metric by metric

Position: dot = COIN, ranked from the worst peer (left) to the best (right); tick = middle, shaded = middle half of peers.

Metric	COIN	Peer median	Better than	Weight
Return on invested capitalHigher is better · 157 reported	4.5%	7.1%	31%	33%
Operating marginHigher is better · 84 reported	9.9%	23.1%	27%	33%
Return on assetsHigher is better · 183 reported	-3.6%	2.6%	4%	33%
Return on equityHigher is better · 176 reported	-7.8%	10.4%	7%	Context only
Gross marginHigher is better · 200 reported	85.8%	83.0%	52%	Context only

Ranking by profitability score

Top 5 and the companies ranked around COIN

Rank	Company	Market cap	Profitability	Overall
1	Mastercard IncorporatedMA · US-listed	566.9B USD	99	48
2	Artisan Partners Asset Management Inc.APAM · US-listed	2.7B USD	98	63
2	Raymond James Financial, Inc.RJF · US-listed	31.1B USD	98	65
4	CorVel CorporationCRVL · US-listed	4.2B USD	97	55
4	Sprott Inc.SII · US-listed	2.7B USD	97	58
⋯
140	Credit Acceptance CorporationCACC · US-listed	4.9B USD	16	18
140	Royce Micro-Cap Trust, Inc.RMT · US-listed	708M USD	16
142	HA Sustainable Infrastructure Capital, Inc.HASI · US-listed	4.9B USD	15	38
142	Open Lending CorpLPRO · US-listed	372M USD	15	35
144	Coinbase Global, Inc.COIN · US-listed	38.4B USD	14	22
144	Kayne Anderson BDC, Inc.KBDC · US-listed	852M USD	14
146	Green Dot CorporationGDOT · US-listed	709M USD	13	32
146	BlackRock TCP Capital Corp.TCPC · US-listed	352M USD	13	62
148	Crescent Capital BDC, Inc.CCAP · US-listed	345M USD	11	21

Scores are sector-relative percentiles from the latest snapshot, always calculated against the whole sector: narrowing the comparison group changes who you compare with, not the scores. Missing metrics are left out and the remaining weights rescaled. How we score

Bringing the fundamentals into focus…