Coinbase Global, Inc.
$43.24B- Market cap
- $47.18B
- Debt
- +$7.66B
- Cash
- −$11.60B
Capital structure 86% equity / 14% debt · EV / Revenue 6.02x · EV / EBITDA 25.28x
Quick read
Fair value engine
Each company valued on the other's multiple, then compared with the market price.
COIN · price snapshotP/E 40.19x
$178.85Snapshot Sep 8, 2026, 3:50 PM ET
Implied fair value · at HOOD's multiple
—
Needs HOOD P/E.
HOOD · price snapshot
—Price unavailable
Implied fair value · at COIN's multiple
$82.39
2.05 HOOD Annual EPS×40.19x COIN P/E=$82.39
Metric by metric
Smart diff
Where each company leads, and how wide the gap is.
6 metrics shown
MetricCOINHOODDifference (COIN − HOOD)
Revenue growth (YoY)
Growth lag
9.4%
51.6%
HOOD: higher Revenue growth (YoY) by 42.2 percentage points
Gross margin
Pricing power
N/M
N/M
Insufficient data
EBITDA margin
Operating leverage
23.8%
49.7%
HOOD: higher EBITDA margin by 25.9 percentage points
EV/Revenue
Lower is better
6.02x
N/M
Insufficient data
P/E
Not comparable
40.19x
N/M
Not comparable
Net debt / EBITDA
Lower leverage
-2.3
4.9
COIN: lower Net debt / EBITDA by 7.2
Statements
Side-by-side financials
Core statements aligned to each company's latest fiscal year.
Income statement · USDCOIN · FY 2025HOOD · FY 2025Delta
Revenue$7.18B$4.47B+$2.71B
Gross profit———
Operating income$1.44B——
EBITDA$1.71B$2.23B−$514.51M
Net income$1.26B$1.88B−$622.67M
EPS4.52.0+2.4
Revenue growth9.4%51.6%−42.2 pp
Gross margin———
Operating margin20.0%——
EBITDA margin23.8%49.7%−25.9 pp
Net margin17.6%42.1%−24.5 pp
SEC periods: COIN FY 2025 (ended Dec 31, 2025) · HOOD FY 2025 (ended Dec 31, 2025).
Trendline
Historical trends
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
COINHOOD
Price framework
Enterprise value
Market cap plus debt, less cash.
Robinhood Markets, Inc.
Price framework
Intrinsic value (DCF)
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Coinbase Global, Inc. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Robinhood Markets, Inc. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Solvency
Financial health checks to separate durable balance sheets from potential value traps.
Piotroski F-Score
Financial strength on a 0–9 scale.
4/ 9 · COINModerate
3/ 9 · HOODWeak
Altman Z-Score
Bankruptcy-risk signal from balance sheet and earnings power.
3.07
Comparable set
Relative positioning
Where the pair sits against the wider comparable set.
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