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Coinbase Global (XTER:1QZ) Net Margin % : 6.26% (As of Sep. 2024)


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What is Coinbase Global Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Coinbase Global's Net Income for the three months ended in Sep. 2024 was €68 Mil. Coinbase Global's Revenue for the three months ended in Sep. 2024 was €1,086 Mil. Therefore, Coinbase Global's net margin for the quarter that ended in Sep. 2024 was 6.26%.

The historical rank and industry rank for Coinbase Global's Net Margin % or its related term are showing as below:

XTER:1QZ' s Net Margin % Range Over the Past 10 Years
Min: -82.18   Med: 3.05   Max: 46.23
Current: 29.76


XTER:1QZ's Net Margin % is ranked better than
71.13% of 776 companies
in the Capital Markets industry
Industry Median: 14.135 vs XTER:1QZ: 29.76

Coinbase Global Net Margin % Historical Data

The historical data trend for Coinbase Global's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Coinbase Global Net Margin % Chart

Coinbase Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
-5.69 25.23 46.23 -82.18 3.05

Coinbase Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.34 28.67 71.83 2.49 6.26

Competitive Comparison of Coinbase Global's Net Margin %

For the Financial Data & Stock Exchanges subindustry, Coinbase Global's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coinbase Global's Net Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Coinbase Global's Net Margin % distribution charts can be found below:

* The bar in red indicates where Coinbase Global's Net Margin % falls into.



Coinbase Global Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Coinbase Global's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=86.997/2850.387
=3.05 %

Coinbase Global's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=68.021/1085.879
=6.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Coinbase Global  (XTER:1QZ) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Coinbase Global Net Margin % Related Terms

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Coinbase Global Business Description

Address
1209, Orange Street, c/o The Corporation Trust Company, Wilmington, DE, USA, 19801
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.

Coinbase Global Headlines

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