Coinbase Global vs Circle Internet
COIN and CRCL side by side, both in finance services. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How COIN and CRCL compare
Coinbase Global is the larger company, worth 2.1 times as much as Circle Internet ($37.9B against $18.4B).
Circle Internet grew revenue faster over the last twelve months (37.2% versus −26.6% for Coinbase Global).
Circle Internet keeps more of each dollar of sales as profit, with a net margin of 15.5% compared with −12.5% at Coinbase Global.
Circle Internet scores higher on the StockData Score (10 against 6 for Coinbase Global), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | COIN | CRCL |
|---|---|---|
| Size and price | ||
| Market cap | $37.9B | $18.4B |
| Share price | $143.54 | $72.54 |
| Change, 1 year | −58.8% | −44.9% |
| Change, 5 years | −57.4% | – |
| Beta (5Y) | 2.81 | 1.01 |
| Employees | 4,951 | 1,100 |
| StockData Score | ||
| Total score | 6 | 10 (better) |
| Valuation score | 0 | 0 |
| Growth score | 1 | 2 (better) |
| Performance score | 3 | 3 |
| Health score | 2 | 5 (better) |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/S | 6.7× | 6.3× (better) |
| P/B | 2.7× (better) | 5.2× |
| EV/EBITDA | 76.8× | 52.0× (better) |
| P/FCF | – | 24.2× |
| FCF yield | – | 4.1% |
| Fair value | $62.78 | $17.34 |
| Margin of safety | −129% (better) | −318% |
| Growth | ||
| Revenue growth (TTM) | −26.6% | 37.2% (better) |
| Revenue growth, 5Y average | 41.2% | – |
| Net income growth (TTM) | −122% | – |
| EPS growth (TTM) | −122% | – |
| EPS growth, 5Y average | 26.0% | – |
| Profitability | ||
| Operating margin | 3.6% | 7.4% (better) |
| Net margin | −12.5% | 15.5% (better) |
| FCF margin | – | 26.2% |
| Return on equity | −4.7% | 15.4% (better) |
| Return on invested capital | 1.4% | 14.2% (better) |
| Financial health | ||
| Debt / equity | 0.48 (better) | 0.00 |
| Net debt / EBITDA | −4.57 | – |
| Interest coverage | 2.3× | 332× (better) |
| Current ratio | 2.42 (better) | 1.03 |
| Altman Z-score | 2.69 (better) | 0.22 |
| Piotroski F-score | 4 | 5 (better) |
| Dividends and buybacks | ||
| Buyback yield | 5.4% | – |
| Shareholder yield | 5.4% (better) | 0.00% |
| Ownership | ||
| Held by institutions | 55.3% | 52.2% |
| Held by insiders | 16.2% | 23.8% |
| Insider net buying, 12 months | −$323M | −$319M (better) |
| Superinvestors holding | 1 | – |
| Short interest, % of float | 11.0% | 14.2% |
Go deeper
- COIN stock overview
- COIN income statement
- COIN valuation and score
- CRCL stock overview
- CRCL income statement
- CRCL valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.