Coinbase Global Inc (COIN)
294.41
-25.60
(-8.00%)
USD |
NASDAQ |
Nov 21, 16:00
298.24
+3.83
(+1.30%)
After-Hours: 19:20
Coinbase Global Gross Profit Margin (Quarterly): 71.00% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 71.00% |
| June 30, 2024 | 74.99% |
| March 31, 2024 | 76.16% |
| December 31, 2023 | 71.13% |
| September 30, 2023 | 61.01% |
| June 30, 2023 | 61.83% |
| March 31, 2023 | 67.03% |
| December 31, 2022 | 54.54% |
| September 30, 2022 | 51.73% |
| June 30, 2022 | 79.32% |
| Date | Value |
|---|---|
| March 31, 2022 | 76.18% |
| December 31, 2021 | 61.10% |
| September 30, 2021 | 84.96% |
| June 30, 2021 | 84.94% |
| March 31, 2021 | 87.00% |
| December 31, 2020 | 91.46% |
| September 30, 2020 | 88.34% |
| June 30, 2020 | 87.45% |
| March 31, 2020 | 86.67% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
51.73%
Minimum
Sep 2022
91.46%
Maximum
Dec 2020
74.57%
Average
76.16%
Median
Mar 2024
Gross Profit Margin (Quarterly) Benchmarks
| Riot Platforms Inc | 13.98% |
| BlackRock Inc | 48.07% |
| MARA Holdings Inc | -50.91% |
| Cleanspark Inc | 40.13% |
| Robinhood Markets Inc | 81.00% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 20.89% |
| Return on Assets | 0.62% |
| Return on Invested Capital | 13.91% |
| Profit Margin (Quarterly) | 6.26% |
| Operating Margin (Quarterly) | 13.78% |
| Return on Net Operating Assets | 39.73% |