Coinbase Global Inc (COIN)
223.58
-0.79
(-0.35%)
USD |
NASDAQ |
Apr 25, 16:00
226.70
+3.12
(+1.40%)
After-Hours: 20:00
Coinbase Global Gross Profit Margin (Quarterly): 86.84% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 86.84% |
| September 30, 2023 | 86.56% |
| June 30, 2023 | 84.72% |
| March 31, 2023 | 87.53% |
| December 31, 2022 | 86.81% |
| September 30, 2022 | 82.74% |
| June 30, 2022 | 79.32% |
| March 31, 2022 | 76.18% |
| Date | Value |
|---|---|
| December 31, 2021 | 79.94% |
| 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
76.18%
Minimum
Mar 2022
91.46%
Maximum
Dec 2020
85.09%
Average
86.62%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Riot Platforms Inc | 19.47% |
| CME Group Inc | 85.21% |
| Marathon Digital Holdings Inc | 6.83% |
| Cleanspark Inc | 40.07% |
| Hut 8 Corp | 46.96% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 1.63% |
| Return on Assets | 0.07% |
| Return on Invested Capital | 1.05% |
| Profit Margin (Quarterly) | 28.67% |
| Operating Margin (Quarterly) | 7.60% |
| Return on Net Operating Assets | 4.69% |