Coinbase Global price to free cash flow COIN

Market value divided by free cash flow over the last twelve months, since 2022.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 62.0×; Apr 2024
5-year median: 6.1×
5-year range: 1.7× to 69.6×
Peer median: 21.8×

Coinbase Global's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Apr 2024, at 62.0×.

On the days it had one over the last 5 years, its median was 6.1×, from 1.7× in Jul 2022 to 69.6× in Mar 2024.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2024	62.0×	7.2×	69.6×
2023	10.0×	4.9×	10.1×
2022	3.2×	1.7×	3.8×

Against its peers

Companies in Financial - Data & Stock Exchanges nearest Coinbase Global's size, closest first, today.

Company	Price to free cash flow
COINCoinbase Global	n/m
MSCIMSCI	28.0×
CBOECboe Global Markets	19.0×
NDAQNasdaq	29.4×
MCOMoody's	28.2×
ICEIntercontinental Exchange	18.0×
CMECME	26.1×
TRUTransUnion	19.8×
SPGIS&P Global	23.8×
SNEXStoneX	1.8×
BGCBGC	11.6×
Peer median	21.8×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Coinbase Global

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.