Coinbase vs Moody's
Coinbase and Moody's are similar in size: $7.18bn and $7.72bn of revenue in their latest fiscal years. Coinbase grew faster (9.4% against 8.9%). Moody's kept more of each dollar of sales as profit: a net margin of 31.9% against 17.6%.
| Latest fiscal year | CoinbaseCOIN, 2025 | Moody'sMCO, 2025 |
|---|---|---|
| Revenue | $7.18bn | $7.72bn |
| Revenue growth | 9.4% | 8.9% |
| Net income | $1.26bn | $2.46bn |
| Operating margin | 20.0% | — |
| Net margin | 17.6% | 31.9% |
| Return on equity | 10.1% | 64.5% |
| Free cash flow | $2.43bn | $2.58bn |
| Cash | $11.29bn | $2.38bn |
| Total debt | $7.66bn | $6.99bn |
| Debt to equity | 51.8% | — |
| Dividend per share | — | $3.76 |
| Dividend yield | — | 0.8% |
| Share buybacks | $790m | $1.61bn |
| Employees | 4,951 | — |
| Market value | $36.49bn | $87.69bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 32 (Weak) | 90 (Strong) |
| Insider trades, 12 months | 0 buys, 256 sales | 0 buys, 37 sales |