Coupang (CPNG) Financials

$27.47 +0.19 (+0.69%)

Closing price 03:59 PM Eastern

Extended Trading

$27.36 -0.11 (-0.42%)

As of 07:58 PM Eastern

Annual Income Statements for Coupang

This table shows Coupang's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Income / (Loss) Attributable to Common Shareholders	154	1,360	-92	-1,543	-556	-768
Consolidated Net Income / (Loss)	154	1,360	-92	-1,543	-463	-697
Net Income / (Loss) Continuing Operations	66	1,360	-92	-1,543	-463	-697
Total Pre-Tax Income	473	584	-93	-1,542	-463	-697
Total Operating Income	436	473	-112	-1,494	-516	-642
Total Gross Profit	8,831	6,190	4,710	2,951	1,986	1,033
Total Revenue	30,268	24,383	20,583	18,406	11,967	6,273
Operating Revenue	30,268	24,383	20,583	18,406	11,967	-
Total Cost of Revenue	21,437	18,193	15,873	15,455	9,981	5,240
Operating Cost of Revenue	21,437	18,193	15,873	15,455	9,981	5,240
Total Operating Expenses	8,395	5,717	4,822	4,445	2,502	1,675
Selling, General & Admin Expense	8,395	5,717	4,822	4,445	2,502	1,675
Total Other Income / (Expense), net	37	111	19	-48	53	-55
Interest Expense	140	48	27	45	108	97
Interest & Investment Income	216	178	53	9.00	11	19
Other Income / (Expense), net	-39	-19	-7.00	-12	150	23
Income Tax Expense	407	-776	-1.00	1.00	0.29	-0.24
Net Income / (Loss) Attributable to Noncontrolling Interest	-88	0.00	0.00	-	-	-
Basic Earnings per Share	$0.09	$0.76	($0.05)	($1.08)	($19.16)	($39.48)
Weighted Average Basic Shares Outstanding	1.79B	1.78B	1.77B	1.42B	29.01M	19.46M
Diluted Earnings per Share	$0.08	$0.75	($0.05)	($1.08)	($19.16)	($39.48)
Weighted Average Diluted Shares Outstanding	1.83B	1.80B	1.77B	1.42B	29.01M	19.46M
Weighted Average Basic & Diluted Shares Outstanding	1.81B	1.79B	1.77B	1.76B	-	-

This table shows Coupang's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	107	156	70	-77	5.00	1,033	91	145	91	102	91
Consolidated Net Income / (Loss)	114	219	64	-105	-24	1,033	91	145	91	102	91
Net Income / (Loss) Continuing Operations	114	131	64	-105	-24	1,033	91	145	91	102	91
Total Pre-Tax Income	216	279	132	3.00	59	172	117	171	124	94	98
Total Operating Income	154	312	109	-25	40	130	88	148	107	83	77
Total Gross Profit	2,316	2,491	2,269	2,142	1,929	1,680	1,566	1,524	1,420	1,279	1,234
Total Revenue	7,908	7,965	7,866	7,323	7,114	6,560	6,184	5,838	5,801	5,327	5,101
Total Cost of Revenue	5,592	5,474	5,597	5,181	5,185	4,880	4,618	4,314	4,381	4,048	3,867
Operating Cost of Revenue	5,592	5,474	5,597	5,181	5,185	4,880	4,618	4,314	4,381	4,048	3,867
Total Operating Expenses	2,162	2,179	2,160	2,167	1,889	1,550	1,478	1,376	1,313	1,195	1,156
Selling, General & Admin Expense	2,162	2,179	2,160	2,167	1,889	1,550	1,478	1,376	1,313	1,195	1,156
Total Other Income / (Expense), net	62	-33	23	28	19	42	29	23	17	10	20
Interest Expense	23	40	36	37	27	14	13	13	8.00	7.00	6.49
Interest & Investment Income	49	53	55	53	55	54	50	42	32	27	15
Other Income / (Expense), net	36	-46	4.00	12	-9.00	2.00	-8.00	-6.00	-7.00	-9.49	11
Income Tax Expense	102	148	68	108	83	-861	26	26	33	-8.47	6.88
Net Income / (Loss) Attributable to Noncontrolling Interest	7.00	-25	-6.00	-28	-29	-	0.00	0.00	0.00	-	-
Basic Earnings per Share	$0.06	$0.09	$0.04	($0.04)	$0.00	$0.58	$0.05	$0.08	$0.05	$0.06	$0.05
Weighted Average Basic Shares Outstanding	1.81B	1.79B	1.80B	1.79B	1.79B	1.78B	1.78B	1.78B	1.78B	1.77B	1.77B
Diluted Earnings per Share	$0.06	$0.08	$0.04	($0.04)	$0.00	$0.57	$0.05	$0.08	$0.05	$0.06	$0.05
Weighted Average Diluted Shares Outstanding	1.84B	1.83B	1.83B	1.79B	1.82B	1.80B	1.81B	1.80B	1.79B	1.77B	1.79B
Weighted Average Basic & Diluted Shares Outstanding	1.82B	1.81B	1.80B	1.79B	1.79B	1.79B	1.79B	1.78B	1.78B	1.77B	1.77B

This table details how cash moves in and out of Coupang's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Change in Cash & Equivalents	434	1,910	-123	2,409	30	632
Net Cash From Operating Activities	1,886	2,652	565	-411	302	-312
Net Cash From Continuing Operating Activities	1,886	2,652	565	-411	302	-312
Net Income / (Loss) Continuing Operations	66	1,360	-92	-1,543	-463	-697
Consolidated Net Income / (Loss)	66	1,360	-92	-1,543	-463	-697
Depreciation Expense	433	275	231	201	128	71
Amortization Expense	432	338	310	259	155	-
Non-Cash Adjustments To Reconcile Net Income	695	625	535	740	99	220
Changes in Operating Assets and Liabilities, net	260	54	-419	-68	383	94
Net Cash From Investing Activities	-819	-927	-848	-676	-521	-218
Net Cash From Continuing Investing Activities	-819	-927	-848	-676	-521	-218
Purchase of Property, Plant & Equipment	-879	-896	-824	-674	-485	-218
Acquisitions	68	0.00	0.00	-	-	-
Sale of Property, Plant & Equipment	9.00	19	13	2.00	0.51	3.54
Other Investing Activities, net	-17	-50	-37	-4.00	-37	-3.94
Net Cash From Financing Activities	-69	199	247	3,577	179	1,184
Net Cash From Continuing Financing Activities	-69	199	247	3,577	179	1,184
Repayment of Debt	-752	-382	-472	-338	-40	-350
Repurchase of Common Equity	-178	0.00	0.00	-12	-97	-115
Issuance of Debt	857	572	701	434	287	132
Issuance of Common Equity	4.00	9.00	18	3,493	29	1,516
Effect of Exchange Rate Changes	-564	-14	-87	-81	70	-22

This table details how cash moves in and out of Coupang's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	169	69	168	220	-23	336	517	620	437	627	-212
Net Cash From Operating Activities	354	676	334	664	212	609	722	820	501	580	58
Net Cash From Continuing Operating Activities	354	676	334	664	212	609	722	820	501	580	58
Net Income / (Loss) Continuing Operations	114	131	64	-105	-24	1,033	91	145	91	102	91
Consolidated Net Income / (Loss)	114	131	64	-105	-24	1,033	91	-	-	102	91
Depreciation Expense	122	120	112	106	95	77	68	66	64	57	54
Amortization Expense	116	107	114	-	-	90	85	79	84	79	76
Non-Cash Adjustments To Reconcile Net Income	178	71	219	127	278	168	140	179	138	163	93
Changes in Operating Assets and Liabilities, net	-176	247	-175	325	-137	-759	338	351	124	180	-255
Net Cash From Investing Activities	-213	-141	-383	-178	-117	-263	-152	-429	-83	-130	-289
Net Cash From Continuing Investing Activities	-213	-141	-383	-178	-117	-263	-152	-429	-83	-130	-289
Purchase of Property, Plant & Equipment	-239	-214	-380	-178	-107	-234	-190	-377	-95	-121	-283
Acquisitions	0.00	-	-	-	68	-	-	-	0.00	-	-
Sale of Property, Plant & Equipment	1.00	1.00	4.00	2.00	2.00	7.00	5.00	6.00	1.00	2.40	2.79
Other Investing Activities, net	25	72	-7.00	-2.00	-80	-36	33	-58	11	-11	-8.15
Net Cash From Financing Activities	16	20	-9.00	-132	52	-163	33	251	78	21	146
Net Cash From Continuing Financing Activities	16	20	-9.00	-132	52	-163	33	251	78	21	146
Repayment of Debt	-279	-413	-332	-44	37	-320	-67	-38	43	-140	3.44
Issuance of Debt	295	432	321	90	14	155	98	287	32	158	140
Issuance of Common Equity	0.00	1.00	2.00	-	1.00	2.00	2.00	2.00	3.00	3.00	2.63
Effect of Exchange Rate Changes	12	-486	226	-134	-170	153	-86	-22	-59	156	-127

This table presents Coupang's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Total Assets	15,344	13,346	9,513	8,642	5,067
Total Current Assets	8,994	7,892	5,830	5,637	2,841
Cash & Equivalents	5,879	5,243	3,509	3,488	1,251
Restricted Cash	151	353	176	320	145
Accounts Receivable	407	314	184	175	71
Inventories, net	2,099	1,666	1,657	1,422	1,161
Prepaid Expenses	458	316	304	-	-
Plant, Property, & Equipment, net	2,813	2,465	1,820	0.00	0.00
Total Noncurrent Assets	3,537	2,989	1,863	3,005	2,227
Intangible Assets	271	37	-	-	-
Noncurrent Deferred & Refundable Income Taxes	622	925	40	-	-
Other Noncurrent Operating Assets	2,644	2,027	1,823	1,628	2,217
Total Liabilities & Shareholders' Equity	15,344	13,346	9,513	8,642	5,067
Total Liabilities	11,167	9,242	7,099	6,466	5,671
Total Current Liabilities	7,716	6,945	5,063	4,744	3,733
Short-Term Debt	967	485	304	637	431
Accounts Payable	5,554	5,099	3,622	3,443	2,908
Accrued Expenses	461	352	299	304	116
Current Deferred Revenue	141	97	92	94	65
Other Current Liabilities	593	912	746	267	212
Total Noncurrent Liabilities	3,451	2,297	2,036	1,722	1,938
Long-Term Debt	988	529	538	283	943
Noncurrent Employee Benefit Liabilities	693	381	264	237	135
Other Noncurrent Operating Liabilities	1,770	1,387	1,234	-	859
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	75	15	0.00	-	3,466
Total Equity & Noncontrolling Interests	4,102	4,089	2,414	2,176	-4,069
Total Preferred & Common Equity	4,103	4,089	2,414	2,176	-4,069
Total Common Equity	4,103	4,089	2,414	2,176	-4,069
Common Stock	8,736	8,489	8,154	7,874	70
Retained Earnings	-4,229	-4,383	-5,743	-5,651	-4,108
Accumulated Other Comprehensive Income / (Loss)	-404	-17	3.00	-48	-31
Noncontrolling Interest	-1.00	0.00	-	-	-

This table presents Coupang's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	15,986	16,342	15,195	14,949	11,563	10,687	9,710	8,127
Total Current Assets	9,206	9,212	8,809	8,569	7,430	6,717	6,115	4,928
Cash & Equivalents	6,113	5,822	5,536	5,226	4,858	4,473	3,792	2,903
Restricted Cash	86	139	257	347	400	269	330	157
Accounts Receivable	484	517	547	601	285	139	127	169
Inventories, net	2,049	2,181	1,992	1,938	1,641	1,565	1,667	1,406
Prepaid Expenses	474	553	477	457	246	270	198	-
Plant, Property, & Equipment, net	2,953	2,997	2,563	2,509	2,201	2,119	1,811	1,540
Total Noncurrent Assets	3,827	4,133	3,823	3,871	1,932	1,851	1,784	1,659
Intangible Assets	215	306	319	349	-	-	-	-
Noncurrent Deferred & Refundable Income Taxes	612	764	757	841	-	-	-	-
Other Noncurrent Operating Assets	3,000	3,063	2,747	2,681	446	422	442	1,648
Total Liabilities & Shareholders' Equity	15,986	16,342	15,195	14,949	11,563	10,687	9,710	8,127
Total Liabilities	11,588	12,065	11,248	10,750	8,634	7,912	7,150	5,955
Total Current Liabilities	7,911	8,185	7,858	7,435	6,506	5,643	5,174	4,029
Short-Term Debt	556	401	501	887	966	750	692	440
Accounts Payable	5,702	5,899	5,621	5,370	4,616	4,077	3,685	2,941
Accrued Expenses	391	473	516	388	312	272	247	249
Current Deferred Revenue	172	191	139	135	86	93	93	129
Other Current Liabilities	1,090	1,221	1,081	655	527	452	457	270
Total Noncurrent Liabilities	3,677	3,880	3,390	3,315	2,129	2,268	1,976	1,925
Long-Term Debt	1,002	1,194	1,047	1,062	528	719	523	561
Noncurrent Employee Benefit Liabilities	597	716	603	585	306	294	275	222
Other Noncurrent Operating Liabilities	2,078	1,970	1,740	1,668	-	-	-	1,142
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	24	84	92	114	-	-	-	-
Total Equity & Noncontrolling Interests	4,374	4,193	3,855	4,085	2,928	2,775	2,560	2,172
Total Preferred & Common Equity	4,372	4,189	3,856	4,079	2,928	2,775	2,560	2,172
Total Common Equity	4,372	4,189	3,856	4,079	2,928	2,775	2,560	2,172
Common Stock	8,898	8,625	8,509	8,578	8,402	8,316	8,228	8,081
Retained Earnings	-4,122	-4,385	-4,455	-4,378	-5,415	-5,507	-5,652	-5,845
Accumulated Other Comprehensive Income / (Loss)	-404	-51	-198	-121	-59	-34	-16	-64
Noncontrolling Interest	2.00	4.00	-1.00	6.00	-	-	-	-

This table displays calculated financial ratios and metrics derived from Coupang's official financial filings.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Growth Metrics	-	-	-	-	-	-
Revenue Growth	24.14%	18.46%	11.83%	53.80%	90.77%	0.00%
EBITDA Growth	18.28%	152.84%	140.34%	-1,147.67%	84.71%	0.00%
EBIT Growth	-12.56%	481.51%	92.10%	-311.37%	40.89%	0.00%
NOPAT Growth	-94.48%	1,504.98%	92.50%	-189.54%	19.62%	0.00%
Net Income Growth	-88.68%	1,578.26%	94.04%	-233.15%	33.54%	0.00%
EPS Growth	-89.33%	1,600.00%	95.37%	94.36%	51.47%	0.00%
Operating Cash Flow Growth	-28.88%	369.38%	237.47%	-236.29%	196.70%	0.00%
Free Cash Flow Firm Growth	-145.12%	37.41%	138.72%	-904.71%	0.00%	0.00%
Invested Capital Growth	121.34%	-11.42%	-188.15%	177.26%	0.00%	0.00%
Revenue Q/Q Growth	4.87%	5.33%	1.23%	7.43%	0.00%	0.00%
EBITDA Q/Q Growth	18.16%	9.15%	215.65%	-7.63%	0.00%	0.00%
EBIT Q/Q Growth	50.95%	14.66%	79.97%	-29.86%	0.00%	0.00%
NOPAT Q/Q Growth	-90.94%	204.38%	81.08%	-21.63%	0.00%	0.00%
Net Income Q/Q Growth	-84.09%	216.94%	84.65%	-26.44%	0.00%	0.00%
EPS Q/Q Growth	-85.96%	212.50%	-150.00%	62.37%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	3.68%	1.10%	358.93%	-114.77%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-142.66%	5,970.95%	167.20%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	214.61%	-204.79%	-478.94%	167.76%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	29.18%	25.39%	22.88%	16.03%	16.60%	16.47%
EBITDA Margin	4.17%	4.38%	2.05%	-5.68%	-0.70%	-8.74%
Operating Margin	1.44%	1.94%	-0.54%	-8.12%	-4.31%	-10.23%
EBIT Margin	1.31%	1.86%	-0.58%	-8.18%	-3.06%	-9.87%
Profit (Net Income) Margin	0.51%	5.58%	-0.45%	-8.38%	-3.87%	-11.11%
Tax Burden Percent	32.56%	232.88%	98.92%	100.06%	100.06%	99.97%
Interest Burden Percent	119.14%	128.63%	78.15%	102.39%	126.43%	112.56%
Effective Tax Rate	86.05%	-132.88%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	-271.89%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	-271.29%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	267.88%	0.00%	0.00%	0.00%
Return on Equity (ROE)	3.72%	41.73%	-4.01%	-196.22%	76.78%	0.00%
Cash Return on Invested Capital (CROIC)	-508.98%	0.00%	0.00%	-444.32%	0.00%	0.00%
Operating Return on Assets (OROA)	2.77%	3.97%	-1.31%	-21.97%	-7.22%	0.00%
Return on Assets (ROA)	1.07%	11.90%	-1.01%	-22.51%	-9.14%	0.00%
Return on Common Equity (ROCE)	3.68%	41.63%	-4.01%	236.17%	517.85%	0.00%
Return on Equity Simple (ROE_SIMPLE)	3.75%	33.26%	-3.81%	-70.91%	11.38%	0.00%
Net Operating Profit after Tax (NOPAT)	61	1,102	-78	-1,046	-361	-449
NOPAT Margin	0.20%	4.52%	-0.38%	-5.68%	-3.02%	-7.16%
Net Nonoperating Expense Percent (NNEP)	2.15%	6.96%	-0.60%	-57.95%	-764.93%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	1.00%	21.59%	-2.41%	-	-	-
Cost of Revenue to Revenue	70.82%	74.61%	77.12%	83.97%	83.40%	83.53%
SG&A Expenses to Revenue	27.74%	23.45%	23.43%	24.15%	20.91%	26.70%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	27.74%	23.45%	23.43%	24.15%	20.91%	26.70%
Earnings before Interest and Taxes (EBIT)	397	454	-119	-1,506	-366	-619
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,262	1,067	422	-1,046	-84	-548
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	9.64	7.08	10.79	23.65	0.00	0.00
Price to Tangible Book Value (P/TBV)	10.32	7.14	10.79	23.65	0.00	0.00
Price to Revenue (P/Rev)	1.31	1.19	1.27	2.80	0.38	0.73
Price to Earnings (P/E)	256.75	21.28	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.39%	4.70%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	348.41	0.00	0.00	102.27	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.17	1.00	1.13	2.70	0.67	0.00
Enterprise Value to EBITDA (EV/EBITDA)	28.16	22.85	54.97	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	89.52	53.69	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	584.15	22.13	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	18.84	9.19	41.06	0.00	26.51	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	21.19	27.71	0.00	29.75	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.47	0.25	0.35	0.97	-2.28	0.00
Long-Term Debt to Equity	0.24	0.13	0.22	0.68	-1.56	0.00
Financial Leverage	-1.05	-1.14	-0.99	-1.09	0.04	0.00
Leverage Ratio	3.46	3.51	3.96	8.72	-8.40	0.00
Compound Leverage Factor	4.13	4.51	3.09	8.93	-10.62	0.00
Debt to Total Capital	31.88%	19.81%	25.86%	49.36%	178.20%	0.00%
Short-Term Debt to Total Capital	15.77%	9.48%	9.34%	14.81%	55.93%	0.00%
Long-Term Debt to Total Capital	16.11%	10.34%	16.52%	34.55%	122.27%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.21%	0.29%	0.00%	0.00%	449.27%	0.00%
Common Equity to Total Capital	66.91%	79.89%	74.14%	50.64%	-527.47%	0.00%
Debt to EBITDA	1.55	0.95	2.00	-2.03	-16.40	0.00
Net Debt to EBITDA	-3.23	-4.29	-6.74	1.61	0.26	0.00
Long-Term Debt to EBITDA	0.78	0.50	1.27	-1.42	-11.25	0.00
Debt to NOPAT	32.13	0.92	-10.74	-2.03	-3.81	0.00
Net Debt to NOPAT	-66.98	-4.16	36.26	1.61	0.06	0.00
Long-Term Debt to NOPAT	16.24	0.48	-6.86	-1.42	-2.61	0.00
Altman Z-Score	3.90	3.44	3.57	5.54	1.26	0.00
Noncontrolling Interest Sharing Ratio	1.07%	0.23%	0.00%	220.36%	-574.49%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	1.17	1.14	1.15	1.19	0.76	0.00
Quick Ratio	0.81	0.80	0.73	0.77	0.35	0.00
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-519	1,151	837	-2,162	269	0.00
Operating Cash Flow to CapEx	216.78%	302.39%	69.67%	-61.16%	62.29%	-145.53%
Free Cash Flow to Firm to Interest Expense	-3.71	23.97	31.01	-48.05	2.49	0.00
Operating Cash Flow to Interest Expense	13.47	55.25	20.93	-9.13	2.80	-3.22
Operating Cash Flow Less CapEx to Interest Expense	7.26	36.98	-9.11	-24.07	-1.69	-5.43
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	2.11	2.13	2.27	2.69	2.36	0.00
Accounts Receivable Turnover	83.96	97.92	114.56	149.27	167.95	0.00
Inventory Turnover	11.39	10.95	10.31	11.97	8.60	0.00
Fixed Asset Turnover	11.47	11.38	0.00	0.00	0.00	0.00
Accounts Payable Turnover	4.02	4.17	4.49	4.87	3.43	0.00
Days Sales Outstanding (DSO)	4.35	3.73	3.19	2.45	2.17	0.00
Days Inventory Outstanding (DIO)	32.05	33.33	35.40	30.50	42.46	0.00
Days Payable Outstanding (DPO)	90.69	87.48	81.23	74.99	106.34	0.00
Cash Conversion Cycle (CCC)	-54.29	-50.42	-42.65	-42.05	-61.70	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	102	-478	-429	487	-630	0.00
Invested Capital Turnover	-161.00	-53.77	713.81	-257.00	-38.00	0.00
Increase / (Decrease) in Invested Capital	580	-49	-916	1,117	-630	0.00
Enterprise Value (EV)	35,538	24,377	23,198	49,771	7,994	0.00
Market Capitalization	39,539	28,944	26,041	51,457	4,550	4,550
Book Value per Share	$2.28	$2.29	$1.36	$1.24	($140.25)	$0.00
Tangible Book Value per Share	$2.13	$2.27	$1.36	$1.24	($140.39)	$0.00
Total Capital	6,132	5,118	3,256	4,297	771	0.00
Total Debt	1,955	1,014	842	2,121	1,375	0.00
Total Long-Term Debt	988	529	538	1,484	943	0.00
Net Debt	-4,075	-4,582	-2,843	-1,686	-22	0.00
Capital Expenditures (CapEx)	870	877	811	672	484	214
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-3,785	-4,164	-2,614	-2,278	-1,857	0.00
Debt-free Net Working Capital (DFNWC)	2,245	1,432	1,071	1,529	-461	0.00
Net Working Capital (NWC)	1,278	947	767	893	-892	0.00
Net Nonoperating Expense (NNE)	-93	-258	14	497	102	248
Net Nonoperating Obligations (NNO)	-4,075	-4,582	-2,843	-1,689	-27	0.00
Total Depreciation and Amortization (D&A)	865	613	541	460	282	71
Debt-free, Cash-free Net Working Capital to Revenue	-12.51%	-17.08%	-12.70%	-12.38%	-15.52%	0.00%
Debt-free Net Working Capital to Revenue	7.42%	5.87%	5.20%	8.31%	-3.85%	0.00%
Net Working Capital to Revenue	4.22%	3.88%	3.73%	4.85%	-7.45%	0.00%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.09	$0.76	($0.05)	($1.08)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	1.79B	1.78B	1.76B	1.42B	0.00	0.00
Adjusted Diluted Earnings per Share	$0.08	$0.75	($0.05)	($1.08)	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	1.83B	1.80B	1.76B	1.42B	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.81B	1.79B	1.77B	1.76B	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	305	331	-78	-1,046	-361	-449
Normalized NOPAT Margin	1.01%	1.36%	-0.38%	-5.68%	-3.02%	-7.16%
Pre Tax Income Margin	1.56%	2.40%	-0.45%	-8.38%	-3.87%	-11.11%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	2.84	9.46	-4.41	-33.47	-3.40	-6.39
NOPAT to Interest Expense	0.43	22.95	-2.90	-23.24	-3.35	-4.64
EBIT Less CapEx to Interest Expense	-3.38	-8.81	-34.44	-48.40	-7.89	-8.60
NOPAT Less CapEx to Interest Expense	-5.78	4.68	-32.94	-38.17	-7.84	-6.85
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	115.58%	0.00%	0.00%	-0.78%	-20.95%	-16.45%

This table displays calculated financial ratios and metrics derived from Coupang's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	11.16%	21.42%	27.20%	25.44%	22.63%	23.14%	21.22%	15.88%	13.37%	4.94%	9.83%
EBITDA Growth	86.90%	64.88%	45.49%	-67.60%	-49.19%	42.69%	6.53%	359.27%	460.72%	160.56%	181.73%
EBIT Growth	512.90%	101.52%	41.25%	-109.15%	-69.00%	78.52%	-9.75%	285.93%	148.73%	118.43%	127.78%
NOPAT Growth	599.52%	-81.24%	-22.79%	597.23%	-120.72%	758.23%	-4.88%	367.01%	154.53%	132.77%	132.62%
Net Income Growth	575.00%	-78.80%	-29.67%	-172.41%	-126.37%	911.69%	0.35%	292.08%	143.48%	125.19%	127.99%
EPS Growth	0.00%	-85.96%	-20.00%	-150.00%	-100.00%	850.00%	0.00%	300.00%	141.67%	-33.33%	126.32%
Operating Cash Flow Growth	66.98%	11.00%	-53.74%	-19.02%	-57.68%	4.99%	1,141.32%	4,590.20%	1,011.92%	385.50%	205.05%
Free Cash Flow Firm Growth	278.37%	-152.24%	317.86%	318.50%	118.58%	-17.57%	63.86%	-57.71%	-2,108.70%	172.20%	-252.61%
Invested Capital Growth	-142.26%	121.34%	-119.51%	-139.45%	-30.63%	-11.42%	302.92%	398.91%	256.78%	-188.15%	115.76%
Revenue Q/Q Growth	-0.72%	1.26%	7.42%	2.94%	8.44%	6.08%	5.93%	0.64%	8.89%	4.43%	1.26%
EBITDA Q/Q Growth	-13.18%	45.43%	264.52%	-26.19%	-57.94%	28.33%	-18.82%	15.73%	18.35%	-4.19%	250.00%
EBIT Q/Q Growth	-28.57%	135.40%	969.23%	-141.94%	-76.57%	65.00%	-43.66%	42.00%	35.24%	-16.58%	216.07%
NOPAT Q/Q Growth	-44.52%	177.20%	-93.96%	5,477.60%	-102.08%	1,040.71%	-45.46%	59.82%	-13.68%	26.42%	253.10%
Net Income Q/Q Growth	-47.95%	242.19%	160.95%	-337.50%	-102.32%	1,035.16%	-37.24%	59.34%	-10.88%	12.60%	220.12%
EPS Q/Q Growth	-25.00%	100.00%	200.00%	0.00%	-100.00%	1,040.00%	-37.50%	60.00%	-16.67%	20.00%	225.00%
Operating Cash Flow Q/Q Growth	-47.63%	102.40%	-49.70%	213.21%	-65.21%	-15.65%	-11.95%	63.67%	-13.63%	897.24%	418.50%
Free Cash Flow Firm Q/Q Growth	307.44%	-172.49%	-68.99%	711.34%	-71.40%	402.29%	68.90%	31.01%	-227.07%	232.54%	-35.72%
Invested Capital Q/Q Growth	-338.24%	214.61%	70.13%	-151.83%	220.29%	-204.79%	-39.61%	-8.88%	293.23%	-478.94%	144.80%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	29.29%	31.27%	28.85%	29.25%	27.12%	25.61%	25.32%	26.10%	24.48%	24.01%	24.19%
EBITDA Margin	5.41%	6.19%	4.31%	1.27%	1.77%	4.56%	3.77%	4.92%	4.28%	3.93%	4.29%
Operating Margin	1.95%	3.92%	1.39%	-0.34%	0.56%	1.98%	1.42%	2.54%	1.84%	1.57%	1.52%
EBIT Margin	2.40%	3.34%	1.44%	-0.18%	0.44%	2.01%	1.29%	2.43%	1.72%	1.39%	1.74%
Profit (Net Income) Margin	1.44%	2.75%	0.81%	-1.43%	-0.34%	15.75%	1.47%	2.48%	1.57%	1.92%	1.78%
Tax Burden Percent	52.78%	78.49%	48.48%	-3,500.00%	-40.68%	600.58%	77.78%	84.80%	73.39%	109.04%	92.95%
Interest Burden Percent	113.68%	104.89%	116.81%	-23.08%	190.32%	130.30%	146.25%	120.42%	124.00%	126.64%	110.06%
Effective Tax Rate	47.22%	53.05%	51.52%	3,600.00%	140.68%	-500.58%	22.22%	15.20%	26.61%	-9.04%	7.06%
Return on Invested Capital (ROIC)	192.32%	0.00%	105.64%	1,420.36%	-8.37%	0.00%	90.01%	188.76%	191.78%	1,218.98%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	191.53%	0.00%	105.31%	1,451.64%	-8.08%	0.00%	89.01%	187.86%	191.20%	1,218.49%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-184.13%	0.00%	-99.94%	-1,352.89%	6.40%	0.00%	-79.07%	-168.37%	-178.71%	-1,203.18%	0.00%
Return on Equity (ROE)	8.19%	3.72%	5.69%	67.47%	-1.97%	41.73%	10.93%	20.39%	13.07%	15.80%	-25.29%
Cash Return on Invested Capital (CROIC)	0.00%	-508.98%	0.00%	0.00%	174.92%	0.00%	6.66%	-84.90%	-142.77%	0.00%	-1,100.51%
Operating Return on Assets (OROA)	4.83%	7.05%	2.97%	-0.37%	0.91%	4.29%	3.04%	5.62%	3.98%	3.15%	4.23%
Return on Assets (ROA)	2.90%	5.80%	1.68%	-3.01%	-0.70%	33.59%	3.46%	5.74%	3.63%	4.35%	4.32%
Return on Common Equity (ROCE)	8.05%	3.68%	5.62%	66.55%	-1.93%	41.63%	10.93%	20.39%	13.07%	15.80%	-25.29%
Return on Equity Simple (ROE_SIMPLE)	6.68%	0.00%	23.11%	25.80%	30.52%	0.00%	14.65%	15.45%	8.14%	0.00%	-27.60%
Net Operating Profit after Tax (NOPAT)	81	146	53	875	-16	781	68	125	79	91	72
NOPAT Margin	1.03%	1.84%	0.67%	11.95%	-0.23%	11.90%	1.11%	2.15%	1.35%	1.71%	1.41%
Net Nonoperating Expense Percent (NNEP)	0.79%	1.68%	0.33%	-31.28%	-0.29%	6.79%	1.00%	0.90%	0.58%	0.49%	0.70%
Return On Investment Capital (ROIC_SIMPLE)	1.37%	2.42%	-	-	-	15.30%	-	-	-	2.79%	-
Cost of Revenue to Revenue	70.71%	68.73%	71.15%	70.75%	72.88%	74.39%	74.68%	73.90%	75.52%	75.99%	75.81%
SG&A Expenses to Revenue	27.34%	27.36%	27.46%	29.59%	26.55%	23.63%	23.90%	23.57%	22.63%	22.44%	22.67%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	27.34%	27.36%	27.46%	29.59%	26.55%	23.63%	23.90%	23.57%	22.63%	22.44%	22.67%
Earnings before Interest and Taxes (EBIT)	190	266	113	-13	31	132	80	142	100	74	89
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	428	493	339	93	126	299	233	287	248	210	219
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	9.06	9.64	10.51	9.71	7.80	7.08	10.36	11.15	11.09	10.79	13.56
Price to Tangible Book Value (P/TBV)	9.52	10.32	11.34	10.59	8.53	7.14	10.36	11.15	11.09	10.79	13.62
Price to Revenue (P/Rev)	1.27	1.31	1.53	1.38	1.24	1.19	1.31	1.40	1.33	1.27	1.45
Price to Earnings (P/E)	154.67	256.75	42.71	35.61	24.96	21.28	70.67	72.19	136.29	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.65%	0.39%	2.34%	2.81%	4.01%	4.70%	1.42%	1.39%	0.73%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	348.41	0.00	0.00	49.22	0.00	61.06	38.31	32.16	0.00	241.96
Enterprise Value to Revenue (EV/Rev)	1.13	1.17	1.38	1.23	1.10	1.00	1.20	1.31	1.25	1.13	1.35
Enterprise Value to EBITDA (EV/EBITDA)	23.94	28.16	37.23	34.62	40.96	22.85	28.49	30.04	36.09	54.97	0.00
Enterprise Value to EBIT (EV/EBIT)	62.91	89.52	151.17	144.80	73.51	53.69	70.35	71.51	143.16	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	196.41	584.15	59.18	50.42	29.06	22.13	76.97	78.89	153.07	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	17.25	18.84	21.86	15.09	11.98	9.19	10.62	14.77	23.78	41.06	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	35.12	0.00	32.67	19.43	23.05	21.19	1,469.78	0.00	0.00	27.71	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.35	0.47	0.37	0.39	0.46	0.25	0.95	0.98	0.93	0.35	0.46
Long-Term Debt to Equity	0.23	0.24	0.28	0.27	0.25	0.13	0.62	0.71	0.66	0.22	0.26
Financial Leverage	-0.96	-1.05	-0.95	-0.93	-0.79	-1.14	-0.89	-0.90	-0.93	-0.99	-1.13
Leverage Ratio	3.60	3.46	3.87	3.85	3.65	3.51	3.86	3.95	4.00	3.96	3.53
Compound Leverage Factor	4.09	3.63	4.52	-0.89	6.94	4.57	5.65	4.75	4.96	5.01	3.88
Debt to Total Capital	26.16%	31.88%	27.16%	28.17%	31.70%	19.81%	48.78%	49.53%	48.31%	25.86%	31.56%
Short-Term Debt to Total Capital	9.34%	15.77%	6.83%	9.12%	14.43%	9.48%	16.89%	13.63%	13.97%	9.34%	13.88%
Long-Term Debt to Total Capital	16.82%	16.11%	20.33%	19.05%	17.27%	10.34%	31.89%	35.90%	34.34%	16.52%	17.68%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.44%	1.21%	1.50%	1.66%	1.95%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	73.41%	66.91%	71.34%	70.17%	66.35%	79.89%	51.22%	50.47%	51.69%	74.14%	68.44%
Debt to EBITDA	1.07	1.55	1.49	1.61	2.82	0.95	2.85	2.83	3.24	2.00	-2.74
Net Debt to EBITDA	-3.18	-3.23	-4.09	-4.41	-5.24	-4.29	-2.53	-2.10	-2.34	-6.74	5.64
Long-Term Debt to EBITDA	0.69	0.78	1.12	1.09	1.54	0.50	1.86	2.05	2.30	1.27	-1.54
Debt to NOPAT	8.75	32.13	2.37	2.34	2.00	0.92	7.71	7.43	13.74	-10.74	-2.42
Net Debt to NOPAT	-26.06	-66.98	-6.50	-6.43	-3.72	-4.16	-6.82	-5.50	-9.93	36.26	4.97
Long-Term Debt to NOPAT	5.63	16.24	1.78	1.59	1.09	0.48	5.04	5.38	9.77	-6.86	-1.35
Altman Z-Score	3.77	3.87	3.68	3.45	3.18	3.36	3.57	3.86	3.91	3.64	4.63
Noncontrolling Interest Sharing Ratio	1.70%	1.07%	1.22%	1.35%	1.78%	0.23%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.16	1.17	1.13	1.12	1.15	1.14	1.14	1.19	1.18	1.15	1.22
Quick Ratio	0.83	0.81	0.77	0.77	0.78	0.80	0.79	0.82	0.76	0.73	0.76
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	899	-434	598	1,928	238	830	-274	-883	-1,279	1,007	-759
Operating Cash Flow to CapEx	148.74%	317.37%	88.83%	377.27%	201.90%	268.28%	390.27%	221.02%	532.98%	489.38%	20.73%
Free Cash Flow to Firm to Interest Expense	39.10	-10.84	16.61	52.12	8.80	59.27	-21.11	-67.89	-159.89	143.72	-117.11
Operating Cash Flow to Interest Expense	15.39	16.90	9.28	17.95	7.85	43.50	55.54	63.08	62.63	82.82	8.97
Operating Cash Flow Less CapEx to Interest Expense	5.04	11.58	-1.17	13.19	3.96	27.29	41.31	34.54	50.88	65.89	-34.30
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.01	2.11	2.07	2.10	2.08	2.13	2.35	2.31	2.31	2.27	2.43
Accounts Receivable Turnover	57.26	83.96	71.97	79.26	70.60	97.92	101.87	135.18	142.98	114.56	133.88
Inventory Turnover	10.96	11.39	10.91	11.17	10.54	10.95	11.40	11.01	10.63	10.31	12.29
Fixed Asset Turnover	11.37	11.47	11.11	11.61	11.90	11.38	12.38	12.29	13.14	0.00	15.02
Accounts Payable Turnover	3.95	4.02	3.96	4.10	4.20	4.17	4.60	4.51	4.61	4.49	5.23
Days Sales Outstanding (DSO)	6.37	4.35	5.07	4.61	5.17	3.73	3.58	2.70	2.55	3.19	2.73
Days Inventory Outstanding (DIO)	33.31	32.05	33.46	32.68	34.63	33.33	32.03	33.15	34.35	35.40	29.69
Days Payable Outstanding (DPO)	92.50	90.69	92.07	89.10	86.99	87.48	79.43	80.99	79.12	81.23	69.82
Cash Conversion Cycle (CCC)	-52.82	-54.29	-53.54	-51.81	-47.19	-50.42	-43.82	-45.14	-42.22	-42.65	-37.40
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-243	102	-89	-298	575	-478	456	755	829	-429	113
Invested Capital Turnover	187.12	-161.00	157.23	118.87	36.61	-53.77	81.32	87.81	141.68	713.81	-67.21
Increase / (Decrease) in Invested Capital	-818	580	-545	-1,053	-254	-49	343	1,008	1,358	-916	831
Enterprise Value (EV)	34,979	35,538	39,757	33,304	28,301	24,377	27,854	28,934	26,658	23,198	27,392
Market Capitalization	39,594	39,539	44,035	37,458	31,805	28,944	30,324	30,952	28,388	26,041	29,451
Book Value per Share	$2.42	$2.28	$2.34	$2.16	$2.27	$2.29	$1.64	$1.56	$1.44	$1.36	$1.23
Tangible Book Value per Share	$2.30	$2.13	$2.16	$1.98	$2.08	$2.27	$1.64	$1.56	$1.44	$1.36	$1.22
Total Capital	5,956	6,132	5,872	5,495	6,148	5,118	5,717	5,499	4,953	3,256	3,173
Total Debt	1,558	1,955	1,595	1,548	1,949	1,014	2,788	2,724	2,393	842	1,001
Total Long-Term Debt	1,002	988	1,194	1,047	1,062	529	1,823	1,974	1,701	538	561
Net Debt	-4,641	-4,075	-4,366	-4,245	-3,624	-4,582	-2,470	-2,019	-1,730	-2,843	-2,059
Capital Expenditures (CapEx)	238	213	376	176	105	227	185	371	94	119	281
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-4,348	-3,785	-4,533	-4,341	-3,552	-4,164	-3,369	-2,919	-2,490	-2,614	-1,721
Debt-free Net Working Capital (DFNWC)	1,851	2,245	1,428	1,452	2,021	1,432	1,889	1,823	1,632	1,071	1,339
Net Working Capital (NWC)	1,295	1,278	1,027	951	1,134	947	924	1,073	941	767	899
Net Nonoperating Expense (NNE)	-33	-73	-11	980	7.73	-252	-23	-20	-12	-11	-19
Net Nonoperating Obligations (NNO)	-4,641	-4,075	-4,366	-4,245	-3,624	-4,582	-2,472	-2,020	-1,731	-2,843	-2,059
Total Depreciation and Amortization (D&A)	238	227	226	106	95	167	153	145	148	136	130
Debt-free, Cash-free Net Working Capital to Revenue	-14.00%	-12.51%	-15.71%	-15.97%	-13.82%	-17.08%	-14.55%	-13.23%	-11.71%	-12.70%	-8.46%
Debt-free Net Working Capital to Revenue	5.96%	7.42%	4.95%	5.34%	7.87%	5.87%	8.16%	8.26%	7.68%	5.20%	6.59%
Net Working Capital to Revenue	4.17%	4.22%	3.56%	3.50%	4.41%	3.88%	3.99%	4.86%	4.42%	3.73%	4.42%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.06	$0.09	$0.04	($0.04)	$0.00	$0.58	$0.05	$0.08	$0.05	$0.06	$0.05
Adjusted Weighted Average Basic Shares Outstanding	1.81B	1.79B	1.80B	1.79B	1.79B	1.78B	1.78B	1.78B	1.77B	1.77B	1.77B
Adjusted Diluted Earnings per Share	$0.06	$0.08	$0.04	($0.04)	$0.00	$0.57	$0.05	$0.08	$0.05	$0.06	$0.05
Adjusted Weighted Average Diluted Shares Outstanding	1.84B	1.83B	1.83B	1.79B	1.82B	1.80B	1.81B	1.80B	1.79B	1.77B	1.79B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.82B	1.81B	1.80B	1.79B	1.79B	1.79B	1.79B	1.78B	1.78B	1.77B	1.77B
Normalized Net Operating Profit after Tax (NOPAT)	81	218	76	-18	28	91	68	125	79	58	72
Normalized NOPAT Margin	1.03%	2.74%	0.97%	-0.24%	0.39%	1.39%	1.11%	2.15%	1.35%	1.10%	1.41%
Pre Tax Income Margin	2.73%	3.50%	1.68%	0.04%	0.83%	2.62%	1.89%	2.93%	2.14%	1.76%	1.91%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.26	6.65	3.14	-0.35	1.15	9.43	6.15	10.92	12.50	10.56	13.67
NOPAT to Interest Expense	3.53	3.66	1.47	23.65	-0.60	55.77	5.27	9.65	9.82	12.99	11.10
EBIT Less CapEx to Interest Expense	-2.09	1.33	-7.31	-5.11	-2.74	-6.79	-8.08	-17.62	0.75	-6.37	-29.60
NOPAT Less CapEx to Interest Expense	-6.81	-1.66	-8.98	18.89	-4.49	39.55	-8.97	-18.88	-1.93	-3.93	-32.17
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	115.58%	18.39%	17.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Coupang's Financials

When does Coupang's financial year end?

According to the most recent income statement we have on file, Coupang's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Coupang's net income changed over the last 5 years?

Coupang's net income appears to be on a downward trend, with a most recent value of $154 million in 2024, falling from -$696.89 million in 2019. The previous period was $1.36 billion in 2023. Find out what analysts predict for Coupang in the coming months.

What is Coupang's operating income?

Coupang's total operating income in 2024 was $436 million, based on the following breakdown:

Total Gross Profit: $8.83 billion
Total Operating Expenses: $8.40 billion

How has Coupang revenue changed over the last 5 years?

Over the last 5 years, Coupang's total revenue changed from $6.27 billion in 2019 to $30.27 billion in 2024, a change of 382.5%.

How much debt does Coupang have?

Coupang's total liabilities were at $11.17 billion at the end of 2024, a 20.8% increase from 2023, and a 96.9% increase since 2020.

How much cash does Coupang have?

In the past 4 years, Coupang's cash and equivalents has ranged from $1.25 billion in 2020 to $5.88 billion in 2024, and is currently $5.88 billion as of their latest financial filing in 2024.

How has Coupang's book value per share changed over the last 5 years?

Over the last 5 years, Coupang's book value per share changed from 0.00 in 2019 to 2.28 in 2024, a change of 228.1%.

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This page (NYSE:CPNG) was last updated on 5/23/2025 by MarketBeat.com Staff

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Coupang (CPNG) Financials

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