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Coupang, Inc. (CPNG)
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| Price date | EPS fiscal end | Basic P/E (×) | Diluted P/E (×) | P/S (×) | P/FCF (×) |
|---|
Profit margins
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Coupang, Inc. (CPNG) · NYSE · USD · Sector unavailable · CIK 0001834584
Annual coverage: 2019-12-31–2025-12-31 (7 periods). Financial snapshot built 2026-10-09.
CPNG annual financial history
All stored annual observations, independent of the chart window. Per-share amounts in USD. Unavailable values are not zero.
See the calculation and limitations.
Annual per-share context (USD/share)
Complete annual history, independent of chart loading and range. Revenue/share is annual revenue per average diluted share. Debt/share is borrowings per year-end common share, excluding leases. Missing inputs remain unavailable. Metric definitions.
| Fiscal end | Revenue / share | Total debt / share | Inputs & filing sources |
|---|---|---|---|
| 2025-12-31 | 18.62 | Unavailable | Inputs & filingsrevenue: 34534000000; averageDilutedShares: 1855000000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date revenue (2026-02-26)averageDilutedShares (2026-02-26) |
| 2024-12-31 | 16.58 | Unavailable | Inputs & filingsrevenue: 30268000000; averageDilutedShares: 1826000000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date revenue (2026-02-26)averageDilutedShares (2026-02-26) |
| 2023-12-31 | 13.52 | Unavailable | Inputs & filingsrevenue: 24383000000; averageDilutedShares: 1803000000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date revenue (2026-02-26)averageDilutedShares (2026-02-26) |
| 2022-12-31 | 11.66 | Unavailable | Inputs & filingsrevenue: 20583000000; averageDilutedShares: 1765000000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date revenue (2025-02-25)averageDilutedShares (2025-02-25) |
| 2021-12-31 | 12.93 | Unavailable | Inputs & filingsrevenue: 18406000000; averageDilutedShares: 1424000000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date revenue (2024-02-28)averageDilutedShares (2024-02-28) |
| 2020-12-31 | 412.50 | Unavailable | Inputs & filingsrevenue: 11967339000; averageDilutedShares: 29012000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date revenue (2023-03-01)averageDilutedShares (2023-03-01) |
| 2019-12-31 | 322.32 | Unavailable | Inputs & filingsrevenue: 6273263000; averageDilutedShares: 19463000; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date revenue (2022-03-03)averageDilutedShares (2022-03-03) |
Annual returns and cash generation (%)
Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.
| Fiscal end | FCF margin (%) | FCF / net income (%) | ROCE (%) | Inputs & filing sources |
|---|---|---|---|---|
| 2025-12-31 | 1.51 | 243.93 | 5.89 | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":522000000,"capex":{"accession":"0001834584-26-000024","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001834584-26-000024","end":"2025-12-31","filed":"2026-02-26","form":"10-K","start":"2025-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":34534000000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"netIncome":{"value":214000000,"tag":"ProfitLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"operatingIncome":{"value":473000000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2025-01-01","end":"2025-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"openingAssets":{"value":15344000000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"openingCurrentLiabilities":{"value":7716000000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"openingCapitalEmployed":{"value":7628000000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingTotalEquity":{"value":4102000000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"openingCash":{"value":5879000000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: 1.5115538310071235; cashConversion: 243.92523364485982; roce: 5.89114460082202 fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26) roce component 1 (2026-02-26) · roce component 2 (2026-02-26) · roce component 3 (2026-02-26) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26) |
| 2024-12-31 | 3.33 | 1,525.76 | 6.22 | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":1007000000,"capex":{"accession":"0001834584-26-000024","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001834584-26-000024","end":"2024-12-31","filed":"2026-02-26","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":30268000000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"netIncome":{"value":66000000,"tag":"ProfitLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"operatingIncome":{"value":436000000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"openingAssets":{"value":13346000000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-25","accession":"0001834584-25-000030","form":"10-K"},"openingCurrentLiabilities":{"value":6945000000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-02-25","accession":"0001834584-25-000030","form":"10-K"},"openingCapitalEmployed":{"value":6401000000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":4089000000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2024-02-28","accession":"0001834584-24-000023","form":"10-K"},"openingTotalEquity":{"value":4089000000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"openingCash":{"value":5243000000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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fcfMargin: 3.326945949517642; cashConversion: 1525.7575757575758; roce: 6.215696058165229 fcfMargin component 1 (2026-02-26) · fcfMargin component 2 (2026-02-26) · fcfMargin component 3 (2026-02-26)cashConversion component 1 (2026-02-26) · cashConversion component 2 (2026-02-26) · cashConversion component 3 (2026-02-26) roce component 1 (2026-02-26) · roce component 2 (2025-02-25) · roce component 3 (2025-02-25) · roce component 4 (2026-02-26) · roce component 5 (2026-02-26) |
| 2023-12-31 | 7.20 | 129.12 | 8.72 | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":1756000000,"capex":{"accession":"0001834584-26-000024","end":"2023-12-31","filed":"2026-02-26","form":"10-K","start":"2023-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001834584-26-000024","end":"2023-12-31","filed":"2026-02-26","form":"10-K","start":"2023-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":24383000000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"netIncome":{"value":1360000000,"tag":"ProfitLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"operatingIncome":{"value":473000000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2023-01-01","end":"2023-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"openingAssets":{"value":9513000000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001834584-24-000023","form":"10-K"},"openingCurrentLiabilities":{"value":5063000000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001834584-24-000023","form":"10-K"},"openingCapitalEmployed":{"value":4450000000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":2414000000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-31","filed":"2024-02-28","accession":"0001834584-24-000023","form":"10-K"},"openingTotalEquity":{"value":2414000000,"tag":"StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest","unit":"USD","start":null,"end":"2022-12-31","filed":"2026-02-26","accession":"0001834584-26-000024","form":"10-K"},"openingCash":{"value":3509000000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-31","filed":"2025-02-25","accession":"0001834584-25-000030","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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| 2019-12-31 | -8.44 | Unavailable | Unavailable | Inputs & filingsCalculation inputs: {"original":{"fcfTotal":{"value":-529666000,"capex":{"accession":"0001834584-22-000015","end":"2019-12-31","filed":"2022-03-03","form":"10-K","start":"2019-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001834584-22-000015","end":"2019-12-31","filed":"2022-03-03","form":"10-K","start":"2019-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":6273263000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-03","accession":"0001834584-22-000015","form":"10-K"},"netIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"operatingIncome":{"value":-641923000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-03","accession":"0001834584-22-000015","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-31"},"openingParentEquity":{"value":-2772326000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-31","filed":"2022-03-03","accession":"0001834584-22-000015","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; 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leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-768300000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-03","accession":"0001834584-22-000015","form":"10-K"},"incomeTaxExpense":{"value":-241000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-03","accession":"0001834584-22-000015","form":"10-K"},"pretaxIncome":{"value":-697126000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2019-01-01","end":"2019-12-31","filed":"2022-03-03","accession":"0001834584-22-000015","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -8.443229623881543; cashConversion: Consolidated income including noncontrolling interests is not confirmed; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed, closingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-31; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-31 fcfMargin component 1 (2022-03-03) · fcfMargin component 2 (2022-03-03) · fcfMargin component 3 (2022-03-03)cashConversion component 1 (2022-03-03) · cashConversion component 2 (2022-03-03) roce component 1 (2022-03-03) |
Annual operating facts
Complete annual history, independent of chart loading and range. Operating margin is operating profit as a percentage of revenue; net margin is consolidated net profit as a percentage of revenue. Negative margins show losses. Missing inputs remain unavailable. Metric definitions.
| Fiscal end | Revenue (USD) | Operating margin (%) | Net margin (%) | Inputs & filing sources |
|---|---|---|---|---|
| 2025-12-31 | 34,534,000,000.00 | 1.37 | 0.62 | Inputs & filingsrevenue: 34534000000; operatingIncome: 473000000; netIncome: 214000000 revenue (2026-02-26)operatingIncome (2026-02-26) netIncome (2026-02-26) |
| 2024-12-31 | 30,268,000,000.00 | 1.44 | 0.22 | Inputs & filingsrevenue: 30268000000; operatingIncome: 436000000; netIncome: 66000000 revenue (2026-02-26)operatingIncome (2026-02-26) netIncome (2026-02-26) |
| 2023-12-31 | 24,383,000,000.00 | 1.94 | 5.58 | Inputs & filingsrevenue: 24383000000; operatingIncome: 473000000; netIncome: 1360000000 revenue (2026-02-26)operatingIncome (2026-02-26) netIncome (2026-02-26) |
| 2022-12-31 | 20,583,000,000.00 | -0.54 | -0.45 | Inputs & filingsrevenue: 20583000000; operatingIncome: -112000000; netIncome: -92000000 revenue (2025-02-25)operatingIncome (2025-02-25) netIncome (2025-02-25) |
| 2021-12-31 | 18,406,000,000.00 | -8.12 | Unavailable | Inputs & filingsrevenue: 18406000000; operatingIncome: -1494000000; netIncome: Consolidated income including noncontrolling interests is not confirmed revenue (2024-02-28)operatingIncome (2024-02-28) |
| 2020-12-31 | 11,967,339,000.00 | -4.31 | Unavailable | Inputs & filingsrevenue: 11967339000; operatingIncome: -515994000; netIncome: Consolidated income including noncontrolling interests is not confirmed revenue (2023-03-01)operatingIncome (2023-03-01) |
| 2019-12-31 | 6,273,263,000.00 | -10.23 | Unavailable | Inputs & filingsrevenue: 6273263000; operatingIncome: -641923000; netIncome: Consolidated income including noncontrolling interests is not confirmed revenue (2022-03-03)operatingIncome (2022-03-03) |
Coupang, Inc. (CPNG) P/E ratio history
The interactive P/E chart contains all 292 stored weekly price points (2021-03-12–2026-10-08); 145 have an eligible basic or diluted ratio. Annual EPS is carried forward from its fiscal end. Use the P/E range bar or any other chart range bar to change all five chart windows.
Fiscal-year-end snapshots
3 eligible fiscal-year-end observations span 2023-12-31–2025-12-31. Latest eligible diluted P/E: 220.64×; basic P/E: 220.64×, for fiscal end 2025-12-31, using the close on 2025-12-26.
Annual P/E = eligible fiscal-year-end close ÷ reported annual EPS. This is retrospective annual P/E, not TTM or forward P/E. Why we use annual data. Missing or non-positive EPS and missing eligible prices produce unavailable ratios.
Explore the P/E chart and optional reference lines · How P/E history is calculated.
Complete annual P/E history (7 fiscal periods)
| Fiscal end | Price date | Close | Price basis | Basic P/E | Diluted P/E | EPS filings |
|---|---|---|---|---|---|---|
| 2025-12-31 | 2025-12-26 | 24.27 | Adjusted close | 220.64 | 220.64 | Basic EPS (2026-02-26) Diluted EPS (2026-02-26) |
| 2024-12-31 | 2024-12-27 | 22.52 | Adjusted close | 250.22 | 281.50 | Basic EPS (2026-02-26) Diluted EPS (2026-02-26) |
| 2023-12-31 | 2023-12-29 | 16.19 | Adjusted close | 21.30 | 21.59 | Basic EPS (2026-02-26) Diluted EPS (2026-02-26) |
| 2022-12-31 | 2022-12-30 | 14.71 | Adjusted close | Unavailable | Unavailable | Basic EPS (2025-02-25) Diluted EPS (2025-02-25) |
| 2021-12-31 | 2021-12-31 | 29.38 | Adjusted close | Unavailable | Unavailable | Basic EPS (2024-02-28) Diluted EPS (2024-02-28) |
| 2020-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Basic EPS (2023-03-01) Diluted EPS (2023-03-01) |
| 2019-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Basic EPS (2022-03-03) Diluted EPS (2022-03-03) |
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