COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
KBDC
Kayne Anderson BDC, Inc.
KBDC's fundamentals are mixed: earnings per share grew only 2.3%. At 7.3x earnings, it's trading in line with its usual 8.1x. Analysts expect earnings to hold roughly steady.
COIN Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| N/A | |
| N/A |
COIN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like COIN.
KBDC Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| N/A | |
| N/A |
KBDC's profitability is currently strong. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like KBDC.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
KBDC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 7.4x | $12.87 | — |
| Cheap | 7.7x | $13.51 | +5% |
| Forward | 8x | $12.87 | — |
| Fair | 8.1x | $14.22 | +11% |
| Expensive | 8.5x | $14.84 | +15% |
Historical ranges are pointers, not guarantees.
KBDC's PE is in its cheap range at 7.3x. On analysts' estimates for next year's earnings, today's price would be 8.0x, in its fair range.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect COIN's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
KBDC Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Stable | |
| Growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect KBDC's revenue to grow, but its profitability to weaken.
COIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.36 | — |
| Q3 2026 | -$2.77 | -124% |
| Q2 2026 | -$3.78 | -137% |
| Q1 2026 | $2.72 | -49% |
| Q4 2025 | $4.45 | -53% |
| Q3 2025 | $11.54 | +94% |
| Q2 2025 | $10.32 | +82% |
| Q1 2025 | $5.32 | +4.1% |
| Q4 2024 | $9.48 | +2462% |
COIN has swung to a loss: it lost $2.77 per share over the past year, after a profit the year before.
KBDC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.61 | -7.8% |
| Q3 2026 | $1.75 | +2.3% |
| Q2 2026 | $1.72 | -4.4% |
| Q1 2026 | $1.70 | -11% |
| Q4 2025 | $1.67 | -18% |
| Q3 2025 | $1.71 | -18% |
| Q2 2025 | $1.80 | -14% |
| Q1 2025 | $1.91 | -11% |
| Q4 2024 | $2.03 | -6% |
KBDC has the edge over COIN on earnings quality, reporting a profit while its opponent remains loss making.
COIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -35% |
| Q2 2026 | $1.2B | -19% |
| Q1 2026 | $1.4B | -31% |
| Q4 2025 | $1.8B | -22% |
| Q3 2025 | $1.9B | +55% |
| Q2 2025 | $1.5B | +3.3% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +138% |
COIN's revenue has slid since its 2021 peak: $1.2B last quarter, down 35% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.1% | -21 points |
| Q2 2026 | -9.3% | -7.7 points |
| Q1 2026 | -1.5% | -36 points |
| Q4 2025 | 15% | -30 points |
| Q3 2025 | 26% | +12 points |
| Q2 2025 | -1.6% | -25 points |
| Q1 2025 | 35% | -12 points |
| Q4 2024 | 46% | +33 points |
COIN's operating margin was 5.1% last quarter, down 21 points from the same quarter a year ago.
KBDC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2022 | $20.7M | +306% |
KBDC has the edge over COIN in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2022 | 70% | -29 points |
| Q2 2022 | 68% | N/A |
| Q1 2022 | 72% | N/A |
| Q4 2021 | 163% | N/A |
| Q3 2021 | 99% | N/A |
KBDC's operating margin was 70% last quarter, down 28 points from the same quarter a year ago.
COIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $405.5M | +$1.2B |
| Q2 2026 | $197.3M | -40% |
| Q1 2026 | $182.7M | +$365.5M |
| Q4 2025 | $3.1B | +218% |
| Q3 2025 | -$784.5M | -213% |
| Q2 2025 | $328.5M | -32% |
| Q1 2025 | -$182.7M | -144% |
| Q4 2024 | $964.6M | +$969.8M |
COIN's free cash flow was $3.9B over the past year, more than ten times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like COIN.
KBDC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $65.1M | +$118.8M |
| Q2 2026 | -$69.4M | -2950% |
| Q1 2026 | $39.8M | +$167M |
| Q4 2025 | $79.8M | +$128.9M |
| Q3 2025 | -$53.7M | +$63.9M |
| Q2 2025 | $2.4M | +$289.2M |
| Q1 2025 | -$127.2M | -$36.2M |
| Q4 2024 | -$49.1M | +$4.7M |
KBDC has the edge over COIN on cash flow, with more consistent year-over-year improvement.
COIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.3% | +24.6M shares |
| 1 year | -1.4% | -4M shares |
| 3 years | +21% | +50.7M shares |
| 5 years | +15% | +37.4M shares |
| Available history | +330% | +221M shares |
COIN has 288M diluted shares, down 1.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.3M |
| Q2 2026 | $181.3M |
| Q1 2026 | $1.1B |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | $10.5M |
KBDC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -306K shares |
| 1 year | -6.2% | -4.4M shares |
| 3 years | +63% | +25.5M shares |
KBDC has the edge over COIN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3.6M |
| Q2 2026 | $3.8M |
| Q1 2026 | $21.4M |
| Q4 2025 | $24.9M |
| Q1 2025 | $384,000 |
| Q4 2024 | $418,000 |
| Q3 2022 | — |
| Q2 2022 | — |
KBDC spent $54M buying back its own shares over the past year.
COIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.4x | Net Cash |
| Q2 2026 | -2.5x | Net Cash |
| Q1 2026 | -2.8x | Net Cash |
| Q4 2025 | -2.3x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
COIN has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like COIN.
KBDC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2022 | 10.0x | High |
| Q2 2022 | 9.6x | High |
KBDC's net debt is about 10 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like KBDC.
COIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.3 | Neutral |
| Stochastic | 5.0 | Oversold |
COIN's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
KBDC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.7 | Neutral |
| Stochastic | 28.5 | Neutral |
KBDC's weekly RSI is 44 (neutral) and its Stochastic is 28 (neutral).
COIN PE vs Financial Services Sector
| Metric | COIN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
COIN has no meaningful PE right now: it lost money over the past year.
KBDC PE vs Financial Services Sector
| Metric | KBDC | Sector median | Relative |
|---|---|---|---|
| PE | 7.4x | 13x | 44% below |
| PE % | 3 | 27 | 24 pts below |
KBDC is trading at 7.3x earnings, a 44% discount to the Financial Services sector's median of 13x.
COIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $163.0 | 20% below |
| 20 week MA | $165.6 | 21% below |
| 50 week MA | $184.4 | 29% below |
| 100 week MA | $232.8 | 44% below |
| 200 week MA | $190.3 | 31% below |
KBDC has stronger trend alignment. COIN is above 0 of 5 weekly averages versus KBDC above 1 of 4.
KBDC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.7 | 1.4% above |
| 20 week MA | $13.2 | 2.2% below |
| 50 week MA | $13.9 | 7.2% below |
| 100 week MA | $14.8 | 13% below |
KBDC has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 13% below its 100-week average.
COIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $342.0 | $268.2 | -22% |
| 2022 | $268.2 | $35.5 | -87% |
| 2023 | $35.5 | $173.9 | +390% |
| 2024 | $173.9 | $265.7 | +53% |
| 2025 | $265.7 | $236.9 | -11% |
| 2026 YTD | $236.9 | $130.7 | -45% |
COIN's yearly returns have swung widely, from +390% in 2023 to −87% in 2022. It's down 45% so far in 2026.
KBDC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $16.1 | $16.8 | +4% |
| 2025 | $16.8 | $14.8 | -12% |
| 2026 YTD | $14.8 | $12.9 | -13% |
KBDC has the edge over COIN on returns for 2026, with the stronger performance.