BFH vs COIN
Bread Financial Holdings, Inc. and Coinbase Global, Inc., side by side — 7 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BFH | COIN |
|---|---|---|
| Revenue | $3.8B | $7.2B |
| Net income | $518.0M | $1.3B |
| Gross margin | · | · |
| Net margin | 13.5% | 17.6% |
| Return on equity | 16.2% | 10.1% |
| Diluted EPS | $10.89 | $4.45 |
| Dividend / share | $0.86 | · |
| Payout ratio | 7.7% | · |
| Free cash flow | · | · |
| Equity | $3.3B | $14.8B |
| Net debt / equity | 0.21× | −0.28× |
| Current ratio | · | 2.34× |
| Revenue CAGR 5y | 3.1% | 41.2% |
| Profit CAGR 5y | 19.3% | 31.4% |
COIN bills 1.9× the revenue of BFH, and keeps more of each dollar of revenue as profit (17.6% against 13.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
7 years side by side
| Fiscal year | BFH | COIN |
|---|---|---|
| FY2025 | $3.8B | $7.2B |
| FY2024 | $3.8B | $6.6B |
| FY2023 | $4.3B | $3.1B |
| FY2022 | $3.8B | $3.2B |
| FY2021 | $3.3B | $7.8B |
| FY2020 | $3.3B | $1.3B |
| FY2019 | $4.0B | $533.7M |
Bottom line
| Fiscal year | BFH | COIN |
|---|---|---|
| FY2025 | $518.0M | $1.3B |
| FY2024 | $277.0M | $2.6B |
| FY2023 | $718.0M | $94.9M |
| FY2022 | $223.0M | $-2.6B |
| FY2021 | $801.0M | $3.6B |
| FY2020 | $214.0M | $322.3M |
| FY2019 | $278.0M | $-30.4M |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$3,336,325,000 | COIN |
| FY2024 | −$2,726,028,000 | COIN |
| FY2023 | +$1,180,617,000 | BFH |
| FY2022 | +$631,792,000 | BFH |
| FY2021 | −$4,567,444,000 | COIN |
| FY2020 | +$2,020,519,000 | BFH |
| FY2019 | +$3,516,265,000 | BFH |
The higher-revenue side has changed between BFH and COIN over this period. The gap has narrowed since the earliest year compared.
7 of 18 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −4.1 pp | COIN |
| FY2024 | −32.1 pp | COIN |
| FY2023 | +13.7 pp | BFH |
| FY2022 | +88.0 pp | BFH |
| FY2021 | −21.7 pp | COIN |
| FY2020 | −18.7 pp | COIN |
| FY2019 | +12.6 pp | BFH |
The higher net margin has changed hands between BFH and COIN over this period.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
COIN's net margin has been more volatile than BFH's over the 7 comparable fiscal years — 39.9 percentage points of standard deviation against 6.5.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BFH and COIN over these 7 fiscal years — BFH led in 3 and COIN in 4.
7 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
COIN's return on equity has been more volatile than BFH's over the 7 comparable fiscal years — 41.7 percentage points of standard deviation against 11.6.
7 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BFH and COIN over these 7 fiscal years — BFH led in 4 and COIN in 3.
7 of 18 comparable fiscal years — a year missing data on either side is not counted.