COIN vs RKT
Coinbase Global, Inc. and Rocket Companies, Inc., side by side — 7 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | COIN | RKT |
|---|---|---|
| Revenue | $7.2B | $6.7B |
| Net income | $1.3B | $-68.0M |
| Gross margin | · | · |
| Net margin | 17.6% | −3.5% |
| Return on equity | 10.1% | −0.4% |
| Diluted EPS | $4.45 | −$0.05 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | · | $-4.0B |
| Equity | $14.8B | · |
| Net debt / equity | −0.28× | 0.50× |
| Current ratio | 2.34× | · |
| Revenue CAGR 5y | 41.2% | −15.6% |
| Profit CAGR 5y | 31.4% | · |
COIN and RKT book revenue within 15% of each other, and RKT closed the last reported year at a loss.
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 | COIN | RKT |
|---|---|---|
| FY2025 | $7.2B | $6.7B |
| FY2024 | $6.6B | $5.1B |
| FY2023 | $3.1B | $3.8B |
| FY2022 | $3.2B | $5.8B |
| FY2021 | $7.8B | $12.9B |
| FY2020 | $1.3B | $15.7B |
| FY2019 | $533.7M | $5.1B |
Bottom line
| Fiscal year | COIN | RKT |
|---|---|---|
| FY2025 | $1.3B | $-68.0M |
| FY2024 | $2.6B | $29.0M |
| FY2023 | $94.9M | $-16.0M |
| FY2022 | $-2.6B | $46.4M |
| FY2021 | $3.6B | $308.2M |
| FY2020 | $322.3M | $198.0M |
| FY2019 | $-30.4M | $0 |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$486,325,000 | COIN |
| FY2024 | +$1,463,028,000 | COIN |
| FY2023 | −$690,617,000 | RKT |
| FY2022 | −$2,644,285,000 | RKT |
| FY2021 | −$5,075,022,000 | RKT |
| FY2020 | −$14,372,586,000 | RKT |
| FY2019 | −$4,535,367,000 | RKT |
The higher-revenue side has changed between COIN and RKT over this period. The gap has narrowed since the earliest year compared.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +21.0 pp | COIN |
| FY2024 | +26.8 pp | COIN |
| FY2023 | +13.3 pp | COIN |
| FY2022 | −94.2 pp | RKT |
| FY2021 | −0.8 pp | RKT |
| FY2020 | −34.8 pp | RKT |
| FY2019 | −23.4 pp | RKT |
The higher net margin has changed hands between COIN and RKT over this period.
7 of 8 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 RKT's over the 7 comparable fiscal years — 39.9 percentage points of standard deviation against 23.7.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between COIN and RKT over these 7 fiscal years — COIN led in 3 and RKT in 4.
7 of 8 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 RKT's over the 7 comparable fiscal years — 41.7 percentage points of standard deviation against 1.6.
7 of 8 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 COIN and RKT over these 7 fiscal years — COIN led in 5 and RKT in 2.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.