Head-to-head · free
Coinbase vs Goldman Sachs
COIN vs GS — return on capital, cash generation, margins and balance sheet side by side.
COIN
3 / 7
measures where COIN leads
GS
4 / 7
measures where GS leads
A simple count of which company scores better on each measure — not a recommendation to buy or sell.
| Measure | COIN · FY2025 | GS · FY2025 |
|---|---|---|
| Revenue | $7.2B | $125.1B |
| Net income | $1.3B | $17.2B |
| Revenue growth (yearly, multi-year) | -2.2% | 17.8% |
| Free cash flow | $2.4B | (47.2B) |
| Free cash flow margin | 33.8% | -37.7% |
| Net cash / (debt) | $3.5B | (445.3B) |
| ROIC | 6.3% | — |
| Return on equity | 10.1% | 14.9% |
| Gross margin | 74.6% | — |
| Operating margin | 20.3% | — |
| Net debt / EBITDA | -2.23x | — |
Figures are as reported by each company; latest fiscal year shown.
Where Coinbase's cash went (FY2025)
- Capital spending
- $0
- Buybacks
- $790.2M
- Dividends
- $0
- Acquisitions
- $742.0M
- Net debt issued / (repaid)
- $3.0B
Where Goldman Sachs's cash went (FY2025)
- Capital spending
- $2.1B
- Buybacks
- $12.4B
- Dividends
- $5.3B
- Acquisitions
- $1.5B
- Net debt issued / (repaid)
- $19.0B
Ask which business is stronger
"Which one reinvests at higher returns?" "Who carries more risk in its filings?" Get answers drawn straight from both companies' filings.
Compare them free