Head-to-head · free
Coinbase vs Mastercard
COIN vs MA — return on capital, cash generation, margins and balance sheet side by side.
COIN
1 / 9
measures where COIN leads
MA
8 / 9
measures where MA leads
A simple count of which company scores better on each measure — not a recommendation to buy or sell.
| Measure | COIN · FY2025 | MA · FY2025 |
|---|---|---|
| Revenue | $7.2B | $32.8B |
| Net income | $1.3B | — |
| Revenue growth (yearly, multi-year) | -2.2% | 14.8% |
| Free cash flow | $2.4B | $17.2B |
| Free cash flow margin | 33.8% | 52.3% |
| Net cash / (debt) | $3.5B | — |
| ROIC | 6.3% | 57.6% |
| Return on equity | 10.1% | 210.5% |
| Gross margin | 74.6% | 77.9% |
| Operating margin | 20.3% | 59.5% |
| Net debt / EBITDA | -2.23x | 0.42x |
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 Mastercard's cash went (FY2025)
- Capital spending
- $489.0M
- Buybacks
- —
- Dividends
- —
- Acquisitions
- —
- Net debt issued / (repaid)
- —
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