AFRM vs. COIN: Affirm vs. Coinbase Global Stock Comparison
How do Affirm (AFRM) and Coinbase Global (COIN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Affirm (AFRM) and Coinbase Global (COIN) both fall under the Financial Services industry group, but AFRM is classified in Financial Services while COIN is classified in Capital Markets.
| Profile Item | AFRM | COIN |
|---|---|---|
| Name | Affirm Holdings, Inc. | Coinbase Global Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Financial Services | Capital Markets |
| GICS Sub-Industry | Transaction & Payment Processing Services | Financial Exchanges & Data |
| Market Capitalization | 23.09 billion USD | 35.68 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | January 13, 2021 | April 14, 2021 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AFRM | COIN |
|---|---|---|
| Total Return (1Y) | -6.89% | -55.52% |
| Total Return (3Y, Annualized) | 40.23% | 13.98% |
| Total Return (5Y, Annualized) | -15.36% | -17.39% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AFRM | COIN |
|---|---|---|
| Volatility (1Y, Annualized) | 58.20% | 72.40% |
| Beta (5Y) | 3.70 | 3.33 |
| Max Drawdown (5Y) | -94.35% | -90.90% |
| Avg. Volume (3M) | 4.46M | 9.25M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AFRM | COIN |
|---|---|---|
| Sharpe Ratio (1Y) | -0.19 | -0.83 |
| Sortino Ratio (1Y) | -0.28 | -1.21 |
Profitability
ROE (TTM)
Coinbase Global (COIN) reports a negative ROE of -4.68%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Affirm (AFRM) reports 44.49%, ranking against industry peers normally.
AFRM
Financial Services industry group
44.49%
- Max
- 44.78%
- AFRM
- 44.49%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
COIN
Financial Services industry group
-4.68%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- COIN
- -4.68%
- Min
- -18.71%
Net Margin (TTM)
Coinbase Global (COIN) reports a negative net margin of -12.89%, usually indicating a net loss over the period. Meanwhile Affirm (AFRM) reports 43.86%, ranking against industry peers normally.
AFRM
Financial Services industry group
43.86%
- Max
- 62.84%
- AFRM
- 43.86%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
COIN
Financial Services industry group
-12.89%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- COIN
- -12.89%
- Min
- -28.52%
Operating Margin (TTM)
Coinbase Global (COIN) reports a negative operating margin of -1.42%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Affirm (AFRM) reports 14.82%, ranking against industry peers normally.
AFRM
Financial Services industry group
14.82%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- AFRM
- 14.82%
- Q1
- 14.60%
- Min
- -44.34%
COIN
Financial Services industry group
-1.42%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- Q1
- 14.60%
- COIN
- -1.42%
- Min
- -44.34%
Profitability Metrics
| Metric | AFRM | COIN |
|---|---|---|
| ROE (TTM) | 44.49% | -4.68% |
| ROA (TTM) | 2.42% | 0.01% |
| Net Margin (TTM) | 43.86% | -12.89% |
| Operating Margin (TTM) | 14.82% | -1.42% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Affirm (AFRM) at 32.15% sits in the top revenue growth quartile, while Coinbase Global (COIN) at 9.40% is closer to the peer norm — faster top-line expansion for AFRM.
EPS Growth
Affirm (AFRM) at 3,586.67% delivers above-range EPS growth, while Coinbase Global (COIN) at -53.06% falls into the bottom quartile — a wide split in earnings momentum.
Growth Metrics
| Metric | AFRM | COIN |
|---|---|---|
| Revenue Growth (YoY) | 32.15% | 9.40% |
| Revenue Growth (3Y CAGR) | 38.96% | 31.00% |
| EPS Growth (YoY) | 3,586.67% | -53.06% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Affirm (AFRM) in Financial Services and Coinbase Global (COIN) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Affirm (AFRM) in Financial Services and Coinbase Global (COIN) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | AFRM | COIN |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Neither Affirm (AFRM) nor Coinbase Global (COIN) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
AFRM
Financial Services industry group
0.00%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- AFRM
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
COIN
Financial Services industry group
0.00%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- COIN
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Affirm (AFRM) nor Coinbase Global (COIN) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
AFRM
Financial Services industry group
0.00%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- AFRM
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
COIN
Financial Services industry group
0.00%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- COIN
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AFRM | COIN |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Affirm (AFRM) trades at 11.80 times trailing earnings, ranked against its peers, while Coinbase Global (COIN) has no P/E ratio this period.
AFRM
Financial Services industry group
11.80
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- AFRM
- 11.80
- Q1
- 9.68
- Min
- 0.16
COIN
Financial Services industry group
--
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
- COIN
- --
P/S Ratio (TTM)
Both Affirm (AFRM) at 5.03 and Coinbase Global (COIN) at 6.56 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
AFRM
Financial Services industry group
5.03
- Max
- 9.23
- AFRM
- 5.03
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
COIN
Financial Services industry group
6.56
- Max
- 9.23
- COIN
- 6.56
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Coinbase Global (COIN) at 2.56 is valued about in line with its industry on P/B ratio, while Affirm (AFRM) at 4.01 carries an above-peer premium to book — AFRM is pricier on assets.
AFRM
Financial Services industry group
4.01
- Max
- 7.79
- AFRM
- 4.01
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
COIN
Financial Services industry group
2.56
- Max
- 7.79
- Q3
- 3.63
- COIN
- 2.56
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | AFRM | COIN |
|---|---|---|
| P/E Ratio (TTM) | 11.80 | -- |
| P/S Ratio (TTM) | 5.03 | 6.56 |
| P/B Ratio (MRQ) | 4.01 | 2.56 |
| Free Cash Flow Yield (TTM) | -- | -- |