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Circle Internet Group (CRCL)
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Circle Internet Group (CRCL) Enterprise Value (EV): $-56.57B

The enterprise value (EV) for Circle Internet Group (CRCL) is $-56.57B as of Monday, June 15, 2026.

CRCL Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$-56.57B

Enterprise Value Calculation

Market Cap

$20.81B

+

Total Debt

$36.82M

Cash

$77.42B

=

Enterprise Value

$-56.57B

EV-Based Valuation Multiples

EV/EBITDA

Not meaningful

EV/Sales

Not meaningful

EV/FCF

Not meaningful

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Circle Internet Group Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Circle Internet Group Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Circle Internet Group (CRCL)?
The enterprise value (EV) for CRCL stock is $-56.57B.

About Circle Internet Group

Circle Internet Group, Inc. establishes and maintains the core infrastructure for stablecoin and blockchain-based applications, functioning as a foundational platform and network for this innovative financial technology. The company offers an extensive array of stablecoin products and services, empowering organizations to harness the benefits of digital currencies and the evolving internet-driven financial ecosystem. Notably, it is a prominent issuer of a stablecoin pegged to the U.S. dollar. Its robust digital asset network encompasses proprietary Circle stablecoins, tokenized investment funds, liquidity provision, payment processing solutions, and comprehensive support for both developers and system integration. Founded in 2013, the firm maintains its headquarters in New York, New York.

New York, NY
900 employees
Financial Services / Financial - Capital Markets
Sector
Financial Services
Industry
Financial - Capital Markets
CEO
Jeremy D. Allaire