Employing the first-principles calculations within density functional theory (DFT) combined with the nonequilibrium Green's function, we investigated the interfacial electronic, magnetic, and spin transport properties of Mn 2 CoAl/Ag/Mn 2 CoAl current-perpendicular-to-plane spin valves (CPP-SV). Due to the interface rehybridization, the magnetic moment of the interface atom gets enhanced. Further analysis on electronic structures reveals that owing to the interface states, the interface spin polarization is decreased. The largest interface spin polarization (ISP) of 78% belongs to the MnCo T -terminated interface, and the ISP of the MnMn T1 -terminated interface is also as high as 45%. The transmission curves of Mn 2 CoAl/Ag/Mn 2 CoAl reveal that the transmission coefficient at the Fermi level in the majority spin channel is much higher than that in the minority spin channel. Furthermore, the calculated magnetoresistance (MR) ratio of the MnCo T -terminated interface reaches up to 2886%, while that of the MnMn T1 -terminated interface is only 330%. Therefore, Mn 2 CoAl/Ag/Mn 2 CoAl CPP-SV with an MnCo-terminated interface structure has a better application in a spintronics device.