eBay Inc (EBAY)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 7,279,000 | 7,115,000 | 7,770,000 | 7,097,000 | 5,844,000 |
| Revenue | US$ in thousands | 10,112,000 | 9,795,000 | 10,420,000 | 8,894,000 | 7,429,000 |
| Gross profit margin | 71.98% | 72.64% | 74.57% | 79.80% | 78.66% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $7,279,000K ÷ $10,112,000K
= 71.98%
The gross profit margin of EBay Inc. has shown a declining trend over the past five years. The margin decreased from 76.78% in 2019 to 71.98% in 2023. This indicates that the company's ability to generate profit from its core business operations has weakened over this period. The downward trajectory suggests potential challenges in managing costs or pricing strategies, impacting the overall profitability of the company. This trend may warrant further investigation into the factors contributing to the declining gross profit margin in order to address underlying issues and potentially improve financial performance.
Peer comparison
Dec 31, 2023