eBay Inc (EBAY)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,767,000 | -1,269,000 | 13,608,000 | 5,667,000 | 1,786,000 |
| Revenue | US$ in thousands | 10,112,000 | 9,795,000 | 10,420,000 | 8,894,000 | 7,429,000 |
| Net profit margin | 27.36% | -12.96% | 130.60% | 63.72% | 24.04% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $2,767,000K ÷ $10,112,000K
= 27.36%
EBay Inc.'s net profit margin has varied significantly over the past five years. In 2023, the net profit margin stands at a strong 27.36%, indicating that the company is efficiently converting revenue into profit. This is a notable improvement compared to the previous year, 2022, when the net profit margin was negative at -12.96%.
The sharp increase from a negative net profit margin in 2022 to a positive one in 2023 suggests improved operational efficiencies and cost management. The exceptionally high net profit margin of 130.60% in 2021 could be an outlier or influenced by unique factors such as one-time gains. In 2020 and 2019, the net profit margins were 55.17% and 16.54%, respectively, showing a moderate level of profitability.
Overall, EBay Inc. has demonstrated varying levels of profitability over the years, with a substantial improvement in 2023. It is essential for investors and stakeholders to consider the trends in the net profit margin alongside other financial metrics for a comprehensive analysis of the company's financial performance.
Peer comparison
Dec 31, 2023