eBay Inc (EBAY)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,767,000 | 2,715,000 | 1,341,000 | 639,000 | -1,269,000 | 28,000 | 361,000 | 11,626,000 | 13,608,000 | 12,484,000 | 12,884,000 | 2,896,000 | 5,667,000 | 5,378,000 | 5,024,000 | 4,680,000 | 1,786,000 | 1,990,000 | 2,401,000 | 2,641,000 |
| Revenue (ttm) | US$ in thousands | 10,112,000 | 10,060,000 | 9,940,000 | 9,822,000 | 9,795,000 | 9,898,000 | 10,019,000 | 10,265,000 | 10,420,000 | 10,285,000 | 10,042,000 | 9,711,000 | 9,042,000 | 8,249,000 | 8,074,000 | 7,914,000 | 8,127,000 | 8,960,000 | 9,526,000 | 9,989,000 |
| Net profit margin | 27.36% | 26.99% | 13.49% | 6.51% | -12.96% | 0.28% | 3.60% | 113.26% | 130.60% | 121.38% | 128.30% | 29.82% | 62.67% | 65.20% | 62.22% | 59.14% | 21.98% | 22.21% | 25.20% | 26.44% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,767,000K ÷ $10,112,000K
= 27.36%
EBay Inc.'s net profit margin has shown significant fluctuations over the past eight quarters. The company experienced a positive net profit margin in the most recent quarters, with Q4 2023 and Q3 2023 showing strong margins of 27.36% and 26.99%, respectively. This indicates that EBay has been able to efficiently control its expenses and generate higher profits relative to its revenue during these periods.
However, the net profit margin dropped sharply in Q2 2023 to 13.49% and further decreased to 6.51% in Q1 2023. These lower margins suggest that the company may have faced challenges in managing its costs or experienced a decrease in revenue during these quarters.
Notably, EBay reported negative net profit margins in Q4 2022 and Q2 2022, indicating that the company incurred a net loss during these periods. The significant variance in margins across consecutive quarters reflects the volatility in EBay's profitability.
The exceptional net profit margin of 117.67% in Q1 2022 appears to be an anomaly or may have been influenced by extraordinary factors. Overall, the fluctuating trend in EBay's net profit margin highlights the importance of closely monitoring the company's financial performance and assessing the factors driving these changes.
Peer comparison
Dec 31, 2023