eBay Inc (EBAY)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,941,000 | 2,096,000 | 2,209,000 | 2,216,000 | 2,350,000 | 2,473,000 | 2,567,000 | 2,774,000 | 2,923,000 | 2,896,000 | 2,896,000 | 2,928,000 | 2,652,000 | 2,378,000 | 2,124,000 | 1,918,000 | 1,946,000 | 1,770,000 | 1,918,000 | 1,766,000 |
| Total assets | US$ in thousands | 21,620,000 | 21,184,000 | 19,956,000 | 20,004,000 | 20,850,000 | 19,097,000 | 19,653,000 | 22,980,000 | 26,626,000 | 29,257,000 | 31,823,000 | 18,731,000 | 19,310,000 | 18,421,000 | 20,014,000 | 18,929,000 | 18,174,000 | 18,714,000 | 21,169,000 | 22,329,000 |
| Operating ROA | 8.98% | 9.89% | 11.07% | 11.08% | 11.27% | 12.95% | 13.06% | 12.07% | 10.98% | 9.90% | 9.10% | 15.63% | 13.73% | 12.91% | 10.61% | 10.13% | 10.71% | 9.46% | 9.06% | 7.91% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,941,000K ÷ $21,620,000K
= 8.98%
EBay Inc.'s operating return on assets (operating ROA) has shown significant fluctuations over the past eight quarters. In Q4 2023, the operating ROA stood at 8.98%, which was a decrease from the previous quarter's 11.32%. Despite this slight decline, the operating ROA remained relatively strong compared to the negative figures recorded in the same quarter of the previous year.
The operating ROA reached its lowest point in Q3 2022 at -20.94%, indicating a substantial loss generated from its operations relative to its total assets during that period. However, the company managed to improve its performance in subsequent quarters, gradually moving towards positive figures.
Overall, the trend in EBay Inc.'s operating ROA depicts a mix of volatility and recovery, with the company demonstrating efforts to enhance its operational efficiency and profitability over time. Investors and stakeholders should continue to monitor these metrics to gauge the company's financial performance and sustainability in the long run.
Peer comparison
Dec 31, 2023