eBay Inc (EBAY)

Operating return on assets (Operating ROA)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Operating income (ttm) US$ in thousands 2,318,000 2,282,000 2,142,000 2,111,000 2,038,000 2,096,000 2,209,000 2,216,000 2,350,000 2,473,000 2,567,000 2,774,000 2,923,000 2,912,000 2,912,000 2,944,000 2,668,000 2,610,000 2,356,000 2,150,000
Total assets US$ in thousands 19,365,000 19,915,000 20,378,000 21,418,000 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
Operating ROA 11.97% 11.46% 10.51% 9.86% 9.43% 9.89% 11.07% 11.08% 11.27% 12.95% 13.06% 12.07% 10.98% 9.95% 9.15% 15.72% 13.82% 14.17% 11.77% 11.36%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $2,318,000K ÷ $19,365,000K
= 11.97%

eBay Inc's operating return on assets (operating ROA) has shown fluctuations over the past few years. From March 31, 2020, to December 31, 2024, the operating ROA ranged from 9.15% to 15.72%. The trend indicates some variation in the company's ability to generate operating income relative to its total assets during different periods.

The highest operating ROA of 15.72% was recorded on March 31, 2021, indicating that eBay was able to generate significant operating income relative to its assets at that time. However, there was a decline to 9.15% on June 30, 2021, suggesting a temporary decrease in profitability efficiency.

From a broader perspective, the operating ROA figures generally demonstrate that eBay has been able to maintain a reasonable level of profitability in relation to its asset base. The metrics from the latter part of 2023 to 2024 show a slight increase in operating ROA, reaching a peak of 11.97% on December 31, 2024.

Overall, fluctuations in eBay's operating ROA can be influenced by various factors, such as changes in operating income, asset utilization, and overall efficiency in generating profits from the assets employed in the business. Investors and analysts may track these trends as part of assessing the company's operational performance and financial health.