eBay Inc (EBAY)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,278,000 | 3,707,000 | -1,601,000 | 398,000 | 3,345,000 |
| Revenue | US$ in thousands | 10,283,000 | 10,112,000 | 9,795,000 | 10,420,000 | 8,894,000 |
| Pretax margin | 22.15% | 36.66% | -16.35% | 3.82% | 37.61% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,278,000K ÷ $10,283,000K
= 22.15%
eBay Inc's pretax margin has shown varying trends over the past five years. In December 2020, the pretax margin was robust at 37.61%, reflecting strong profitability relative to its total revenue before accounting for taxes. However, by December 2021, there was a significant decline in the pretax margin to 3.82%, indicating a substantial decrease in profitability. This decline continued into December 2022, where the pretax margin was negative at -16.35%, signifying that the company's expenses and losses exceeded its revenue.
In December 2023, there was a notable recovery as the pretax margin improved to 36.66%, indicating a return to profitability levels similar to those seen in 2020. By December 2024, the pretax margin was at 22.15%, showing a positive trend in profitability but below the levels achieved in 2020 and 2023.
Overall, the pretax margin analysis reveals fluctuations in eBay Inc's profitability over the years, with significant swings from strong performance to periods of lower profitability and eventual recovery. Monitoring and analyzing such trends can provide valuable insights into the company's financial health and performance.
Peer comparison
Dec 31, 2024