eBay Inc (EBAY)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,278,000 | 2,692,000 | 3,556,000 | 3,513,000 | 3,707,000 | 3,505,000 | 1,790,000 | 778,000 | -1,601,000 | -3,591,000 | -3,103,000 | -1,975,000 | 398,000 | 2,668,000 | 2,990,000 | 3,534,000 | 3,376,000 | 2,901,000 | 2,411,000 | 1,973,000 |
| Revenue (ttm) | US$ in thousands | 10,283,000 | 10,255,000 | 10,179,000 | 10,147,000 | 10,101,000 | 10,060,000 | 9,940,000 | 9,822,000 | 9,795,000 | 9,898,000 | 10,019,000 | 10,265,000 | 10,420,000 | 10,675,000 | 10,432,000 | 10,101,000 | 9,592,000 | 9,545,000 | 9,370,000 | 9,456,000 |
| Pretax margin | 22.15% | 26.25% | 34.93% | 34.62% | 36.70% | 34.84% | 18.01% | 7.92% | -16.35% | -36.28% | -30.97% | -19.24% | 3.82% | 24.99% | 28.66% | 34.99% | 35.20% | 30.39% | 25.73% | 20.87% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,278,000K ÷ $10,283,000K
= 22.15%
eBay Inc's pretax margin has shown fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The pretax margin started at 20.87% in March 2020 and reached its peak at 36.70% by December 2023, reflecting an overall positive trend during the initial period. However, from March 2024 to December 2024, the pretax margin experienced a decline, ending at 22.15%.
Notably, eBay Inc's pretax margin exhibited significant volatility in the latter half of the period, with values ranging from -36.28% in September 2022 to 36.70% in December 2023. The negative pretax margins in some quarters indicate potential challenges or inefficiencies in the company's operations during those periods.
Overall, while eBay Inc demonstrated strong profitability with increasing pretax margins from 2020 to 2023, the subsequent decrease in 2024 suggests a need for the company to focus on sustaining and improving its profitability levels to ensure long-term financial health and competitiveness.
Peer comparison
Dec 31, 2024