eBay Inc (EBAY)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 71.98% | 72.13% | 72.37% | 72.60% | 72.64% | 72.79% | 72.81% | 73.38% | 74.57% | 75.65% | 77.06% | 78.90% | 78.49% | 83.00% | 81.99% | 79.91% | 79.98% | 79.01% | 79.44% | 79.95% |
| Operating profit margin | 19.20% | 20.83% | 22.22% | 22.56% | 23.99% | 24.98% | 25.62% | 27.02% | 28.05% | 28.16% | 28.84% | 30.15% | 29.33% | 28.83% | 26.31% | 24.24% | 23.94% | 19.75% | 20.13% | 17.68% |
| Pretax margin | 36.58% | 34.81% | 18.00% | 7.97% | -16.29% | -7.32% | -2.57% | 110.14% | 132.00% | 128.54% | 135.63% | 38.94% | 72.23% | 71.90% | 67.90% | 63.04% | 25.85% | 20.64% | 25.53% | 26.37% |
| 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% |
EBay Inc.'s profitability ratios indicate a fluctuating but generally positive trend over the past eight quarters.
- The gross profit margin has shown a slight decrease from Q2 2022 to Q4 2023 but has remained above 70% throughout the period, reflecting the company's ability to generate revenue after accounting for the cost of goods sold.
- The operating profit margin has been volatile, with a sharp increase in Q3 2023 followed by a decline in Q4 2023. However, the margins have generally improved since Q2 2022, indicating better control over operating expenses and more efficient operations.
- The pretax margin has shown significant variability, reaching a peak in Q4 2023. The positive trend from negative margins in Q2 2022 to positive margins in Q4 2023 suggests improved profitability at the operating level.
- The net profit margin has shown a stark improvement, starting from negative margins in Q2-Q3 2022 to positive margins in Q1 2022 and increasing over subsequent quarters. Although there was a minor drop in Q2 2023, the margins rebounded in Q3-Q4 2023, indicating effective cost management and enhanced profitability.
Overall, EBay Inc.'s profitability ratios demonstrate a positive trend in the recent quarters, with improving margins reflecting the company's operational efficiency and financial performance. However, the fluctuations in certain margins highlight the need for continuous monitoring and strategic decision-making to sustain profitability in the future.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 12.80% | 12.82% | 6.72% | 3.19% | -6.09% | 0.15% | 1.84% | 50.59% | 51.11% | 42.67% | 40.49% | 15.46% | 29.35% | 29.19% | 25.10% | 24.72% | 9.83% | 10.63% | 11.34% | 11.83% |
| Return on total capital | 14.52% | 35.53% | 41.93% | 41.14% | 18.25% | 50.96% | 48.96% | 39.33% | 16.70% | 26.46% | 22.25% | 77.67% | 23.47% | 81.44% | 73.19% | 19.49% | 20.25% | 16.85% | 16.90% | 13.69% |
| Return on equity (ROE) | 43.26% | 46.02% | 25.46% | 11.86% | -24.63% | 0.58% | 6.89% | 164.81% | 139.17% | 114.06% | 98.99% | 76.82% | 159.14% | 184.18% | 173.12% | 221.28% | 62.23% | 60.86% | 58.48% | 50.76% |
EBay Inc.'s profitability ratios indicate a mixed performance over the past eight quarters. The Operating Return on Assets (Operating ROA) has shown fluctuations, ranging from -20.94% in Q3 2022 to a high of 11.32% in Q3 2023, indicating variations in the company's operational efficiency.
The Return on Assets (ROA) also fluctuated, with a high of 12.82% in Q3 2023 and a low of -6.09% in Q4 2022. This ratio reflects EBay's ability to generate profits from its total assets, with recent quarters showing improved performance.
The Return on Total Capital has similarly varied, indicating how well EBay is utilizing both debt and equity to generate returns. The highest return was recorded in Q3 2023 at 17.61%, while the lowest was -31.78% in Q3 2022.
The Return on Equity (ROE) demonstrates how effectively EBay is generating profits from shareholders' equity. The ratio ranged from -24.63% in Q4 2022 to a high of 164.81% in Q1 2022, indicating significant fluctuations in profitability relative to shareholders' investments.
Overall, EBay's profitability ratios suggest some volatility in its financial performance, with improvements in recent quarters but historical challenges in generating consistent returns. Investors may keenly monitor these ratios to assess EBay's financial health and performance sustainability.