eBay Inc (EBAY)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,767,000 | -1,269,000 | 13,608,000 | 5,667,000 | 1,786,000 |
| Total assets | US$ in thousands | 21,620,000 | 20,850,000 | 26,626,000 | 19,310,000 | 18,174,000 |
| ROA | 12.80% | -6.09% | 51.11% | 29.35% | 9.83% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $2,767,000K ÷ $21,620,000K
= 12.80%
EBay Inc.'s return on assets (ROA) has varied significantly over the past five years. In 2023, the ROA stands at 12.80%, indicating that the company generated a profit of $12.80 for every $100 in assets. This represents a positive turnaround from the previous year when the ROA was negative at -6.09%. In 2021, EBay achieved a notably high ROA of 51.11%, demonstrating strong profitability relative to its asset base. The ROA slightly decreased to 29.35% in 2020, but still remained at a healthy level. In 2019, the ROA was 9.83%, showing a stable performance in profitability during that period. Overall, EBay's ROA trend suggests fluctuations in profitability relative to its assets, with significant improvements in 2023 following a negative ROA in 2022.
Peer comparison
Dec 31, 2023