eBay Inc (EBAY)

Return on assets (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
Net income (ttm)	US$ in thousands	1,975,000	2,020,000	2,691,000	2,638,000	2,767,000	2,715,000	1,341,000	639,000	-1,269,000	28,000	361,000	11,626,000	13,608,000	12,484,000	12,884,000	2,896,000	5,667,000	5,378,000	5,024,000	4,680,000
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
ROA		10.20%	10.14%	13.21%	12.32%	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%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,975,000K ÷ $19,365,000K
= 10.20%

Based on the data provided, eBay Inc's return on assets (ROA) has experienced fluctuation over the period from March 31, 2020, to December 31, 2024.

The ROA increased from 24.72% as of March 31, 2020, reaching its peak at 51.11% on December 31, 2021. This indicates that eBay was generating higher returns relative to its total assets during this period. Subsequently, the ROA experienced a significant decline, dropping to 0.15% by September 30, 2022, and turning negative at -6.09% by December 31, 2022.

However, the company was able to recover from this decline, showing a gradual improvement in ROA in the following quarters. By June 30, 2024, the ROA had settled at 13.21%.

Overall, eBay Inc's ROA trend suggests that the company has been effectively utilizing its assets to generate profits, with some periods of fluctuation and challenges in maintaining consistent returns. It is important to monitor future ROA performance to assess the company's asset efficiency and profitability.