eBay Inc (EBAY)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 6,396,000 | 5,153,000 | 9,778,000 | 3,561,000 | 2,870,000 |
| ROE | 43.26% | -24.63% | 139.17% | 159.14% | 62.23% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $2,767,000K ÷ $6,396,000K
= 43.26%
EBay Inc.'s return on equity (ROE) has displayed notable fluctuations over the past five years. In 2023, the ROE stood at 43.26%, indicating a strong profitability and efficiency in generating returns for its shareholders. This is a significant improvement from the negative ROE of -24.63% in 2022, which suggests that the company had challenges in utilizing its equity effectively to generate profits. The exceptionally high ROE of 139.17% in 2021 and 159.14% in 2020 reflects a period of robust performance, where the company was able to generate substantial profits relative to its shareholders' equity. The ROE of 62.23% in 2019 also indicates a healthy return on equity, albeit lower than the subsequent years. Overall, EBay Inc.'s ROE has shown variability, with recent years demonstrating stronger performance compared to the prior periods.
Peer comparison
Dec 31, 2023