eBay Inc (EBAY)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 1,786,000 | 1,990,000 | 2,401,000 | 2,641,000 |
| Total stockholders’ equity | US$ in thousands | 6,396,000 | 5,899,000 | 5,268,000 | 5,387,000 | 5,153,000 | 4,853,000 | 5,243,000 | 7,054,000 | 9,778,000 | 10,945,000 | 13,016,000 | 3,770,000 | 3,561,000 | 2,920,000 | 2,902,000 | 2,115,000 | 2,870,000 | 3,270,000 | 4,106,000 | 5,203,000 |
| 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% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,767,000K ÷ $6,396,000K
= 43.26%
The return on equity (ROE) for EBay Inc. has varied significantly over the past eight quarters. In Q1 2022, the ROE was exceptionally high at 164.81%, reflecting strong profitability relative to the shareholders' equity invested. However, this was followed by a downward trend, with negative ROE in Q4 2022, indicating a loss during that period.
Subsequently, there was a gradual improvement in ROE, reaching 11.86% in Q1 2023. The trend continued with further increases in Q2 and Q3 2023, reaching 25.46% and 46.02%, respectively. The most recent data for Q4 2023 shows a ROE of 43.26%, demonstrating a consistent improvement in profitability.
Overall, the fluctuation in ROE over the quarters suggests that EBay Inc. has experienced varying levels of profitability and efficiency in generating returns for its shareholders. It is important for stakeholders to monitor these trends to assess the company's operational performance and financial health.
Peer comparison
Dec 31, 2023