eBay Inc (EBAY)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 5,158,000 | 5,420,000 | 5,525,000 | 6,273,000 | 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 |
| ROE | 38.29% | 37.27% | 48.71% | 42.05% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,975,000K ÷ $5,158,000K
= 38.29%
eBay Inc's return on equity (ROE) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROE was very high at the beginning of the period, reaching 221.28% in March 2020, and remained relatively high for the subsequent quarters. However, there was a noticeable decline in ROE from March 2021 to June 2022, dropping to single digits at 6.89% in June 2022.
Subsequently, ROE turned negative in December 2022 at -24.63%, indicating that the company's net income was not sufficient to cover the shareholders' equity investment. The negative trend reversed, and ROE started to recover, reaching 48.29% by December 31, 2024.
Overall, eBay Inc's ROE has experienced significant fluctuations, with periods of high profitability followed by challenges that impacted shareholder returns. It is essential for investors and analysts to closely monitor these fluctuations and understand the factors driving the changes in ROE to make informed investment decisions.
Peer comparison
Dec 31, 2024