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eBay EBAY EV / sales

EV / sales at other companies

Walmart
 logo
Walmart WMT
1.5×+0.3×
Amazon logo
AmazonAMZN
3.2×0.0×
Shopify logo
ShopifySHOP
12.4×-0.8×
Mercado Libre logo
Mercado LibreMELI
2.7×-1.9×
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
0.9×-1.3×
Booking Holdings Inc. logo
Booking Holdings Inc.BKNG
4.9×-1.4×

Other financials

Income statement

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Revenue$3.1B+19.5%
Gross profit$2.3B+21.1%
Operating income$611.0M0.0%
Net income$512.0M+2.6%
EPS (diluted)$1.12+6.7%

Balance sheet

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Cash & equivalents$4.2B+1.9%
Total debt$8.0B+4.6%
Total equity$4.4B-8.6%
Total assets$17.9B-5.6%

Cash flow

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Operating cash flow$969.0M+28.3%
CapEx$72.0M-35.1%
Free cash flow$897.0M+39.3%

Valuation

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Market cap$47.9B+29.2%
Enterprise value$51.62B+27.1%
P/E23.5×+5.3×
P/S4.1×+0.5×

Profitability

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Gross margin72%-0.1pp
Operating margin19.6%-2.7pp
Net margin17.6%-2.2pp

Returns & leverage

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Return on equity44.2%+7.5pp
Debt / equity1.8×+0.2×
Current ratio1.2×+0.1×

Where this comes from

Calculated from eBay’s reported figures.

Based on the most recent quarter.

The official record: eBay’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is eBay's EV / sales?
eBay (EBAY) reported EV / sales of 3.8× in Q1 2026.
How has eBay's EV / sales changed year-over-year?
eBay's EV / sales increased by 12.9% year-over-year, from 3.4× to 3.8×.
What is the long-term trend for eBay's EV / sales?
Over 4 years (2021 to 2025), eBay's EV / sales has grown at a -6.0% compound annual growth rate (CAGR), from 19.8× to 15.5×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.