eBay EBAY Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 72%-0.1pp | 71.7%-0.3pp | 71.9%-0.1pp | 72.1%+0.1pp | 72.1%0.0pp | |
| Operating margin | 19.6%-2.7pp | 20.5%-2.1pp | 20.7%-0.6pp | 21.3%+1.3pp | 22.3%+2.5pp | |
| Net margin | 17.6%-2.2pp | 18.3%-0.9pp | 20.3%+0.7pp | 20.8%-5.6pp | 19.7%-6.2pp | |
| EBITDA margin | 23.4%-1.8pp | 24.1%-1.6pp | 24.1%-0.5pp | 24.7%+1.3pp | 25.2%+1.7pp | |
| Returns | ||||||
| Return on equity | 44.2%+7.5pp | 42%+7.9pp | 43%+7.3pp | 42.5%-7.4pp | 36.7%-8.6pp | |
| Return on assets | 11.1%+1.0pp | 11%+1.4pp | 11.6%+1.7pp | 11.4%-2.0pp | 10.1%-2.7pp | |
| Return on invested capital | 24.2%+3.0pp | 19.4%-0.1pp | 20.9%+6.9pp | 19.8%+6.6pp | 21.2%+8.9pp | |
| Efficiency | ||||||
| Asset turnover | 0.6×+0.1× | 0.6×+0.1× | 0.6×+0.1× | 0.5×0.0× | 0.5×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.2×+0.1× | 1.1×-0.1× | 0.9×-0.3× | 1×-0.3× | 1.2×-0.8× | |
| Quick ratio | 1.2×+0.1× | 1.1×-0.1× | 0.9×-0.3× | 1×-0.3× | 1.2×-0.8× | |
| Cash ratio | 0.8×+0.1× | 0.7×+0.1× | 0.6×+0.2× | 0.5×+0.1× | 0.7×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 1.8×+0.2× | 1.8×0.0× | 1.8×+0.2× | 1.8×0.0× | 1.6×0.0× | |
| Debt-to-assets | 0.4×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.4×-0.1× | |
| Net debt / EBITDA | 1.4×0.0× | 1.8×-0.4× | 1.9×-0.6× | 2×-1.0× | 1.3×-1.6× | |
| Interest coverage | 9.2×+0.2× | 9.2×+0.3× | 8.9×+0.4× | 8.9×+1.1× | 9×+1.3× | |
| Per Share | ||||||
| Book value per share | $9.65-5.0% | $9.58-7.0% | $10.10-7.9% | $10.10-7.0% | $10.17-15.9% | |
| Valuation | ||||||
| Market capitalization | $40.78B+29.2% | $39.37B+32.7% | $41.56B+30.5% | $34.26B+27.1% | $31.56B+15.4% | |
| Enterprise value | $44.49B+27.1% | $44.24B+24.7% | $46.36B+21.6% | $39.37B+15.3% | $35.01B+1.7% | |
| Price / earnings | 20×+4.5× | 19.4×+4.4× | 19.1×+3.3× | 15.7×+5.7× | 15.5×+5.1× | |
| Price / sales | 3.5×+0.5× | 3.5×+0.7× | 3.9×+0.8× | 3.3×+0.6× | 3.1×+0.4× | |
| Price / book | 9.2×+2.7× | 8.8×+3.0× | 8.8×+2.9× | 7.2×+2.3× | 6.5×+2.2× | |
| EV / EBITDA | 16.4×+2.9× | 16.5×+3.1× | 17.9×+2.9× | 15.2×+0.9× | 13.5×-1.0× | |
| EV / sales | 3.8×+0.4× | 4×+0.5× | 4.3×+0.6× | 3.8×+0.4× | 3.4×0.0× | |
| Earnings yield | 5%-1.4pp | 5.1%-1.5pp | 5.2%-1.1pp | 6.4%-3.6pp | 6.5%-3.2pp | |
| Dividend yield | 1.3%-0.4pp | 1.3%-0.4pp | 1.3%-0.4pp | 1.5%-0.4pp | 1.7%-0.3pp | |
| PEG ratio | 101.7×— | 7.4×— | 2.4×— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are eBay's profit margins?
- eBay (EBAY) runs a 72.0% gross margin and a 19.6% operating margin, with a 17.6% net margin.
- Where do eBay's ratios come from?
- Every ratio is computed from eBay's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
