eBay EBAY Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 287.7%-0.4pp | 287.8%-0.4pp | 288.1%0.0pp | 288.2%0.0pp | 288.1%-0.4pp | |
| Operating margin | 82%-4.1pp | 84.7%+1.0pp | 86.8%+6.4pp | 87.4%+7.5pp | 86.2%+4.1pp | |
| Net margin | 77%-8.0pp | 79.2%-12.1pp | 80.1%-19.3pp | 79.4%— | 85%— | |
| EBITDA margin | 96.4%-2.6pp | 98.2%+0.9pp | 99.8%+5.0pp | 100.2%+5.2pp | 99%+1.0pp | |
| Returns | ||||||
| Return on equity | 171.7%+15.2pp | 164.2%-0.9pp | 156.3%-22.5pp | 149.1%— | 156.5%— | |
| Return on assets | 45%+2.1pp | 44%-1.5pp | 42.6%-6.3pp | 40.9%— | 42.9%— | |
| Return on invested capital | 84.3%+16.4pp | 81.3%+22.3pp | 81.4%+30.8pp | 74.5%+20.4pp | 67.9%+8.5pp | |
| Efficiency | ||||||
| Asset turnover | 2.3×+0.3× | 2.2×+0.2× | 2.1×+0.2× | 2.1×+0.1× | 2×0.0× | |
| Liquidity | ||||||
| Current ratio | 4.2×-0.7× | 4.2×-1.5× | 4.3×-2.6× | 4.7×-3.2× | 4.9×-4.1× | |
| Quick ratio | 4.2×-0.7× | 4.2×-1.5× | 4.3×-2.6× | 4.7×-3.2× | 4.9×-4.1× | |
| Cash ratio | 2.6×+0.5× | 2.5×+0.6× | 2.4×+0.5× | 2.2×+0.1× | 2.1×-0.3× | |
| Leverage | ||||||
| Debt-to-equity | 7.1×+0.4× | 6.9×+0.2× | 6.9×+0.5× | 6.7×+0.4× | 6.7×+0.7× | |
| Debt-to-assets | 1.8×0.0× | 1.8×0.0× | 1.8×0.0× | 1.8×0.0× | 1.8×+0.1× | |
| Net debt / EBITDA | 7×-2.0× | 7×-3.7× | 7.3×-3.9× | 8×-3.1× | 9×-1.2× | |
| Interest coverage | 36.2×+2.0× | 36×+3.1× | 35.7×+4.4× | 35.3×+4.2× | 34.3×+2.2× | |
| Per Share | ||||||
| Book value per share | $39.44-6.8% | $39.95-9.6% | $40.67-11.4% | $41.54-9.8% | $42.30-6.0% | |
| Valuation | ||||||
| Market capitalization | $155.97B+29.9% | $146.76B+26.7% | $137.06B+26.0% | $127.34B+26.8% | $120.04B+23.3% | |
| Enterprise value | $174.47B+22.2% | $164.98B+16.0% | $156.21B+15.0% | $147.98B+16.4% | $142.75B+16.6% | |
| Price / earnings | 74.2×+17.9× | 69.7×+18.6× | 65.3×+21.0× | 62×— | 56.3×— | |
| Price / sales | 14.2×+2.5× | 13.8×+2.4× | 13.1×+2.4× | 12.3×+2.4× | 11.7×+2.0× | |
| Price / book | 34×+11.0× | 31.3×+10.5× | 28.3×+9.6× | 25.4×+8.6× | 23.1×+6.6× | |
| EV / EBITDA | 66×+9.8× | 63.1×+5.9× | 60×+3.8× | 57.2×+4.3× | 56.3×+6.5× | |
| EV / sales | 15.9×+2.0× | 15.5×+1.6× | 14.9×+1.6× | 14.3×+1.8× | 13.9×+1.8× | |
| Earnings yield | 21.8%-7.7pp | 23.2%-9.4pp | 24.7%-13.5pp | 25.8%— | 29.4%— | |
| Dividend yield | 5.5%-1.7pp | 5.8%-1.6pp | 6.3%-1.7pp | 6.7%-1.8pp | 7.1%-1.5pp |
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.
