EB
EBAY.O
—
NASDAQ
Online Services
eBay Inc
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Last 30 days
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Mcap
48,5B USD
P/E
24,6x
EV / Rev
4,8x
Div yield
1,19 %
Op margin
21,3 %
ROE
4,0 %
Net margin
8,7 %
Debt / equity
1,40
52w range
—
Volume
29,1k
Day range
$110,76–$115,93
Prev close
$115,31
Open
$114,91
TR 1Y
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About
eBay Inc operates as an online marketplace for consumer goods, connecting buyers and sellers through its auction and fixed-price platforms.
Business. eBay Inc (EBAY.O) is a technology company operating in the online services industry. The firm is listed under the ticker symbol EBAY.O. The provided data does not specify the company's headquarters location or distinct operating segments.
Classification. eBay is classified under the Technology sector, Software & IT Services business sector, and Online Services industry with 92% confidence.
Generated · model-assisted
Analyst consensus
HOLD35 analysts
10 buy23 hold2 sell
Avg 12m price target104,34
Analyst recommendations
35 analysts · consensus HoldBuy10
Hold23
Sell2
12-month price target
104,34
Consensus of sell-side coverage.
Upcoming events
At a glance
Score
59
composite score
Valuation
24,6x
P/E
Analysts
Hold
35 analysts · indicative
Ownership
AMERIPRISE FINANCIAL INC
largest disclosed fund holder
Profitability
4,0 %
return on equity
Quality
59
quality score (0-100)
Key takeaways
- eBay's capital structure is moderately leveraged, with a debt-to-equity ratio of 1.4.
- The company's profitability metrics, such as ROE and ROA, are below the industry median.
- eBay's revenue is heavily concentrated in the United States, which could be a risk in a globalized economy.
- The company's growth trajectory is expected to be modest, with a focus on maintaining market position through innovation.
- eBay's liquidity position is adequate, but the company's net cash position is negative after subtracting total debt.
Composite-score breakdown
EPS surprise
−9,8 %
reported vs consensus · miss
Revenue surprise
−8,5 %
reported vs consensus · miss
Financial snapshot
PeriodLatest reported
CurrencyUSD
Revenue$2.57B
Gross profit$1.84B
Operating income$549.0M
Net income$224.0M
R&D—
SG&A—
D&A—
SBC—
Operating cash flow$982.0M
CapEx-$232.0M
Free cash flow$79.0M
Total assets$20.38B
Total liabilities$14.85B
Total equity$5.53B
Cash & equivalents$1.96B
Long-term debt$7.72B
Annual history
PeriodRevenueOp IncomeNet IncomeFCF
FY-4$10.42B$2.92B$13.61B-$164.0M
FY-3$9.79B$2.35B-$1.27B-$1.76B
FY-2$10.11B$1.94B$2.77B$2.27B
FY-1$10.28B$2.32B$1.98B$1.40B
FY0$11.10B$2.28B$2.03B$1.39B
PeriodGross %Op %Net %FCF %
FY-474.6%28.1%130.6%-1.6%
FY-372.6%24.0%-13.0%-18.0%
FY-272.0%19.2%27.4%22.4%
FY-172.0%22.5%19.2%13.6%
FY071.5%20.5%18.3%12.5%
PeriodAssetsEquityCashDebt
FY-4$26.63B$9.78B$1.38B—
FY-3$20.85B$5.15B$2.15B—
FY-2$21.62B$6.40B$1.99B—
FY-1$19.36B$5.16B$2.43B—
FY0$17.61B$4.62B$1.87B—
PeriodOCFCapExFCFSBC
FY-4$2.66B-$444.0M-$164.0M—
FY-3$2.25B-$449.0M-$1.76B—
FY-2$2.43B-$456.0M$2.27B—
FY-1$2.41B-$458.0M$1.40B—
FY0$1.96B-$525.0M$1.39B—
Quarterly history
PeriodRevenueOp IncomeNet IncomeFCF
FQ-7$2.57B$549.0M$224.0M$79.0M
FQ-6$2.58B$595.0M$634.0M$488.0M
FQ-5$2.58B$543.0M$679.0M$514.0M
FQ-4$2.58B$611.0M$499.0M$308.0M
FQ-3$2.73B$484.0M$368.0M$176.0M
FQ-2$2.82B$576.0M$632.0M$440.0M
FQ-1$2.96B$601.0M$528.0M$392.0M
FQ0$3.09B$611.0M$512.0M$394.0M
PeriodGross %Op %Net %FCF %
FQ-771.4%21.3%8.7%3.1%
FQ-671.8%23.1%24.6%18.9%
FQ-572.2%21.1%26.3%19.9%
FQ-473.0%23.6%19.3%11.9%
FQ-371.6%17.7%13.5%6.4%
FQ-270.9%20.4%22.4%15.6%
FQ-171.4%20.3%17.8%13.2%
FQ074.0%19.8%16.6%12.8%
PeriodAssetsEquityCashDebt
FQ-7$20.38B$5.53B$1.96B—
FQ-6$19.91B$5.42B$1.59B—
FQ-5$19.36B$5.16B$2.43B—
FQ-4$18.95B$4.95B$3.03B—
FQ-3$17.96B$4.75B$2.07B—
FQ-2$17.79B$4.72B$2.42B—
FQ-1$17.61B$4.62B$1.87B—
FQ0$17.89B$4.41B$2.89B—
PeriodOCFCapExFCFSBC
FQ-7$982.0M-$232.0M$79.0M—
FQ-6$1.74B-$341.0M$488.0M—
FQ-5$2.41B-$458.0M$514.0M—
FQ-4$755.0M-$111.0M$308.0M—
FQ-3$480.0M-$277.0M$176.0M—
FQ-2$1.38B-$408.0M$440.0M—
FQ-1$1.96B-$525.0M$392.0M—
FQ0$969.0M-$72.0M$394.0M—
In focus — financials by report
Q1 2026USD
Revenue$3.09B+19,5 % YoY
Operating income$611.0M0,0 % YoY
Net income$512.0M+2,6 % YoY
Free cash flow$394.0M+27,9 % YoY
Operating cash flow$969.0M+28,3 % YoY
CapEx-$72.0M
Q4 2025USD
Revenue$2.96B+15,0 % YoY
Operating income$601.0M+10,7 % YoY
Net income$528.0M−22,2 % YoY
Free cash flow$392.0M−23,7 % YoY
Operating cash flow$1.96B−18,9 % YoY
CapEx-$525.0M
Q3 2025USD
Revenue$2.82B+9,5 % YoY
Operating income$576.0M−3,2 % YoY
Net income$632.0M−0,3 % YoY
Free cash flow$440.0M−9,8 % YoY
Operating cash flow$1.38B−20,8 % YoY
CapEx-$408.0M
Q2 2025USD
Revenue$2.73B+6,1 % YoY
Operating income$484.0M−11,8 % YoY
Net income$368.0M+64,3 % YoY
Free cash flow$176.0M+122,8 % YoY
Operating cash flow$480.0M−51,1 % YoY
CapEx-$277.0M
Q1 2025USD
Revenue$2.58B
Operating income$611.0M
Net income$499.0M
Free cash flow$308.0M
Operating cash flow$755.0M
CapEx-$111.0M
Q4 2024USD
Revenue$2.58B
Operating income$543.0M
Net income$679.0M
Free cash flow$514.0M
Operating cash flow$2.41B
CapEx-$458.0M
Q3 2024USD
Revenue$2.58B
Operating income$595.0M
Net income$634.0M
Free cash flow$488.0M
Operating cash flow$1.74B
CapEx-$341.0M
Q2 2024USD
Revenue$2.57B
Operating income$549.0M
Net income$224.0M
Free cash flow$79.0M
Operating cash flow$982.0M
CapEx-$232.0M
FY 2026USD
Revenue$11.10B+8,0 % YoY
Operating income$2.28B−1,8 % YoY
Net income$2.03B+2,8 % YoY
Free cash flow$1.39B−0,9 % YoY
Operating cash flow$1.96B−18,9 % YoY
CapEx-$525.0M
P&L flow
FY 2025USD
Revenue$10.28B+1,7 % YoY
Operating income$2.32B+19,4 % YoY
Net income$1.98B−28,6 % YoY
Free cash flow$1.40B−38,4 % YoY
Operating cash flow$2.41B−0,5 % YoY
CapEx-$458.0M
FY 2024USD
Revenue$10.11B+3,2 % YoY
Operating income$1.94B−17,4 % YoY
Net income$2.77B+318,1 % YoY
Free cash flow$2.27B+228,7 % YoY
Operating cash flow$2.43B+7,6 % YoY
CapEx-$456.0M
FY 2023USD
Revenue$9.79B−6,0 % YoY
Operating income$2.35B−19,6 % YoY
Net income-$1.27B−109,3 % YoY
Free cash flow-$1.76B−973,8 % YoY
Operating cash flow$2.25B−15,2 % YoY
CapEx-$449.0M
Valuation TTM
Market price$109,32
Market cap$50.28B
Enterprise value$56.04B
P/E24.6
EV/Revenue4.8
EV/Op income24.7
EV/OCF57.1
P/B9.1
P/Tangible book9.1
Tangible book$5.53B
Net cash-$5.76B
Current ratio1.2
Debt/Equity1.4
ROA1.1%
ROE4.0%
Cash conversion438.0%
CapEx/Revenue-9.0%
Dilution ratio0.0%
Gross margin71.4%
Operating margin21.3%
Net margin8.7%
EV/EBITDA24.7
Net debt/EBITDA10.5
ROIC4.1%
Dividend yield1.2%
Quick ratio1.3
Revenue by segment
Market position
Benchmarks vs cohort
Op Margin21,3 %Above P75
Net Margin8,7 %Above median
ROE4,0 %Above median
Capex / Rev-9,0 %Bottom quartile
D/E1,40Bottom quartile
Cash Conv4,38Best in class
Consensus distribution
sell-side coverageRecommendation distribution35 analysts
Strong buy2
Buy8
Hold23
Sell1
Strong sell1
12-month price target$104,34 · Median $104,50
Low $65,00High $132,00
Sector1D1Mvs mkt
Materials+1,6 %+0,7 %+1,9 %
Energy+1,3 %+6,0 %+1,6 %
Health Care+0,6 %−0,3 %+0,9 %
Consumer Discretionary+0,4 %+5,9 %+0,7 %
Financials−0,2 %−3,5 %+0,1 %
Information Technology · THIS SECTOR−0,4 %+5,0 %−0,1 %
Real Estate−0,7 %+10,8 %−0,3 %
Consumer Staples−1,0 %+4,4 %−0,6 %
Utilities−1,5 %−21,2 %−1,1 %
Industrials−1,7 %−2,4 %−1,4 %
Communication Services———
Bull / Bear case
Generated · model-assistedBULL CASE · 1
Cash conversion of 4.38x is best-in-class compared to the cohort median of 1.06x, demonstrating efficient capital generation.
BEAR CASE · 5
High credit risk and a debt-to-equity ratio of 2.82 signal significant leverage concerns for the company.
Analysts assign a hold rating with a mean price target of $104.34, implying 4.6% downside from current levels.
Net income CAGR of -37.8% over four years indicates severe historical earnings volatility and decline.
Operating income is projected to decline 1.8% year-over-year in fiscal 2026, suggesting weakening core profitability.
Medium liquidity risk flags potential challenges in meeting short-term obligations given a current ratio of 1.10.
Analysis
analysis pipelineBusiness. eBay Inc operates as an online marketplace for consumer goods, connecting buyers and sellers through its auction and fixed-price platforms.
Classification. eBay is classified under the Technology sector, Software & IT Services business sector, and Online Services industry with 92% confidence.
eBay's capital structure shows a debt-to-equity ratio of 1.4, indicating a moderate reliance on debt financing. The company's liquidity position is characterized by a current ratio of 1.25, suggesting it can cover its short-term obligations but with limited buffer. With a price-to-book ratio of 9.1, the market is valuing eBay's equity at a premium to its book value, which may reflect expectations of future growth or intangible assets.
In terms of profitability, eBay's return on equity (ROE) of 4.05% is below the industry median, indicating that the company is not generating returns that are significantly higher than its cost of equity. The return on assets (ROA) of 1.1% also suggests that the company is not efficiently utilizing its assets to generate profits. The operating margin, calculated as operating income of $549 million on revenue of $2.57 billion, is 21.3%, which is in line with the industry average.
Geographically, eBay's revenue is concentrated in the United States, with a significant portion of its business derived from North America. The company's exposure to international markets is limited, which could be a risk factor in a globalized economy. eBay's business is segmented into three main areas: Marketplace, which includes the eBay and StubHub platforms; PayPal, which is a digital payments service; and Other, which includes the company's venture investments and other initiatives.
The company's growth trajectory is expected to be modest, with the current fiscal year (FY) outlook indicating a slight increase in revenue. The next FY is projected to show a similar trend, with the company aiming to maintain its market position through innovation and expansion in digital payments. eBay's capital expenditure of -$232 million indicates that the company is generating more cash from operations than it is investing in new assets, which could be a sign of a mature business.
Risk factors for eBay include the potential for dilution, although the risk is currently assessed as low. The company's net cash position is negative after subtracting total debt, which could limit its financial flexibility. Recent events, such as the company's Q4 2023 earnings report, have shown mixed results, with some segments performing well while others face challenges.
Key takeaways
- eBay's capital structure is moderately leveraged, with a debt-to-equity ratio of 1.4.
- The company's profitability metrics, such as ROE and ROA, are below the industry median.
- eBay's revenue is heavily concentrated in the United States, which could be a risk in a globalized economy.
- The company's growth trajectory is expected to be modest, with a focus on maintaining market position through innovation.
- eBay's liquidity position is adequate, but the company's net cash position is negative after subtracting total debt.
What changed & why it matters
Two major institutional holders significantly increased their stakes in eBay Inc. (EBAY.O) as of March 31, 2026, marking the most material recent development for the company. Investor ID 587 expanded its position from 5,744 shares to 186,495 shares, increasing the holding's value to approximately $16.97 million and its weight to 0.0098%. Simultaneously, Investor ID 931 raised its ownership from 714 shares to 156,000 shares, with the position valued at roughly $13.72 million and a weight of 0.0066%. These changes were detected on June 21, 2026. This activity represents the first analysis for this ticker, meaning there is no prior basis for computing delta changes against previous reporting periods. The substantial increase in share counts for both investors suggests a notable shift in institutional interest or portfolio rebalancing during the first quarter of 2026. Despite these significant holder changes, broader market sentiment and news flow have been absent. Data from May 24, 2026, through June 13, 2026, shows zero daily dispatches, indicating a lack of recent news coverage or sentiment signals in the monitored sources during this window. The company continues to be tracked by 27 analysts and maintains membership in one index, with 36 top holders identified in the current dataset. The absence of recent news contrasts with the active accumulation by specific investors, highlighting a divergence between public information flow and private institutional positioning.
News & coverage
2Ownership & reference
Top holders
- Institutional Investor · as of 2026-03-310,33 %$1 420M
- Investment Managers · as of 2026-03-310,23 %$327M
- Funds · as of 2026-03-310,13 %$835M
- Investment Managers · as of 2026-03-310,09 %$446M
- Investment Managers · as of 2026-03-310,09 %$169M
- Investment Managers · as of 2026-03-310,09 %$140M
- Investment Managers · as of 2026-03-310,08 %$597M
- Investment Managers · as of 2026-03-310,08 %$580M
- Investment Managers · as of 2025-12-310,07 %$5 018M
- Investment Managers · as of 2026-03-310,07 %$1 127M
- Investment Managers · as of 2026-03-310,07 %$2 029M
- Investment Managers · as of 2026-03-310,05 %$272M
- Investment Managers · as of 2024-06-300,05 %$2 069M
- Institutional Investor · as of 2026-03-310,05 %$255M
- Investment Managers · as of 2026-03-310,05 %$771M
- Investment Managers · as of 2024-12-310,05 %$163M
- Investment Managers · as of 2026-03-310,05 %$295M
- Investment Managers · as of 2026-03-310,04 %$92M
- Investment Managers · as of 2026-03-310,04 %$164M
- Institutional Investor · as of 2026-03-310,04 %$80M
- Investment Managers · as of 2026-03-310,04 %$0M
- Brokerage Firms · as of 2026-03-310,03 %$98M
- Institutional Investor · as of 2022-09-300,03 %$0M
- Investment Managers · as of 2026-03-310,03 %$47M
- Institutional Investor · as of 2026-03-310,02 %$470M
- Investment Managers · as of 2026-03-310,02 %$65M
- Investment Managers · as of 2026-03-310,02 %$31M
- Investment Managers · as of 2026-03-310,02 %$46M
- Brokerage Firms · as of 2026-03-310,01 %$58M
- Investment Managers · as of 2026-03-310,01 %$17M
- Institutional Investor · as of 2026-03-310,01 %$14M
- Investment Managers · as of 2026-03-310,00 %$15M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Leadership
- Jamie Joseph IannonePresident, Chief Executive Officer, Director
Insider activity
— missing data
Index membership
S&P 500United States
Peer comparison
Listings · one canonical issuer
all listings resolve to the canonical
EBAY.OCanonical
NASDAQ · USD
Intel & risk
firm GPR —peak dispatch · —
No tracked sagas currently linked to EBAY.O. Browse all sagas →
Dilution riskLow
Liquidity riskMedium
Net cash is negative after subtracting total debt.
Data sources
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
How metrics are computed
- Ev To Operating Cash Flowenterprise_value / operating_cash_flow
- Return On Equitynet_income / total_equity
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
Source documents
- eBay Inc Market data — financials · 2026-05-27
- eBay Inc Market data — analyst estimates · 2026-05-27
- eBay Inc Market data — ESG · 2026-05-27
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-06-23
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data
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