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EBAY

NASDAQ · USD
eBay Inc.
Consumer Cyclical · Specialty Retail
CEO Jamie J. Iannone Employees 12,300 R&D / revenue 14.8%
Last price
$120.28−2.14%last session
Market cap
$53.5B
P/E (TTM)
24.3x
From 52w high
−3.5%
From 52w low
+54.1%
1-year return
+33.6%
RSI 14 · vs SMA200
70.0 · +17.9%
IS score
70.6/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

EBAY   SPY   XLY (sector ETF) · weekly closes
90100110120130140Jan 26Apr 26Jul 26Oct 26EBAY 134SPY 116XLY 97

Score DNA

Each bar is a 0-100 score within the scored universe
79
Profitability
56
Growth
42
Value
80
Momentum
100
Risk (safety)
82
Quality
63
Balance sheet
74
Earnings quality

Flags

Strengths
✓ Piotroski 8+
Warnings
None of the computed warning flags fires for EBAY (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Narrow, Intangible AssetsPiotroski 9 / 9Altman Z 6.6Beta 1.341 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
62 open-market sales, $30.2M
Form 144 notices (12m): 32, $56.4M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+51
176 new holders, 110 closed
1,297 filers hold 92.5% · 440 added, 492 trimmed
ETFETF holdings · 30 days
Net funds accumulating
−146
1,114 funds adding shares
1,260 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
42.5%
20-day avg 47.1%, 50-day avg 50.2%
Latest 4.6 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$11.1B
Revenue growth YoY+7.9%
Gross margin71.5%
Operating income$2.3B
Operating margin20.5%
Net income$2.0B
Net margin18.3%
EPS (diluted)$4.34
Cash flow
Operating cash flow$2.2B
Capital expenditure$525.0M
Free cash flow$1.7B
FCF conversion (FCF / OCF)76.0%
Stock-based compensation$0
FCF less SBC$1.7B
Buybacks$2.5B
Dividends$531.0M
Balance sheet & returns
Cash & short-term investments$2.9B
Total debt$7.1B
Net debt$4.1B
Shareholders' equity$4.6B
Goodwill & intangibles$4.5B
Debt / equity1.53
ROE (TTM)48.3%
ROIC (TTM)15.8%
Operating margin by fiscal year
28.1%FY202124.0%FY202219.2%FY202322.5%FY202420.5%FY2025
Revenue $10.4B (FY2021) to $11.1B (FY2025), a 1.6% CAGR.

Valuation

P/E (TTM)24.3x
EV / EBITDA18.6x
Price / sales4.46x
Price / FCF22.0x
FCF yield4.54%
Buyback yield4.67%
SBC / revenue4.0%
Price / book11.53x
Forward P/E FY202619.6x
Forward P/E FY202717.9x
Forward P/E FY202815.8x
Forward multiples divide today's price by Street EPS estimates. Street mean target $122.33 across 15 analysts last quarter is theirs, not ours.

EBAY vs industry median

241 companies in Specialty Retail
Gross margin 72.5% 37.7% Operating margin 20.5% 2.6% Net margin 18.5% 0.3% ROIC 15.8% 4.0%
EBAY (TTM)Industry median Asset turnover 0.67 vs industry 1.17 · financial leverage 3.84

Earnings delivery

Next report 2026-10-28 · consensus EPS $1.41
100%
beat rate, 12 of 12 quarters
+4.2%
median EPS surprise
12
longest beat streak
+3+4+4+4+1+4+3+5+2+4+5+7
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-07 to 2026-08-05. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
EBAY eBay Inc. $53.5B24.3x48.3%18.5%+7.9% +33.6%
AZO AutoZone, Inc. $50.9B20.0x-87.0%14.1%+7.4% −22.1%
SE Sea Limited $57.4B34.6x14.5%5.7%+43.1% −42.4%
ORLY O'Reilly Automotive, Inc. $72.2B28.2x-172.8%14.6%+8.5% −11.8%
MELI MercadoLibre, Inc. $93.0B49.9x27.5%4.6%+46.0% −10.2%
WSM Williams-Sonoma, Inc. $29.5B25.3x55.0%17.3%+2.2% —
CPNG Coupang, Inc. $25.7Bn/m-20.0%-6.4%+9.9% —
CASY Casey's General Stores, Inc. $25.5B33.0x20.0%4.8%+13.8% —
12-month window: SPY +15.9%, sector ETF XLY −3.2%. Past returns describe history only.

Recent 8-K filings

2026-06-18Shareholder Vote
2026-05-12Regulation FD; Other Events; Exhibits
2026-05-05Regulation FD; Exhibits
2026-04-29Earnings Release; Exhibits
2026-03-24Officer/Director Change; Regulation FD; Exhibits
2026-02-18Results of Operations and Financial Condition; Financial Statements and Exhibits

Context

Shares outstanding445,000,000
Free float89.8%
Institutional ownership92.5%
Beta1.34
Dividend yield1.01%
Last dividend$0.31 on 2026-08-28
50 / 200-day average$107.44 / $102.34
Large-cap Consumer Cyclical median P/E24.3x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where EBAY sits among 40 scored companies in Specialty Retail (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureEBAYIndustry medianIndustry percentileSector median
P/E (TTM) 24.1x 22.2x
54th		 17.7x
PEG (P/E ÷ 3-yr EPS CAGR) 0.97 1.02
42nd		 0.96
Price / sales 4.5x 1.1x
95th		 1.0x
Price / book 11.5x 4.9x
81st		 2.4x
Price / tangible book 263.2x 7.7x
96th		 4.2x
Price / free cash flow 22.0x 19.7x
58th		 15.2x
Price / operating cash flow 18.0x 12.0x
76th		 10.2x
Enterprise value $57.3B $7.1B
90th		 $5.6B
EV / sales 4.8x 1.5x
95th		 1.4x
EV / EBITDA 18.9x 13.1x
73rd		 11.4x
EV / EBIT 21.0x 17.5x
66th		 16.0x
EV / free cash flow 23.6x 23.3x
53rd		 21.0x
Earnings yield 4.2% 4.1%
51st		 4.8%
FCF yield 4.5% 4.7%
46th		 5.9%
Operating cash flow yield 5.6% 8.2%
28th		 9.3%
Graham number (per share) $33.42 $19.83
60th		 $33.39

Profitability (TTM)

MeasureEBAYIndustry medianIndustry percentileSector median
Gross margin 72.5% 43.4%
97th		 34.2%
EBITDA margin 25.3% 10.4%
92nd		 11.7%
Operating margin 20.5% 8.1%
97th		 8.7%
EBIT margin 22.7% 7.5%
92nd		 8.2%
Net margin 18.5% 5.2%
95th		 4.9%
NOPAT margin 18.1% 5.7%
97th		 6.8%
FCF margin 20.2% 5.0%
90th		 6.5%
Operating cash flow margin 24.7% 9.9%
92nd		 10.4%
R&D / revenue 14.9% 0.0%
95th		 0.0%
SG&A / revenue 32.7% 27.7%
69th		 17.2%
Stock comp / revenue 4.0% 0.7%
92nd		 0.6%
Effective tax rate 11.8% 21.9%
5th		 22.4%

Returns on capital

MeasureEBAYIndustry medianIndustry percentileSector median
ROE (on average equity) 47.2% 18.5%
88th		 12.8%
ROA 12.4% 7.7%
72nd		 4.4%
ROIC 25.6% 12.6%
74th		 9.3%
ROCE 22.7% 15.5%
72nd		 9.9%
Return on tangible assets 15.2% 10.7%
69th		 7.4%
Cash ROIC (OCF / invested capital) 35.0% 24.2%
67th		 14.4%
Gross profitability (GP / assets) 48.5% 48.6%
49th		 31.6%
ROIC, 3-yr average 22.8% 13.1%
75th		 7.4%
ROIC, 5-yr average 17.9% 14.0%
62nd		 9.1%
ROE, 5-yr average 34.9% 19.2%
73rd		 15.8%
Incremental ROIC -212.9% 23.3%
0th		 11.2%

Growth

MeasureEBAYIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 14.7% 8.5%
74th		 6.0%
Revenue growth (QoQ) 1.5% 8.4%
28th		 6.6%
Revenue CAGR, 3 yr 6.5% 5.9%
54th		 3.0%
Revenue CAGR, 5 yr 2.9% 7.3%
31st		 5.9%
Gross profit CAGR, 3 yr 6.6% 6.3%
54th		 3.3%
Operating income CAGR, 3 yr 3.7% 3.7%
50th		 2.1%
Net income growth (TTM YoY) 1.7% 6.6%
34th		 4.7%
Net income CAGR, 3 yr 18.3% 3.5%
70th		 1.4%
EPS growth (TTM YoY) 4.6% 11.7%
34th		 7.6%
EPS CAGR, 3 yr 24.9% 7.9%
80th		 3.4%
EPS CAGR, 5 yr -23.7% 3.1%
8th		 2.9%
FCF growth (TTM YoY) 72.4% 30.8%
78th		 26.3%
FCF CAGR, 3 yr 1.0% 8.2%
35th		 6.5%
Operating cash flow CAGR, 3 yr 1.3% 7.2%
29th		 6.7%
Book value CAGR, 3 yr 1.3% 12.8%
20th		 8.1%
Dividend CAGR, 3 yr 6.4% 5.5%
54th		 3.2%
Sustainable growth rate 35.7% 16.9%
83rd		 12.2%

Margin history & stability

MeasureEBAYIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 72.1% 42.3%
97th		 34.9%
Operating margin, 3-yr average 20.7% 6.8%
97th		 8.0%
Net margin, 3-yr average 21.9% 4.5%
97th		 4.8%
FCF margin, 3-yr average 16.2% 3.9%
90th		 5.7%
Revenue stability (0-1) 0.38 0.82
21st		 0.80
Earnings stability (0-1) 0.29 0.50
33rd		 0.43
Margin stability (0-1) 0.98 0.94
74th		 0.92

Liquidity (latest quarter)

MeasureEBAYIndustry medianIndustry percentileSector median
Cash & short-term investments $3.3B $295.9M
87th		 $278.1M
Net cash (− = net debt) −$3.8B −$1.3B
21st		 −$1.2B
Working capital $111.0M $206.6M
38th		 $298.0M
Current ratio 1.02 1.34
28th		 1.49
Quick ratio 1.02 0.68
67th		 0.92
Cash ratio (cash + ST investments / current liabilities) 0.56 0.47
67th		 0.31
Defensive interval (days) 315 days 163 days
77th		 290 days

Leverage & solvency (latest quarter)

MeasureEBAYIndustry medianIndustry percentileSector median
Total debt $7.1B $2.2B
87th		 $1.8B
Debt / equity 1.53 1.17
66th		 1.04
Net debt / equity 0.82 0.79
53rd		 0.78
Debt / assets 39.8% 38.1%
56th		 39.7%
Debt / capital 60.4% 53.8%
66th		 51.0%
Debt / EBITDA 2.35 3.03
41st		 3.26
Net debt / EBITDA 1.26 2.03
38th		 2.42
Interest coverage (EBIT / interest) 11.0x 9.5x
52nd		 5.1x
Cash interest coverage 11.9x 13.0x
47th		 6.0x
Debt payback (years of OCF) 2.4 yrs 3.1 yrs
38th		 3.8 yrs
Liabilities / assets 74.0% 70.6%
54th		 68.1%
IS credit model rating AA- — —
Implied credit spread (bps) 100 175
23rd		 275

Efficiency

MeasureEBAYIndustry medianIndustry percentileSector median
Asset turnover 0.67 1.24
5th		 1.00
Fixed asset turnover 7.08 3.56
66th		 3.73
Inventory turnover —
Receivables turnover 9.6 52.0
3rd		 19.9
Days sales outstanding 38 days 7 days
97th		 18 days
Days inventory outstanding —
Days payables outstanding 38 days 44 days
31st		 42 days
Cash conversion cycle (days) −0 days 15 days
38th		 44 days
Capex / revenue 4.5% 3.5%
72nd		 3.1%
Capex / depreciation 1.77 1.20
74th		 0.89
Operating expense ratio 51.9% 31.4%
87th		 24.8%

Cash flow & earnings quality

MeasureEBAYIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.34 1.85
31st		 1.76
FCF / net income 1.09 1.08
51st		 1.18
FCF / operating cash flow 81.8% 65.5%
78th		 70.1%
Capex / operating cash flow 18.3% 34.5%
22nd		 29.9%
Accruals ratio -4.2% -6.2%
62nd		 -5.7%
Sloan accruals ratio -1.0% -3.1%
77th		 -3.6%
Earnings quality score (0-1) 1.00 0.75
63rd		 0.75

Dividends & buybacks

MeasureEBAYIndustry medianIndustry percentileSector median
Dividend yield 1.0% 0.0%
72nd		 0.8%
Dividend per share (TTM) $1.22 $0.00
85th		 $0.40
Payout ratio (dividends / net income) 24.3% 0.0%
77th		 17.8%
Dividends / FCF 22.2% 0.0%
75th		 11.6%
Dividend growth (YoY) 5.4% 6.2%
42nd		 4.8%
Buyback yield 4.1% 1.2%
77th		 1.6%
Shareholder yield (dividends + buybacks) 5.1% 2.2%
74th		 3.7%
Share count change (YoY) -2.8% 0.0%
26th		 -0.9%
Buybacks, last 5 years $6.8B $120.0M
97th		 $198.3M

Scores & forensic checks

MeasureEBAYIndustry medianIndustry percentileSector median
IS score 71 56
90th		 50
IS profitability 79 43
95th		 38
IS growth 56 57
46th		 53
IS value 42 42
54th		 50
IS momentum 80 79
54th		 72
IS risk (safety) 100 65
62nd		 65
IS quality 82 66
92nd		 63
IS balance sheet 63 53
62nd		 48
IS earnings quality 74 82
28th		 77
IS cash flow 75 55
85th		 56
Piotroski F-score (0-9) 9 6
97th		 6
Altman Z-score 6.6 2.9
85th		 2.8
Beneish M-score −2.14 −2.72
79th		 −2.69
Ohlson O-score −7.11 −6.81
44th		 −6.83
IS credit score 84 66
77th		 58

Per share

MeasureEBAYIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $4.86 $1.84
67th		 $2.05
Book value per share $10.21 $7.32
59th		 $14.46
Tangible book per share $0.43 $3.07
31st		 $3.70
Revenue per share $26.28 $36.89
41st		 $46.29
FCF per share $5.32 $2.53
72nd		 $2.72
Operating cash flow per share $6.50 $4.90
62nd		 $4.86
Cash per share $7.24 $4.80
59th		 $3.59

Size (TTM)

MeasureEBAYIndustry medianIndustry percentileSector median
Market cap $53.5B $5.3B
90th		 $3.6B
Revenue $12.0B $6.1B
64th		 $3.9B
EBITDA $3.0B $449.3M
90th		 $442.3M
Net income $2.2B $173.0M
92nd		 $178.6M
Free cash flow $2.4B $298.5M
95th		 $206.3M
Total assets $17.9B $5.1B
87th		 $4.4B
Shareholders' equity $4.7B $827.1M
87th		 $957.6M
Employees 12,300 16,550
44th		 12,300

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-06Iannone Jamie
Director, President and CEO
 Open-market sale 1,439$105.28$151,498224,830
2026-10-06Iannone Jamie
Director, President and CEO
 Open-market sale 6,830$106.28$725,892218,000
2026-10-06Iannone Jamie
Director, President and CEO
 Open-market sale 2,841$106.96$303,873215,159
2026-10-05Iannone Jamie
Director, President and CEO
 Open-market sale 1,145$106.58$122,034236,234
2026-10-05Iannone Jamie
Director, President and CEO
 Open-market sale 9,965$107.14$1.1M226,269
2026-09-15Iannone Jamie
Director, President and CEO
 Option exercise 11,666——231,547
2026-09-15Iannone Jamie
Director, President and CEO
 Option exercise 9,264——240,811
2026-09-15Iannone Jamie
Director, President and CEO
 Option exercise 8,648——249,459
2026-09-15Iannone Jamie
Director, President and CEO
 Option exercise 7,401——256,860
2026-09-15Iannone Jamie
Director, President and CEO
 Tax withholding 6,075$108.03$656,282250,785
2026-09-15Iannone Jamie
Director, President and CEO
 Tax withholding 4,865$108.03$525,566245,920
2026-09-15Iannone Jamie
Director, President and CEO
 Tax withholding 4,582$108.03$494,993241,338

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJunJulAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired1725,814—
GiftDisposed265,400—
GiftAcquired132,700—
Open-market saleDisposed62276,278$30.2M
Option exerciseDisposed76347,835$4.1M
Option exerciseAcquired76347,835$1.9M
Tax withholdingDisposed63112,998$12.3M
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 32 notices · 571,711 shares · $56.4M
FiledFilerShares proposedEst. proceeds
2026-10-05James Joseph Iannone22,220$2.4M
2026-09-08James Joseph Iannone22,220$2.3M
2026-08-18Jordan Sweetnam1,014$102,353
2026-08-05James Joseph Iannone22,220$2.5M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 1 trades (0 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-04Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2025-09-05Ro KhannaHouseSale$1,001 - $15,0002025-10-03
2025-06-24Lisa McClainHouseSale (Full)$1,001 - $15,0002025-08-13
2025-06-23Lisa C. McClainHouseSale (Full)$1,001 - $15,0002025-08-13
2025-01-14John BoozmanSenateSale (Full)$1,001 - $15,0002025-02-08
2025-01-14John BoozmanSenateSale (Full)$1,001 - $15,0002025-02-07
2025-01-14John BoozmanSenateSale (Full)$1,001 - $15,0002025-02-07
2021-03-29Tommy TubervilleSenateSale (Full)$1,001 - $15,0002021-07-23
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.39,435,323$4.4B8.86%
TORONTO DOMINION BANK33,819,859$3.8B7.60%
VANGUARD CAPITAL MANAGEMENT LLC28,993,850$3.2B6.52%
STATE STREET CORP21,812,915$2.4B4.90%
VANGUARD PORTFOLIO MANAGEMENT LLC21,501,951$2.4B4.83%
GEODE CAPITAL MANAGEMENT, LLC12,557,902$1.4B2.82%
AMERIPRISE FINANCIAL INC12,080,056$1.3B2.71%
Comprehensive Financial Management LLC10,034,000$1.1B2.25%
FMR LLC7,960,741$889.6M1.79%
GOLDMAN SACHS GROUP INC7,871,728$879.7M1.77%
Invesco Ltd.7,309,647$816.9M1.64%
NORDEA INVESTMENT MANAGEMENT AB5,945,915$654.9M1.34%
DIMENSIONAL FUND ADVISORS LP4,733,880$529.0M1.06%
NORTHERN TRUST CORP4,553,173$508.8M1.02%
Independent Franchise Partners LLP4,546,653$508.1M1.02%

Institutional ownership by quarter

2023-092026-0692.5%
% of shares held by 13F filers
2023-092026-061,297
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-301,29792.5%176440492110
2026-03-311,24691.7%172441445124
2025-12-311,22091.8%150408471139
2025-09-301,23594.2%16639947893
2025-06-301,17995.9%15939343483
2025-03-311,121100.7%15438837581
2024-12-311,069100.0%13637338485
2024-09-301,03798.2%15234936568
2024-06-30963101.5%9834435566
2024-03-31947102.4%13330634392
2023-12-31917102.6%13122940185
2023-09-30882102.1%7029235585

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-08-12SCHEDULE 13GTD Securities Inc.0.0%4,100
2026-07-31SCHEDULE 13G/AVanguard Portfolio Management4.8%21,567,649
2026-07-17SCHEDULE 13D/AGameStop Corp.9.8%43,390,383
2026-06-05SCHEDULE 13D/AGameStop Corp.9.0%39,874,306
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.06%$1.3B
VSMPX0.06%$1.3B
VTI0.06%$1.3B
VTSAX0.06%$1.3B
VOO0.06%$1.1B
VFINX0.06%$1.1B

Share structure

Shares outstanding445,000,000
Float399,814,700
Free float89.8%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$10.4B$9.8B$10.1B$10.3B$11.1B
Cost of revenue$2.6B$2.7B$2.8B$2.9B$3.2B
Gross profit$7.8B$7.1B$7.3B$7.4B$7.9B
R&D$1.3B$1.3B$1.5B$1.5B$1.6B
SG&A$3.1B$3.1B$3.4B$3.2B$3.6B
Operating income$2.9B$2.4B$1.9B$2.3B$2.3B
EBITDA$1.2B−$924.0M$4.4B$2.9B$2.9B
Pretax income$398.0M−$1.6B$3.7B$2.3B$2.3B
Income tax$146.0M−$327.0M$932.0M$297.0M$311.0M
Net income$13.6B−$1.3B$2.8B$2.0B$2.0B
EPS, diluted$20.87$-2.28$5.19$3.94$4.34
Diluted shares652.0M558.0M533.0M501.0M460.0M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$7.3B$7.5B$9.0B$6.2B$2.9B
Receivables$779.0M$975.0M$1.2B$947.0M$1.3B
Inventory$0$0$0$0$0
Total current assets$9.1B$9.3B$11.0B$7.6B$5.1B
PP&E, net$1.5B$1.8B$1.7B$1.7B$1.8B
Goodwill & intangibles$4.2B$4.4B$4.4B$4.4B$4.5B
Total assets$26.6B$20.9B$21.6B$19.4B$17.6B
Accounts payable$262.0M$261.0M$267.0M$257.0M$1.5B
Total current liabilities$4.6B$4.3B$4.5B$6.1B$4.6B
Long-term debt$7.7B$7.7B$7.0B$5.8B$6.3B
Total liabilities$16.8B$15.7B$15.2B$14.2B$13.0B
Shareholders' equity$9.8B$5.2B$6.4B$5.2B$4.6B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$13.6B−$1.3B$2.8B$2.0B$2.0B
Depreciation & amortization$502.0M$442.0M$403.0M$324.0M$407.0M
Stock-based compensation$477.0M$494.0M$575.0M$588.0M$0
Change in working capital−$134.0M−$377.0M−$94.0M−$34.0M−$1.4B
Operating cash flow$2.7B$2.3B$2.4B$2.4B$2.2B
Capital expenditure−$444.0M−$449.0M−$456.0M−$458.0M−$525.0M
Free cash flow$2.2B$1.8B$2.0B$2.0B$1.7B
Investing cash flow$3.7B$2.5B$240.0M$2.2B$1.2B
Net debt issued / repaid$1.3B−$212.0M−$1.1B−$309.0M−$672.0M
Buybacks−$7.1B−$3.1B−$1.4B−$3.1B−$2.5B
Dividends paid−$466.0M−$489.0M−$528.0M−$533.0M−$531.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin74.6%72.6%72.0%72.0%71.5%
Operating margin28.1%24.0%19.2%22.5%20.5%
Net margin130.6%-13.0%27.4%19.2%18.3%
FCF margin21.2%18.4%19.5%19.0%12.9%
ROE204.0%-17.0%47.9%34.2%41.6%
ROIC15.6%26.3%25.9%29.6%21.7%
ROA59.2%-5.3%13.0%9.6%11.0%
Debt / equity0.961.831.291.521.60
Interest coverage0.7xn/m15.7x9.8x10.4x
Current ratio1.972.182.441.241.10
Revenue growth+8.6%−6.0%+3.2%+1.7%+7.9%
EPS growth+176.2%−110.4%+327.7%−25.8%+12.0%
P/E at year end2.7xn/m7.9x15.5x19.7x
EV / EBITDA at year end58.1xn/m4.7x11.3x15.6x
FCF yield at year end5.93%8.48%8.97%6.40%3.58%
Dividend payout3.4%—19.1%27.0%26.1%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Marketplaces—$9.8B$10.1B$8.6B$9.1B
Payments$9.8B————
Advertising Revenues———$1.6B$2.0B
Marketing Services And Other Revenues$648.0M————

Revenue by region · FY2025

UNITED STATES$5.8B · 52%
UNITED KINGDOM$1.6B · 14%
Rest of World$1.5B · 14%
CHINA$1.3B · 11%
GERMANY$978.0M · 9%

Street estimates by fiscal year

Next report 2026-10-28 · consensus EPS $1.41 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$12.5B$12.3B – $12.6B$6.14$6.01 – $6.221919.6x
2027$13.4B$13.1B – $13.7B$6.73$6.51 – $6.952017.9x
2028$14.3B$13.5B – $15.0B$7.59$6.67 – $9.151415.8x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-05$1.50$1.60+6.7%$3.0B$3.1B+3.9%
2026-04-29$1.58$1.66+5.1%$3.0B$3.1B+1.8%
2026-02-18$1.35$1.41+4.4%$2.9B$3.0B+3.2%
2025-10-29$1.33$1.36+2.3%$2.7B$2.8B+3.3%
2025-07-30$1.30$1.37+5.4%$2.6B$2.7B+3.3%
2025-04-30$1.34$1.38+3.0%$2.5B$2.6B+1.5%
2025-02-26$1.20$1.25+4.2%$2.6B$2.6B+0.3%
2024-10-30$1.18$1.19+0.8%$2.5B$2.6B+1.1%
2024-07-31$1.13$1.18+4.4%$2.5B$2.6B+1.7%
2024-05-01$1.20$1.25+4.2%$2.5B$2.6B+0.9%
2024-02-27$1.03$1.07+3.9%$2.5B$2.6B+2.0%
2023-11-07$1.00$1.03+3.0%$2.4B$2.5B+5.8%
2023-07-26$0.99$1.03+4.0%$2.3B$2.5B+12.8%
2023-04-26$1.07$1.11+3.7%$2.5B$2.5B+0.5%
2023-02-22$1.06$1.07+0.9%$2.5B$2.5B+1.6%
2022-11-02$0.93$1.00+7.5%$2.3B$2.4B+2.5%
2022-08-03$0.90$0.99+10.0%$2.4B$2.4B+2.4%
2022-05-04$1.03$1.05+1.9%$2.5B$2.5B+0.9%
2022-02-23$0.99$1.05+6.1%$2.6B$2.6B+0.2%
2021-10-27$0.89$0.90+1.1%$2.5B$2.5B+1.8%
2021-08-11$0.99$0.990.0%$2.7B$2.7B0.0%
2021-04-28$1.07$1.09+1.9%$3.0B$2.6B−11.1%
2021-02-03$0.83$0.86+3.6%$2.7B$2.9B+6.2%
2020-10-28$0.77$0.85+10.4%$2.3B$2.3B−3.3%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.406-150.406-220.306-290.407-060.607-130.507-200.507-270.908-030.508-100.708-170.508-240.508-31
Week ofNotionalSharesTrades
2026-08-31$542.1M5,153,80393,297
2026-08-24$461.9M4,405,59785,226
2026-08-17$670.0M6,477,505116,987
2026-08-10$496.8M4,723,83993,259
2026-08-03$898.8M8,198,720139,276
2026-07-27$496.6M4,337,89998,288

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1542.5%
DateShort shareShort volumeTotal volume
2026-10-1542.5%1,329,2323,125,182
2026-10-1457.9%688,9321,190,335
2026-10-1339.0%451,5591,157,771
2026-10-1253.8%1,201,0942,232,573
2026-10-0943.6%433,341994,008
2026-10-0843.0%494,0701,147,667
2026-10-0735.1%300,621855,366
2026-10-0647.9%383,583801,223
2026-10-0544.0%423,381961,745
2026-10-0246.5%545,0171,171,604
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+0.4Jan+0.2Feb+2.1Mar+1.8Apr-0.1May+0.0Jun+4.8Jul+2.2Aug+0.2Sep-2.2Oct+1.0Nov+0.9Dec
MonthAvg returnUp yearsYears
Jan+0.4%55%20
Feb+0.2%40%20
Mar+2.1%52%21
Apr+1.8%50%20
May−0.1%45%20
Jun+0.0%40%20
Jul+4.8%65%20
Aug+2.2%65%20
Sep+0.2%55%20
Oct−2.2%35%20
Nov+1.0%60%20
Dec+0.9%50%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1470.0
MFI65.3
ADX23.8
Stochastic %K / %D85.5 / 84.2
Williams %R-21.6
CCI174
TSI / signal29.3 / 12.9
Chaikin money flow-0.10
ATR$3.68
Bollinger width18.1%
Volume vs 20-day avg1.22x
SupertrendUp

Moving averages and bands

level (price vs level)
SMA 20$110.52 (+8.8%)
SMA 50$107.55 (+11.8%)
SMA 200$102.05 (+17.9%)
EMA 21$112.02 (+7.4%)
EMA 50$109.61 (+9.7%)
EMA 200$102.41 (+17.4%)
Bollinger upper$120.49 (−0.2%)
Bollinger lower$100.55 (+19.6%)
Parabolic SAR$108.80 (+10.6%)
Open the live chart, 110+ indicators

About eBay Inc.

eBay Inc. manages an extensive global e-commerce ecosystem designed to facilitate transactions between buyers and sellers. This framework primarily encompasses its flagship website, ebay.com, alongside its suite of dedicated mobile applications. Through these digital platforms, users are empowered to list, discover, purchase, and pay for a vast array of goods. These transactions occur across a multitude of channels—online, mobile, and even certain traditional avenues—involving a diverse array of participants. This includes individual sellers, small businesses, and larger entities such as retailers, distributors, liquidators, import/export firms, and auctioneers, often integrating with various commerce platforms, search engines, and shopping networks. The company was established in 1995 and its corporate headquarters are situated in San Jose, California.

https://www.ebayinc.com

Key executives

NameTitlePayBorn
Peggy AlfordSenior VP & Chief Financial Officer$5.5M1972
Jamie J. IannoneChief Executive Officer, President & Director$4.9M1973
Samantha WellingtonSenior Vice President, Chief Legal Officer, General Counsel & Secretary$4.2M1978
Julie A. LoegerSenior Vice President & Chief Growth Officer$1.8M1964
Jordan Douglas Bradley SweetnamSenior VP & Chief Commercial Officer$1.7M1980
Pierre OmidyarFounder & Director Emeritus$28,9271967
John Peter EgbertVice President of Investor Relations——
Mazen Al-RawashdehSenior Vice President & Chief Technology Officer—1966

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Jamie Iannone President and Chief Executive Officer (“CEO”)2025$1.0M$23.5M$3.6M$28.5M
Peggy Alford Senior Vice President, Chief Financial Officer (“CFO”)2025$539,423$10.5M$962,870$16.0M
Steve Priest Former Senior Vice President, Chief Financial Officer (through May 11, 2025)2025$489,231$3.5M$748,523$14.1M
Jordan Sweetnam Senior Vice President, Chief Commercial Officer2025$721,539$8.7M$965,960$10.4M
Eddie Garcia Former Senior Vice President, Chief Product Officer (through May 11, 2025)2025$389,423$2.7M$446,863$10.1M
Julie Loeger Senior Vice President, Chief Growth Officer2025$725,442$8.1M$971,186$9.9M

Employees

14k201813k201913k202011k202112k202212k202312k202412k2025

Dividends

Ex-dateAmountPaid
2026-08-28$0.312026-09-11
2026-05-29$0.312026-06-12
2026-03-06$0.312026-03-20
2025-11-28$0.292025-12-12
2025-08-29$0.292025-09-12
2025-05-30$0.292025-06-13
2025-03-14$0.292025-03-28
2024-11-29$0.272024-12-13

Moat model

Narrow · Intangible Assets · 2026-06-30
Cost advantage56
Intangibles91
Switching costs43
Network effect50
Efficient scale67
Our component scores (0-100) and overall 62.3; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms