eBay Inc.

EBAY Consumer Cyclical Internet Retail

eBay Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.1 billion, up 7.95% from fiscal 2024. In the quarter to June 2026, revenue grew 14.8%, EPS grew 55.0%, free cash flow grew 168.0% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for three.

122.91 6.03 +5.16%
Market cap
$51.8B
P/E
24.9×
Fwd P/E
24.0×
Dividend yield
0.99%
F-score
5/9
Altman Z
6.07
Beneish M
−2.13
Dividend safety
82/100
Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
P/E ratio
4.56 0.00 10.88 17.11 6.47 3.24 0.00 8.36 15.33 19.62
Piotroski F-Score
5 3 6 6 7 6 5 6 7 5
Altman Z-Score
3.36 2.96 2.78 3.34 4.13 4.40 4.32 4.40 5.06 6.07
P/S ratio
3.64 4.08 3.18 4.13 4.01 4.16 2.40 2.30 2.99 3.60
P/FCF ratio
15.37 16.33 13.52 11.76 18.24 19.59 13.03 11.80 15.71 27.88
Altman Z″-Score (non-manufacturers)
4.91 3.86 4.03 4.27 6.11 6.87 8.05 8.52 8.07 8.71
Beneish M-Score
(1.53) (3.02) (2.58) (3.15) (2.36) (2.66) (3.29) (2.14) (2.54) (2.13)
P/Operating CF
54.53 40.99 22.31 37.80 47.07 147.98 34.39 190.58 45.39 68.57
Dividend Safety Score
— — — — — — — — — 82
P/B ratio
3.21 5.03 4.38 10.68 10.02 4.43 4.56 3.64 5.96 8.92
Price to Tangible BV
5.70 12.63 26.73 0.00 0.00 7.74 26.40 10.92 34.56 2,498.68
EV/Sales
3.83 4.50 3.68 4.84 4.49 4.33 2.54 2.17 3.14 3.95
EV/EBITDA
11.85 15.19 13.33 15.18 12.40 13.17 8.93 9.38 12.21 16.32
EV/Operating CF
12.60 14.19 11.97 11.55 16.51 16.98 11.06 9.06 13.36 22.36
EV/FCF
16.19 18.00 15.64 13.80 20.41 20.39 13.81 11.16 16.49 30.55
Quick Ratio
2.01 1.84 1.26 0.81 1.04 1.73 1.93 2.21 1.12 0.91
Current Ratio
2.31 2.18 1.60 1.16 1.80 1.97 2.18 2.44 1.24 1.10
Net Debt/EBITDA
0.60 1.41 1.81 2.24 1.32 0.51 0.50 (0.54) 0.58 1.43
Debt/Assets
37.57% 38.54% 40.45% 44.37% 40.11% 34.11% 42.55% 35.72% 38.34% 38.31%
Debt/Equity
0.85 1.24 1.47 2.81 2.18 0.93 1.72 1.21 1.44 1.46
Asset Turnover
0.45 0.40 0.35 0.36 0.47 0.45 0.41 0.48 0.50 0.60
Operating CF/Net income
0.39 (3.09) 1.05 1.74 0.43 0.20 (1.78) 0.88 1.22 0.96
Capex/Depreciation
(0.92) (0.99) (0.98) (0.85) (0.79) (0.88) (1.02) (1.13) (1.41) (1.29)
Interest Coverage
18.60 12.79 9.95 14.75 69.37 10.87 10.00 7.38 8.95 9.26
ROE
84.91% (10.94%) 35.31% 39.03% 176.24% 204.03% (17.00%) 47.92% 34.19% 41.56%
ROA
34.93% (4.08%) 10.37% 8.71% 30.24% 59.25% (5.35%) 13.03% 9.64% 10.99%
ROIC
11.77% 11.60% 10.33% 13.52% 21.08% 15.83% 22.41% 23.66% 21.65% 16.86%
Return on Tangible Assets
111.03% (17.59%) 59.26% 85.05% 126.50% 237.69% (20.28%) 35.75% 72.29% 113.65%
Average Days of Receivables
23.24 25.59 30.04 27.27 26.76 23.85 28.43 36.57 34.15 42.09
Research and Development Expense of Revenue
11.98% 12.33% 12.15% 12.52% 11.56% 12.72% 13.58% 15.27% 14.38% 14.79%
Selling, General and Administrative Expense of Revenue
38.61% 39.37% 41.10% 38.42% 34.59% 29.66% 31.64% 33.75% 31.44% 32.36%
Intangible Assets out of Total Assets
0.19 0.19 0.23 0.25 0.22 0.16 0.20 0.20 0.22 0.25
Share Based Compensation of Revenue
4.47% 4.87% 5.38% 5.59% 4.69% 4.58% 5.04% 5.69% 5.72% 5.47%
Graham Net Nets
(0.13) (0.25) (0.34) (0.35) (0.24) (0.18) (0.27) (0.18) (0.22) (0.20)
Graham Number
37.00 0.00 19.29 12.67 29.61 83.21 0.00 37.76 30.75 31.24
Earnings Yield
21.92% (2.71%) 9.19% 5.84% 15.46% 30.86% (5.03%) 11.97% 6.52% 5.10%
Free Cash Flow Yield
6.51% 6.12% 7.40% 8.50% 5.48% 5.10% 7.67% 8.47% 6.37% 3.59%
Revenue per Share
8.21 9.33 8.83 8.75 12.53 15.98 17.55 19.08 20.73 24.18
Operating CF per Share
2.49 2.96 2.71 3.67 3.41 4.08 4.04 4.58 4.87 4.27
Capex per Share
(0.55) (0.63) (0.64) (0.60) (0.65) (0.68) (0.80) (0.86) (0.92) (1.14)
Free Cash Flow per Share
1.94 2.33 2.08 3.07 2.75 3.39 3.23 3.72 3.94 3.12
Cash per Share
6.31 5.51 5.02 3.24 4.92 11.23 13.39 16.97 11.88 6.36
Shareholders Equity per Share
9.30 7.56 6.41 3.38 5.02 15.00 9.23 12.07 10.40 10.05
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
9.30 7.56 6.41 3.38 5.02 15.00 9.23 12.07 10.40 10.05
Free Cash Flow
2,200.00 2,480.00 2,035.00 2,606.00 1,956.00 2,213.00 1,805.00 1,970.00 1,956.00 1,434.00
Working Capital
5,028.00 4,185.00 2,672.00 640.00 3,188.00 4,489.00 5,019.00 6,496.00 1,469.00 449.00
Capital Expenditures
(626.00) (666.00) (623.00) (508.00) (463.00) (444.00) (449.00) (456.00) (458.00) (525.00)
Net Current Asset Value
(4,433.00) (10,193.00) (9,412.00) (10,598.00) (8,559.00) (7,737.00) (6,407.00) (4,208.00) (6,640.00) (7,909.00)
EV/EBIT
15.32 19.72 18.16 20.32 15.15 15.44 10.60 11.33 13.92 19.24
Capex to Sales
0.07 0.07 0.07 0.07 0.05 0.04 0.05 0.05 0.04 0.05
Price to Operating Income
14.54 17.89 15.70 17.32 13.53 14.83 10.01 11.98 13.26 17.56
Other line items
Depreciation/Fixed assets
0.45 0.42 0.40 0.41 0.45 0.41 0.36 0.32 0.26 0.30
Cash ROIC
8.26% 10.36% 9.96% 19.04% 13.22% 8.45% 8.40% 8.52% 10.59% 10.04%
Accounts Receivable Turnover
15.36 15.41 12.29 11.73 14.74 15.63 13.57 11.39 10.41 9.90
Accounts Payable Turnover
6.34 7.25 6.57 6.16 7.09 9.81 10.25 10.73 10.99 12.70
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
51.54 54.23 51.60 52.74 56.47 36.09 35.55 34.40 32.57 27.87
Days of Inventory on Hand
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Receivables
605.50 644.00 704.00 633.50 603.50 666.50 722.00 888.00 987.50 1,121.00
Average Payables
316.00 306.50 308.00 257.50 253.50 270.00 261.50 264.00 262.00 249.50
Average Assets
20,801.00 24,916.50 24,402.50 20,496.50 18,742.00 22,968.00 23,738.00 21,235.00 20,492.50 18,487.50
Average Common Equity
8,557.50 9,294.00 7,165.00 4,575.50 3,215.50 6,669.50 7,465.50 5,774.50 5,777.00 4,886.50

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Columns are period end dates