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.

123.01 6.13 +5.24%
Market cap
$51.8B
P/E
23.7×
Fwd P/E
24.0×
Dividend yield
1.04%
F-score
5/9
Altman Z
6.07
Beneish M
−2.13
Dividend safety
82/100

Insider Decisions trades per month

Total sells 57.05
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 3 5 2 3 5 2 4 4 1 3 1 1
Insider Ownership 10.04%

Capital & Financial Ratios $m

Market Cap 51,800.00
Revenue 12,008.00
Net Income 2,230.00
Free Cash Flow 2,428.00
Net Debt 3,428.00
Current Ratio 1.02
Debt/Equity 1.44
P/E ratio 23.66
Fwd P/E 24.00
P/S ratio 4.33
P/B ratio 11.15 (above 6: high)
Past 5Y EPS Growth (11.27%) (below 0%: weak)
This Y EPS Growth 11.29%
Next Y EPS Growth 9.55%
Next Y revenue growth 12.85% (at or above 10%: strong)
Next 5Y EPS Growth 11.21%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 92.94%
10-year low 10-year high
P/S against its own 10 years 83.59%
10-year low 10-year high
P/B against its own 10 years 89.41%
10-year low 10-year high
EV/Sales against its own 10 years 80.27%
10-year low 10-year high
EV/FCF against its own 10 years 84.51%
10-year low 10-year high

Dividends

Payout Ratio 0.25
Annual Dividend Rate 1.22
Annual Dividend Yield 1.04%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.23
0.31
0.31
0.31
2025 1.16
0.29
0.29
0.29
0.29
2024 1.08
0.27
0.27
0.27
0.27
2023 1.00
0.25
0.25
0.25
0.25
2022 0.88
0.22
0.22
0.22
0.22
2021 0.72
0.18
0.18
0.18
0.18
2020 0.64
0.16
0.16
0.16
0.16
2019 0.56
0.14
0.14
0.14
0.14
2018 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 8,992 5,890 2,919 3,307
Receivables 1,013 962 1,280 1,589
Inventory — — — —
Other 1,011 715 887 1,107
11,016 7,567 5,086 6,003
2023 2024 2025 Q'26
Payables 267 257 242 353
ST’ Debt 750 1,673 750 1,593
Other — — — 1,589
4,520 6,098 4,637 5,892

Compound Annual Growth %

10y 5y 3y
Sales 2.59% 4.53% 4.26%
Cash Flow (6.97%) (4.13%) (4.57%)
Earnings 1.65% (18.55%) 0.00%
Book Value (3.48%) 5.32% (3.61%)

Revenue $m

Mar Jun Sep Dec Year
’26 3,089 3,134 — — —
’25 2,585 2,730 2,820 2,965 11,100
’24 2,556 2,572 2,576 2,579 10,283
’23 2,510 2,540 2,500 2,562 10,112
’22 2,483 2,422 2,380 2,510 9,795
’21 2,638 2,668 2,501 2,613 10,420
’20 2,129 2,337 2,258 2,170 8,894
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 969 523 — — —
’25 755 (340) 961 583 1,959
’24 615 367 755 677 2,414
’23 841 601 862 122 2,426
’22 613 228 729 684 2,254
’21 1,042 1,067 255 293 2,657
’20 592 964 105 758 2,419
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 897 300 — — —
’25 644 (441) 765 466 1,434
’24 472 278 646 560 1,956
’23 709 488 777 (4) 1,970
’22 530 117 627 531 1,805
’21 959 968 96 190 2,213
’20 495 877 (19) 603 1,956
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.12 1.21 — — —
’25 1.06 0.79 1.35 1.15 4.34
’24 0.85 0.45 1.29 1.40 3.94
’23 1.05 0.32 2.46 1.39 5.19
’22 (2.28) (0.95) (0.13) 1.23 (2.27)
’21 0.92 15.68 0.40 3.25 20.54
’20 4.51 1.05 0.94 1.21 7.89
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.6
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 21.52 29.51 26.01 27.56 26.02 50.45 35.92 37.17 40.16 58.71

Analyst estimates 2026–2028

Powerpack
High 33.19 39.28 46.99 42.00 61.06 81.19 67.49 52.23 67.80 101.15
People
People Employees 12,600 14,100 14,000 13,300 12,700 10,800 11,600 12,300 11,500 12,300
Revenue/emp, $m 0.74 0.70 0.62 0.56 0.70 0.96 0.84 0.82 0.89 0.90
Income, $m
Income, $m Revenue 9,298 9,927 8,650 7,429 8,894 10,420 9,795 10,112 10,283 11,100
Gross margin, % 78.45 77.63 76.61 78.66 79.80 74.57 72.64 71.98 71.99 71.45
EBT 3,651 2,275 2,249 1,652 3,345 398 (1,601) 3,707 2,278 2,307
EBT margin, % 39.27 22.92 26.00 22.24 37.61 3.82 (16.35) 36.66 22.15 20.78
Net income 7,266 (1,017) 2,530 1,786 5,667 13,608 (1,269) 2,767 1,975 2,031
Depreciation 682 676 635 600 583 502 442 403 324 407
Per share, $
Per share, $ Revenue 8.21 9.33 8.83 8.75 12.53 15.98 17.55 19.08 20.73 24.18
Earnings 6.41 (0.95) 2.58 2.10 7.98 20.87 (2.27) 5.22 3.99 4.42
Cash flow 2.49 2.96 2.71 3.67 3.41 4.08 4.04 4.58 4.87 4.27
Capex (0.55) (0.63) (0.64) (0.60) (0.65) (0.68) (0.80) (0.86) (0.92) (1.14)
Free cash flow 1.94 2.33 2.08 3.07 2.75 3.39 3.23 3.72 3.94 3.12
Book value 9.30 7.56 6.41 3.38 5.02 15.00 9.23 12.07 10.40 10.05
Shares, m 1,133 1,064 980 849 710 652 558 530 496 459
Valuation, ×
Valuation, × P/E 4.56 0.00 10.88 17.11 6.47 3.24 0.00 8.36 15.33 19.62
P/S 3.64 4.08 3.18 4.13 4.01 4.16 2.40 2.30 2.99 3.60
P/B 3.21 5.03 4.38 10.68 10.02 4.43 4.56 3.64 5.96 8.92
EV/Sales 3.83 4.50 3.68 4.84 4.49 4.33 2.54 2.17 3.14 3.95
EV/FCF 16.19 18.00 15.64 13.80 20.41 20.39 13.81 11.16 16.49 30.55
Cash, $m
Cash, $m Operating cash flow 2,826 3,146 2,658 3,114 2,419 2,657 2,254 2,426 2,414 1,959
Capex (626) (666) (623) (508) (463) (444) (449) (456) (458) (525)
Free cash flow 2,200 2,480 2,035 2,606 1,956 2,213 1,805 1,970 1,956 1,434
Balance, $m
Balance, $m Working capital 5,028 4,185 2,672 640 3,188 4,489 5,019 6,496 1,469 449
Total debt 8,960 10,015 9,231 8,063 7,746 9,082 8,871 7,723 7,425 6,746
Net debt 1,811 4,152 4,316 5,312 4,253 1,759 1,400 (1,269) 1,535 3,827
Shareholders’ equity 10,539 8,049 6,281 2,870 3,561 9,778 5,153 6,396 5,158 4,615
Returns, %
Returns, % 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
ROE 84.91 (10.94) 35.31 39.03 176.24 204.03 (17.00) 47.92 34.19 41.56
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

eBay Inc. vs peers in Internet Retail (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
PDD PDD Holdings Inc. Sponsored ADR $114.6B 8.5× 9.1× +14.08% (above 0%: growing) −7.17% (below 0%: shrinking) +25.39% (above 0%: growing) 57.26% 24.71% Compare
MELI MercadoLibre, Inc. $92.1B 50.0× 39.6× +49.76% (above 0%: growing) −10.86% (below 0%: shrinking) +22.47% (above 0%: growing) 40.90% 6.72% Compare
DASH DoorDash, Inc. $83.7B 94.9× 61.1× +35.63% (above 0%: growing) −31.34% (below 0%: shrinking) +109.01% (above 0%: growing) 52.69% 3.50% Compare
SE Sea Limited Sponsored ADR $53.7B 35.3× 28.5× +48.07% (above 0%: growing) +5.88% (above 0%: growing) −6.79% (below 0%: shrinking) 45.58% 8.35% Compare
EBAY eBay Inc. $51.8B 23.7× 24.0× +14.80% (above 0%: growing) +55.00% (above 0%: growing) +168.03% (above 0%: growing) 73.45% 21.57%
JD JD.com, Inc. $32.2B 17.1× 10.9× +2.54% (above 0%: growing) +27.87% (above 0%: growing) +64.77% (above 0%: growing) 17.12% 1.31% Compare
CPNG Coupang, Inc. $27.2B — (loss-making) — (loss-making) +3.89% (above 0%: growing) n/m −79.35% (below 0%: shrinking) 28.16% (6.28%) Compare
W Wayfair Inc. $14.4B — (loss-making) — (loss-making) +7.52% (above 0%: growing) n/m +28.46% (above 0%: growing) 29.95% 2.96% Compare
CART Maplebear Inc. $11.5B 26.0× 17.0× +14.11% (above 0%: growing) +6.98% (above 0%: growing) +157.22% (above 0%: growing) 72.00% 13.81% Compare
Median of peers $43.0B 30.7× 22.8× +14.10% −0.65% +26.93% 43.24% 5.11%

All 42 Internet Retail stocks →

EBAY metrics, ten years each

eBay Inc. (EBAY) key facts

  • Strength: eBay Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.1 billion, up 7.95% from fiscal 2024.
  • Strength: Net income was $2.0 billion, or $4.42 per share (basic), a net margin of 18.3%.
  • eBay Inc. (EBAY) is an Internet Retail company in the Consumer Cyclical sector, listed on Nasdaq.
  • As of October 14, 2026, EBAY traded at $116.88, a market capitalization of $51.8 billion.
  • At that price the stock trades at 23.7× trailing-twelve-month earnings and 4.3× sales; its P/E is higher than 93% of its own readings over the past ten years.
  • eBay Inc. pays an annual dividend of $1.22 per share, a yield of 1.04%, with a payout ratio of 25.3%.
  • Return on equity was 41.6% and debt-to-equity 1.44.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 6.07 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

eBay Inc. (EBAY) Latest News

2 Oct

stockrow.com/EBAY · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com