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EBAY · Nasdaq · United States · Services-Business Services, Nec
In shortEBAY INC is profitable, generates cash and carries moderate debt, with revenue growing (+7.9% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 20.5% | 85/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 18.3% | 93/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 42.1% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 17.5% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.10× | 25/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.50× | 28/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.81× | 63/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 9.26× | 74/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 8.76 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 12.9% | 72/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.71× | 51/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 8.5% | 80/100 |
| Operating margin volatility | 3.4% | 78/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 4.3% | 40/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 10,420 | 9,795 | 10,112 | 10,283 | 11,100 |
| Cost of revenue | 2,650 | 2,680 | 2,833 | 2,880 | 3,169 |
| Gross profit | 7,770 | 7,115 | 7,279 | 7,403 | 7,931 |
| Research & development | 1,325 | 1,330 | 1,544 | 1,479 | 1,642 |
| Operating income | 2,923 | 2,350 | 1,941 | 2,318 | 2,277 |
| Interest expense | 269 | 235 | 263 | 259 | 246 |
| Pre-tax income | 398 | (1,601) | 3,707 | 2,278 | 2,307 |
| Income tax | 146 | (327) | 932 | 297 | 311 |
| Net income | 13,608 | (1,269) | 2,767 | 1,975 | 2,031 |
| Diluted EPS | $20.54 | −$2.27 | $5.19 | $3.94 | $4.34 |
| Diluted shares (millions) | 663 | 558 | 533 | 501 | 468 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
8.76 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 6, 2026