eBay (EBAY) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

eBay

NasdaqGS•Consumer Cyclical•Internet Retail

$118.62-2.31(-0.02%)After hours

Market Cap

$52.67B

P/E

25.2x

P/S

4.2x

P/B

11.9x

eBay Inc., together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. Its marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps. The company's platforms enable users to list, sell, buy, and pay various products. The company was founded in 1995 and is headquartered in San Jose, California.

How this company scores

GoodMetricSide Score: 69/100

Strongest: Cash & Earnings Quality (24/25); weakest: Balance Sheet & Red Flags (10/25).

Profitability16/25

Growth19/25

Balance Sheet & Red Flags10/25

Cash & Earnings Quality24/25

Strengths

Growing revenueRising free cash flowStrong marginsHigh ROE

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 25.2x5y range 3.0x – 737.6x

Currently above its 19-quarter median.

P/S · 4.2x5y range 2.2x – 4.2x

Currently above its 20-quarter median.

P/B · 11.9x5y range 3.5x – 11.9x

Currently above its 20-quarter median.

Price & Volume

Market Cap $52.67B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $12.39B
Q. Revenue: $3.21B
TTM EBITDA: $3.14B
TTM Op. Income: $2.50B
Q. Op. Income: $616.00M
TTM Net Income: $2.09B
Q. Net Income: $497.00M
EPS: $1.12
Shares Out.: $444.00M

$12.39B in TTM revenue grew 15.7% YoY, reaching $3.21B last quarter. TTM EBITDA of $3.14B and TTM operating income of $2.50B show growth is flowing through to the bottom line. TTM net income of $2.09B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 72.3%
EBITDA Margin: 22.8%
Op. Margin: 19.2%
Net Margin: 15.5%

Op. margin of 19.2% is down 1.2% YoY — costs are rising relative to revenue. Net margin at 15.5% and gross margin of 72.3% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 6% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 25.2x
P/S Ratio: 4.2x
P/B Ratio: 11.9x

At 25.2x P/E, the stock trades within typical market levels. P/S of 4.2x and P/B of 11.9x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $18.01B
Cash: $1.17B
Long-Term Debt: $5.13B
Book Value: $4.41B
D/E Ratio: 1.2
Debt/EBITDA: 7.0

With $18.01B in assets and $5.13B in long-term debt, D/E is 1.2and book value is $4.41B — moderate leverage. Over the past year, debt/equity is up 10% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $875.00M
TTM Free Cash Flow: $2.45B
FCF Margin: 19.8%
FCF / Net Income: 1.2

TTM FCF of $2.45B on $875.00M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 57% — a weakening trend.