eBay (CHIX:EBAD) Debt-to-EBITDA : 2.33 (As of Mar. 2026) — 10% Below Median


CHIX:EBAD eBay Inc CHIX:EBAD
78 GF Score
Price €60.22
GF Value €41.57
! 8 Warning Signs
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What is eBay Debt-to-EBITDA?

eBay CHIX:EBAD 78 Debt-to-EBITDA is 2.33 as of Mar. 2026, which is 10% below its 10-year median of 2.59. GuruFocus rates CHIX:EBAD with a GF Score™ of 78/100 and a GF Value™ of €41.57. The stock has 8 warning signs investors should review. Among 896 Retail - Cyclical companies, eBay ranks worse than 50.11% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

eBay's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €758 Mil. eBay's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €5,472 Mil. eBay's annualized EBITDA for the quarter that ended in Mar. 2026 was €2,671 Mil. eBay's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.33.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for eBay's Debt-to-EBITDA or its related term are showing as below:

CHIX:EBAd' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.2   Med: 2.59   Max: 8.07
Current: 2.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of eBay was 8.07. The lowest was -10.20. And the median was 2.59.

CHIX:EBAd's Debt-to-EBITDA is ranked worse than
50.11% of 896 companies
in the Retail - Cyclical industry
Industry Median: 2.405 vs CHIX:EBAd: 2.41

eBay  (CHIX:EBAd) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


eBay Debt-to-EBITDA Related Terms


eBay Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for eBay's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

eBay Debt-to-EBITDA Chart

eBay Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.07 -10.20 1.88 2.75 2.43

eBay Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.42 2.66 2.41 2.25 2.33

CHIX:EBAD vs SE, JD, CPNG: Debt-to-EBITDA Comparison

For the Internet Retail subindustry, eBay's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


eBay Debt-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, eBay's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where eBay's Debt-to-EBITDA falls into.


CHIX:EBAD
78GF Score
eBay Inc CHIX:EBAD
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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eBay Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

eBay's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(742.126 + 5389.594) / 2527.84
=2.43

eBay's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(757.74 + 5471.99) / 2671.12
=2.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.33 mean?
eBay (CHIX:EBAD) has a Debt-to-EBITDA of 2.33 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on eBay. This is 10% below median its historical median of 2.59. According to the industry distribution chart, eBay ranks #449 out of 896 companies in the Retail - Cyclical industry, placing it in the top 50.1%.
Is eBay's Debt-to-EBITDA too high?
eBay's current Debt-to-EBITDA of 2.33 is 10% below median its 10-year median of 2.59. The Retail - Cyclical industry median Debt-to-EBITDA is 2.41. eBay's value of 2.33 is 3.1% below this industry median. Based on the distribution chart, eBay ranks #449 out of 896 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, eBay has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does eBay's Debt-to-EBITDA compare to SE and JD?
According to the Retail - Cyclical industry distribution chart, eBay ranks #449 out of 896 companies for Debt-to-EBITDA. This places eBay in the lower half of its industry. The industry median Debt-to-EBITDA is 2.41. eBay's value of 2.33 is 3.1% below this benchmark. While the company's 10-year median is 2.59 vs. the industry median of 2.41, eBay has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.41, based on 896 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. eBay's current Debt-to-EBITDA of 2.33 is 3.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on eBay. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eBay's current Debt-to-EBITDA is 2.33, which is 10% below median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eBay stock overvalued right now?
eBay (CHIX:EBAD) has a current Debt-to-EBITDA of 2.33. The stock's GF Value™ is €41.57, compared to a current price of €60.22 — trading 44.9% above its estimated fair value. The current Debt-to-EBITDA is 2.33, which is 10% below median its 10-year median of 2.59 and 3.1% below the Retail - Cyclical industry median of 2.41. eBay's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For eBay (CHIX:EBAD), the current Debt-to-EBITDA is 2.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is eBay (CHIX:EBAD) Overvalued in 2026?

Based on GuruFocus' analysis, eBay stock appears to be overvalued. The current stock price of €60.22 is trading 44.9% above its estimated GF Value™ of €41.57.

Key valuation signals for CHIX:EBAD:

  • Debt-to-EBITDA: 2.33 (10% below median its 10-year median of 2.59)
  • GF Value™: €41.57 vs. price of €60.22 (44.9% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 3.1% below the Retail - Cyclical median (#449 of 896)

No single metric tells the full story. See the CHIX:EBAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


eBay Business Description

Address 2025 Hamilton Avenue, San Jose, CA, USA, 95125
Founded in 1995, eBay operates one of the world's largest online marketplaces, connecting buyers and sellers across more than 190 markets. In 2025, the firm generated $11.1 billion in revenue on nearly $80 billion of gross merchandise volume, serving 135 million active buyers and 18 million active sellers (users who closed at least one transaction in the past year). The firm monetizes its marketplace primarily through transaction fees and advertising, with 52% of revenue derived from the US and the remainder from international markets. In a bid to expand its reach among Generation Z and in the recommerce sector, eBay announced the $1.2 billion acquisition of fashion resale app Depop from Etsy in early 2026.
78GF Score

Get the complete analysis for CHIX:EBAD

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€60.22
Price
€41.57
GF Value