eBay (CHIX:EBAD) EBIT: €2,180 Mil (TTM As of Mar. 2026)


CHIX:EBAD eBay Inc CHIX:EBAD
82 GF Score
Price €60.22
GF Value €44.36
! 8 Warning Signs
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What is eBay EBIT?

eBay CHIX:EBAD 82 EBIT is €2,180 Mil as of Mar. 2026. GuruFocus rates CHIX:EBAD with a GF Score™ of 82/100 and a GF Value™ of €44.36. The stock has 8 warning signs investors should review.

eBay's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €587 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €2,180 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. eBay's annualized ROC % for the quarter that ended in Mar. 2026 was 14.92%. eBay's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 160.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. eBay's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.78%.


eBay  (CHIX:EBAd) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

eBay's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2114.06 * ( 1 - 17.15% )/( (12101.18 + 11374.75)/ 2 )
=1751.49871/11737.965
=14.92 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=15038.94 - 2554.314 - ( 2492.826 - max(0, 3959.998 - 4343.444+2492.826))
=12101.18

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=15477.445 - 3129.57 - ( 3338.9 - max(0, 4440.91 - 5414.035+3338.9))
=11374.75

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

eBay's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2349.34/( ( (1508.164 + max(-1757.532, 0)) + (1422.06 + max(-2037.94, 0)) )/ 2 )
=2349.34/( ( 1508.164 + 1422.06 )/ 2 )
=2349.34/1465.112
=160.35 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(983.808 + 0 + 476.532) - (2554.314 + 36.722 + 626.836)
=-1757.532

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1157.37 + 0 + 487.86) - (3129.57 + 43.25 + 510.35)
=-2037.94

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

eBay's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2179.804/45644.341
=4.78 %

* 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 EBIT Related Terms


eBay EBIT Historical Data

* Premium members only.

The historical data trend for eBay's EBIT 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 EBIT Chart

eBay Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 590.30 -1,289.50 3,640.49 2,422.84 2,180.26

eBay Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 638.25 467.31 541.02 584.14 587.34

CHIX:EBAD vs SE, JD, CPNG: EBIT Comparison

For the Internet Retail subindustry, eBay's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Retail - Cyclical Industry

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

* The bar in red indicates where eBay's EV-to-EBIT falls into.


CHIX:EBAD
82GF Score
eBay Inc CHIX:EBAD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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eBay EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,180 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €2,180 Mil mean?
eBay (CHIX:EBAD) has a EBIT of €2,180 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on eBay.
Is eBay's EBIT too high?
eBay's current EBIT is €2,180 Mil. Overall, eBay has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does eBay's EBIT compare to SE and JD?
eBay's EBIT of €2,180 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on eBay. eBay's current EBIT is €2,180 Mil. 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 EBIT of €2,180 Mil. The stock's GF Value™ is €44.36, compared to a current price of €60.22 — trading 35.8% above its estimated fair value. The current EBIT is €2,180 Mil. eBay's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For eBay (CHIX:EBAD), the current EBIT is €2,180 Mil 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 35.8% above its estimated GF Value™ of €44.36.

Key valuation signals for CHIX:EBAD:

  • EBIT: €2,180 Mil
  • GF Value™: €44.36 vs. price of €60.22 (35.8% above fair value)
  • GF Score™: 82/100 with 8 warning signs

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.
82GF Score

Get the complete analysis for CHIX:EBAD

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

€60.22
Price
€44.36
GF Value