eBay (BUE:EBAY) Gross Margin % : 71.78% (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is eBay Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. eBay's Gross Profit for the three months ended in Sep. 2024 was ARS1,757,474 Mil. eBay's Revenue for the three months ended in Sep. 2024 was ARS2,448,488 Mil. Therefore, eBay's Gross Margin % for the quarter that ended in Sep. 2024 was 71.78%.

Warning Sign:

eBay Inc gross margin has been in long-term decline. The average rate of decline per year is -1.8%.

The historical rank and industry rank for eBay's Gross Margin % or its related term are showing as below:

BUE:EBAY' s Gross Margin % Range Over the Past 10 Years
Min: 71.98 Med: 78.04 Max: 81.08
Current: 72.02

During the past 13 years, the highest Gross Margin % of eBay was 81.08%. The lowest was 71.98%. And the median was 78.04%.

BUE:EBAY's Gross Margin % is ranked better than
94.34% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.88 vs BUE:EBAY: 72.02

eBay had a gross margin of 71.78% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for eBay was -1.80% per year.

eBay Gross Margin % Historical Data

The historical data trend for eBay's Gross Margin % 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.

* Premium members only.

eBay Gross Margin % Chart

eBay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

78.66

79.80

74.57

72.64

71.98

eBay Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Margin %	Get a 7-Day Free Trial															71.80	72.29	72.61	71.42	71.78

Competitive Comparison of eBay's Gross Margin %

For the Internet Retail subindustry, eBay's Gross Margin %, along with its competitors' market caps and Gross Margin % 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's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, eBay's Gross Margin % distribution charts can be found below:

* The bar in red indicates where eBay's Gross Margin % falls into.

eBay Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

eBay's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	2627719	/	3650432.003
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3650432.003 - 1022713.001)	/	3650432.003
	=	71.98 %

eBay's Gross Margin for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )	=	Gross Profit (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	1757474.4	/	2448487.892
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2448487.892 - 691013.469)	/	2448487.892
	=	71.78 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

eBay (BUE:EBAY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

eBay had a gross margin of 71.78% for the quarter that ended in Sep. 2024 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

eBay Gross Margin % Related Terms

Thank you for viewing the detailed overview of eBay's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

eBay Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » eBay Inc (BUE:EBAY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

EBAY:USA EBAY:Mexico 1EBAY:Italy EBAd:UK EBA:Germany EBA:Germany EBA:Germany EBA:Germany EBAY34:Brazil EBAY:Austria

Address

2025 Hamilton Avenue, San Jose, CA, USA, 95125

Website

https://www.ebay.com

EBay operates one of the largest e-commerce marketplaces in the world, with $73 billion in 2023 gross merchandise volume rendering the firm a top 10 global e-commerce company. It generates revenue from listing fees, advertising, revenue-sharing arrangements with service providers, and managed payments, with its platform connecting more than 130 million buyers and roughly 20 million sellers across almost 190 global markets at the end of 2023. EBay generates just north of 50% of its GMV in international markets, with a large presence in the UK, Germany, and Australia.