eBay (CHIX:EBAD) Pretax Margin %: 20.01% (As of Mar. 2026) — 11% Below Median


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 Pretax Margin %?

eBay CHIX:EBAD 82 Pretax Margin % is 20.01% as of Mar. 2026, which is 11% below its 10-year median of 22.58. 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. Among 1,128 Retail - Cyclical companies, eBay ranks better than 93.17% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. eBay's Pre-Tax Income for the three months ended in Mar. 2026 was €535 Mil. eBay's Revenue for the three months ended in Mar. 2026 was €2,672 Mil. Therefore, eBay's pretax margin for the quarter that ended in Mar. 2026 was 20.01%.

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

CHIX:EBAd' s Pretax Margin % Range Over the Past 10 Years
Min: -16.35   Med: 22.58   Max: 39.27
Current: 19.74


CHIX:EBAd's Pretax Margin % is ranked better than
93.17% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 3.135 vs CHIX:EBAd: 19.74

eBay  (CHIX:EBAd) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


eBay Pretax Margin % Related Terms


eBay Pretax Margin % Historical Data

* Premium members only.

The historical data trend for eBay's Pretax 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.

eBay Pretax Margin % Chart

eBay Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.82 -16.35 36.66 22.15 20.78

eBay Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % 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 24.33 17.47 20.32 21.01 20.01

CHIX:EBAD vs SE, JD, CPNG: Pretax Margin % Comparison

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

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

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


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

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

eBay's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1970.178/9479.4
=20.78 %

eBay's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=534.57/2671.985
=20.01 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 20.01% mean?
eBay (CHIX:EBAD) has a Pretax Margin % of 20.01% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on eBay and its competitors. This is 11% below median its historical median of 22.58. According to the industry distribution chart, eBay ranks #77 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 6.8%.
Is eBay's Pretax Margin % too high?
eBay's current Pretax Margin % of 20.01% is 11% below median its 10-year median of 22.58. The Retail - Cyclical industry median Pretax Margin % is 3.14. eBay's value of 20.01% is 538.3% above this industry median. Based on the distribution chart, eBay ranks #77 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, eBay has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does eBay's Pretax Margin % compare to SE and JD?
According to the Retail - Cyclical industry distribution chart, eBay ranks #77 out of 1128 companies for Pretax Margin %. This places eBay in the top 7% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.14. eBay's value of 20.01% is 538.3% above this benchmark. While the company's 10-year median is 22.58 vs. the industry median of 3.14, eBay has consistently been above 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 Pretax Margin % for a Retail - Cyclical company?
The median Pretax Margin % among Retail - Cyclical companies is 3.14, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. eBay's current Pretax Margin % of 20.01% is 538.3% above 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on eBay and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eBay's current Pretax Margin % is 20.01%, which is 11% below median its own 10-year median of 22.58. 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 Pretax Margin % of 20.01%. 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 Pretax Margin % is 20.01%, which is 11% below median its 10-year median of 22.58 and 538.3% above the Retail - Cyclical industry median of 3.14. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For eBay (CHIX:EBAD), the current Pretax Margin % is 20.01% 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:

  • Pretax Margin %: 20.01% (11% below median its 10-year median of 22.58)
  • GF Value™: €44.36 vs. price of €60.22 (35.8% above fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 538.3% above the Retail - Cyclical median (#77 of 1128)

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

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

€60.22
Price
€44.36
GF Value