EBAY
EBAY returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 23.47% | 20.48% | — | 47.21% | 12.38% | 15.8 pp |
| FY 2026 Q1 | Mar 31, 2026 | 23.47% | 17.59% | — | 43.58% | 11.07% | 15.8 pp |
| FY 2025 Q4 | Dec 31, 2025 | 20.06% | 17.36% | — | 41.56% | 10.99% | 12.4 pp |
| FY 2025 Q3 | Sep 30, 2025 | 20.44% | 16.92% | — | 43.04% | 11.57% | 12.7 pp |
| FY 2025 Q2 | Jun 30, 2025 | 18.74% | 16.83% | — | 42.52% | 11.39% | 11 pp |
| FY 2025 Q1 | Mar 31, 2025 | 19.33% | 15.74% | — | 36.35% | 10.11% | 11.6 pp |
| FY 2024 Q4 | Dec 31, 2024 | 18.09% | 15.27% | — | 34.19% | 9.64% | 10.4 pp |
| FY 2024 Q3 | Sep 30, 2024 | 14.76% | 14.24% | 12.14% | 35.69% | 9.83% | 7.1 pp |
| FY 2024 Q2 | Jun 30, 2024 | 14.11% | 13.2% | -18.37% | 49.87% | 13.34% | 6.4 pp |
| FY 2024 Q1 | Mar 31, 2024 | 13.25% | 12.21% | -34.38% | 45.25% | 12.74% | 5.5 pp |
| FY 2023 Q4 | Dec 31, 2023 | 11.55% | 11.53% | — | 47.92% | 13.03% | 3.9 pp |
| FY 2023 Q3 | Sep 30, 2023 | 15.04% | 13.3% | — | 50.5% | 13.48% | 7.3 pp |
| FY 2023 Q2 | Jun 30, 2023 | 15.09% | 13.77% | — | 25.52% | 6.77% | 7.4 pp |
| FY 2023 Q1 | Mar 31, 2023 | 14.67% | 12.74% | — | 10.27% | 2.97% | 7 pp |
| FY 2022 Q4 | Dec 31, 2022 | — | 12.18% | — | -17% | -5.35% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | 12.65% | — | 0.35% | 0.12% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | 12.1% | — | 3.95% | 1.4% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 17.56% | — | 214.82% | 55.75% | — |
| FY 2021 Q4 | Dec 31, 2021 | 12.88% | 15.67% | -1.84% | 204.03% | 59.25% | 5.2 pp |
| FY 2021 Q3 | Sep 30, 2021 | 14.76% | 15.12% | -0.76% | 180.08% | 52.37% | 7.1 pp |
| FY 2021 Q2 | Jun 30, 2021 | 14.44% | 13.93% | 1.67% | 161.88% | 49.71% | 6.7 pp |
| FY 2021 Q1 | Mar 31, 2021 | 22.55% | 21.67% | — | 98.42% | 15.38% | 14.8 pp |
| FY 2020 Q4 | Dec 31, 2020 | 19.61% | 18.43% | — | 176.24% | 30.24% | 11.9 pp |
| FY 2020 Q3 | Sep 30, 2020 | 21.36% | 18.56% | — | 173.76% | 28.96% | 13.7 pp |
| FY 2020 Q2 | Jun 30, 2020 | 16.7% | 16.63% | — | 143.38% | 24.4% | 9 pp |
| FY 2020 Q1 | Mar 31, 2020 | 15.02% | 14.59% | — | 127.9% | 22.69% | 7.3 pp |
| FY 2019 Q4 | Dec 31, 2019 | 14.77% | 14.29% | — | 39.03% | 8.71% | 7.1 pp |
| FY 2019 Q3 | Sep 30, 2019 | — | 13.74% | — | 39.02% | 9.39% | — |
| FY 2019 Q2 | Jun 30, 2019 | 16.52% | 12.89% | — | 42.68% | 10.63% | 8.8 pp |
| FY 2019 Q1 | Mar 31, 2019 | 15.72% | 11.31% | 2,338.48% | 41.27% | 11.27% | 8 pp |
| FY 2018 Q4 | Dec 31, 2018 | 13.09% | 10.89% | — | 35.28% | 10.37% | 5.4 pp |
| FY 2018 Q3 | Sep 30, 2018 | — | 10.4% | — | -9.13% | -3.35% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 10.06% | — | -11.05% | -4% | — |
| FY 2018 Q1 | Mar 31, 2018 | 11.35% | 10.85% | — | -17.13% | -6.66% | 3.7 pp |
| FY 2017 Q4 | Dec 31, 2017 | — | 10.67% | — | -10.92% | -4.08% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | 11.34% | — | 83.1% | 32.39% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | 10.84% | — | 82.68% | 31.22% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | 11.92% | — | 87.3% | 35.21% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | 13.09% | — | 84.91% | 34.91% | — |
| FY 2016 Q3 | Sep 30, 2016 | 14.04% | 15.33% | -19.71% | 27.15% | 9.3% | 6.3 pp |
| FY 2016 Q2 | Jun 30, 2016 | 10.85% | 10.28% | — | 14.72% | 5.89% | 3.2 pp |
| FY 2016 Q1 | Mar 31, 2016 | 12.15% | 11.6% | — | 12.23% | 4.91% | 4.4 pp |
| FY 2015 Q4 | Dec 31, 2015 | 10.86% | 10.19% | — | 13.03% | 5.48% | 3.2 pp |
| FY 2015 Q3 | Sep 30, 2015 | 15.75% | 14.86% | — | 17.27% | 7.23% | 8.1 pp |
| FY 2015 Q2 | Jun 30, 2015 | 13.41% | 12.58% | — | 12.4% | 5.51% | 5.7 pp |
| FY 2015 Q1 | Mar 31, 2015 | 14.48% | 12.95% | — | 15.32% | 7.02% | 6.8 pp |
| FY 2014 Q4 | Dec 31, 2014 | 0.21% | 12.45% | — | 0.21% | 0.11% | -7.5 pp |
| FY 2014 Q3 | Sep 30, 2014 | — | 12.41% | — | -0.6% | -0.3% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 13.7% | — | -0.55% | -0.28% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | 13.5% | — | -0.72% | -0.37% | — |
| FY 2013 Q4 | Dec 31, 2013 | 13.28% | 12.26% | 7.1% | 12.83% | 7.27% | 5.6 pp |
| FY 2013 Q3 | Sep 30, 2013 | 13.7% | 12.05% | 7.92% | 12.92% | 7.6% | 6 pp |
| FY 2013 Q2 | Jun 30, 2013 | 14.57% | 12.78% | 20.93% | 13.14% | 7.98% | 6.9 pp |
| FY 2013 Q1 | Mar 31, 2013 | 14.38% | 12.77% | 21.73% | 13.65% | 8.21% | 6.7 pp |
| FY 2012 Q4 | Dec 31, 2012 | 14.42% | 12.36% | 14.91% | 13.45% | 8.1% | 6.7 pp |
| FY 2012 Q3 | Sep 30, 2012 | 13.95% | 12.53% | 25.18% | 21.28% | 13.37% | 6.3 pp |
| FY 2012 Q2 | Jun 30, 2012 | 13.23% | 13.14% | 14.87% | 21.25% | 14.06% | 5.5 pp |
| FY 2012 Q1 | Mar 31, 2012 | 14.06% | 12.47% | — | 19.18% | 12.98% | 6.4 pp |
| FY 2011 Q4 | Dec 31, 2011 | 14.6% | 12.47% | 5.2% | 19.44% | 13.09% | 6.9 pp |
| FY 2011 Q3 | Sep 30, 2011 | — | 12.67% | — | 11.6% | 8.07% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | — | — | — | — | — |
| FY 2011 Q1 | Mar 31, 2011 | — | — | — | — | — | — |
| FY 2010 Q4 | Dec 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Sep 30, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · EBAY, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.