Ebay (EBAY) Return on Invested Capital [ROIC] (2009 - 2026)
Ebay's Return on Invested Capital [ROIC] came in at 19.27% for Q2 2026, up 2.42 percentage points from 16.85% a year earlier and up 1.55 percentage points from the prior quarter.
Ebay (EBAY) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Ebay's Return on Invested Capital [ROIC] was 16.55%, up 1.45 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of -0.52 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 15.10% in FY2024 (+5.18 pp), 9.92% in FY2023 (-0.65 pp), 10.57% in FY2022 (-1.17 pp) and 11.74% in FY2021 (-5.33 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q1 2021.
- Year-over-year, Return on Invested Capital [ROIC] has increased for eight consecutive quarters, with an average year-over-year change of +3.43 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q1 2025 (a gain of 5.61 percentage points), and the weakest in Q4 2021 (a drop of 8.72 percentage points).
- Business Quant data shows EBAY's Return on Invested Capital [ROIC] at 17.71% (Q1 2026), 17.29% (Q4 2025) and 18.09% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | 18.61% |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | 20.90% |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 26.42% |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | 2.38% |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 17.38% |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 75.49% |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | - |
| 10 | Ebay | 49.92 Bn | 36.46 Bn | 2.30 Bn | 19.27% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.27% |
| Mar 31, 2026 | 17.71% |
| Dec 31, 2025 | 17.29% |
| Sep 30, 2025 | 18.09% |
| Jun 30, 2025 | 16.85% |
| Mar 31, 2025 | 16.39% |
| Dec 31, 2024 | 15.86% |
| Sep 30, 2024 | 12.63% |
| Jun 30, 2024 | 11.40% |
| Mar 31, 2024 | 10.79% |
| Dec 31, 2023 | 10.48% |
| Sep 30, 2023 | 12.22% |
| Jun 30, 2023 | 12.69% |
| Mar 31, 2023 | 12.77% |
| Dec 31, 2022 | 13.47% |
| Sep 30, 2022 | 15.30% |
| Jun 30, 2022 | 14.50% |
| Mar 31, 2022 | 13.06% |
| Dec 31, 2021 | 9.20% |
| Sep 30, 2021 | 9.93% |
Ebay Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=EBAY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "EBAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=EBAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();