eBay Inc. (EBAY)财务
NASDAQ · Consumer Cyclical · Specialty Retail · 员工12,300人 · CEO Jamie J. Iannone
- 股价
- $121.64 +0.37%
- 市值
- $541亿
- 企业价值
- $600亿
- 最近财报
- Q3 '26 2026-10-29提交
- 下次财报
- 2027-02-17 EPS预期 $1.47
营收(TTM)$124亿+15.7% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)20.2%-0.5 百分点 对比去年同期营业利润 $25亿
净利润(TTM)$20.9亿-4.4% 对比去年同期税后,含营业外收益
自由现金流(TTM)$24.1亿+57.9% 对比去年同期资本支出 $5.38亿
稀释EPS(TTM)$4.58-0.2% 对比去年同期最近4个季度之和
净现金-$51亿-35.8% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $541亿 EV $600亿
- 营收
- $124亿 过去12个月
- 营收增速
- +14% FY2026年一致预期
- 净利润率
- 16.8% 净利润 / 营收,TTM
- P/E
- 26.0× 预期 19.4×(FY2026)
- P/S
- 4.4× 股价 / 营收,TTM
- EV / EBITDA
- 18.8× TTM
- 自由现金流
- $24.1亿 过去12个月
- 净利润
- $20.9亿 过去12个月
- 营收预期
- $127亿 FY2026年一致预期
- 盈利
- 2027-02-17 营收预期 $32.3亿
- 股息
- $1.22 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-28):营收超预期2.9%,EPS 超预期7.1%营收$32.1亿,预期$31.2亿(+2.9%);EPS $1.51,预期$1.41(+7.1%)。
- 营收增长平稳:同比13.7%Q3 '26营收$32.1亿,此前四个季度的平均值为14.7%。
- 营业利润率20.2%(TTM),较去年同期-0.5 百分点营收增长15.7%,营业利润增长12.8%。
- 资本支出占营收的4.3%(去年为4.9%)最近4个季度投入$5.38亿(同比+2.5%)。自由现金流$24.1亿,相当于净利润的115.6%。
- 股东回报$27.6亿 = 自由现金流的114.2%回购$22.1亿(去年为$26.8亿),股息$5.46亿,股权激励$5.11亿(TTM)。 超过自由现金流:由现金储备或举债支付。
- 稀释股数一年内减少3.0%Q3 '26稀释股数4.53亿,一年前为4.67亿。
- 净债务 $51亿现金 + 短期投资 $19.8亿,含租赁债务 $70.8亿;一年前净债务 $37.6亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $32.1亿 | $28.2亿 | +13.7% |
| 毛利率 | 72.3% | 70.9% | +1.4 百分点 |
| 营业利润 | $6.16亿 | $5.76亿 | +6.9% |
| 营业利润率 | 19.2% | 20.4% | -1.2 百分点 |
| 净利润 | $4.97亿 | $6.32亿 | -21.4% |
| 稀释EPS | $1.10 | $1.35 | -18.5% |
| 经营现金流 | $8.75亿 | $8.96亿 | -2.3% |
| 资本支出 | $1.26亿 | $1.31亿 | -3.8% |
| 自由现金流 | $7.49亿 | $7.65亿 | -2.1% |
| R&D | $5.17亿 | $4.23亿 | +22.2% |
| 股权激励费用 | $1.73亿 | $1.47亿 | +17.7% |
实际 vs 一致预期
2026-10-28| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $32.1亿 | $31.2亿 | +2.9% |
| EPS(一致预期口径) | $1.51 | $1.41 | +7.1% |
来自2026-10-28发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Marketplaces | $26亿 | +13.2% | 81.1% | $101亿 | – | |
| Advertising Revenues | $6.07亿 | +15.6% | 18.9% | $23.3亿 | – |
按地区划分的营收
占总额比例| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $18.3亿 | +26.0% | 57.1% | $69.1亿 | +24.9% | |
| Rest of World | $6.67亿 | +79.3% | 20.8% | $23.5亿 | +57.5% | |
| United Kingdom | $3.96亿 | -6.2% | 12.4% | $16亿 | +9.4% | |
| CHINA | $3.12亿 | -3.7% | 9.7% | $12.8亿 | +3.1% | |
| GERMANY | – | – | – | – | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $29.5亿
- 资本支出
- -$5.38亿
- 股票回购
- -$22.1亿
- 股息
- -$5.46亿
- 收购
- -$13.6亿
- 债务净发行
- -$1200万
- 股权激励费用
- $5.11亿
- 自由现金流
- $24.1亿
- 股东回报 / FCF
- 114.2%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 26.0× | 11.7× 5年中的4年 | 3.2× – 19.6× |
| EV / EBITDA | 18.8× | 19.6× 5年中的4年 | 6.7× – 44.0× |
| EV / 营收 | 4.8× | 3.7× | 2.9× – 4.9× |
| 股价 / FCF | 22.4× | 16.7× | 11.7× – 23.6× |
| 股价 / 净资产 | 12.2× | 5.4× | 3.6× – 8.5× |
| FCF收益率 | 4.5% | 6.4% | 4.2% – 8.5% |
| 投入资本回报率 | 15.5% | 10.8% | 7.9% – 14.4% |
| 净资产收益率 | 46.1% | 48.0% | -24.6% – 139.2% |
分析师
一致目标价 $132.06 (+8.6%)
区间 $106.00 – $153.00 · 评级 Buy
强烈买入1
买入35
持有34
卖出1
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $127亿 | +14.0% | $6.27 | +44.6% | 19.4× | 20 |
| FY2027 | $136亿 | +7.3% | $6.88 | +9.7% | 17.7× | 20 |
| FY2028 | $145亿 | +6.9% | $7.83 | +13.8% | 15.5× | 14 |
| FY2029 | $153亿 | +5.8% | $8.88 | +13.4% | 13.7× | 7 |
| FY2030 | $167亿 | +9.0% | $10.87 | +22.4% | 11.2× | 11 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
eBay Inc.在近期10-Q / 10-K文件中标记的全部271项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $3.39亿 | $3.08亿 | +10.1% | $2.42亿 | $2.57亿 | -5.8% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $1.47亿 | $1.22亿 | +20.5% | $1.35亿 | $1.08亿 | +25.0% |
| Accounts Receivable, Allowance for Credit Loss | $900万2025-09-30 | $1000万 | -10.0% | $1300万2024-12-31 | $2300万 | -43.5% |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | $700万2025-09-30 | $1500万 | -53.3% | $2900万2024-12-31 | $900万 | +222.2% |
| Accounts Receivable, Credit Loss Expense (Reversal) | $400万2025-09-30 | – | – | – | – | – |
| Accrued Advertising, Current | $3.07亿 | $2.58亿 | +19.0% | $2.26亿 | $2.22亿 | +1.8% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $37.7亿2025-12-31 | $48.7亿 | -22.6% | $37.7亿 | $48.7亿 | -22.6% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $1.85亿 | $2.12亿 | -12.7% | $2.07亿 | $2.06亿 | +0.5% |
| Additional Paid in Capital | $191亿 | $186亿 | +2.5% | $188亿 | $183亿 | +2.7% |
| Amortization of Intangible Assets | $2500万 | $1200万 | +108.3% | $3700万2024-12-31 | $3500万 | +5.7% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 100万 | 0 | – | 300万 | 400万 | -25.0% |
| AOCI Tax, Attributable to Parent | -$1800万 | -$2200万 | +18.2% | -$1900万 | -$800万 | -137.5% |
| Asset Impairment Charges | – | – | – | $0 | $0 | – |
| Assets | $180亿 | $178亿 | +1.2% | $176亿 | $194亿 | -9.1% |
| Assets, Current | $47.9亿 | $53.9亿 | -11.3% | $50.9亿 | $75.7亿 | -32.8% |
| Capitalized Computer Software, Amortization | – | – | – | $1.14亿 | $1.14亿 | 0.0% |
| Cash and Cash Equivalents, at Carrying Value | $11.7亿 | $24.2亿 | -51.9% | $18.7亿 | $24.3亿 | -23.3% |
| Cash Provided by (Used in) Operating Activities, Discontinued Operations | $0 | -$3800万 | +100.0% | -$5000万 | $0 | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $37亿2026-06-30 | $32.3亿 | +14.5% | $30.6亿 | $32.9亿 | -7.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $26.1亿 | $35.1亿 | -25.6% | $30.6亿 | $32.9亿 | -7.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$10.9亿 | $2.82亿 | -485.1% | -$2.31亿 | $7.93亿 | -129.1% |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 35.8亿 | 35.8亿 | 0.0% | 35.8亿 | 35.8亿 | 0.0% |
| Common Stock, Shares, Outstanding | 4.4亿 | 4.54亿 | -3.1% | 4.49亿 | 4.71亿 | -4.7% |
| Common Stock, Value, Issued | $200万 | $200万 | 0.0% | $200万 | $200万 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $4.79亿 | $6.45亿 | -25.7% | $20.3亿 | $20亿 | +1.8% |
| Contract with Customer, Liability, Current | $5000万 | $4100万 | +22.0% | $4300万 | $3200万 | +34.4% |
| Contract with Customer, Liability, Revenue Recognized | $100万2025-09-30 | $100万 | 0.0% | $3200万2024-12-31 | $3300万 | -3.0% |
| Cost of Revenue | $8.87亿 | $7.94亿 | +11.7% | $31.7亿 | $28.8亿 | +10.0% |
| Current Federal Tax Expense (Benefit) | – | – | – | $1.27亿 | $9.85亿 | -87.1% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $1.01亿 | $9700万 | +4.1% |
| Current Income Tax Expense (Benefit) | – | – | – | $2.67亿 | $11.7亿 | -77.2% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $3900万 | $8900万 | -56.2% |
| Debt and Lease Obligation | $67.3亿 | $67.5亿 | -0.3% | $67.5亿 | $74.3亿 | -9.1% |
| Debt Securities, Available-for-sale | $21.8亿 | $29亿 | -24.8% | $28.9亿 | $47.7亿 | -39.4% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer | $3800万 | $6800万 | -44.1% | $7100万 | $3.61亿 | -80.3% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | $0 | $200万 | -100.0% | $100万 | $800万 | -87.5% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months | $18.6亿 | $8.03亿 | +131.6% | $4.45亿 | $6.88亿 | -35.3% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | $3100万 | $100万 | +3,000.0% | $0 | $400万 | -100.0% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One | $8.09亿 | $9.55亿 | -15.3% | $10.5亿 | $34.6亿 | -69.6% |
| Debt Securities, Available-for-sale, Unrealized Loss Position | $19亿 | – | – | $5.16亿 | $10.5亿 | -50.8% |
| Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss | $3100万 | – | – | $100万 | $1200万 | -91.7% |
| Debt, Current | $16亿 | $17.5亿 | -8.5% | $7.5亿 | $16.7亿 | -55.2% |
| Decrease in Unrecognized Tax Benefits is Reasonably Possible | – | – | – | $1.7亿2024-12-31 | – | – |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $8900万 | -$9.93亿 | +109.0% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$5700万 | $1.65亿 | -134.5% |
| Deferred Income Tax Assets, Net | $29.3亿 | $29亿 | +1.1% | $29.6亿 | $29.4亿 | +0.8% |
| Deferred Income Tax Expense (Benefit) | $3200万 | $6900万 | -53.6% | $4400万 | -$8.74亿 | +105.0% |
| Deferred Income Tax Liabilities, Net | $14.6亿 | $13.8亿 | +5.8% | $14.7亿 | $14.1亿 | +4.8% |
| Deferred Income Taxes and Other Tax Receivable, Current | $4.06亿 | $1.4亿 | +190.0% | $1.94亿 | $1.15亿 | +68.7% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $1200万 | -$4600万 | +126.1% |
| Deferred Tax Assets, Goodwill and Intangible Assets | $27.4亿2025-12-31 | $27亿 | +1.5% | $27.4亿 | $27亿 | +1.5% |
| Deferred Tax Assets, Gross | $39.3亿2025-12-31 | $39.2亿 | +0.2% | $39.3亿 | $39.2亿 | +0.2% |
| Deferred Tax Assets, Investments | $100万2025-12-31 | $0 | – | $100万 | $0 | – |
| Deferred Tax Assets, Net | $14.9亿2025-12-31 | $15.3亿 | -2.9% | $14.9亿 | $15.3亿 | -2.9% |
| Deferred Tax Assets, Net of Valuation Allowance | $37.3亿2025-12-31 | $37.6亿 | -0.7% | $37.3亿 | $37.6亿 | -0.7% |
| Deferred Tax Assets, Operating Loss Carryforwards, Not Subject to Expiration | $3500万2025-12-31 | $400万 | +775.0% | $3500万 | $400万 | +775.0% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $800万2025-12-31 | $1000万 | -20.0% | $800万 | $1000万 | -20.0% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Returns and Allowances | $5.24亿2025-12-31 | $5.54亿 | -5.4% | $5.24亿 | $5.54亿 | -5.4% |
| Deferred Tax Assets, Valuation Allowance | $1.96亿2025-12-31 | $1.63亿 | +20.2% | $1.96亿 | $1.63亿 | +20.2% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
数据截至 2026-11-02