Ebay (EBAY) FY2022 results: revenue $9.8 billion, down 6.0% on the year
Ebay Inc. (EBAY) reported revenue of $9.8 billion for fiscal 2022, the year ended 31 December 2022, down 6.0% on the year before. Net income was -$1.3 billion, and diluted earnings per share $-2.27. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$9.8 billion
-6.0% on the year
FY2015FY2022
Operating margin
24.0%
28.1% a year earlier
FY2015FY2022
Net income
-$1.3 billion
FY2015FY2022
Diluted EPS
-$2.27
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
2,254
2,657
2,419
-15.2%
Capital expenditure
449
444
463
+1.1%
Free cash flow
1,805
2,213
1,956
-18.4%
Free cash flow margin
18.4%
21.2%
22.0%
Cash from investing
2,461
3,663
3,794
-32.8%
Cash from financing
-3,792
-6,532
-5,692
Depreciation and amortisation
442
485
560
-8.9%
Share-based compensation
494
477
417
+3.6%
Buybacks
3,143
7,055
5,137
-55.5%
Dividends paid
489
466
447
+4.9%
Diluted shares, weighted
558m
663m
718m
-15.8%
Shares outstanding at period end
539m
594m
684m
-9.3%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
5,153
9,778
3,561
-47.3%
Debt
8,871
9,082
7,746
-2.3%
Operating lease liabilities
418
200
316
+109.0%
Finance lease liabilities
n/a
n/a
5.0
Other liabilities
6,408
7,566
7,682
-15.3%
Total liabilities and equity
20,850
26,626
19,310
-21.7%
Fixed assets
1,238
1,236
1,292
+0.2%
Goodwill
4,262
4,178
4,285
+2.0%
Intangible assets
115
8.0
12.0
+1,337.5%
Investments
2,625
5,944
3,225
-55.8%
Cash and equivalents
2,154
1,379
1,101
+56.2%
Receivables
90.0
98.0
362
-8.2%
Other assets
10,366
13,783
9,033
-24.8%
Total assets
20,850
26,626
19,310
-21.7%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.