Ebay (EBAY) FY2023 results: revenue $10.1 billion, up 3.2% on the year
Ebay Inc. (EBAY) reported revenue of $10.1 billion for fiscal 2023, the year ended 31 December 2023, up 3.2% on the year before. Net income was $2.8 billion, and diluted earnings per share $5.19. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2024.
Revenue
$10.1 billion
+3.2% on the year
FY2016FY2023
Operating margin
19.2%
24.0% a year earlier
FY2016FY2023
Net income
$2.8 billion
FY2016FY2023
Diluted EPS
$5.19
FY2016FY2023
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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
2,426
2,254
2,657
+7.6%
Capital expenditure
456
449
444
+1.6%
Free cash flow
1,970
1,805
2,213
+9.1%
Free cash flow margin
19.5%
18.4%
21.2%
Cash from investing
240
2,461
3,663
-90.2%
Cash from financing
-2,450
-3,792
-6,532
Depreciation and amortisation
441
442
485
-0.2%
Share-based compensation
575
494
477
+16.4%
Buybacks
1,401
3,143
7,055
-55.4%
Dividends paid
528
489
466
+8.0%
Diluted shares, weighted
533m
558m
663m
-4.5%
Shares outstanding at period end
517m
539m
594m
-4.1%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
6,396
5,153
9,778
+24.1%
Debt
7,723
8,871
9,082
-12.9%
Operating lease liabilities
387
418
200
-7.4%
Other liabilities
7,114
6,408
7,566
+11.0%
Total liabilities and equity
21,620
20,850
26,626
+3.7%
Fixed assets
1,243
1,238
1,236
+0.4%
Goodwill
4,267
4,262
4,178
+0.1%
Intangible assets
114
115
8.0
-0.9%
Investments
n/a
2,625
5,944
Securities held for sale or to maturity
3,159
n/a
n/a
Cash and equivalents
1,985
2,154
1,379
-7.8%
Receivables
94.0
90.0
98.0
+4.4%
Other assets
10,758
10,366
13,783
+3.8%
Total assets
21,620
20,850
26,626
+3.7%
10-K for the year ended 31 December 2023, filed 28 February 2024: the filing.