EBAY
eBay Inc.
EBAY has the edge over NVR overall, supported by stronger fundamentals and stronger modeled upside.
NVR
NVR, Inc.
NVR offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
EBAY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Stable |
EBAY's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
NVR Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| Stable | |
| Strong |
NVR's profitability and balance sheet are currently healthy, and its cash flow is stable, but its revenue is under pressure.
EBAY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.9x | $31.50 | -74% |
| Fair | 16x | $71.96 | -40% |
| Forward | 18x | $120 | — |
| Expensive | 22x | $99.04 | -18% |
| Current | 26x | $120 | — |
Historical ranges are pointers, not guarantees.
EBAY's PE is in its expensive range at 26x. If earnings grow as analysts expect, today's price would be 18x next year's earnings.
NVR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 12x | $4,445 | -24% |
| Fair | 16x | $5,774 | -0.7% |
| Current | 16x | $5,814 | — |
| Forward | 17x | $5,814 | — |
| Expensive | 19x | $6,711 | +15% |
Historical ranges are pointers, not guarantees.
NVR has the edge over EBAY in the historical PE scenario, which offers more potential upside but is not a forecast.
EBAY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| Moderate |
EBAY has the edge over NVR on the outlook, with more favorable valuation and earnings expectations.
NVR Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Decline | |
| Stable | |
| Weakening | |
| Limited | |
| Low |
Analysts expect NVR's earnings and profitability to decline, with its revenue holding steady. However, they disagree widely on these estimates.
EBAY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.63 | +45% |
| Q3 2026 | $4.57 | +0.4% |
| Q2 2026 | $4.82 | +7.3% |
| Q1 2026 | $4.40 | +6% |
| Q4 2025 | $4.34 | +10% |
| Q3 2025 | $4.55 | +15% |
| Q2 2025 | $4.49 | -12% |
| Q1 2025 | $4.15 | -17% |
| Q4 2024 | $3.94 | -24% |
EBAY has the edge over NVR on earnings, with more consistent year-over-year improvement.
NVR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $338.23 | -6.6% |
| Q3 2026 | $362.02 | -20% |
| Q2 2026 | $384.90 | -19% |
| Q1 2026 | $409.48 | -16% |
| Q4 2025 | $436.55 | -14% |
| Q3 2025 | $454.79 | -7% |
| Q2 2025 | $472.96 | -2.3% |
| Q1 2025 | $485.11 | +1.1% |
| Q4 2024 | $506.69 | +9.4% |
NVR's earnings per share have fallen from their peak: $362.02 over the past year, against $506.69 in late 2024.
EBAY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.2B | +14% |
| Q2 2026 | $3.1B | +15% |
| Q1 2026 | $3.1B | +19% |
| Q4 2025 | $3B | +15% |
| Q3 2025 | $2.8B | +9.5% |
| Q2 2025 | $2.7B | +6.1% |
| Q1 2025 | $2.6B | +1.1% |
| Q4 2024 | $2.6B | +0.7% |
EBAY has the edge over NVR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | -1.2 points |
| Q2 2026 | 22% | +3.8 points |
| Q1 2026 | 20% | -4 points |
| Q4 2025 | 20% | -0.8 points |
| Q3 2025 | 20% | -2.7 points |
| Q2 2025 | 18% | -3.6 points |
| Q1 2025 | 24% | -0.9 points |
| Q4 2024 | 21% | +5.1 points |
EBAY has the edge over NVR on profitability, with a higher operating margin.
NVR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.4B | -7.9% |
| Q2 2026 | $2.3B | -10% |
| Q1 2026 | $1.9B | -22% |
| Q4 2025 | $2.7B | -4.7% |
| Q3 2025 | $2.6B | -4.5% |
| Q2 2025 | $2.6B | -0.5% |
| Q1 2025 | $2.4B | +3% |
| Q4 2024 | $2.8B | +17% |
NVR's revenue has slid since its 2024 peak: $2.4B last quarter, down 7.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | -3.1 points |
| Q2 2026 | 14% | -3.5 points |
| Q1 2026 | 13% | -3.3 points |
| Q4 2025 | 17% | -2.8 points |
| Q3 2025 | 17% | -2.7 points |
| Q2 2025 | 17% | -3.2 points |
| Q1 2025 | 17% | -3.4 points |
| Q4 2024 | 20% | +0.2 points |
NVR's operating margin was 14% last quarter, down 3.1 points from the same quarter a year ago.
EBAY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $749M | -6.7% |
| Q2 2026 | $300M | +$741M |
| Q1 2026 | $897M | +39% |
| Q4 2025 | $466M | -17% |
| Q3 2025 | $803M | +24% |
| Q2 2025 | -$441M | -259% |
| Q1 2025 | $644M | +36% |
| Q4 2024 | $560M | +$564M |
EBAY has the edge over NVR on cash flow, with more consistent year-over-year improvement.
NVR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $205.1M | -53% |
| Q2 2026 | -$157.7M | -688% |
| Q1 2026 | $334.8M | +67% |
| Q4 2025 | $436M | -31% |
| Q3 2025 | $433.3M | +24% |
| Q2 2025 | $26.8M | -88% |
| Q1 2025 | $200.7M | +46% |
| Q4 2024 | $631.5M | +29% |
NVR still generates free cash flow, though less than at its 2022 peak: $818M over the past year.
EBAY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -2M shares |
| 1 year | -3% | -14M shares |
| 3 years | -15% | -79M shares |
| 5 years | -31% | -205M shares |
| Available history | -44% | -359M shares |
EBAY has 453M diluted shares, down 3% from a year ago, with $2.1B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $664M |
| Q2 2026 | $323M |
| Q1 2026 | $486M |
| Q4 2025 | $635M |
| Q3 2025 | $626M |
| Q2 2025 | $624M |
| Q1 2025 | $615M |
| Q4 2024 | $911M |
EBAY spent $2.1B buying back its own shares over the past year, down 24% from the year before.
NVR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.3% | -37.3K shares |
| 1 year | -8.9% | -272K shares |
| 3 years | -20% | -679K shares |
| 5 years | -28% | -1.1M shares |
| Available history | -30% | -1.2M shares |
NVR has the edge over EBAY on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $237.2M |
| Q2 2026 | $373.6M |
| Q1 2026 | $632M |
| Q4 2025 | $502.1M |
| Q3 2025 | $276.4M |
| Q2 2025 | $471.4M |
| Q1 2025 | $583.4M |
| Q4 2024 | $564.3M |
NVR spent $1.7B buying back its own shares over the past year, down 7.9% from the year before.
EBAY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 1.5x | Healthy |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | 1.8x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.9x | Healthy |
EBAY's net debt is about 1.9 years of its operating earnings (EBITDA), up from 1.7 years a year ago.
NVR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -1.1x | Net Cash |
| Q2 2025 | -0.9x | Net Cash |
| Q1 2025 | -1.1x | Net Cash |
| Q4 2024 | -1.3x | Net Cash |
NVR has the edge over EBAY on leverage, with a lower net debt burden relative to earnings.
EBAY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.9 | Neutral |
| Stochastic | 80.0 | Overbought |
EBAY's weekly RSI is 62 (neutral) and its Stochastic is 80 (overbought).
NVR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.7 | Neutral |
| Stochastic | 46.9 | Neutral |
NVR's weekly RSI is 40 (neutral) and its Stochastic is 47 (neutral).
EBAY PE vs Consumer Cyclical Sector
| Metric | EBAY | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 18x | 46% above |
| PE % | 91 | 47 | 44 pts above |
EBAY is trading at 26x earnings, a 46% premium to the Consumer Cyclical sector's median of 18x.
NVR PE vs Consumer Cyclical Sector
| Metric | NVR | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 18x | 11% below |
| PE % | 53 | 47 | 6 pts above |
NVR has the edge over EBAY on valuation relative to its sector.
EBAY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $116.5 | 3.1% above |
| 20 week MA | $112.4 | 6.9% above |
| 50 week MA | $102.6 | 17% above |
| 100 week MA | $89.8 | 34% above |
| 200 week MA | $69.5 | 73% above |
EBAY has the edge over NVR on trend strength, trading above more of its moving averages.
NVR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6,020.7 | 3.4% below |
| 20 week MA | $6,225.5 | 6.6% below |
| 50 week MA | $6,630.8 | 12% below |
| 100 week MA | $7,113.9 | 18% below |
| 200 week MA | $7,095.2 | 18% below |
NVR is in a downtrend: it's below all five of its weekly moving averages, and 18% below its 200-week average.
EBAY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.1 | $50.1 | +39% |
| 2021 | $50.1 | $64.9 | +29% |
| 2022 | $64.9 | $40.2 | -38% |
| 2023 | $40.2 | $43.6 | +8.6% |
| 2024 | $43.6 | $62.8 | +44% |
| 2025 | $62.8 | $85.2 | +36% |
| 2026 YTD | $85.2 | $120.1 | +41% |
EBAY has the edge over NVR on returns for 2026, with the stronger performance.
NVR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3,816.4 | $4,216.4 | +10% |
| 2021 | $4,216.4 | $5,784.6 | +37% |
| 2022 | $5,784.6 | $4,645.0 | -20% |
| 2023 | $4,645.0 | $7,000.5 | +51% |
| 2024 | $7,000.5 | $8,208.4 | +17% |
| 2025 | $8,208.4 | $7,382.2 | -10% |
| 2026 YTD | $7,382.2 | $5,814.3 | -21% |
NVR has finished higher in four of the last six years. It's down 21% so far in 2026.