EBAY
eBay Inc.
EBAY has the edge over TOL overall, supported by stronger fundamentals and lower modeled downside.
TOL
Toll Brothers, Inc.
TOL 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.
TOL Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| Healthy | |
| Stable |
TOL's profitability and cash flow are currently healthy, and its balance sheet 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.
TOL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.9x | $73.71 | -50% |
| Fair | 9.3x | $116 | -21% |
| Forward | 11x | $148 | — |
| Expensive | 12x | $151 | +2.3% |
| Current | 12x | $148 | — |
Historical ranges are pointers, not guarantees.
TOL 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 |
Analysts expect earnings and revenue growth for EBAY, with profitability holding steady.
TOL Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for TOL, with profitability holding steady.
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 TOL on earnings, with more consistent year-over-year improvement.
TOL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.54 | +8.6% |
| Q3 2026 | $12.46 | -8.4% |
| Q2 2026 | $13.22 | -1.9% |
| Q1 2026 | $14.00 | -3.6% |
| Q4 2025 | $13.56 | -9.8% |
| Q3 2025 | $13.61 | -6.2% |
| Q2 2025 | $13.48 | -7.9% |
| Q1 2025 | $14.53 | +12% |
| Q4 2024 | $15.03 | +21% |
TOL earned $12.46 per share over the past year, down 8.4% from the year before.
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 TOL 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 TOL on profitability, with a higher operating margin.
TOL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.7B | -9.7% |
| Q2 2026 | $2.5B | -7.6% |
| Q1 2026 | $2.1B | +15% |
| Q4 2025 | $3.4B | +2.7% |
| Q3 2025 | $2.9B | +8% |
| Q2 2025 | $2.7B | -3.5% |
| Q1 2025 | $1.9B | -4.6% |
| Q4 2024 | $3.3B | +10% |
TOL's revenue fell from its 2022 peak and has held roughly level since: $2.7B last quarter, down 9.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | -3 points |
| Q2 2026 | 14% | -2.7 points |
| Q1 2026 | 10% | -1.6 points |
| Q4 2025 | 16% | -1.8 points |
| Q3 2025 | 17% | -1.7 points |
| Q2 2025 | 16% | -5.5 points |
| Q1 2025 | 12% | -4 points |
| Q4 2024 | 18% | -0.2 points |
TOL's operating margin was 14% last quarter, down 3 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 TOL on cash flow, with more consistent year-over-year improvement.
TOL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $219.6M | -36% |
| Q2 2026 | $110M | -68% |
| Q1 2026 | -$11.6M | +$426.5M |
| Q4 2025 | $772.2M | +16% |
| Q3 2025 | $344.9M | +130% |
| Q2 2025 | $347.3M | -22% |
| Q1 2025 | -$438.1M | -$117.5M |
| Q4 2024 | $664.3M | +16% |
TOL still generates free cash flow, though less than at its 2022 peak: $1.1B 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.
TOL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.4% | -1.3M shares |
| 1 year | -4.8% | -4.7M shares |
| 3 years | -15% | -16.7M shares |
| 5 years | -25% | -31.2M shares |
| Available history | -34% | -49.1M shares |
TOL has the edge over EBAY on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $204.9M |
| Q2 2026 | $179.6M |
| Q1 2026 | $50.4M |
| Q4 2025 | $246.7M |
| Q3 2025 | $199.4M |
| Q2 2025 | $181.2M |
| Q1 2025 | $23.7M |
| Q4 2024 | $203.5M |
TOL spent $682M buying back its own shares over the past year, up 12% 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 has the edge over TOL on leverage, with a lower net debt burden relative to earnings.
TOL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.0x | Moderate |
| Q2 2026 | 1.9x | Healthy |
| Q1 2026 | 1.7x | Healthy |
| Q4 2025 | 1.7x | Healthy |
| Q3 2025 | 2.3x | Moderate |
| Q2 2025 | 2.2x | Moderate |
| Q1 2025 | 2.1x | Moderate |
| Q4 2024 | 1.8x | Healthy |
TOL's net debt is about 2.0 years of its operating earnings (EBITDA), down from 2.3 years a year ago.
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).
TOL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.2 | Neutral |
| Stochastic | 63.7 | Neutral |
TOL's weekly RSI is 54 (neutral) and its Stochastic is 64 (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.
TOL PE vs Consumer Cyclical Sector
| Metric | TOL | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 18x | 34% below |
| PE % | 82 | 47 | 35 pts above |
TOL 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 is in an uptrend: it's above all five of its weekly moving averages, and 73% above its 200-week average.
TOL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $140.9 | 5% above |
| 20 week MA | $144.3 | 2.5% above |
| 50 week MA | $144.0 | 2.8% above |
| 100 week MA | $132.7 | 12% above |
| 200 week MA | $116.9 | 27% above |
TOL is in an uptrend: it's above all five of its weekly moving averages, and 27% above 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 TOL on returns for 2026, with the stronger performance.
TOL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.9 | $45.6 | +14% |
| 2021 | $45.6 | $70.5 | +54% |
| 2022 | $70.5 | $50.8 | -28% |
| 2023 | $50.8 | $102.8 | +102% |
| 2024 | $102.8 | $126.5 | +23% |
| 2025 | $126.5 | $139.1 | +10% |
| 2026 YTD | $139.1 | $148.0 | +6.4% |
TOL has finished higher in five of the last six years, two of them by more than 50%. It's up 6.4% so far in 2026.