PayPal Holdings, Inc. (PYPL)
PayPal Holdings, Inc. operates a technology platform that enables digital payments for merchants and consumers worldwide. The company operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, consumer credit and debit products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Hyperwallet, Honey, and Paidy names. The company was founded in 1998 and is headquartered in San Jose, California.
- Symbol
- PYPL
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Credit Services
- Market cap
- $47.23B
- 52 week range
- 38.46 - 79.21
Valuation
- Share price
- $53.06 (close of 2026-10-01)
- P/E (TTM)
- 9.86x
- Price to book
- 2.36x
- Price to free cash flow
- 8.58x
- Enterprise value
- $47.30B
- Book value per share
- $22.45
Price performance
| Period | Change |
|---|---|
| 1 day | +1.01% |
| 5 days | +0.87% |
| 1 month | +1.26% |
| 3 months | +20.40% |
| 6 months | +18.89% |
| Year to date | -9.11% |
| 1 year | -20.40% |
| 3 years | -9.24% |
| 5 years | -79.95% |
| 10 years | +29.51% |
| All time | +44.54% |
Members of Congress who disclosed PYPL trades
Byron Donalds · Jefferson Shreve · John Boozman · Josh Gottheimer · Julie Johnson · Markwayne Mullin · Angus King · Gilbert Ray Cisneros · James Comer · Lisa McClain · Tommy Tuberville · Alan Armstrong
Super investors holding PYPL
David Einhorn (DME Capital Management) · Norbert Lou (Punch Card Management L.P.)
Profitability and growth
- Return on equity
- 25.83%
- Return on invested capital
- 25.26%
- Return on assets
- 6.53%
- Return on capital employed
- 17.98%
- Gross margin
- 31.13%
- Net margin
- 15.78%
- EBITDA margin
- 21.19%
- Revenue growth
- 4.32%
- Net income growth
- 26.19%
- Free cash flow growth
- -17.78%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 11.65%
- Current ratio
- 1.26x
- Net debt to EBITDA
- 0.01x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $33.17B
- Cost of revenue
- $22.84B
- Gross profit
- $10.33B
- EBITDA
- $7.03B
- Net income
- $5.23B
- Earnings per share
- $5.46
- Shares outstanding
- 959.00M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 2025-12-31 | $33.17B | $10.33B | $5.23B | $5.46 |
| 2024-12-31 | $31.80B | $9.47B | $4.15B | $4.03 |
| 2023-12-31 | $29.77B | $8.90B | $4.25B | $3.85 |
| 2022-12-31 | $27.52B | $8.19B | $2.42B | $2.10 |
| 2021-12-31 | $25.37B | $8.82B | $4.17B | $3.55 |
| 2020-12-31 | $21.45B | $7.22B | $4.20B | $3.58 |
| 2019-12-31 | $17.77B | $5.83B | $2.46B | $2.09 |
| 2018-12-31 | $15.45B | $6.12B | $2.06B | $1.74 |
| 2017-12-31 | $13.09B | $5.48B | $1.79B | $1.49 |
| 2016-12-31 | $10.84B | $4.54B | $1.40B | $1.16 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2025-12-31 | 31.13% | 15.78% | 25.83% | 25.26% |
| 2024-12-31 | 29.79% | 13.04% | 20.31% | 21.39% |
| 2023-12-31 | 29.88% | 14.26% | 20.17% | 23.18% |
| 2022-12-31 | 29.77% | 8.79% | 11.93% | 14.58% |
| 2021-12-31 | 34.77% | 16.43% | 19.19% | 20.26% |
| 2020-12-31 | 33.65% | 19.59% | 20.94% | 14.52% |
| 2019-12-31 | 32.81% | 13.84% | 14.53% | 18.73% |
| 2018-12-31 | 39.61% | 13.31% | 13.37% | 22.66% |
| 2017-12-31 | 41.85% | 13.71% | 11.22% | 16.72% |
| 2016-12-31 | 41.85% | 12.92% | 9.52% | 13.93% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2025-12-31 | $10.42B | $9.99B |
| 2024-12-31 | $10.92B | $9.88B |
| 2023-12-31 | $14.06B | $9.68B |
| 2022-12-31 | $10.87B | $10.42B |
| 2021-12-31 | $9.50B | $8.05B |
| 2020-12-31 | $13.08B | $8.94B |
| 2019-12-31 | $10.76B | $4.96B |
| 2018-12-31 | $9.11B | - |
| 2017-12-31 | $5.70B | - |
| 2016-12-31 | $4.97B | - |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2025-12-31 | $5.56B | $1.00B |
| 2024-12-31 | $6.77B | $1.23B |
| 2023-12-31 | $4.22B | $1.48B |
| 2022-12-31 | $5.11B | $1.26B |
| 2021-12-31 | $4.89B | $1.38B |
| 2020-12-31 | $5.35B | $1.38B |
| 2019-12-31 | $3.37B | $1.02B |
| 2018-12-31 | $4.66B | $853.00M |
| 2017-12-31 | $1.86B | $733.00M |
| 2016-12-31 | $2.49B | $438.00M |
Dividend history
- Most recent payment
- 2026-09-04
- Paid in the last twelve months
- $0.56
| Payment date | Dividend per share |
|---|---|
| 2026-09-04 | $0.14 |
| 2026-06-04 | $0.14 |
| 2026-03-04 | $0.14 |
| 2025-11-19 | $0.14 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-27
- Consensus EPS estimate
- $1.32
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-07-28 | Jun/2026 | $1.28 |
| 2026-05-05 | - | - |
| 2026-02-03 | - | - |
| 2025-10-28 | - | - |
| 2025-07-29 | - | - |
| 2025-04-29 | - | - |
| 2025-02-04 | - | - |
| 2024-10-29 | - | - |
Filings and sources
- Company website
- paypal.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
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