PayPal Holdings, Inc. PYPL Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 17.9%0.0pp | 18.3%+1.5pp | 18.2%+0.4pp | 18.2%+0.8pp | 17.8%+0.8pp | |
| Net margin | 15%+0.7pp | 15.8%+2.7pp | 15%+0.9pp | 14.5%+0.2pp | 14.3%0.0pp | |
| Returns | ||||||
| Return on equity | 25.1%+2.9pp | 25.7%+5.7pp | 24.4%+2.2pp | 22.9%+0.9pp | 22.2%+0.8pp | |
| Return on invested capital | 35.9%+12.6pp | 38.5%+16.2pp | 37.3%+14.2pp | 31.9%+10.0pp | 23.3%+1.2pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.3×0.0× | 1.3×0.0× | 1.3×+0.1× | 1.3×+0.1× | 1.3×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.5×-0.1× | 0.5×0.0× | 0.6×+0.1× | 0.6×+0.1× | 0.6×+0.1× | |
| Net debt / EBITDA | -1.8×-2.6× | -1.9×-2.6× | -1.7×-2.2× | -1×-1.5× | 0.8×+0.5× | |
| Per Share | ||||||
| Book value per share | $21.77+7.4% | $20.93+6.5% | $21.04+6.8% | $20.68+5.0% | $20.27+5.0% | |
| Valuation | ||||||
| Market capitalization | $41.64B-35.5% | $54.62B-36.2% | $64.07B-21.2% | $71.56B+15.9% | $64.55B-9.4% | |
| Price / earnings | 8.2×-6.0× | 10.4×-10.2× | 13×-5.3× | 15.3×+1.4× | 14.2×-2.2× | |
| Price / sales | 1.2×-0.8× | 1.6×-1.0× | 1.9×-0.6× | 2.2×+0.2× | 2×-0.3× | |
| Price / book | 2.1×-1.1× | 2.7×-1.5× | 3.2×-0.9× | 3.5×+0.5× | 3.2×-0.3× | |
| EV / EBITDA | 4.2×-6.3× | 5.9×-8.2× | 7.5×-5.3× | 9.4×-0.6× | 10.5×-1.2× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do PayPal Holdings, Inc.'s ratios come from?
- Every ratio is computed from PayPal Holdings, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
