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PayPal Holdings, Inc. PYPL Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Operating margin72.5%0.0pp72.5%+1.5pp71%+0.4pp70.6%+0.8pp69.8%+0.8pp
Net margin60.2%+0.7pp59.5%+2.7pp56.8%+0.9pp55.9%+0.2pp55.7%0.0pp
Returns
Return on equity98.1%+2.9pp95.2%+5.7pp89.5%+2.2pp87.3%+0.9pp86.4%+0.8pp
Return on invested capital143.6%+12.6pp131%+16.2pp114.8%+14.2pp100.6%+10.0pp90.6%+1.2pp
Efficiency
Asset turnover1.6×0.0×1.6×0.0×1.6×0.0×1.6×0.0×1.6×0.0×
Liquidity
Current ratio5.2×0.0×5.3×0.0×5.2×+0.1×5.2×+0.1×5.1×0.0×
Leverage
Debt-to-equity2.2×-0.1×2.3×0.0×2.3×+0.1×2.3×+0.1×2.2×+0.1×
Net debt / EBITDA-6.4×-2.6×-3.8×-2.6×-1.2×-2.2×-1.5×2.5×+0.5×
Per Share
Book value per share$84.41+1.8%$82.92+1.6%$81.64+1.7%$80.30+1.2%$79.32+1.2%
Valuation
Market capitalization$231.89B-9.0%$254.8B-10.8%$285.74B-5.7%$302.98B+3.3%$293.17B-2.2%
Price / earnings47×-6.0×53×-10.2×63.2×-5.3×68.5×+1.4×67.1×-2.2×
Price / sales-0.8×7.8×-1.0×8.9×-0.6×9.5×+0.2×9.3×-0.3×
Price / book11.5×-1.1×12.6×-1.5×14.1×-0.9×15×+0.5×14.4×-0.3×
EV / EBITDA27×-6.3×33.3×-8.2×41.5×-5.3×46.8×-0.6×47.4×-1.2×

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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.