PayPal Holdings, Inc. PYPL Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 72.5%+2.8pp | 72.5%+3.5pp | 71%+1.8pp | 70.6%+3.7pp | 69.8%+4.5pp | |
| Net margin | 60.2%+4.5pp | 59.5%+3.8pp | 56.8%-0.2pp | 55.9%+0.1pp | 55.7%0.0pp | |
| Returns | ||||||
| Return on equity | 98.1%+11.7pp | 95.2%+9.6pp | 89.5%+3.3pp | 87.3%+4.5pp | 86.4%+5.0pp | |
| Return on invested capital | 143.6%+52.9pp | 131%+41.6pp | 114.8%+26.6pp | 100.6%+17.4pp | 90.6%+12.1pp | |
| Efficiency | ||||||
| Asset turnover | 1.6×+0.1× | 1.6×0.0× | 1.6×0.0× | 1.6×0.0× | 1.6×+0.1× | |
| Liquidity | ||||||
| Current ratio | 5.2×+0.1× | 5.3×+0.2× | 5.2×+0.2× | 5.2×0.0× | 5.1×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 2.2×+0.1× | 2.3×+0.3× | 2.3×+0.3× | 2.3×+0.2× | 2.2×0.0× | |
| Net debt / EBITDA | -6.4×-8.9× | -3.8×-5.8× | -1.2×-2.9× | 1×-1.0× | 2.5×-0.1× | |
| Per Share | ||||||
| Book value per share | $84.41+6.4% | $82.92+5.8% | $81.64+5.0% | $80.30+5.7% | $79.32+7.3% | |
| Valuation | ||||||
| Market capitalization | $231.89B-20.9% | $254.8B-15.0% | $285.74B+1.9% | $302.98B+15.2% | $293.17B+6.8% | |
| Price / earnings | 47×-20.1× | 53×-16.4× | 63.2×-1.1× | 68.5×+5.6× | 67.1×+0.2× | |
| Price / sales | 7×-2.2× | 7.8×-1.8× | 8.9×-0.3× | 9.5×+0.8× | 9.3×0.0× | |
| Price / book | 11.5×-2.9× | 12.6×-2.1× | 14.1×+0.5× | 15×+2.1× | 14.4×+0.9× | |
| EV / EBITDA | 27×-20.4× | 33.3×-15.3× | 41.5×-4.2× | 46.8×+1.7× | 47.4×-1.6× |
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.
