Stocktoria

PayPal Holdings, Inc. PYPL

Nasdaq · stock · Services-Business Services, NEC · website · IPO 2015-07-06 · LEI

PayPal Holdings, Inc. statistics & valuation

Market cap$39.1B
P / E7.5×
P / S1.2×
P / B1.9×
P / FCF7.0×
Dividend yield0.33%
Net margin15.8%
Return on equity25.8%
FCF margin16.8%
Net debt$1.9B
Net debt / EBITDA0.3×
Enterprise value USD$41.0B
EV / EBITDA5.8×
Earnings yield EBIT/EV14.8%
Return on capital18%
Graham number -14.7%$50.47

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($50.47); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
12.90% 13.70% 13.30% 13.80% 19.60% 16.40% 8.80% 14.30% 13.00% 15.80% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
14.60% 16.20% 14.20% 15.30% 15.30% 16.80% 13.90% 16.90% 16.70% 18.30% 2016201720182019202020212022202320242025
Return on equity (%)
9.50% 11.20% 13.40% 14.50% 20.90% 19.20% 11.90% 20.20% 20.30% 25.80% 2016201720182019202020212022202320242025
Shares outstanding
1.22B 1.22B 1.20B 1.19B 1.19B 1.19B 1.16B 1.11B 1.04B 968.0M 2016201720182019202020212022202320242025
Net debt ($)
-$7.58B -$2.38B $4.14B $2.85B $2.64B $595.0M $3.22B $1.94B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
4.20% 4.40% 4.70% 4.80% 6.00% 5.50% 3.10% 5.20% 5.30% 6.50% 2016201720182019202020212022202320242025
Free cash flow margin (%)
23.00% 14.20% 30.10% 18.90% 25.00% 19.30% 18.60% 14.20% 21.30% 16.80% 2016201720182019202020212022202320242025
Debt / equity (×)
0.00× 0.29× 0.45× 0.37× 0.51× 0.46× 0.48× 0.49× 2016201720182019202020212022202320242025
EPS ($)
$1.15 $1.47 $1.71 $2.07 $3.54 $3.52 $2.09 $3.84 $3.99 $5.41 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

PayPal Holdings, Inc. trades at about 10.9× earnings — below its 10-year norm (10-year range 9.7×–66.2×, median 48.8×).

9.7× 66.2×

Shaded band = 10-year range (9.7×–66.2×); dot = today's 10.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin18.3%16.7%16.9%13.9%16.8%15.3%15.3%14.2%16.2%14.6%
Net margin15.8%13.0%14.3%8.8%16.4%19.6%13.8%13.3%13.7%12.9%
FCF margin16.8%21.3%14.2%18.6%19.3%25.0%18.9%30.1%14.2%23.0%
Return on assets6.5%5.3%5.2%3.1%5.5%6.0%4.8%4.7%4.4%4.2%
Return on equity25.8%20.3%20.2%11.9%19.2%20.9%14.5%13.4%11.2%9.5%
Debt / equity0.49×0.48×0.46×0.51×0.37×0.45×0.29×0.00×——
Current ratio1.291.281.291.281.221.331.431.271.431.52

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.