Saturday 17 October 2026
Export PYPL’s income statement to Excel — free account
PayPal Holdings, Inc.
PYPL Financial Credit Services
PayPal Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $33.2 billion, up 4.32% from fiscal 2024. In the quarter to June 2026, revenue grew 4.75%, EPS fell 3.08%, free cash flow grew 157.7% and total debt rose 18.6%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years; insiders bought in the last twelve months.
56.70
0.46
−0.80%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
10.69 | 21.18 | 15.92 | 35.35 | 52.97 | 65.42 | 51.76 | 48.33 | 49.23 | 34.70 |
Piotroski F-Score |
8 | 6 | 8 | 6 | 5 | 6 | 7 | 7 | 8 | 6 |
P/S ratio |
1.69 | 2.76 | 2.28 | 3.13 | 8.73 | 12.80 | 7.15 | 6.44 | 6.78 | 4.49 |
P/FCF ratio |
10.06 | 12.98 | 15.89 | 16.84 | 45.24 | 50.19 | 37.53 | 21.37 | 47.66 | 19.57 |
P/Operating CF |
23.48 | 36.69 | 25.93 | 54.10 | 181.47 | 160.47 | 164.07 | 88.03 | (604.28) | 52.77 |
P/B ratio |
2.76 | 4.30 | 3.22 | 4.25 | 10.19 | 13.69 | 7.50 | 6.47 | 5.55 | 3.31 |
Price to Tangible BV |
6.10 | 9.49 | 7.14 | 10.40 | 24.76 | 27.81 | 12.78 | 12.03 | 7.73 | 4.66 |
EV/Sales |
1.72 | 2.73 | 2.13 | 3.13 | 8.71 | 12.62 | 6.83 | 5.85 | 6.35 | 4.03 |
EV/EBITDA |
8.23 | 14.43 | 11.09 | 16.95 | 39.48 | 60.45 | 33.41 | 30.46 | 28.35 | 18.93 |
EV/Operating CF |
8.91 | 11.67 | 13.12 | 14.83 | 38.14 | 43.53 | 29.80 | 16.51 | 32.85 | 13.85 |
EV/FCF |
10.27 | 12.84 | 14.90 | 16.86 | 45.17 | 49.46 | 35.85 | 19.41 | 44.60 | 17.57 |
Quick Ratio |
1.07 | 1.09 | 1.12 | 1.07 | 1.08 | 1.22 | 1.25 | 1.14 | 1.06 | 1.16 |
Current Ratio |
1.29 | 1.28 | 1.29 | 1.28 | 1.22 | 1.33 | 1.43 | 1.27 | 1.43 | 1.52 |
Net Debt/EBITDA |
(0.06) | (0.17) | (0.76) | (0.09) | (0.26) | (0.93) | (1.60) | (3.07) | (1.94) | (2.15) |
Debt/Assets |
12.46% | 12.55% | 11.78% | 13.25% | 10.62% | 12.70% | 9.67% | 0.00% | 0.00% | 0.00% |
Debt/Equity |
0.49 | 0.48 | 0.46 | 0.51 | 0.37 | 0.45 | 0.29 | 0.00 | 0.00 | 0.00 |
Asset Turnover |
0.42 | 0.40 | 0.37 | 0.36 | 0.35 | 0.35 | 0.38 | 0.37 | 0.35 | 0.35 |
Operating CF/Net income |
1.23 | 1.80 | 1.14 | 2.40 | 1.39 | 1.48 | 1.66 | 2.66 | 1.41 | 2.25 |
Capex/Depreciation |
(0.96) | (0.98) | (0.82) | (0.56) | (0.67) | (0.63) | (0.75) | (1.06) | (0.83) | (0.92) |
| 25.73% | 20.00% | 20.55% | 11.52% | 19.95% | 22.72% | 15.22% | 13.11% | 11.69% | 9.84% | |
| 6.59% | 5.16% | 5.28% | 3.13% | 5.70% | 6.90% | 5.20% | 4.89% | 4.86% | 4.52% | |
ROIC |
19.12% | 17.18% | 18.85% | 12.10% | 13.14% | 12.91% | 15.26% | 21.85% | 12.91% | 10.18% |
Return on Tangible Assets |
34.85% | 29.15% | 27.23% | 17.10% | 36.40% | 29.27% | 18.53% | 23.42% | 15.87% | 13.55% |
Average Days of Receivables |
429.55 | 443.72 | 490.46 | 493.78 | 531.45 | 578.36 | 471.59 | 481.32 | 516.39 | 490.74 |
Research and Development Expense of Revenue |
9.35% | 9.37% | 9.99% | 11.82% | 11.97% | 12.31% | 11.73% | 11.85% | 13.29% | 7.69% |
Selling, General and Administrative Expense of Revenue |
12.85% | 13.05% | 12.99% | 15.83% | 17.97% | 18.32% | 17.51% | 18.48% | 18.33% | 18.42% |
Intangible Assets out of Total Assets |
0.14 | 0.14 | 0.14 | 0.15 | 0.17 | 0.14 | 0.14 | 0.16 | 0.11 | 0.13 |
Share Based Compensation of Revenue |
3.02% | 3.87% | 4.95% | 4.58% | 5.42% | 6.41% | 5.74% | 5.52% | 5.60% | 4.04% |
Graham Net Nets |
0.00 | 0.00 | 0.02 | (0.01) | (0.01) | 0.00 | 0.03 | 0.05 | 0.09 | 0.15 |
Graham Number |
50.94 | 42.42 | 40.71 | 28.88 | 38.50 | 37.12 | 26.04 | 22.56 | 21.18 | 17.81 |
Earnings Yield |
9.35% | 4.72% | 6.28% | 2.83% | 1.89% | 1.53% | 1.93% | 2.07% | 2.03% | 2.88% |
Free Cash Flow Yield |
9.94% | 7.71% | 6.29% | 5.94% | 2.21% | 1.99% | 2.66% | 4.68% | 2.10% | 5.11% |
Revenue per Share |
34.59 | 30.90 | 26.99 | 23.85 | 21.61 | 18.29 | 15.14 | 13.05 | 10.88 | 8.96 |
Operating CF per Share |
6.69 | 7.24 | 4.39 | 5.04 | 4.94 | 5.30 | 3.47 | 4.63 | 2.10 | 2.61 |
Capex per Share |
(0.89) | (0.66) | (0.52) | (0.61) | (0.77) | (0.64) | (0.59) | (0.69) | (0.55) | (0.55) |
Free Cash Flow per Share |
5.81 | 6.58 | 3.87 | 4.43 | 4.17 | 4.67 | 2.88 | 3.94 | 1.55 | 2.06 |
Cash per Share |
10.87 | 10.62 | 12.75 | 9.42 | 8.09 | 11.15 | 9.17 | 7.69 | 4.73 | 4.11 |
Shareholders Equity per Share |
21.12 | 19.84 | 19.09 | 17.57 | 18.51 | 17.10 | 14.42 | 12.99 | 13.30 | 12.16 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
21.12 | 19.84 | 19.09 | 17.57 | 18.51 | 17.10 | 14.42 | 12.99 | 13.30 | 12.16 |
Free Cash Flow |
5,567.00 | 6,768.00 | 4,265.00 | 5,112.00 | 4,894.00 | 5,473.00 | 3,384.00 | 4,660.00 | 1,864.00 | 2,489.00 |
Working Capital |
13,316.00 | 12,716.00 | 14,103.00 | 12,416.00 | 9,545.00 | 12,548.00 | 11,576.00 | 7,059.00 | 9,782.00 | 8,855.00 |
Capital Expenditures |
(849.00) | (682.00) | (578.00) | (701.00) | (903.00) | (746.00) | (687.00) | (820.00) | (667.00) | (669.00) |
Net Current Asset Value |
(158.00) | (102.00) | 1,454.00 | (926.00) | (1,502.00) | 679.00 | 4,091.00 | 5,017.00 | 7,865.00 | 7,342.00 |
EV/EBIT |
9.42 | 16.32 | 12.64 | 22.46 | 51.87 | 82.31 | 44.61 | 41.23 | 39.09 | 27.57 |
Capex to Sales |
0.03 | 0.02 | 0.02 | 0.03 | 0.04 | 0.03 | 0.04 | 0.05 | 0.05 | 0.06 |
Price to Operating Income |
9.23 | 16.49 | 13.48 | 22.43 | 51.95 | 83.53 | 46.71 | 45.38 | 41.76 | 30.71 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.52 | 0.46 | 0.47 | 0.72 | 0.70 | 0.66 | 0.54 | 0.45 | 0.53 | 0.49 |
Cash ROIC |
13.69% | 16.42% | 9.52% | 12.30% | 12.46% | 13.00% | 10.36% | 19.02% | 8.59% | 12.64% |
Accounts Receivable Turnover |
0.85 | 0.81 | 0.77 | 0.74 | 0.72 | 0.75 | 0.82 | 0.79 | 0.79 | 0.80 |
Accounts Payable Turnover |
83.13 | 103.32 | 135.74 | 98.24 | 59.91 | 47.33 | 38.15 | 30.71 | 29.82 | 33.83 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
4.51 | 4.38 | 2.82 | 2.90 | 5.35 | 8.03 | 8.65 | 12.41 | 14.01 | 12.29 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
38,846.50 | 39,329.50 | 38,615.50 | 37,084.00 | 35,468.00 | 28,478.50 | 21,668.50 | 19,450.00 | 16,551.00 | 13,487.50 |
Average Payables |
233.50 | 183.00 | 132.50 | 161.50 | 224.50 | 242.00 | 256.50 | 269.00 | 224.50 | 168.50 |
Average Assets |
79,449.00 | 80,445.50 | 80,395.00 | 77,213.50 | 73,091.00 | 60,856.00 | 47,332.50 | 42,053.00 | 36,938.50 | 30,992.00 |
Average Common Equity |
20,336.50 | 20,734.00 | 20,662.50 | 21,000.50 | 20,895.00 | 18,496.00 | 16,157.50 | 15,690.00 | 15,353.00 | 14,235.50 |
Columns are period end dates