PayPal Holdings, Inc. PYPL

55.04 2.44 4.64% as of 25 Sep
Market cap
$45.0B
P/E
10.3×
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PayPal Holdings, Inc. (PYPL) Operating margin

PayPal Holdings, Inc.'s operating margin over the twelve months to 30 June 2026 was 17.4%, down 0.9 percentage points from fiscal 2025 (18.3%). Over the past ten years it has ranged from 13.9% (fiscal 2022) to 18.3% (fiscal 2025) — the current reading is the highest in ten years. That is above the Credit Services industry median of 0.34% and above the Financial sector median of 0.00%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 18.3% 1.53
FY2024 16.8% (0.14)
FY2023 16.9% 2.95
FY2022 13.9% (2.86)
FY2021 16.8% 1.47
FY2020 15.3% 0.03
FY2019 15.3% 1.10
FY2018 14.2% (2.04)
FY2017 16.2% 1.61
FY2016 14.6% (1.17)

Quarterly

Period Operating margin Change (points)
Jun 2026 16.4% (1.37)
Mar 2026 17.8% 0.39
Dec 2025 17.4% (0.64)
Sep 2025 18.1% (0.09)
42 more quarters

Against its own ten years

Low 13.9% High 18.3%
Ten-year median 15.8%
Current reading's percentile 100

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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