PYPLNasdaqServices-Business Services, NECFiscal year ends December 31

PayPal Holdings, Inc.

Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 28, 2026

$56.51−0.19 (-0.34%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2012 to 2025

18.3%+3.0 pts over 5 years

15.8%−3.8 pts over 5 years

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	+4.3%	+6.4%	+9.1%	+13.6%
Operating income	+13.9%	+16.5%	+13.0%	+15.3%
Net income	+26.2%	+29.3%	+4.5%	+15.6%
EPS, diluted	+35.6%	+37.3%	+8.9%	+18.4%
Free cash flow	-17.8%	+2.9%	+0.8%	+11.8%

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	9.8%	22.8%	25.7%
Return on assets	4.5%	6.9%	6.6%
Current ratio	1.52	1.33	1.29
Debt to equity	–	0.45	0.49
Net debt to EBITDA	–	-2.03×	0.28×
Interest coverage	528.7×	15.7×	13.8×
Capex to revenue	6.2%	4.0%	2.6%
Diluted shares	1.22B	1.19B	968M

Return on equity split into margin, efficiency and leverage

Net margin15.8%

Asset turnover0.42×

Equity multiplier3.91×

Return on equity, FY202525.7%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	15.8%	0.42×	3.91×	25.7%
FY2024	13.0%	0.40×	3.88×	20.0%
FY2023	14.3%	0.37×	3.89×	20.5%
FY2022	8.8%	0.36×	3.68×	11.5%
FY2021	16.4%	0.35×	3.50×	20.0%
FY2020	19.6%	0.35×	3.30×	22.8%
FY2019	13.8%	0.38×	2.93×	15.2%
FY2018	13.3%	0.37×	2.68×	13.1%
FY2017	13.7%	0.35×	2.41×	11.7%
FY2016	12.9%	0.35×	2.18×	9.8%