PayPal Holdings, Inc.(PYPL)
NASDAQ

Fundamental Analysis & Financials

$41.65
-0.08 (-0.19%)

Valuation Snapshot

What the multiples imply about expectations

The market considers the company to be a mid-cap company with a significant market presence. At current multiples, it trades attractively valued—reflecting market expectations.

Valuation Metrics

Ratios and multiples

Forward P/E
7.08
EV/Revenue (TTM)1.21
Price/FCF (TTM)11.77

Financial Health

Liquidity and leverage

ROE (TTM)25.73%
ROA (TTM)4.88%
Debt/Equity (MRQ)60.70

The company's financial health appears strong. High ROE and moderate ROA reflect reasonably efficient capital use. Debt is elevated but represents structural leverage for shareholder return strategy (buybacks) rather than operational stress.

Valuation Multiples

Current valuation metrics

P/E Ratio7.61
P/B Ratio1.87
P/S Ratio1.16
EV/EBITDA6.02
PEG Ratio0.63

Quarterly Earnings History

Recent quarterly financial performance and trends

Latest Quarter
Q4 2025
Revenue (TTM)
$8.68B
Net Income (TTM)
$1.44B
EPS (Diluted)
N/A
QuarterRevenueNet IncomeGross ProfitEPS (Basic)EPS (Diluted)Gross MarginNet Margin
Q4 2025(Latest)$8.68B$1.44B$4.03BN/AN/A46.5%16.6%
Q3 2025$8.42B$1.25B$3.87B$1.31$1.3046.0%14.8%
Q2 2025$8.29B$1.26B$3.84B$1.30$1.2946.4%15.2%
Q1 2025$7.79B$1.29B$3.72B$1.31$1.2947.7%16.5%

Key Insights:

  • Revenue increased by 3.1% from previous quarter
  • Net margin of 16.6% indicates strong profitability

Financial Efficiency

Utilization and collections performance

Asset Turnover 0.41 indicates low efficiency. Receivables Turnover 0.85 and DSO 429.55 reflect poor collections. Working Capital Turnover 2.49 is moderately efficient. ROIC 17.3% highlights moderate capital returns.

Efficiency Metrics

Asset Turnover0.41
Receivables Turnover0.85
Working Capital Turnover2.49
Days Sales Outstanding429.55
ROIC (TTM)17.3%

Profitability & Growth

Margins and earnings power

Revenue (TTM)
$33.17B
3.70 YoY
Profit Margin (TTM)
15.78%
Operating Margin (TTM)
17.49%
Gross Profit (TTM)
$13.76B
Gross Margin 41.48%
EBITDA (TTM)
$6.65B
EBITDA Margin 20.04%
Net Income (TTM)
$5.23B
Earnings 39.40% YoY

Efficiency Performance Matrix

4-quadrant analysis of operational efficiency vs profitability

Efficiency vs Profitability Quadrants

High Efficiency
High Margin
High Efficiency
Low Margin
Low Efficiency
High Margin
Low Efficiency
Low Margin

Efficiency Analysis

Asset Turnover
Efficiency:0.41x
Margin:41.5%
Quadrant:Margin-Driven
Receivables Turnover
Efficiency:0.85x
Margin:17.5%
Quadrant:Margin-Driven
Working Capital
Efficiency:2.49x
Margin:15.8%
Quadrant:Margin-Driven
Overall Efficiency Score

Profit-focused operations with efficiency opportunities

⚠️ Thresholds are benchmark-based heuristics derived from long-term industry averages, not strict valuation rules.

• Bubble size represents ROIC magnitude

• Green (Optimal): Excellent efficiency-profitability balance

• Blue (Efficiency-Driven): High turnover, room to improve margins

• Yellow (Margin-Driven): Strong margins, opportunity to improve efficiency

• Red (Weak Operations): Areas needing improvement on both dimensions

Market Data & Share Structure

Comprehensive valuation metrics and ownership breakdown

Market Data & Capitalization

Market Cap
$38.54B
Mega-cap: Premium liquidity & institutional favorite
Enterprise Value
$40.04B
EV ≈ Market Cap: Balanced capital structure
Next Earnings Date
05/05/2026
69 days away - quarterly results release

Share Statistics & Ownership

Shares Outstanding
N/A
Total shares issued and held by all shareholders
Shares Float
N/A
Shares available for public trading
Institutional Ownership
N/A
Held by funds, pensions, endowments
Insider Ownership
N/A
Held by executives and board members
Shares Short
N/A
Shares sold short - bearish bets
Implied Shares Outstanding
N/A
Calculated from market cap and price

Profitability Margin Pyramid

Hierarchical view of margin compression from revenue to net income

Margin Hierarchy by Profitability Level

100.0%
Revenue
$33.17B
41.5%
Gross Profit
$13.76B
20.0%
EBITDA
$6.65B
15.8%
Net Income
$5.23B
Margin Profile:
Revenue100.0% margin (Top line revenue generation)
Gross Profit41.5% margin (Revenue minus cost of goods sold)
EBITDA20.0% margin (Earnings before interest, taxes, depreciation, and amortization)
Net Income15.8% margin (Bottom line profitability after all expenses)

Margin Analysis

Total Revenue

Amount:$33.17B
Margin:100.0%
Top line revenue generation

Gross Profit

Amount:$13.76B
Margin:41.5%
Revenue minus cost of goods sold

EBITDA

Amount:$6.65B
Margin:20.0%
Earnings before interest, taxes, depreciation, and amortization

Net Income

Amount:$5.23B
Margin:15.8%
Bottom line profitability after all expenses

Margin Quality Assessment

Good margin profile with healthy profit retention

• Larger circles represent higher dollar amounts

• Margin percentages show profitability at each level

• Blue: Revenue base

• Green: Gross profitability

• Yellow: Operating performance

• Red: Net profitability

Operating Cash & Liquidity

Core cash generation and short-term solvency

Cash Flow Analysis

Operating Cash Flow (TTM)

$6.42B

Cash from core operations

Free Cash Flow (TTM)

$3.27B

Available after capex

Financial Position & Liquidity

Current Ratio

1.29

Adequate

Quick Ratio

0.24

Weak

Net Cash

$-1.87B

Net debtor

Total Cash

$10.42B

Balance sheet cash

Total Debt

$12.30B

Outstanding borrowings

Dividends & Shareholder Returns

Policy stance and implications

The company maintains a very sustainable dividend policy with a payout ratio of 2.6% (FCF coverage: 24.2x). Strong cash flow coverage supporting modest shareholder yield with ample room for sustainability.

Payout Ratio
2.59%
Trailing Dividend Rate
0.28
Trailing Dividend Yield
0.67%
Forward Annual Dividend Rate
0.56
Forward Annual Dividend Yield
1.34%
Ex-Dividend Date
03/04/2026