PayPal Holdings (PYPL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

PayPal Holdings

NasdaqGS•Financial Services•Credit Services

$52.94+0.23(<0.01%)After hours

Market Cap

$46.26B

P/E

9.4x

P/S

1.4x

P/B

2.3x

PayPal Holdings, Inc. operates a technology platform that enables digital payments for merchants and consumers worldwide. The company operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, consumer credit and debit products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Hyperwallet, Honey, and Paidy names. The company was founded in 1998 and is headquartered in San Jose, California.

How this company scores

GoodMetricSide Score: 79/100

Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (16/25).

Profitability21/25

Growth17/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowStrong marginsHigh ROECash-backed earnings

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 9.4x5y range 8.1x – 61.6x

Currently below its 20-quarter median.

P/S · 1.4x5y range 1.2x – 12.4x

Currently below its 20-quarter median.

P/B · 2.3x5y range 2.0x – 13.8x

Price & Volume

Market Cap $46.26B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $34.13B
Q. Revenue: $8.68B
TTM EBITDA: $7.39B
TTM Op. Income: $5.95B
Q. Op. Income: $1.43B
TTM Net Income: $4.90B
Q. Net Income: $1.10B
EPS: $1.26
Shares Out.: $877.00M

$34.13B in TTM revenue grew 5.7% YoY, reaching $8.68B last quarter. TTM EBITDA of $7.39B and TTM operating income of $5.95B show growth is flowing through to the bottom line. TTM net income of $4.90B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 19.3%
Op. Margin: 16.4%
Net Margin: 12.7%

Op. margin of 16.4% is down 1.7% YoY — costs are rising relative to revenue. Net margin at 12.7% Over the past year, operating margin is down 9% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 9.4x
P/S Ratio: 1.4x
P/B Ratio: 2.3x

At 9.4x P/E, the stock trades below typical market levels. P/S of 1.4x and P/B of 2.3x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 39% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $82.74B
Cash: $8.31B
Long-Term Debt: $10.89B
Book Value: $19.82B
D/E Ratio: 0.5
Debt/EBITDA: 6.5

With $82.74B in assets and $10.89B in long-term debt, D/E is 0.5and book value is $19.82B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 2% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $1.98B
TTM Free Cash Flow: $6.59B
FCF Margin: 19.3%
FCF / Net Income: 1.3

TTM FCF of $6.59B on $1.98B in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 24% — an improving trend.