PayPal Holdings (PYPL) Current Taxes (2014 - 2023)

PayPal Holdings (PYPL) reported Current Taxes of $1.1 billion for Q3 2023, up 74.39% on a YoY basis from $652.0 million in Q3 2022, and up 43.74% quarter-over-quarter from $791.0 million in Q2 2023.

PayPal Holdings (PYPL) Current Taxes (2014 - 2023) Analysis & Trends

PayPal Holdings has reported Current Taxes for 10 years, with the latest figure at $1.1 billion in Q3 2023.

  • For the quarter ending Q3 2023, Current Taxes rose 74.39% year-over-year to $1.1 billion; the trailing twelve-month figure through Sep 2023 stood at $1.1 billion (up 74.39% YoY), and the FY2022 full-year result was $813.0 million, up 244.49% from the prior year.
  • Current Taxes for Q3 2023 stood at $1.1 billion, up from $791.0 million in the prior quarter.
  • The five-year high for Current Taxes was $1.1 billion in Q3 2023, with the low at $54.0 million in Q2 2019.
  • Historically, Current Taxes has averaged $352.6 million across 5 years, with a median of $193.5 million in 2021.
  • Annual changes were most pronounced in 2020 — Current Taxes soared 505.56% — and 2021, when it slumped 54.43%.
  • PayPal Holdings' Current Taxes stood at $73.0 million in 2019, then surged by 76.71% to $129.0 million in 2020, then surged by 82.95% to $236.0 million in 2021, then jumped by 244.49% to $813.0 million in 2022, then soared by 39.85% to $1.1 billion in 2023.
  • The last three Current Taxes figures came in at $1.1 billion (Q3 2023), $791.0 million (Q2 2023), and $577.0 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Visa 541.66 Bn 529.25 Bn - -
2 Mastercard 437.55 Bn 427.34 Bn - -
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn -
4 Capital One Financial 112.47 Bn 35.97 Bn - -
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn -
6 Synchrony Financial 24.26 Bn 3.70 Bn - -
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn -
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn -
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn -
10 Credit Acceptance 6.24 Bn 6.21 Bn 562.70 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2023 1.14 Bn
Jun 30, 2023 791.00 Mn
Mar 31, 2023 577.00 Mn
Dec 31, 2022 813.00 Mn
Sep 30, 2022 652.00 Mn
Jun 30, 2022 596.00 Mn
Mar 31, 2022 253.00 Mn
Dec 31, 2021 236.00 Mn
Sep 30, 2021 151.00 Mn
Jun 30, 2021 149.00 Mn
Mar 31, 2021 95.00 Mn
Dec 31, 2020 129.00 Mn
Sep 30, 2020 100.00 Mn
Jun 30, 2020 327.00 Mn
Mar 31, 2020 139.00 Mn
Dec 31, 2019 73.00 Mn
Jun 30, 2019 54.00 Mn
Mar 31, 2019 75.00 Mn
Dec 31, 2018 61.00 Mn
Sep 30, 2018 76.00 Mn