PayPal Holdings (PYPL) Debt to Equity (2014 - 2026)
PayPal Holdings (PYPL) reported Debt to Equity of $0.47 for Q1 2026, down 16.64% on a YoY basis from $0.56 in Q1 2025, and down 4.7% quarter-over-quarter from $0.49 in Q4 2025.
PayPal Holdings (PYPL) Debt to Equity (2014 - 2026) Analysis & Trends
PayPal Holdings has reported Debt to Equity for 11 years, with the latest figure at $0.47 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 16.64% year-over-year to $0.47; the trailing twelve-month figure through Mar 2026 stood at $0.47 (down 16.64% YoY), and the FY2025 full-year result was $0.49, up 1.9% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.47, down from $0.49 in the prior quarter.
- The five-year high for Debt to Equity was $0.56 in Q1 2025, with the low at $0.4 in Q1 2022.
- Historically, Debt to Equity has averaged $0.5 across 5 years, with a median of $0.51 in 2022.
- Annual changes were most pronounced in 2022 — Debt to Equity surged 40.44% — and 2026, when it retreated 16.64%.
- PayPal Holdings' Debt to Equity stood at $0.51 in 2022, then retreated by 10.54% to $0.46 in 2023, then climbed by 5.27% to $0.48 in 2024, then rose by 1.9% to $0.49 in 2025, then decreased by 4.7% to $0.47 in 2026.
- The last three Debt to Equity figures came in at $0.47 (Q1 2026), $0.49 (Q4 2025), and $0.56 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 0.67 |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 2.82 |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 0.05 |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 0.34 |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 0.47 |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 0.46 |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 0.64 |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | - |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 0.26 |
| 10 | Credit Acceptance | 6.24 Bn | 6.21 Bn | 562.70 Mn | 3.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.47 |
| Dec 31, 2025 | 0.49 |
| Sep 30, 2025 | 0.56 |
| Jun 30, 2025 | 0.56 |
| Mar 31, 2025 | 0.56 |
| Dec 31, 2024 | 0.48 |
| Sep 30, 2024 | 0.49 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.47 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.54 |
| Jun 30, 2023 | 0.54 |
| Mar 31, 2023 | 0.53 |
| Dec 31, 2022 | 0.51 |
| Sep 30, 2022 | 0.51 |
| Jun 30, 2022 | 0.52 |
| Mar 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.37 |
| Sep 30, 2021 | 0.36 |
| Jun 30, 2021 | 0.43 |