PayPal Holdings (PYPL) Debt to Equity (2014 - 2026)

PayPal Holdings (PYPL) posted Debt to Equity of $0.47 for Q1 2026, down 4.7% quarter-over-quarter from $0.49 in Q4 2025, and down 16.64% year-on-year from $0.56 in Q1 2025.

PayPal Holdings (PYPL) Debt to Equity (2014 - 2026) Analysis & Trends

PayPal Holdings (PYPL) has reported Debt to Equity for 11 consecutive years, with $0.47 the latest figure, recorded in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.47, down 16.64% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.47 (down 16.64% YoY), and the FY2025 annual result was $0.49, up 1.9% from the prior year.
  • Debt to Equity was $0.47 for Q1 2026 at PayPal Holdings, down from $0.49 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.56 in Q1 2025 and troughed at $0.4 in Q1 2022.
  • Average Debt to Equity over 5 years is $0.5, with a median of $0.51 recorded in 2022.
  • Year-over-year, Debt to Equity jumped 40.44% in 2022 and slipped 16.64% in 2026.
  • Over 5 years, Debt to Equity stood at $0.51 in 2022, then dropped by 10.54% to $0.46 in 2023, then rose by 5.27% to $0.48 in 2024, then climbed by 1.9% to $0.49 in 2025, then declined by 4.7% to $0.47 in 2026.
  • Per Business Quant data, the three most recent Debt to Equity figures were $0.47 in Q1 2026, $0.49 in Q4 2025, and $0.56 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 0.67
2 Mastercard 465.55 Bn 455.34 Bn - 2.82
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 0.05
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 0.47
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 0.64
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn -
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 0.26
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 3.39
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 5.33
10 Sezzle 5.91 Bn 5.79 Bn - 0.73

Historic Data

Download Data
DateValue
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