PayPal Holdings (PYPL) EV to EBITDA (2015 - 2026)
PayPal Holdings' EV to EBITDA was 4.96 in Q3 2026, down 34.0% from 7.51 a year earlier but up 31.9% from the prior quarter.
Powered by 
Analysis
PayPal Holdings (PYPL) EV to EBITDA (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, PayPal Holdings' EV to EBITDA was 0.39 through Sep 30, 2026, down 86.4% year-over-year; for FY2025, it came in at 6.16, down 47.0% from FY2024.
- In earlier years, EV to EBITDA was 11.61 in FY2024 (+36.8%), 8.49 in FY2023 (-37.5%), 13.59 in FY2022 (-64.4%) and 38.13 in FY2021 (-34.7%).
- Quarterly EV to EBITDA has moved between 3.76 (Q2 2026) and 38.13 (Q4 2021) over five years.
- Compared with a year earlier, EV to EBITDA has declined for five straight quarters, with an average decline of 19.7% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q4 2024 (growth of 36.8%); the worst was Q2 2022 (a decline of 76.4%).
- Per Business Quant data, PYPL's EV to EBITDA in the three quarters before Q3 2026 was 3.76 (Q2 2026), 4.44 (Q1 2026) and 6.16 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn |
| 10 | Bitmine Immersion Technologies | 10.38 Bn | 7.76 Bn | 40.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.96 |
| Jun 30, 2026 | 3.76 |
| Mar 31, 2026 | 4.44 |
| Dec 31, 2025 | 6.16 |
| Sep 30, 2025 | 7.51 |
| Jun 30, 2025 | 8.95 |
| Mar 31, 2025 | 7.84 |
| Dec 31, 2024 | 11.61 |
| Sep 30, 2024 | 9.98 |
| Jun 30, 2024 | 7.16 |
| Mar 31, 2024 | 8.98 |
| Dec 31, 2023 | 8.49 |
| Sep 30, 2023 | 9.08 |
| Jun 30, 2023 | 11.19 |
| Mar 31, 2023 | 13.85 |
| Dec 31, 2022 | 13.59 |
| Sep 30, 2022 | 17.72 |
| Jun 30, 2022 | 14.64 |
| Mar 31, 2022 | 24.18 |
| Dec 31, 2021 | 38.13 |
API Access
PayPal Holdings EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=PYPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "PYPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=PYPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();