PayPal Holdings (PYPL) EV to FCF (2015 - 2026)
PayPal Holdings' (PYPL) quarterly EV to FCF came in at 14.63 in Q2 2026, down 83.5% on a YoY basis from 88.64 in Q2 2025, and down 57.39% quarter-over-quarter from 34.33 in Q1 2026.
Analysis
PayPal Holdings (PYPL) EV to FCF (2015 - 2026) Analysis & Trends
PayPal Holdings (PYPL) has reported EV to FCF for 12 consecutive years, with 14.63 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF fell 83.5% year-over-year to 14.63; the trailing twelve-month figure through Jun 2026 stood at 3.94 (down 65.99% YoY), and the FY2025 full-year result was 7.78, down 28.69% from the prior year.
- EV to FCF fell to 14.63 in Q2 2026 per PYPL's latest filing, from 34.33 in the prior quarter.
- Across five years, EV to FCF topped out at 123.1 in Q1 2022 and bottomed at 181.81 in Q2 2023.
- Historically, EV to FCF has averaged 35.7 across 5 years, with a median of 40.17 in 2024.
- The sharpest annual moves came in 2023 and 2025: EV to FCF sank 373.63% in 2023, then surged 162.63% in 2025.
- Over 5 years, EV to FCF stood at 48.88 in 2022, then sank by 57.1% to 20.97 in 2023, then jumped by 60.7% to 33.7 in 2024, then slumped by 41.34% to 19.77 in 2025, then declined by 25.99% to 14.63 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 14.63, 34.33, and 19.77 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Block | 49.71 Bn | 43.24 Bn | 3.17 Bn |
| 2 | PayPal Holdings | 47.38 Bn | 36.12 Bn | - |
| 3 | Fiserv | 28.18 Bn | 27.58 Bn | 3.59 Bn |
| 4 | Corpay | 27.33 Bn | 20.64 Bn | 1.19 Bn |
| 5 | Global Payments | 24.60 Bn | 19.84 Bn | 2.03 Bn |
| 6 | Shift4 Payments | 7.14 Bn | 6.90 Bn | 446.00 Mn |
| 7 | Wex | 6.65 Bn | 551.23 Mn | 463.80 Mn |
| 8 | Aci Worldwide | 5.36 Bn | 5.19 Bn | 181.57 Mn |
| 9 | dLocal | 4.58 Bn | 3.70 Bn | 127.15 Mn |
| 10 | Paymentus Holdings | 4.56 Bn | 4.18 Bn | 94.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.63 |
| Mar 31, 2026 | 34.33 |
| Dec 31, 2025 | 19.77 |
| Sep 30, 2025 | 30.47 |
| Jun 30, 2025 | 88.64 |
| Mar 31, 2025 | 54.51 |
| Dec 31, 2024 | 33.70 |
| Sep 30, 2024 | 46.01 |
| Jun 30, 2024 | 33.75 |
| Mar 31, 2024 | 31.89 |
| Dec 31, 2023 | 20.97 |
| Sep 30, 2023 | 46.86 |
| Jun 30, 2023 | -181.81 |
| Mar 31, 2023 | 74.54 |
| Dec 31, 2022 | 48.88 |
| Sep 30, 2022 | 55.86 |
| Jun 30, 2022 | 66.45 |
| Mar 31, 2022 | 123.10 |
| Dec 31, 2021 | 209.30 |
| Sep 30, 2021 | 227.21 |