PayPal Holdings (PYPL) FCF Margin (2014 - 2026)
PayPal Holdings' (PYPL) quarterly FCF Margin came in at 20.44% in Q2 2026, up 1210.0% YoY from 1.56% in Q2 2025, and up 89.12% on a QoQ basis from 10.81% in Q1 2026.
PayPal Holdings (PYPL) FCF Margin (2014 - 2026) Analysis & Trends
PayPal Holdings (PYPL) has 13 years of FCF Margin data on file, last reported at 20.44% in Q2 2026.
- Quarterly FCF Margin rose 1210.0% year-over-year to 20.44% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 19.3% (up 291.0% YoY) and the FY2025 annual result came in at 16.77%, down 451.0% from the prior year.
- FCF Margin climbed to 20.44% in Q2 2026, from 10.81% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 30.76% in Q4 2023 to a low of 4.8% in Q2 2023.
- A 5-year average of 17.31% and a median of 17.88% in 2024 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2023 — FCF Margin slumped 2060 bps — and 2024, when it soared 2215 bps.
- Tracing PYPL's FCF Margin over 5 years: stood at 19.41% in 2022, then jumped by 58 bps to 30.76% in 2023, then fell by 15 bps to 26.19% in 2024, then fell by 4 bps to 25.24% in 2025, then retreated by 19 bps to 20.44% in 2026.
- The last three FCF Margin figures came in at 20.44% (Q2 2026), 10.81% (Q1 2026), and 25.24% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 52.76% |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 37.82% |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 22.78% |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 64.06% |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 20.44% |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 50.23% |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | -3,167.36% |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | -1,839.75% |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | 59.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.44% |
| Mar 31, 2026 | 10.81% |
| Dec 31, 2025 | 25.24% |
| Sep 30, 2025 | 20.41% |
| Jun 30, 2025 | 8.35% |
| Mar 31, 2025 | 12.37% |
| Dec 31, 2024 | 26.19% |
| Sep 30, 2024 | 18.41% |
| Jun 30, 2024 | 17.35% |
| Mar 31, 2024 | 22.90% |
| Dec 31, 2023 | 30.76% |
| Sep 30, 2023 | 14.84% |
| Jun 30, 2023 | -4.80% |
| Mar 31, 2023 | 14.20% |
| Dec 31, 2022 | 19.41% |
| Sep 30, 2022 | 22.98% |
| Jun 30, 2022 | 15.79% |
| Mar 31, 2022 | 15.83% |
| Dec 31, 2021 | 14.56% |
| Sep 30, 2021 | 20.80% |