PayPal Holdings (PYPL) Gross Margin (2017 - 2021)
PayPal Holdings' (PYPL) quarterly Gross Margin came in at 99.04% in Q1 2021, down 33.0% YoY from 147.82% in Q1 2020, and little changed on a QoQ basis from 99.28% in Q4 2020.
PayPal Holdings (PYPL) Gross Margin (2017 - 2021) Analysis & Trends
PayPal Holdings (PYPL) has 5 years of Gross Margin data on file, last reported at 99.04% in Q1 2021.
- Quarterly Gross Margin fell 33.0% year-over-year to 99.04% in Q1 2021, while the trailing twelve-month figure through Mar 2021 was 99.27% (down 56.0% YoY) and the FY2020 annual result came in at 99.35%, down 25.0% from the prior year.
- Gross Margin was little changed at 99.04% in Q1 2021, from 99.28% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q2 2017 to a low of 95.85% in Q1 2018.
- A 5-year average of 98.98% and a median of 99.28% in 2020 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2018 — Gross Margin slumped 301 bps — and 2019, when it jumped 296 bps.
- Tracing PYPL's Gross Margin over 5 years: stood at 97.54% in 2017, then increased by 2 bps to 99.72% in 2018, then climbed by 0 bps to 100.0% in 2019, then dropped by 1 bps to 99.28% in 2020, then slipped by 0 bps to 99.04% in 2021.
- The last three Gross Margin figures came in at 99.04% (Q1 2021), 99.28% (Q4 2020), and 99.65% (Q3 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | - |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | - |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 91.60% |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | - |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | - |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | - |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | - |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | -32.14% |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | 90.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | 99.04% |
| Dec 31, 2020 | 99.28% |
| Sep 30, 2020 | 99.65% |
| Jun 30, 2020 | 99.11% |
| Mar 31, 2020 | 99.37% |
| Dec 31, 2019 | 100.00% |
| Sep 30, 2019 | 100.00% |
| Jun 30, 2019 | 99.95% |
| Mar 31, 2019 | 98.23% |
| Dec 31, 2018 | 99.72% |
| Sep 30, 2018 | 99.24% |
| Jun 30, 2018 | 96.99% |
| Mar 31, 2018 | 95.85% |
| Dec 31, 2017 | 97.54% |
| Sep 30, 2017 | 100.00% |
| Jun 30, 2017 | 100.00% |
| Mar 31, 2017 | 98.66% |