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
DateValue
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%