PayPal Holdings (PYPL) Return on Capital Employed (2015 - 2026)

PayPal Holdings (PYPL) reported Return on Capital Employed of 18.41% for Q1 2026, up 137.0% on a YoY basis from 7.77% in Q1 2025, and up 1.8% quarter-over-quarter from 18.08% in Q4 2025.

PayPal Holdings (PYPL) Return on Capital Employed (2015 - 2026) Analysis & Trends

PayPal Holdings has reported Return on Capital Employed for 12 years, with the latest figure at 18.41% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed rose 137.0% year-over-year to 18.41%; the trailing twelve-month figure through Mar 2026 stood at 18.41% (up 137.0% YoY), and the FY2025 full-year result was 18.38%, up 314.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 18.41%, up from 18.08% in the prior quarter.
  • The five-year high for Return on Capital Employed was 18.41% in Q1 2026, with the low at 10.75% in Q3 2022.
  • Historically, Return on Capital Employed has averaged 14.88% across 5 years, with a median of 15.79% in 2024.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed slumped 211 bps — and 2023, when it soared 451 bps.
  • PayPal Holdings' Return on Capital Employed stood at 11.8% in 2022, then soared by 38 bps to 16.31% in 2023, then dropped by 8 bps to 14.95% in 2024, then gained by 21 bps to 18.08% in 2025, then advanced by 2 bps to 18.41% in 2026.
  • The last three Return on Capital Employed figures came in at 18.41% (Q1 2026), 18.08% (Q4 2025), and 17.19% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 39.33%
2 Mastercard 437.55 Bn 427.34 Bn - 64.72%
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn -
4 Capital One Financial 112.47 Bn 35.97 Bn - -
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 18.41%
6 Synchrony Financial 24.26 Bn 3.70 Bn - -
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn -
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn -
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn -
10 Credit Acceptance 6.24 Bn 6.21 Bn 562.70 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 18.41%
Dec 31, 2025 18.08%
Sep 30, 2025 17.19%
Jun 30, 2025 16.54%
Mar 31, 2025 17.04%
Dec 31, 2024 14.95%
Sep 30, 2024 16.75%
Jun 30, 2024 16.35%
Mar 31, 2024 15.79%
Dec 31, 2023 16.31%
Sep 30, 2023 14.17%
Jun 30, 2023 13.17%
Mar 31, 2023 12.13%
Dec 31, 2022 11.80%
Sep 30, 2022 10.75%
Jun 30, 2022 11.25%
Mar 31, 2022 12.35%
Dec 31, 2021 13.26%
Sep 30, 2021 12.85%
Jun 30, 2021 12.88%