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| Date | Value |
|---|---|
| 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% |