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PayPal Holdings, Inc. (PYPL) EBITDA Margin: 23.20%

Is PayPal Holdings, Inc.’s EBITDA margin high or low?

PayPal Holdings, Inc.'s EBITDA margin of 23.20% is in line with its 5-year average of 22.94%, around the middle of its 5-year range (18.12%–30.12%).

As of Tuesday, June 16, 2026. 4.48% above its 12-month average of 22.20%.

PYPL EBITDA Margin Chart

PYPL EBITDA Margin
23.20%+9.38% 1Y
Zoom

PYPL Average EBITDA Margin Chart

PYPL Current vs Average EBITDA Margin Chart

PYPL EBITDA Margin Metrics

EBITDA MARGIN

23.20%

EBITDA MARGIN AVG TTM

22.20%

EBITDA MARGIN AVG 3Y

21.37%

EBITDA MARGIN AVG 5Y

22.94%

EBITDA MARGIN AVG 10Y

22.62%

EBITDA MARGIN AVG 15Y

N/A

EBITDA MARGIN AVG 20Y

N/A

CURRENT VS TTM AVG

+4.48%

CURRENT VS 3Y AVG

+8.58%

CURRENT VS 5Y AVG

+1.13%

CURRENT VS 10Y AVG

+2.56%

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

PYPL Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
PayPal Holdings, Inc. (PYPL)$38.26B23.20%22.20%21.37%22.94%
Prudential Financial, Inc. (PRU)vs ›$38.46B8.08%6.58%3.90%5.22%
American International Group, Inc. (AIG)vs ›$39.93B28.87%28.98%27.82%23.49%
The Hartford Financial Services Group, Inc. (HIG)vs ›$36.07B18.95%17.45%15.72%15.44%
Sunbelt Rentals Holdings Inc (SUNB)vs ›$34.30B46.34%45.67%45.39%45.39%
Ameriprise Financial, Inc. (AMP)vs ›$42.37B26.66%26.66%26.69%25.42%
Ares Management Corporation (ARES)vs ›$44.33B35.49%48.79%52.02%47.42%
MSCI Inc. (MSCI)vs ›$44.55B61.64%61.42%62.76%60.61%
Coinbase Global, Inc. (COIN)vs ›$45.21B25.01%36.51%-2.66%10.60%
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs ›$45.57BN/AN/AN/AN/A

Margin Comparison

Gross Margin

46.1%

EBITDA Margin

23.2%

Operating Margin

17.9%

Net Margin

15.0%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

PayPal Holdings, Inc. EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PayPal Holdings, Inc. EBITDA Margin FAQ

What is the EBITDA margin for PayPal Holdings, Inc. (PYPL)?
The EBITDA margin for PYPL stock is 23.20%.
Is PayPal Holdings, Inc.'s EBITDA margin high or low?
PayPal Holdings, Inc.'s EBITDA margin of 23.20% is in line with its 5-year average of 22.94%, around the middle of its 5-year range (18.12%–30.12%).
What is the TTM average EBITDA margin for PayPal Holdings, Inc. (PYPL)?
The TTM average EBITDA margin for PYPL stock is 22.20%.
What is the 3Y average EBITDA margin for PayPal Holdings, Inc. (PYPL)?
The 3Y average EBITDA margin for PYPL stock is 21.37%.
What is the 5Y average EBITDA margin for PayPal Holdings, Inc. (PYPL)?
The 5Y average EBITDA margin for PYPL stock is 22.94%.
What is the 10Y average EBITDA margin for PayPal Holdings, Inc. (PYPL)?
The 10Y average EBITDA margin for PYPL stock is 22.62%.

PayPal Holdings, Inc. EBITDA Margin History

DATEEBITDA MARGIN
2025-12-3123.20%
2024-12-3121.21%
2023-12-3122.94%
2022-12-3118.12%
2021-12-3122.06%
2020-12-3130.12%
2019-12-3122.65%
2018-12-3120.90%
2017-12-3123.00%
2016-12-3121.75%
2015-12-3122.89%
2014-12-3122.23%
2013-12-3122.95%
2012-12-3122.62%

About PayPal Holdings, Inc.

PayPal Holdings, Inc. provides a worldwide technological framework that facilitates digital financial transactions for both businesses and individual users. The company offers a wide array of payment services through well-known brands such as PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy. Through its extensive platform, consumers are able to send and receive funds across roughly 200 global markets and in approximately 100 different currencies. Additionally, users can transfer money to their bank accounts in 56 currencies and maintain account balances in 25 distinct currencies within their PayPal accounts. Founded in 1998, the company's corporate headquarters are situated in San Jose, California.

San Jose, CA
24,400 employees
Financial Services / Financial - Credit Services
Sector
Financial Services
Industry
Financial - Credit Services
CEO
Enrique J. Lores