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PayPal Holdings, Inc. (PYPL) Operating Margin: 17.85%

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

PayPal Holdings, Inc.'s operating margin of 17.85% is in line with its 5-year average of 16.33%, near the high end of its 5-year range (13.94%–18.28%).

As of Tuesday, June 16, 2026. 1.91% above its 12-month average of 17.52%.

PYPL Operating Margin Chart

PYPL Operating Margin
18.28%+9.13% 1Y
Zoom

PYPL Average Operating Margin Chart

PYPL Current vs Average Operating Margin Chart

PYPL Operating Margin Metrics

OPERATING MARGIN

17.85%

OPERATING MARGIN AVG TTM

17.52%

OPERATING MARGIN AVG 3Y

16.46%

OPERATING MARGIN AVG 5Y

16.33%

OPERATING MARGIN AVG 10Y

15.83%

OPERATING MARGIN AVG 15Y

N/A

OPERATING MARGIN AVG 20Y

N/A

CURRENT VS TTM AVG

+1.91%

CURRENT VS 3Y AVG

+8.41%

CURRENT VS 5Y AVG

+9.30%

CURRENT VS 10Y AVG

+12.74%

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

PYPL Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
PayPal Holdings, Inc. (PYPL)$38.26B17.85%17.52%16.46%16.33%
Prudential Financial, Inc. (PRU)vs ›$38.46B7.10%6.21%3.69%4.90%
American International Group, Inc. (AIG)vs ›$39.93B14.66%14.34%12.87%10.09%
The Hartford Financial Services Group, Inc. (HIG)vs ›$36.07B17.51%15.71%13.62%13.05%
Sunbelt Rentals Holdings Inc (SUNB)vs ›$34.30B21.60%24.07%24.67%24.67%
Ameriprise Financial, Inc. (AMP)vs ›$42.37B27.39%25.58%25.51%24.31%
Ares Management Corporation (ARES)vs ›$44.33B22.90%25.79%21.14%20.23%
MSCI Inc. (MSCI)vs ›$44.55B55.36%54.09%54.16%53.56%
Coinbase Global, Inc. (COIN)vs ›$45.21B0.43%27.57%-8.73%6.06%
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs ›$45.57BN/AN/AN/AN/A

Operating Efficiency

Gross Margin

46.1%

Operating Margin

17.9%

PayPal Holdings, Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PayPal Holdings, Inc. Operating Margin FAQ

What is the operating margin for PayPal Holdings, Inc. (PYPL)?
The operating margin for PYPL stock is 17.85%.
Is PayPal Holdings, Inc.'s operating margin high or low?
PayPal Holdings, Inc.'s operating margin of 17.85% is in line with its 5-year average of 16.33%, near the high end of its 5-year range (13.94%–18.28%).
What is the TTM average operating margin for PayPal Holdings, Inc. (PYPL)?
The TTM average operating margin for PYPL stock is 17.52%.
What is the 3Y average operating margin for PayPal Holdings, Inc. (PYPL)?
The 3Y average operating margin for PYPL stock is 16.46%.
What is the 5Y average operating margin for PayPal Holdings, Inc. (PYPL)?
The 5Y average operating margin for PYPL stock is 16.33%.
What is the 10Y average operating margin for PayPal Holdings, Inc. (PYPL)?
The 10Y average operating margin for PYPL stock is 15.83%.

PayPal Holdings, Inc. Operating Margin History

DATEOPERATING MARGIN
2025-12-3118.28%
2024-12-3116.75%
2023-12-3116.89%
2022-12-3113.94%
2021-12-3116.80%
2020-12-3115.33%
2019-12-3115.30%
2018-12-3114.20%
2017-12-3116.24%
2016-12-3114.63%
2015-12-3115.80%
2014-12-3115.80%
2013-12-3116.22%
2012-12-3115.54%

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