PayPal Holdings Return on Equity (ROE) Growth & History (PYPL)
PayPal Holdings's return on equity was 25.73% for fiscal 2025.
View full PayPal Holdings company overviewPayPal Holdings annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 25.73% | +5.73 pp |
| 2024 | 2024-12-31 | 20.00% | −0.55 pp |
| 2023 | 2023-12-31 | 20.55% | +9.03 pp |
| 2022 | 2022-12-31 | 11.52% | −8.45 pp |
| 2021 | 2021-12-31 | 19.97% | −2.80 pp |
| 2020 | 2020-12-31 | 22.77% | +7.53 pp |
| 2019 | 2019-12-31 | 15.24% | +2.13 pp |
| 2018 | 2018-12-31 | 13.11% | +1.42 pp |
| 2017 | 2017-12-31 | 11.69% | +1.85 pp |
| 2016 | 2016-12-31 | 9.84% | −1.32 pp |
| 2015 | 2015-12-31 | 11.16% | +5.80 pp |
| 2014 | 2014-12-31 | 5.36% | — |
PayPal Holdings quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.54% | −0.69 pp |
| Q1 2026 | 2026-03-31 | 5.53% | −0.80 pp |
| Q4 2025 | 2025-12-31 | 7.10% | +1.58 pp |
| Q3 2025 | 2025-09-30 | 6.18% | +1.23 pp |
| Q2 2025 | 2025-06-30 | 6.23% | +0.77 pp |
| Q1 2025 | 2025-03-31 | 6.33% | +2.08 pp |
| Q4 2024 | 2024-12-31 | 5.52% | −1.35 pp |
| Q3 2024 | 2024-09-30 | 4.95% | −0.23 pp |
| Q2 2024 | 2024-06-30 | 5.46% | +0.25 pp |
| Q1 2024 | 2024-03-31 | 4.25% | +0.29 pp |
| Q4 2023 | 2023-12-31 | 6.87% | +2.33 pp |
| Q3 2023 | 2023-09-30 | 5.18% | −1.47 pp |
| Q2 2023 | 2023-06-30 | 5.21% | +6.90 pp |
| Q1 2023 | 2023-03-31 | 3.96% | +1.56 pp |
| Q4 2022 | 2022-12-31 | 4.54% | +0.89 pp |
| Q3 2022 | 2022-09-30 | 6.64% | +1.59 pp |
| Q2 2022 | 2022-06-30 | −1.69% | −7.56 pp |
| Q1 2022 | 2022-03-31 | 2.40% | −3.16 pp |
| Q4 2021 | 2021-12-31 | 3.66% | −4.48 pp |
| Q3 2021 | 2021-09-30 | 5.06% | −0.60 pp |
| Q2 2021 | 2021-06-30 | 5.87% | −3.24 pp |
| Q1 2021 | 2021-03-31 | 5.56% | +5.05 pp |
| Q4 2020 | 2020-12-31 | 8.14% | +5.10 pp |
| Q3 2020 | 2020-09-30 | 5.65% | +2.82 pp |
| Q2 2020 | 2020-06-30 | 9.11% | +3.85 pp |
| Q1 2020 | 2020-03-31 | 0.51% | −3.86 pp |
| Q4 2019 | 2019-12-31 | 3.04% | −0.79 pp |
| Q3 2019 | 2019-09-30 | 2.83% | −0.06 pp |
| Q2 2019 | 2019-06-30 | 5.26% | +1.71 pp |
| Q1 2019 | 2019-03-31 | 4.37% | +1.03 pp |
| Q4 2018 | 2018-12-31 | 3.83% | −0.12 pp |
| Q3 2018 | 2018-09-30 | 2.89% | +0.40 pp |
| Q2 2018 | 2018-06-30 | 3.55% | +0.77 pp |
| Q1 2018 | 2018-03-31 | 3.34% | +0.72 pp |
| Q4 2017 | 2017-12-31 | 3.95% | +1.25 pp |
| Q3 2017 | 2017-09-30 | 2.50% | +0.19 pp |
| Q2 2017 | 2017-06-30 | 2.77% | +0.42 pp |
| Q1 2017 | 2017-03-31 | 2.62% | −0.05 pp |
| Q4 2016 | 2016-12-31 | 2.70% | −0.02 pp |
| Q3 2016 | 2016-09-30 | 2.31% | −0.01 pp |
| Q2 2016 | 2016-06-30 | 2.36% | −0.55 pp |
| Q1 2016 | 2016-03-31 | 2.67% | — |
| Q4 2015 | 2015-12-31 | 2.72% | — |
| Q3 2015 | 2015-09-30 | 2.32% | — |
| Q2 2015 | 2015-06-30 | 2.91% | — |
PayPal Holdings return on equity trends
Over the last five fiscal years, PayPal Holdings's return on equity increased from 22.77% to 25.73%, a change of +2.96 percentage points. The latest reported quarter, Q2 2026, shows 5.54%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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