PayPal Holdings, Inc. (PYPL) Stock Analysis
PayPal Holdings, Inc. by the reported numbers
On the most recently reported figures, PayPal Holdings, Inc. (PYPL) shows revenue up 4.3% and earnings per share up 35.6% year over year.
The business runs a net margin of 15.8%, a free cash flow margin of 16.8% and a 18.7% return on invested capital.
Its balance sheet carries net debt at 1.0× EBITDA.
The ImpliedLens normalized earnings-value model places the shares 142% above the current price under its disclosed assumptions, which you can change. At today's price the market is implying 29.0% less growth than the reported figures support.
Valuation
| Forward P/E | 11.2× | Price / trailing four-quarter actual EPS · Sep 30, 2026 |
|---|---|---|
| Model upside | +142% | ImpliedLens normalized earnings-value model · Oct 27, 2026 |
| Conservative case | +20.3% | ImpliedLens conservative earnings-value model · Oct 27, 2026 |
| Implied growth gap | −29.0% | ImpliedLens price-expectations model · Oct 27, 2026 |
Growth
| Revenue growth | +4.3% | SEC filing · Oct 27, 2026 |
|---|---|---|
| EPS growth | +35.6% | SEC filing · Oct 27, 2026 |
| Share count change | −6.9% | SEC filing · Oct 27, 2026 |
Profitability and returns
| Net margin | 15.8% | Derived from SEC filing · Oct 27, 2026 |
|---|---|---|
| Free cash flow margin | 16.8% | SEC filing · Oct 27, 2026 |
| Return on invested capital | 18.7% | Derived from SEC filing · Oct 27, 2026 |
| Return on equity | 26.9% | Derived from SEC filing · Oct 27, 2026 |
Balance sheet
| Net debt / EBITDA | 1.0× | Derived SEC operating-income proxy · Oct 27, 2026 |
|---|---|---|
| Equity / assets | 23.9% | Derived from SEC filing · Oct 27, 2026 |
Every figure above carries the source it came from and the date it was reported. Company filings as of Oct 27, 2026. Figures are reported and derived data, not advice, and the valuation model is one set of assumptions you can change.