PayPal Holdings Inc (PYPL) — Capital Reinvestment Ratio
PayPal Holdings Inc (PYPL) has a Capital Reinvestment Ratio of 0.10x as of June 2026, meaning it reinvests 0% of its operating cash flow ($1.98 Billion) in capital expenditures ($208.00 Million). Check PayPal Holdings Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
PayPal Holdings Inc Capital Reinvestment Ratio (2012–2025)
This chart tracks PayPal Holdings Inc's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see PYPL cash flow conversion.
Annual Capital Reinvestment Ratio for PayPal Holdings Inc (2012–2025)
Year-by-year Capital Reinvestment Ratio for PayPal Holdings Inc from 2012 to 2025. See PYPL free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.13x | $6.42 Billion | $852.00 Million | ▲ +44.8% |
| 2024 | 0.09x | $7.45 Billion | $683.00 Million | ▼ -28.7% |
| 2023 | 0.13x | $4.84 Billion | $623.00 Million | ▲ +5.9% |
| 2022 | 0.12x | $5.81 Billion | $706.00 Million | ▼ -22.5% |
| 2021 | 0.16x | $5.80 Billion | $908.00 Million | ▲ +12.5% |
| 2020 | 0.14x | $6.22 Billion | $866.00 Million | ▼ -9.8% |
| 2019 | 0.15x | $4.56 Billion | $704.00 Million | ▲ +2.8% |
| 2018 | 0.15x | $5.48 Billion | $823.00 Million | ▼ -43.0% |
| 2017 | 0.26x | $2.53 Billion | $667.00 Million | ▲ +24.4% |
| 2016 | 0.21x | $3.16 Billion | $669.00 Million | ▼ -25.3% |
| 2015 | 0.28x | $2.55 Billion | $722.00 Million | ▲ +28.0% |
| 2014 | 0.22x | $2.22 Billion | $492.00 Million | ▲ +13.0% |
| 2013 | 0.20x | $1.99 Billion | $391.00 Million | ▼ -39.9% |
| 2012 | 0.33x | $1.56 Billion | $511.00 Million | — |