PayPal Holdings Inc (PYPL) — Cash Flow Quality Index
PayPal Holdings Inc (PYPL) has a Cash Flow Quality Index of 1.80x as of June 2026. Operating cash flow of $1.98 Billion exceeds net income of $1.10 Billion, indicating high earnings quality where cash backs reported profits. Explore how well can PayPal Holdings Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
PayPal Holdings Inc Cash Flow Quality Index (2012–2025)
Historical Cash Flow Quality Index for PayPal Holdings Inc across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see PayPal Holdings Inc operating cash flow efficiency.
Annual Cash Flow Quality Index for PayPal Holdings Inc (2012–2025)
Year-by-year earnings quality comparison for PayPal Holdings Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.23x | $6.42 Billion | $5.23 Billion | ▼ -31.8% |
| 2024 | 1.80x | $7.45 Billion | $4.15 Billion | ▲ +57.5% |
| 2023 | 1.14x | $4.84 Billion | $4.25 Billion | ▼ -52.5% |
| 2022 | 2.40x | $5.81 Billion | $2.42 Billion | ▲ +72.8% |
| 2021 | 1.39x | $5.80 Billion | $4.17 Billion | ▼ -6.0% |
| 2020 | 1.48x | $6.22 Billion | $4.20 Billion | ▼ -20.2% |
| 2019 | 1.85x | $4.56 Billion | $2.46 Billion | ▼ -30.4% |
| 2018 | 2.67x | $5.48 Billion | $2.06 Billion | ▲ +89.0% |
| 2017 | 1.41x | $2.53 Billion | $1.79 Billion | ▼ -37.4% |
| 2016 | 2.25x | $3.16 Billion | $1.40 Billion | ▲ +8.7% |
| 2015 | 2.07x | $2.55 Billion | $1.23 Billion | ▼ -60.9% |
| 2014 | 5.30x | $2.22 Billion | $419.00 Million | ▲ +153.9% |
| 2013 | 2.09x | $1.99 Billion | $955.00 Million | ▲ +3.7% |
| 2012 | 2.01x | $1.56 Billion | $778.00 Million | — |