PayPal Holdings Inc (PYPL) — Free Cash Flow Generation Index
PayPal Holdings Inc (PYPL) has a Free Cash Flow Generation Index of 0.80x as of March 2026. Free cash flow of $911.00 Million represents 1% of operating cash flow ($1.13 Billion). Read PayPal Holdings Inc total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
PayPal Holdings Inc Free Cash Flow Generation Index (2012–2025)
Historical FCF Generation Index trend for PayPal Holdings Inc across 14 annual periods. Explore PYPL capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for PayPal Holdings Inc (2012–2025)
Year-by-year Free Cash Flow Generation Index for PayPal Holdings Inc. For the full company profile including market capitalisation, see PayPal Holdings Inc (PYPL) market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.87x | $5.56 Billion | $6.42 Billion | $852.00 Million | ▼ -4.5% |
| 2024 | 0.91x | $6.77 Billion | $7.45 Billion | $683.00 Million | ▲ +4.2% |
| 2023 | 0.87x | $4.22 Billion | $4.84 Billion | $623.00 Million | ▼ -0.8% |
| 2022 | 0.88x | $5.11 Billion | $5.81 Billion | $706.00 Million | ▲ +4.2% |
| 2021 | 0.84x | $4.89 Billion | $5.80 Billion | $908.00 Million | ▼ -2.0% |
| 2020 | 0.86x | $5.35 Billion | $6.22 Billion | $866.00 Million | ▲ +1.8% |
| 2019 | 0.85x | $3.86 Billion | $4.56 Billion | $704.00 Million | ▼ -0.5% |
| 2018 | 0.85x | $4.66 Billion | $5.48 Billion | $823.00 Million | ▲ +15.4% |
| 2017 | 0.74x | $1.86 Billion | $2.53 Billion | $667.00 Million | ▼ -6.6% |
| 2016 | 0.79x | $2.49 Billion | $3.16 Billion | $669.00 Million | ▲ +10.0% |
| 2015 | 0.72x | $1.82 Billion | $2.55 Billion | $722.00 Million | ▼ -8.0% |
| 2014 | 0.78x | $1.73 Billion | $2.22 Billion | $492.00 Million | ▼ -3.2% |
| 2013 | 0.80x | $1.60 Billion | $1.99 Billion | $391.00 Million | ▲ +19.4% |
| 2012 | 0.67x | $1.05 Billion | $1.56 Billion | $511.00 Million | — |