PayPal Holdings Inc (PYPL) — Free Cash Flow Generation Index
PayPal Holdings Inc (PYPL) has a Free Cash Flow Generation Index of 0.90x as of June 2026. Free cash flow of $1.77 Billion represents 1% of operating cash flow ($1.98 Billion). Explore PYPL capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see cash flow conversion of PayPal Holdings Inc.
Annual Free Cash Flow Generation for PayPal Holdings Inc (2012–2025)
Year-by-year Free Cash Flow Generation Index for PayPal Holdings Inc. Check how aggressively does PayPal Holdings Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |