PayPal Holdings Inc (PYPL) — Free Cash Flow Generation Index

Latest as of March 2026: 0.80x

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). See PYPL working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.80x
Free Cash Flow / Operating CF

Free Cash Flow

$911.00 Million
USD

Operating Cash Flow

$1.13 Billion
USD

Capital Expenditures

$223.00 Million
USD

PayPal Holdings Inc Free Cash Flow Generation Index (2012–2025)

Historical FCF Generation Index trend for PayPal Holdings Inc across 14 annual periods. Explore PayPal Holdings Inc (PYPL) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

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 market cap of PayPal Holdings Inc.

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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).