PayPal Holdings Inc (PYPL) — Working Capital to Net Assets Ratio
PayPal Holdings Inc (PYPL) has a Working Capital to Net Assets ratio of 70.3% as of June 2026. Working capital of $13.94 Billion (current assets of $62.35 Billion minus current liabilities of $48.41 Billion) is measured against net assets of $19.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PYPL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PayPal Holdings Inc Working Capital to Net Assets (2013–2025)
This chart shows how PayPal Holdings Inc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of June 2026, the ratio stands at 70.3%, reflecting working capital of $13.94 Billion against net assets of $19.82 Billion USD. For the complete balance sheet picture, see PayPal Holdings Inc asset portfolio.
Annual Working Capital to Net Assets for PayPal Holdings Inc (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for PayPal Holdings Inc from 2013 to 2025, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check asset resilience ratio of PayPal Holdings Inc to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 65.7% | $13.32 Billion | $20.26 Billion | $59.76 Billion | $46.44 Billion | ▲ +3.5 pp |
| 2024 | 62.3% | $12.72 Billion | $20.42 Billion | $61.09 Billion | $48.38 Billion | ▼ -4.7 pp |
| 2023 | 67.0% | $14.10 Billion | $21.05 Billion | $62.57 Billion | $48.47 Billion | ▲ +5.8 pp |
| 2022 | 61.2% | $12.42 Billion | $20.27 Billion | $57.52 Billion | $45.10 Billion | ▲ +17.3 pp |
| 2021 | 43.9% | $9.54 Billion | $21.73 Billion | $52.57 Billion | $43.03 Billion | ▼ -18.6 pp |
| 2020 | 62.5% | $12.55 Billion | $20.06 Billion | $50.99 Billion | $38.45 Billion | ▼ -5.8 pp |
| 2019 | 68.4% | $11.58 Billion | $16.93 Billion | $38.49 Billion | $26.92 Billion | ▲ +22.5 pp |
| 2018 | 45.9% | $7.06 Billion | $15.39 Billion | $32.96 Billion | $25.90 Billion | ▼ -15.3 pp |
| 2017 | 61.2% | $9.78 Billion | $15.99 Billion | $32.65 Billion | $22.86 Billion | ▲ +1.0 pp |
| 2016 | 60.2% | $8.86 Billion | $14.71 Billion | $25.73 Billion | $16.88 Billion | ▲ +9.1 pp |
| 2015 | 51.1% | $7.03 Billion | $13.76 Billion | $20.65 Billion | $13.62 Billion | ▼ -0.8 pp |
| 2014 | 51.9% | $4.28 Billion | $8.25 Billion | $17.57 Billion | $13.28 Billion | ▲ +6.5 pp |
| 2013 | 45.5% | $3.36 Billion | $7.39 Billion | $14.62 Billion | $11.26 Billion | — |