PayPal Holdings Inc (PYPL) — Working Capital to Net Assets Ratio
PayPal Holdings Inc (PYPL) has a Working Capital to Net Assets ratio of 61.7% as of March 2026. Working capital of $12.36 Billion (current assets of $59.99 Billion minus current liabilities of $47.64 Billion) is measured against net assets of $20.02 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PYPL financial flexibility score to measure the company's free cash flow as a share of total liabilities.
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 March 2026, the ratio stands at 61.7%, reflecting working capital of $12.36 Billion against net assets of $20.02 Billion USD. See defensive interval ratio of PayPal Holdings Inc to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see PayPal Holdings Inc (PYPL) total market value.
| 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 | — |