Paypal Holdings Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Paypal Holdings Inc (PYPL) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Paypal Holdings Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 33,734M vs 168,844M combined for tracked competitors (16.7% combined share).
- Trending: Latest-quarter revenue run-rate is holding steady (-1.0% annualized vs trailing 12 months), vs accelerating (+8.0%) for its tracked peer group.
- Growth: Paypal Holdings Inc generated 7.2% revenue growth year over year in Q1 2026, vs 15.1% for its tracked competitors combined.
- Profitability: Its 30.0% net margin compares with 24.6% for the peer group.
- Scale: Paypal Holdings Inc ranks #14 of 168 companies by market capitalization in the Professional Services industry, holding 1.6% of industry market cap.
- Peer revenue share: Paypal Holdings Inc accounted for 15.5% of combined revenue among its tracked peer group, down from 16.4% a year earlier.
- Peer differentiation: Revenue per employee of $1.42M compares with $1.01M for the peer group (1.4x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
PYPL Sales vs. its Competitors, Q1 2026
Paypal Holdings Inc reported revenue growth of 7.21 % year on year in Q1 2026, below its competitors' combined revenue growth of 15.08 %.
With a net margin of 30.00 %, Paypal Holdings Inc achieved higher profitability than its competitors (24.55 %).
Paypal Holdings Inc generated 15.48 % of the combined sales of its peer group, down from 16.43 % a year earlier.
Paypal Holdings Inc vs. its Competitors, Q1 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Paypal Holdings Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Paypal Holdings Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (13) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (7) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (5) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Paypal Holdings Inc's competitor groups requires a Commercial License.
For context: the Professional Services industry grew revenue 6.8% year over year, combined, vs 7.2% for Paypal Holdings Inc. Paypal Holdings Inc's share of combined industry revenue moved from 1.46% to 1.47%, a gain of 0.01 percentage points.
Paypal Holdings Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Paypal Holdings Inc | Yes | Yes | Yes | No |
| Competitors combined (26) | ||||
| High-Confidence Competitors (13) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 75.00 % (6 of 8) | 37.50 % (3 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
PYPL Stock Performance relative to its Competitors
PYPL Stock Performance relative to High-Confidence Competitors
PYPL Stock Performance relative to Similar-Size Competitors
PYPL Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Flywire Corporation | 282.9% | Outperformed |
| 2 | Sezzle Inc | 282.9% | Outperformed |
| 3 | Consensus Cloud Solutions Inc | 282.9% | Outperformed |
| 4 | Priority Technology Holdings Inc | 282.9% | Outperformed |
| 5 | Visa Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Paypal Holdings Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Paypal Holdings Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Paypal Holdings Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Paypal Holdings Inc | 49,937.60 | 33,734.00 |
| Visa Inc | 704,589.84 | 43,027.00 |
| Mastercard Incorporated | 501,773.58 | 35,083.00 |
| Repay Holdings Corporation | 312,320.17 | 337.81 |
| Shopify Inc | 186,916.48 | 13,269.00 |
| Intuit Inc | 74,623.80 | 21,448.00 |
| SUBTOTAL | 1,942,625.17 | 204,123.70 |
Sign in to see all competitors of Paypal Holdings Inc .
Sources: Paypal Holdings Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Paypal Holdings Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Paypal Holdings Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Payoneer Global Inc | Named by the company | 85% |
| Usbc Inc | Named by the company | 85% |
| Affirm Holdings Inc | Named by the company | 85% |
| EMLD | Named by the company | 85% |
| KNW | Named by the company | 85% |
| Venmo | Named by the company | 85% |
| Coinbase Global Inc | Named by the company | 85% |
| Idt Corp | Named by the company | 85% |
| Psq Holdings Inc | Named by the company | 85% |
| American Express Company | Named by the company | 85% |
| Fold Holdings Inc | Named by the company | 85% |
| Paymentus Holdings Inc | Named by the company | 85% |
| Sezzle Inc | Named by the company | 85% |
| Cuentas Inc | Named by the company | 85% |
| Klarna Group Plc | Named by the company | 85% |
| Braintree | Named by the company | 85% |
| Chime Financial Inc | Named by the company | 85% |
| Godaddy Inc | Named by the company | 85% |
| Global Payments Inc | Named by the company | 85% |
| Evertec Inc | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Paypal Holdings Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Paypal Holdings Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Paypal Holdings Inc | Reportable 100.00 % |
| Mastercard Incorporated | Payment Solutions 100.00 % |
| Repay Holdings Corporation | Consumer Payments 93.07 % |
| Intuit Inc | Consumer 61.61 % |
| Block Inc | Cash App 63.91 % |
| Global Payments Inc | Merchant Solutions 100.00 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Sign in to see all peers for Paypal Holdings Inc .
Paypal Holdings Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Paypal Holdings Inc | 49,938 | 1,417,395 | 468,109 |
| Visa Inc | 704,590 | 1,261,789 | 652,082 |
| Mastercard Incorporated | 501,774 | 881,482 | 408,467 |
| Repay Holdings Corporation | 312,320 | 695,080 | -363,068 |
| Shopify Inc | 186,916 | 1,745,921 | 611,184 |
| Intuit Inc | 74,624 | 1,153,118 | 245,484 |
| PEERS TOTAL | 1,892,688 | 1,006,692 | 294,381 |
Sign in to see all peers for Paypal Holdings Inc .
Paypal Holdings Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Paypal Holdings Inc | UNITED STATES 56.82 % |
| Visa Inc | Non-US 61.39 % |
| Mastercard Incorporated | International Markets 57.56 % |
| Block Inc | United States 91.31 % |
| Flywire Corporation | United States and Canada Americas 49.92 % |
| The Western Union Company | North America Member 34.31 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Sign in to see all peers for Paypal Holdings Inc .
Paypal Holdings Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 155 companies in Paypal Holdings Inc's industry classification, broader than the peer set above. Market cap in millions of $.Paypal Holdings Inc ranks #14 of 155 companies by market capitalization in its industry, holding 1.58 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,029, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Visa Inc | 705,447 | 22.66 % |
| 2 | Mastercard Incorporated | 500,352 | 16.07 % |
| 3 | Repay Holdings Corporation | 308,989 | 9.93 % |
| 4 | Alibaba Group Holding Limited | 254,590 | 8.18 % |
| 5 | Uber Technologies Inc | 1,234 | 5.2% |
| 6 | Accenture Plc | 1,234 | 5.2% |
| 7 | Pdd Holdings inc | 1,234 | 5.2% |
| 8 | Orix Corporation | 1,234 | 5.2% |
| 9 | Mercadolibre Inc | 1,234 | 5.2% |
| 10 | Uxin Limited | 1,234 | 5.2% |
| 14 | Paypal Holdings Inc | 49,312 | 1.58 % |
Market cap and industry share for the rest of Paypal Holdings Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Paypal Holdings Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 9 | Mercadolibre Inc | 86,348 | -31.66 % |
| 10 | Uxin Limited | 81,671 | -62.60 % |
| 11 | Doordash Inc | 80,101 | -30.43 % |
| 12 | Relx Plc | 62,563 | -28.95 % |
| 13 | Sea Limited | 1,234 | 12.3% |
| 14 | Paypal Holdings Inc | 49,312 | -19.69 % |
| 15 | Ebay Inc | 1,234 | 12.3% |
| 16 | Msci Inc | 1,234 | 12.3% |
| 17 | Paychex Inc | 1,234 | 12.3% |
| 18 | Corpay Inc | 1,234 | 12.3% |
| 19 | Fiserv Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Paypal Holdings Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Paypal Holdings Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Professional Services industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (230 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 100.00 % | 47.17 % (avg) | +52.8 pp |
| Operating Margin | 17.85 % | industry median | +15.2 pp |
| EBITDA Margin | 38.89 % | 5.74 % (avg) | +33.1 pp |
| Capital Intensity (Capex / Revenue) | 2.63 % | 4.25 % (avg) | -1.6 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Paypal Holdings Inc's Valuation vs Competitive Position
Valuation multiples vs the Professional Services industry average (230 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 8.6x | 25.6x | -16.9x |
| EV / EBITDA | 3.2x | 15.4x | -12.1x |
| P/B | 2.1x | 3.7x | -1.6x |
| Return on Equity | 55.24 % | industry aggregate | 33.60 % |
| Return on Invested Capital | 7.09 % | 5.25 % (avg) | 1.84 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Paypal Holdings Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 18.00 % | 15.02 % | 20.72 % | 18.26 % | 8.46 % | 8.19 % | 6.81 % | 4.32 % |
| Operating Margin | 14.20 % | 15.30 % | 15.33 % | 16.80 % | 13.94 % | 16.89 % | 16.75 % | 18.28 % |
| Return on Invested Capital | 6.85 % | 7.29 % | 6.89 % | 7.98 % | 7.23 % | 9.44 % | 9.90 % | 7.10 % |
| P/E | 50.3x | 52.4x | 62.3x | 54.3x | 36.9x | 15.4x | 21.6x | 11.3x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Paypal Holdings Inc's Strategic Group Map
Every company in Paypal Holdings Inc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Paypal Holdings Inc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Paypal Holdings Inc's BCG Growth-Share Matrix
Relative market share (vs Paypal Holdings Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Paypal Holdings Inc falls in the Dog quadrant: relative market share of 0.07x vs its largest competitor, in an industry growing revenue 5.2% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Paypal Holdings Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 1,029 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 2.63 % vs industry average 4.25 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Paypal Holdings Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Paypal Holdings Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Paypal Holdings Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Paypal Holdings Inc falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Paypal Holdings Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Operating margin 15.2 points above the industry median.
- Return on equity 33.6 points above the industry aggregate.
Weaknesses
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.07x).
Opportunities
- Trades at a lower P/E than the industry average (8.6x vs 25.6x) despite a higher return on invested capital -- a possible re-rating opportunity.
- A meaningful share of tracked competitors (33.30 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Paypal Holdings Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Paypal Holdings Inc | 0.17 | 1.30 | 0.52 |
| Visa Inc | 0.48 | 1.09 | 0.66 |
| Mastercard Incorporated | 0.46 | 1.05 | 2.91 |
| Repay Holdings Corporation | 0.50 | 1.06 | 0.97 |
| Shopify Inc | 1.16 | 5.18 | 0.02 |
| Intuit Inc | 0.39 | 1.43 | 0.35 |
Sign in to see all peers for Paypal Holdings Inc .
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Paypal Holdings Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Paypal Holdings Inc | Q1 2026 | +7.2 % | -13.3 % |
| Visa Inc | Q1 2026 | +17.1 % | +31.5 % |
| Mastercard Incorporated | Q2 2026 | +14.1 % | +18.6 % |
| Repay Holdings Corporation | Q2 2026 | +33.2 % | - |
| Shopify Inc | Q2 2026 | +33.7 % | +261.7 % |
| Intuit Inc | Q2 2026 | +13.7 % | -4.7 % |
| PEERS TOTAL | +16.7 % | +35.5 % |
Sign in to see all peers for Paypal Holdings Inc .
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Paypal Holdings Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Paypal Holdings Inc | Q1 2026 | - | +17.9 % |
| Visa Inc | Q1 2026 | - | - |
| Mastercard Incorporated | Q2 2026 | - | +128.7 % |
| Repay Holdings Corporation | Q2 2026 | +63.4 % | +23.0 % |
| Shopify Inc | Q2 2026 | +37.7 % | +100.0 % |
| Intuit Inc | Q2 2026 | -2.3 % | +192.0 % |
Sign in to see all peers for Paypal Holdings Inc .
Paypal Holdings Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Paypal Holdings Inc | 13.91% | 14.88% | 55.24% |
| Visa Inc | 22.56% | 31.88% | 59.24% |
| Mastercard Incorporated | 29.89% | 51.37% | 232.26% |
| Repay Holdings Corporation | - | - | - |
| Shopify Inc | 31.59% | 35.47% | 36.31% |
| Intuit Inc | 12.49% | 16.28% | 23.22% |
Sign in to see all peers for Paypal Holdings Inc .
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Paypal Holdings Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Paypal Holdings Inc | 10.28 | 1.48 |
| Visa Inc | 31.78 | 16.38 |
| Mastercard Incorporated | 31.25 | 14.30 |
| Repay Holdings Corporation | - | 924.55 |
| Shopify Inc | 97.30 | 14.09 |
| Intuit Inc | 16.36 | 3.48 |
| PEERS AVERAGE | 31.86 | 9.52 |
Sign in to see all peers for Paypal Holdings Inc .
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.