PYPL vs SE
PayPal Holdings, Inc. and Sea Ltd., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | PYPL | SE |
|---|---|---|
| Revenue | $33.2B | $22.9B |
| Net income | $5.2B | $1.6B |
| Gross margin | · | 44.7% |
| Net margin | 15.8% | 7.0% |
| Return on equity | 25.7% | 15.1% |
| Diluted EPS | $5.41 | $2.52 |
| Dividend / share | $0.14 | · |
| Payout ratio | 2.5% | · |
| Free cash flow | $5.6B | $4.5B |
| Equity | $20.3B | $12.5B |
| Net debt / equity | 0.10× | · |
| Current ratio | 1.29× | 1.58× |
| Revenue CAGR 5y | 9.1% | 39.3% |
| Profit CAGR 5y | 4.5% | · |
PYPL bills 1.4× the revenue of SE, and keeps more of each dollar of revenue as profit (15.8% against 7.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | PYPL | SE |
|---|---|---|
| FY2025 | $33.2B | $22.9B |
| FY2024 | $31.8B | $16.8B |
| FY2023 | $29.8B | $13.1B |
| FY2022 | $27.5B | $12.4B |
| FY2021 | $25.4B | $10.0B |
| FY2020 | $21.5B | $4.4B |
| FY2019 | $17.8B | $2.2B |
| FY2018 | $15.5B | $827.0M |
| FY2017 | $13.1B | $414.2M |
| FY2016 | $10.8B | $345.7M |
Bottom line
| Fiscal year | PYPL | SE |
|---|---|---|
| FY2025 | $5.2B | $1.6B |
| FY2024 | $4.1B | $444.3M |
| FY2023 | $4.2B | $150.7M |
| FY2022 | $2.4B | $-1.7B |
| FY2021 | $4.2B | $-2.0B |
| FY2020 | $4.2B | $-1.6B |
| FY2019 | $2.5B | $-1.5B |
| FY2018 | $2.1B | $-961.2M |
| FY2017 | $1.8B | $-560.5M |
| FY2016 | $1.4B | $-222.9M |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$10,233,531,000 | PYPL |
| FY2024 | +$14,977,134,000 | PYPL |
| FY2023 | +$16,707,440,000 | PYPL |
| FY2022 | +$15,068,295,000 | PYPL |
| FY2021 | +$15,415,810,000 | PYPL |
| FY2020 | +$17,078,336,000 | PYPL |
| FY2019 | +$15,596,622,000 | PYPL |
| FY2018 | +$14,624,032,000 | PYPL |
| FY2017 | +$12,679,810,000 | PYPL |
| FY2016 | +$10,496,330,000 | PYPL |
| FY2015 | +$8,955,876,000 | PYPL |
PYPL has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 13 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +8.8 pp | PYPL |
| FY2024 | +10.4 pp | PYPL |
| FY2023 | +13.0 pp | PYPL |
| FY2022 | +22.1 pp | PYPL |
| FY2021 | +37.0 pp | PYPL |
| FY2020 | +56.7 pp | PYPL |
| FY2019 | +80.8 pp | PYPL |
| FY2018 | +129.5 pp | PYPL |
| FY2017 | +149.2 pp | PYPL |
| FY2016 | +78.0 pp | PYPL |
| FY2015 | +50.0 pp | PYPL |
PYPL has kept the higher net margin in every one of these 11 fiscal years.
11 of 13 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SE's net margin has been more volatile than PYPL's over the 11 comparable fiscal years — 45.7 percentage points of standard deviation against 2.5.
11 of 13 comparable fiscal years — a year missing data on either side is not counted.
Year by year
PYPL led in net margin in every one of the 11 comparable fiscal years — a structural lead, not a recent swing.
11 of 13 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SE's return on equity has been more volatile than PYPL's over the 7 comparable fiscal years — 50.8 percentage points of standard deviation against 5.1.
7 of 13 comparable fiscal years — a year missing data on either side is not counted.
Year by year
PYPL led in return on equity in every one of the 7 comparable fiscal years — a structural lead, not a recent swing.
7 of 13 comparable fiscal years — a year missing data on either side is not counted.