PYPL vs V
PayPal Holdings, Inc. and Visa Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | PYPL | V |
|---|---|---|
| Revenue | $33.2B | $40.0B |
| Net income | $5.2B | $20.1B |
| Gross margin | · | · |
| Net margin | 15.8% | 50.1% |
| Return on equity | 25.7% | 52.1% |
| Diluted EPS | $5.41 | · |
| Dividend / share | $0.14 | $0.59 |
| Payout ratio | 2.5% | 23.1% |
| Free cash flow | $5.6B | $21.6B |
| Equity | $20.3B | · |
| Net debt / equity | 0.10× | 0.21× |
| Current ratio | 1.29× | 1.08× |
| Revenue CAGR 5y | 9.1% | 12.9% |
| Profit CAGR 5y | 4.5% | 13.0% |
V bills 1.2× the revenue of PYPL, and keeps more of each dollar of revenue as profit (50.1% against 15.8%).
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 | V |
|---|---|---|
| FY2025 | $33.2B | $40.0B |
| FY2024 | $31.8B | $35.9B |
| FY2023 | $29.8B | $32.7B |
| FY2022 | $27.5B | $29.3B |
| FY2021 | $25.4B | $24.1B |
| FY2020 | $21.5B | $21.8B |
| FY2019 | $17.8B | $23.0B |
| FY2018 | $15.5B | $20.6B |
| FY2017 | $13.1B | $18.4B |
| FY2016 | $10.8B | $15.1B |
Bottom line
| Fiscal year | PYPL | V |
|---|---|---|
| FY2025 | $5.2B | $20.1B |
| FY2024 | $4.1B | $19.7B |
| FY2023 | $4.2B | $17.3B |
| FY2022 | $2.4B | $15.0B |
| FY2021 | $4.2B | $12.3B |
| FY2020 | $4.2B | $10.9B |
| FY2019 | $2.5B | $12.1B |
| FY2018 | $2.1B | $10.3B |
| FY2017 | $1.8B | $6.7B |
| FY2016 | $1.4B | $6.0B |
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$6,828,000,000 | V |
| FY2024 | −$4,129,000,000 | V |
| FY2023 | −$2,882,000,000 | V |
| FY2022 | −$1,792,000,000 | V |
| FY2021 | +$1,266,000,000 | PYPL |
| FY2020 | −$392,000,000 | V |
| FY2019 | −$5,205,000,000 | V |
| FY2018 | −$5,158,000,000 | V |
| FY2017 | −$5,264,000,000 | V |
| FY2016 | −$4,240,000,000 | V |
| FY2015 | −$4,632,000,000 | V |
| FY2014 | −$4,677,000,000 | V |
| FY2013 | −$5,051,000,000 | V |
The higher-revenue side has changed between PYPL and V over this period. The gap has widened since the earliest year compared.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −34.4 pp | V |
| FY2024 | −41.9 pp | V |
| FY2023 | −38.6 pp | V |
| FY2022 | −42.2 pp | V |
| FY2021 | −34.6 pp | V |
| FY2020 | −30.2 pp | V |
| FY2019 | −38.7 pp | V |
| FY2018 | −36.7 pp | V |
| FY2017 | −22.8 pp | V |
| FY2016 | −26.8 pp | V |
| FY2015 | −32.3 pp | V |
| FY2014 | −37.6 pp | V |
| FY2013 | −28.1 pp | V |
V has kept the higher net margin in every one of these 13 fiscal years.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
V's net margin has been more volatile than PYPL's over the 13 comparable fiscal years — 5.5 percentage points of standard deviation against 3.3.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
V led in net margin in every one of the 13 comparable fiscal years — a structural lead, not a recent swing.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
V's return on equity has been more volatile than PYPL's over the 13 comparable fiscal years — 11.7 percentage points of standard deviation against 5.7.
13 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
V led in return on equity in every one of the 13 comparable fiscal years — a structural lead, not a recent swing.
13 of 17 comparable fiscal years — a year missing data on either side is not counted.