PayPal Holdings, Inc.PYPL

Where PYPL's EV/EBITDA sits inside its own 10-year distribution, with the yearly high, low and average.

$53.72+0.41 (+0.77%)Previous close
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PYPL EV/EBITDA: current value, 10-year range and year-by-year history

7.3Near historic low

PYPL's ev/ebitda is lower than 95% of the last 10 years.

EV/EBITDA History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
PYPL EV/EBITDA historyPYPL EV/EBITDA from Sep 2023 to Sep 2026: low 5.02, high 14.3, latest 7.25.4.286.979.6612.3515.04Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med 9.84

PYPL EV/EBITDA by year

Yearly range of PYPL’s ev/ebitda from 2016 to 2026. Over the full period it ranged from 5.0 to 56.1, averaging 24.9.

PYPL EV/EBITDA — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20265.06.58.37.3
20257.410.314.37.4
20248.810.613.513.3
20239.513.920.511.5
202216.324.142.019.0
202131.845.155.940.7
202024.643.156.143.1
201928.734.040.231.3
201824.429.933.329.4
201720.027.136.334.0
201620.221.323.420.8

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An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.

Formula(Market Cap + Net Debt) / EBITDA
Full guide
How to read this chart

Unlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.

Key caveats
  • EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
  • Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.

Is PYPL EV/EBITDA High or Low Right Now?

PayPal Holdings, Inc.'s EV/EBITDA is currently 7.3, which is near historic low relative to its 10-year historical range. The 10-year median EV/EBITDA for PYPL is approximately 24.6. See all PYPL valuation metrics →

Pro — up to 30-year history

Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.