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PayPal Holdings (WBO:PYPL) Tax Rate % : 22.96% (As of Sep. 2024)


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What is PayPal Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. PayPal Holdings's Tax Expense for the three months ended in Sep. 2024 was €271 Mil. PayPal Holdings's Pre-Tax Income for the three months ended in Sep. 2024 was €1,181 Mil. Therefore, PayPal Holdings's Tax Rate % for the quarter that ended in Sep. 2024 was 22.96%.

PayPal Holdings Tax Rate % Historical Data

The historical data trend for PayPal Holdings's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PayPal Holdings Tax Rate % Chart

PayPal Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.98 17.04 -1.71 28.13 21.53

PayPal Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.81 21.81 26.55 19.37 22.96

PayPal Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

PayPal Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=1068.305/4961.887
=21.53 %

PayPal Holdings's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=271.201/1181.211
=22.96 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PayPal Holdings Tax Rate % Related Terms

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PayPal Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PayPal Holdings Inc (WBO:PYPL) » Definitions » Tax Rate %
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Traded in Other Exchanges
PYPL:USA PYPL:Peru PYPL:Mexico PYPL_KZ:Kazakhstan 1PYPL:Italy 2PPd:UK 2PP:Germany PYPL:Canada PYPL34:Brazil 2PP:Bulgaria PYPL:Argentina
Address
2211 North First Street, San Jose, CA, USA, 95131
Website
https://www.paypal.com
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 426 million active accounts at the end of 2023. The company also owns Venmo, a person-to-person payment platform.