Buyback yield (TTM)
14.96%
Shareholder yield (TTM)
15.59%
5Y share count change
-18.4%
Buyback spend (TTM)
$6.18B
Cumulative buybacks
$33.24B
Key takeaways
- PayPal (PYPL) repurchased about $6.18B of stock over the trailing twelve months.
- Diluted share count is down 18.4% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 6.11× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +29.9% per year over the latest 5-year window.
- TTM repurchases used about 118% of free cash flow remaining after dividends.
Dividend & buyback yield over time for PayPal (PYPL)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for PayPal (PYPL)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for PayPal (PYPL)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for PayPal (PYPL)
Latest: $6.05B
Overview
PayPal (PYPL) most recent annual buyback spend stands at $6.05B (2025) – edged up 0.1% year-over-year.
PayPal buyback spend compound annual growth for the 2020–2025 (5 years) window is +29.9%, sustaining 6 straight years of year-over-year growth.
Across the available history, buyback spend reached its high of $6.05B in 2025 and its low of $0.00 in 2012.
PayPal Buyback Spend 2025: $6.05B
PayPal buyback spend in 2025 was $6.05B, edged up 0.1% from 2024. This figure represents the highest annual value in the available history.
PayPal Buyback Spend 2024: $6.05B
2024's buyback spend for PayPal came in at $6.05B, grew 20.9% from 2023.
PayPal Buyback Spend 2023: $5.00B
PayPal posted buyback spend of $5.00B in 2023, grew 19.1% from 2022.
PayPal Buyback Spend 2022: $4.20B
In 2022, PayPal reported buyback spend of $4.20B, grew 24.5% from 2021.
PayPal Buyback Spend 2021: $3.37B
PayPal buyback spend in 2021 was $3.37B.
See more financial history for PayPal (PYPL).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $6.05B | $1.00B | $5.05B | 11.13% | 0.97B | -6.8% | |
| 2024 | $6.05B | $1.23B | $4.82B | 7.11% | 1.04B | -6.1% | |
| 2023 | $5.00B | $1.48B | $3.53B | 7.56% | 1.11B | -4.4% | |
| 2022 | $4.20B | $1.26B | $2.94B | 5.18% | 1.16B | -2.4% | |
| 2021 | $3.37B | $1.38B | $2.00B | 1.52% | 1.19B | -0.1% | |
| 2020 | $1.64B | $1.38B | $259.00M | 0.60% | 1.19B | -0.1% | |
| 2019 | $1.41B | $1.02B | $390.00M | 1.11% | 1.19B | -1.2% | |
| 2018 | $3.52B | $853.00M | $2.67B | 3.56% | 1.20B | -1.5% | |
| 2017 | $1.01B | $733.00M | $273.00M | 1.14% | 1.22B | +0.2% | |
| 2016 | $995.00M | $438.00M | $557.00M | 2.09% | 1.22B | -0.9% | |
| 2015 | $0.00 | $346.00M | −$346.00M | — | 1.23B | +0.4% | |
| 2014 | $0.00 | $299.00M | −$299.00M | — | 1.22B | +3.0% | |
| 2013 | $0.00 | $253.00M | −$253.00M | — | 1.19B | 0.0% | |
| 2012 | $0.00 | $205.00M | −$205.00M | — | 1.19B | — |
- 2025$6.05B
- 2024$6.05B
- 2023$5.00B
- 2022$4.20B
- 2021$3.37B
- 2020$1.64B
- 2019$1.41B
- 2018$3.52B
- 2017$1.01B
- 2016$995.00M
- 2015$0.00
- 2014$0.00
- 2013$0.00
- 2012$0.00
Buybacks vs stock-based compensation for PayPal (PYPL)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 6.11×.
Buybacks vs dividends (share of cash returned) for PayPal (PYPL)
How PayPal splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as PayPal, ranked by their latest buyback spend.
| $34.59B | |
| $24.10B | |
| $19.52B | |
| $13.39B | |
| $12.36B | |
| $11.73B | |
| $5.83B | |
| $0.00 |
- $34.59B
- $24.10B
- $19.52B
- $13.39B
- $12.36B
- $11.73B
- $5.83B
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $5.25B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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