Finances
The fiscal year for Paypal is from January 1st to December 31st. For fiscal year 2019, Paypal reported earnings of US$2.459 billion, with an annual revenue of $17.772 billion, an increase of 15% over the previous fiscal cycle. PayPal's shares traded at over $108 per share, and its market capitalization was valued at over $127.58 billion in December 2019.
Year | Revenue in mil. $ |
Net income in mil. $ |
Total Assets in mil. $ |
Price per Share in $ |
Employees |
---|---|---|---|---|---|
2012 | 5,662 | 778 | |||
2013 | 6,727 | 955 | 19,160 | ||
2014 | 8,025 | 419 | 21,917 | ||
2015 | 9,248 | 1,228 | 28,881 | 36.20 | 16,800 |
2016 | 10,842 | 1,401 | 33,103 | 39.47 | 18,100 |
2017 | 13,094 | 1,795 | 40,774 | 73.62 | 18,700 |
2018 | 15,451 | 2,057 | 43,332 | 84.09 | 21,800 |
2019 | 17,772 | 2,459 | 51,333 | 108.17 | 23,200 |
The Covid-19 pandemic has accelerated the growth of digital payment platforms, including PayPal, at the expense of the traditional banking sector. As a result, Paypal has seen an increase in its stock to up to 78% in 2020 as of October. In addition, total payment volume has increased 29% amounting to $220 billion increasing positive investor sentiment.
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