PayPal vs Visa
Visa is the larger business, with $40.00bn of revenue in fiscal 2025 against $33.17bn for PayPal (1.2 times as much). Visa grew faster (11.3% against 4.3%). Visa kept more of each dollar of sales as profit: a net margin of 50.1% against 15.8%.
| Latest fiscal year | PayPalPYPL, 2025 | VisaV, 2025 |
|---|---|---|
| Revenue | $33.17bn | $40.00bn |
| Revenue growth | 4.3% | 11.3% |
| Net income | $5.23bn | $20.06bn |
| Operating margin | 18.3% | — |
| Net margin | 15.8% | 50.1% |
| Return on equity | 25.7% | 52.1% |
| Free cash flow | $5.56bn | $21.58bn |
| Cash | $8.05bn | $17.16bn |
| Total debt | $11.58bn | $25.39bn |
| Debt to equity | 57.2% | — |
| Dividend per share | $0.14 | — |
| Dividend yield | 1.0% | 0.7% |
| Share buybacks | $6.05bn | $18.32bn |
| Employees | 23,800 | 26,000 |
| Market value | $48.91bn | $717.18bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 66 (Moderate) | 95 (Strong) |
| Insider trades, 12 months | 1 buys, 38 sales | 0 buys, 25 sales |