MA Mastercard Incorporated Common Stock

NYSE · Financial Services · View on SEC EDGAR ↗

$495.53

Price · May 20, 2026

Fundamentals as of Apr 30, 2026

MA Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price

$495.53

Market Cap

—

P/E (TTM)

34.6

EPS (TTM)

$16.52

Revenue (TTM)

$32.79B

Div Yield

—

ROE

210.5%

Debt/Equity

2.5

52W Range

$481 – $602

MA Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $32.79B

2016-12-31 → 2025-12-31

EPS $16.52

2016-12-31 → 2025-12-31

Free Cash Flow $17.16B

2016-12-31 → 2025-12-31

Margins 45.6%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric

5Y trend

Peer Median

P/E (TTM)

34.6

29.9

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric

5Y trend

Peer Median

Operating Margin

57.6%

—

Net Profit Margin

45.6%

15.9%

ROA

29.3%

4.8%

ROE

210.5%

16.0%

ROIC

56.9%

—

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric

5Y trend

Peer Median

Debt / Equity

2.5

120.2

Current Ratio

1.0

1.2

Quick Ratio

0.7

—

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric

5Y trend

Peer Median

Revenue YoY

16.4%

—

Revenue CAGR 3Y

13.8%

—

Revenue CAGR 5Y

16.5%

—

EPS YoY

18.9%

—

Net Income YoY

16.3%

—

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric

5Y trend

Peer Median

EPS (Diluted)

$16.52

—

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric

5Y trend

Peer Median

Payout Ratio

18.4%

—

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield

—

Payout Ratio

18.4%

5Y Div CAGR

—

Ex-date	Amount
April 9, 2026	$0.8700
Jan. 9, 2026	$0.8700
Oct. 9, 2025	$0.7600
July 9, 2025	$0.7600
April 9, 2025	$0.7600
Jan. 10, 2025	$0.7600
Oct. 9, 2024	$0.6600
July 9, 2024	$0.6600
April 8, 2024	$0.6600
Jan. 8, 2024	$0.6600
Oct. 5, 2023	$0.5700
July 6, 2023	$0.5700
April 5, 2023	$0.5700
Jan. 6, 2023	$0.5700
Oct. 6, 2022	$0.4900
July 7, 2022	$0.4900
April 7, 2022	$0.4900
Jan. 6, 2022	$0.4900
Oct. 7, 2021	$0.4400
July 8, 2021	$0.4400

MA Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 50 analysts

Strong Buy 13 26.0%
Buy 32 64.0%
Hold 5 10.0%
Sell 0 0.0%
Strong Sell 0 0.0%

12-Month Price Target

36 analysts · 2026-05-16

Median $662.50

Mean $646.97

← Below all targets $495.53

Low $550.00

High $735.00

Median target $662.50 +33.7%

Mean target $646.97 +30.6%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise

0.09%

Period	EPS Actual	EPS Est	Surprise
March 31, 2026	$4.60	$4.53	0.07%
Dec. 31, 2025	$4.76	$4.38	0.38%
Sept. 30, 2025	$4.38	$4.45	-0.07%
June 30, 2025	$4.15	$4.15	0.00%
March 31, 2025	$3.73	$3.68	0.05%

Peer Comparison Key metrics vs sector peers

Ticker	Market Cap	P/E	Rev YoY	Net Margin	ROE	Gross Margin
MA	—	34.6	16.4%	45.6%	210.5%	—
V	—	—	11.3%	50.1%	52.8%	—
XYZ	$39.19B	31.0	0.30%	5.4%	6.0%	42.8%
PYPL	$53.71B	10.8	4.3%	15.8%	25.9%	—
FISV	$52.66B	10.6	3.6%	16.4%	13.2%	—
CPAY	$20.57B	20.0	13.9%	23.6%	30.5%	—
AFRM	$22.48B	460.9	38.8%	1.6%	1.8%	—
FIS	$42.27B	91.0	5.4%	3.6%	2.6%	36.9%
GPN	$18.32B	13.4	-0.39%	18.2%	6.2%	—
TOST	$20.92B	63.4	24.1%	5.6%	17.3%	25.9%
JKHY	$18.81B	28.9	7.2%	19.2%	22.2%	—

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 14

Annual Income Statement data for MA
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2018	2017	2016	2015
Revenue	$32.79B	$28.17B	$25.10B	$22.24B	$18.88B	$15.30B	$16.88B	$14.95B	·	$12.50B	$10.78B	$9.67B
SG&A Expense	$11.32B	$10.19B	$8.93B	$8.08B	$7.09B	$5.91B	$5.76B	$5.17B	·	$4.65B	$3.83B	$3.34B
Operating Expenses	$13.89B	$12.59B	$11.09B	$9.97B	$8.80B	$7.22B	$7.22B	$7.67B	·	$5.88B	$5.01B	$4.59B
Operating Income	$18.90B	$15.58B	$14.01B	$12.26B	$10.08B	$8.08B	$9.66B	$7.28B	·	$6.62B	$5.76B	$5.08B
Interest Expense	·	·	$575M	$471M	$431M	$380M	$224M	$186M	·	$154M	$95M	$61M
Other Non-op	$166M	$20M	$-7M	$23M	$0	$5M	$27M	$-14M	·	$-2M	$-63M	$-84M
Pretax Income	$18.58B	$15.25B	$13.64B	$11.73B	$10.31B	$7.76B	$9.73B	$7.20B	·	$6.52B	$5.65B	$4.96B
Income Tax	$3.61B	$2.38B	$2.44B	$1.80B	$1.62B	$1.35B	$1.61B	$1.34B	·	$2.61B	$1.59B	$1.15B
Net Income	$14.97B	$12.87B	$11.20B	$9.93B	$8.69B	$6.41B	$8.12B	$5.86B	·	$3.92B	$4.06B	$3.81B
EPS (Basic)	$16.54	$13.91	$11.86	$10.26	$8.79	$6.40	$7.98	$5.63	·	$3.67	$3.70	$3.36
EPS (Diluted)	$16.52	$13.89	$11.83	$10.22	$8.76	$6.37	$7.94	$5.60	·	$3.65	$3.69	$3.35
Shares (Basic)	905,000,000	925,000,000	944,000,000	968,000,000	988,000,000	1,002,000,000	1,017,000,000	1,041,000,000	·	1,067,000,000	1,098,000,000	1,134,000,000
Shares (Diluted)	906,000,000	927,000,000	946,000,000	971,000,000	992,000,000	1,006,000,000	1,022,000,000	1,047,000,000	·	1,072,000,000	1,101,000,000	1,137,000,000
EBITDA	$20.04B	$16.48B	$14.81B	$13.01B	$10.81B	$8.66B	$10.19B	$7.74B	·	$7.06B	$5.76B	$5.08B

Balance Sheet 27

Annual Balance Sheet data for MA
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2018	2017	2016	2015
Cash & Equivalents	$10.57B	$8.44B	$8.59B	$7.01B	$7.42B	$10.11B	$6.99B	$6.68B	·	$5.93B	$6.72B	$5.75B
Receivables	$4.61B	$3.77B	$4.06B	$3.42B	$3.01B	$2.65B	$2.51B	$2.28B	$2.01B	$1.97B	$1.42B	$1.08B
Prepaid Expense	$3.74B	$2.99B	$2.61B	$2.35B	$2.27B	$1.88B	$1.76B	$1.43B	$1.20B	$1.04B	$850M	$663M
Other Current Assets	$1.21B	$1.14B	$1.04B	$954M	$853M	$719M	$786M	$603M	·	$499M	$253M	$246M
Current Assets	$23.56B	$19.72B	$18.96B	$16.61B	$16.95B	$19.11B	$16.90B	$16.17B	·	$13.80B	$13.23B	$10.98B
PP&E (Net)	$2.30B	$2.14B	$2.06B	$2.01B	$1.91B	$1.90B	$1.83B	$921M	·	$829M	$733M	$675M
PP&E (Gross)	$5.06B	$4.53B	$4.30B	$3.91B	$3.52B	$3.29B	$2.93B	$1.77B	·	$1.54B	$1.34B	$1.17B
Accum. Depreciation	$2.76B	$2.39B	$2.24B	$1.90B	$1.61B	$1.39B	$1.10B	$847M	·	$714M	$603M	$491M
Goodwill	$9.56B	$9.19B	$7.66B	$7.52B	$7.66B	$4.96B	$4.02B	$2.90B	·	$3.04B	$1.76B	$1.89B
Intangibles	$5.55B	$5.45B	$4.09B	$3.86B	$3.67B	$1.75B	$1.42B	$991M	·	$1.12B	$722M	$803M
Other Non-current Assets	$11.62B	$9.96B	$8.32B	$7.58B	$6.99B	$5.37B	$4.53B	$3.30B	$2.64B	$2.30B	$1.93B	$1.58B
Total Assets	$54.16B	$48.08B	$42.45B	$38.72B	$37.67B	$33.58B	$29.24B	$24.86B	·	$21.33B	$18.68B	$16.25B
Accounts Payable	$999M	$929M	$834M	$926M	$738M	$527M	$489M	$537M	$438M	$933M	$609M	$472M
Accrued Liabilities	$13.27B	$10.39B	$8.52B	$7.80B	$6.64B	$5.43B	$5.49B	$4.75B	$4.32B	$3.93B	$3.32B	$2.76B
Current Liabilities	$22.76B	$19.22B	$16.26B	$14.17B	$13.16B	$11.85B	$11.90B	$11.59B	·	$8.79B	$7.21B	$6.27B
Capital Leases	$676M	$627M	$633M	$630M	$645M	$726M	$656M	·	·	·	·	·
Deferred Tax	$307M	$317M	$369M	$393M	$395M	$86M	$85M	$67M	·	$106M	$81M	$79M
Other Non-current Liabilities	$5.09B	$4.55B	$4.47B	$4.03B	$3.59B	$3.11B	$2.73B	$1.88B	$2.07B	$1.44B	$524M	$572M
Total Liabilities	$46.41B	$41.57B	$35.45B	$32.35B	$30.26B	$27.07B	$23.25B	$19.37B	·	$15.76B	$12.99B	$10.19B
Long-term Debt	$19.00B	$18.23B	$15.68B	$14.02B	$13.90B	$12.67B	$8.53B	$6.33B	·	$5.42B	·	·
Total Debt	$19.00B	$18.23B	$15.68B	$14.02B	$13.90B	$12.67B	$8.53B	·	·	·	$5.18B	·
Paid-in Capital	$6.91B	$6.44B	$5.89B	$5.30B	$5.06B	$4.98B	$4.79B	$4.58B	·	$4.37B	$4.18B	$4.00B
Retained Earnings	$85.03B	$72.91B	$62.56B	$53.61B	$45.65B	$38.75B	$33.98B	$27.28B	$22.55B	$22.36B	$19.42B	$16.22B
Treasury Stock	$83.22B	$71.43B	$60.43B	$51.35B	$42.59B	$36.66B	$32.20B	$25.75B	·	$20.76B	$17.02B	$13.52B
AOCI	$-981M	$-1.43B	$-1.10B	$-1.25B	$-809M	$-680M	$-673M	$-718M	·	$-497M	$-924M	$-676M
Stockholders' Equity	$7.74B	$6.49B	$6.93B	$6.30B	$7.31B	$6.39B	$5.89B	$5.39B	·	$5.47B	$5.66B	$6.03B
Liabilities + Equity	$54.16B	$48.08B	$42.45B	$38.72B	$37.67B	$33.58B	$29.24B	$24.86B	·	$21.33B	$18.68B	$16.25B

Cash Flow 16

Annual Cash Flow data for MA
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2018	2017	2016	2015
D&A	$1.14B	$897M	$799M	$750M	$726M	$580M	$522M	$459M	·	$437M	$373M	$366M
Stock-based Comp	$597M	$526M	$460M	$295M	$273M	$254M	$250M	$196M	·	$176M	$149M	$122M
Deferred Tax	$57M	$-527M	$-236M	$-651M	$-69M	$73M	$-7M	$-244M	·	$86M	$-20M	$-16M
Amort. of Intangibles	$760M	$523M	$457M	$414M	$424M	$303M	$285M	$250M	·	$252M	$221M	$235M
Other Non-cash	$883M	$1.01B	$-238M	$871M	$-154M	$-94M	$-700M	$-47M	·	$941M	·	·
Operating Cash Flow	$17.65B	$14.78B	$11.98B	$11.20B	$9.46B	$7.22B	$8.18B	$6.22B	·	$5.66B	$4.64B	$4.10B
CapEx	$489M	$474M	$371M	$442M	$407M	$339M	$422M	$330M	·	$300M	$215M	$177M
Investing Cash Flow	$-1.36B	$-3.40B	$-1.35B	$-1.47B	$-5.27B	$-1.88B	$-1.64B	$-506M	·	$-1.78B	$-1.16B	$-715M
Stock Repurchased	$11.73B	$10.95B	$9.03B	$8.75B	$5.90B	$4.47B	$6.50B	$4.93B	·	$3.76B	$3.51B	$3.52B
Net Stock Activity	$-11.73B	$-11.04B	$-9.03B	$-8.75B	$-5.90B	$-4.47B	$-6.50B	$-4.93B	·	$-3.76B	$-3.51B	$-3.52B
Dividends Paid	$2.76B	$2.45B	$2.16B	$1.90B	$1.74B	$1.60B	$1.34B	$1.04B	·	$942M	$837M	$727M
Financing Cash Flow	$-14.18B	$-10.84B	$-9.49B	$-10.33B	$-6.55B	$-2.15B	$-5.87B	$-4.97B	·	$-4.76B	$-2.34B	$-2.52B
Net Change in Cash	$2.44B	$343M	$1.27B	$-706M	$-2.52B	$3.45B	$632M	$745M	·	$-681M	$1.08B	$610M
Taxes Paid	$3.02B	$3.25B	$2.75B	·	·	·	·	·	·	·	·	·
Free Cash Flow	$17.16B	$14.31B	$11.61B	$10.75B	$9.06B	$6.88B	$7.76B	$5.89B	·	$5.25B	$4.27B	$3.87B
Levered FCF	·	·	$11.14B	$10.35B	$8.69B	$6.57B	$7.57B	$5.74B	·	$5.16B	$4.20B	$3.82B

Profitability 7

Annual Profitability data for MA
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2018	2017	2016	2015
Operating Margin	57.6%	55.3%	55.8%	55.1%	53.4%	52.8%	57.2%	48.7%	·	53.0%	53.5%	52.5%
Net Margin	45.6%	45.7%	44.6%	44.7%	46.0%	41.9%	48.1%	39.2%	·	31.3%	37.7%	39.4%
Pretax Margin	56.7%	54.2%	54.3%	52.8%	54.6%	50.7%	57.6%	48.2%	·	52.2%	52.4%	51.3%
EBITDA Margin	61.1%	58.5%	59.0%	58.5%	57.2%	56.6%	60.3%	51.8%	·	56.5%	53.5%	52.5%
ROA	29.3%	28.4%	27.6%	26.0%	24.4%	20.4%	30.0%	·	·	·	23.2%	·
ROE	210.5%	191.9%	169.3%	145.9%	126.8%	104.4%	143.8%	·	·	·	69.5%	·
ROIC	56.9%	53.2%	50.8%	51.1%	40.1%	35.0%	55.9%	·	·	·	38.2%	·

Liquidity & Solvency 5

Annual Liquidity & Solvency data for MA
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2018	2017	2016	2015
Current Ratio	1.0	1.0	1.2	1.2	1.3	1.6	1.4	·	·	·	1.8	·
Quick Ratio	0.7	0.6	0.8	0.7	0.8	1.1	0.8	·	·	·	1.1	·
Debt / Equity	2.5	2.8	2.3	2.2	1.9	2.0	1.4	·	·	·	0.9	·
LT Debt / Equity	2.4	2.7	2.1	2.2	1.8	1.9	1.4	·	·	·	0.9	·
Interest Coverage	·	·	24.4	26.0	23.4	21.3	43.1	39.2	·	43.0	60.6	83.2

Efficiency 2

Annual Efficiency data for MA
Metric	Trend	2025	2024	2023	2022	2021	2020	2019	2018	2018	2017	2016	2015
Asset Turnover		0.6	0.6	0.6	0.6	0.5	0.5	0.6	·	·	·	0.6	·
Receivables Turnover		7.8	7.2	6.7	6.9	6.7	5.9	7.0	·	·	·	8.6	·

Per Share 4

Annual Per Share data for MA
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2018	2017	2016	2015
Revenue / Share	$36.19	$30.39	$26.53	$22.90	$19.04	$15.21	$16.52	$14.28	·	$11.66	$9.79	$8.50
Cash Flow / Share	$19.48	$15.94	$12.66	$11.53	$9.54	$7.18	$8.01	$5.94	·	$5.18	$4.07	$3.56
Dividend / Share	$3	$3	$2	$2	$2	$2	$1	$1	·	$1	$1	$1
EPS (TTM)	$16.52	$13.89	$11.83	$10.22	$8.76	$6.37	$7.94	$5.60	·	$3.65	$3.69	$3.35

Growth Rates 10

Annual Growth Rates data for MA
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2018	2017	2016	2015
Revenue YoY	16.4%	12.2%	12.9%	17.8%	23.4%	·	·	·	·	·	·	·
Revenue CAGR 3Y	13.8%	14.3%	17.9%	·	·	·	·	·	·	·	·	·
Revenue CAGR 5Y	16.5%	·	·	·	·	·	·	·	·	·	·	·
EPS YoY	18.9%	17.4%	15.8%	16.7%	37.5%	·	·	·	·	·	·	·
EPS CAGR 3Y	17.4%	16.6%	22.9%	·	·	·	·	·	·	·	·	·
EPS CAGR 5Y	21.0%	·	·	·	·	·	·	·	·	·	·	·
Net Income YoY	16.3%	15.0%	12.7%	14.3%	35.5%	·	·	·	·	·	·	·
Net Income CAGR 3Y	14.7%	14.0%	20.4%	·	·	·	·	·	·	·	·	·
Net Income CAGR 5Y	18.5%	·	·	·	·	·	·	·	·	·	·	·
Dividend CAGR 5Y	11.4%	·	·	·	·	·	·	·	·	·	·	·

Valuation (TTM) 6

Annual Valuation (TTM) data for MA
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2018	2017	2016	2015
Revenue TTM	$32.79B	$28.17B	$25.10B	$22.24B	$18.88B	$15.30B	$16.88B	$14.95B	·	$12.50B	$10.78B	$9.67B
Net Income TTM	$14.97B	$12.87B	$11.20B	$9.93B	$8.69B	$6.41B	$8.12B	$5.86B	·	$3.92B	$4.06B	$3.81B
P/E	34.6	37.9	36.1	34.0	41.0	56.0	37.6	33.7	·	41.5	28.0	29.1
Earnings Yield	2.9%	2.6%	2.8%	2.9%	2.4%	1.8%	2.7%	3.0%	·	2.4%	3.6%	3.4%
Payout Ratio	18.4%	19.0%	19.3%	19.2%	20.0%	25.0%	16.6%	17.8%	·	24.1%	20.6%	19.1%
Annual Payout	$2.76B	$2.45B	$2.16B	$1.90B	$1.74B	$1.60B	$1.34B	$1.04B	·	$942M	$837M	$727M

Income Statement 14

Quarterly Income Statement data for MA
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Revenue	$8.40B	$8.81B	$8.60B	$8.13B	$7.25B	$7.49B	$7.37B	$6.96B	$6.35B	$6.55B	$6.53B	$6.27B	$5.75B	$5.82B	$5.76B	$5.50B
SG&A Expense	$3.04B	$3.11B	$2.92B	$2.77B	$2.52B	$2.75B	$2.74B	$2.42B	$2.29B	$2.40B	$2.29B	$2.20B	$2.04B	$2.22B	$2.07B	$1.95B
Operating Expenses	$3.49B	$3.90B	$3.54B	$3.36B	$3.10B	$3.55B	$3.37B	$2.92B	$2.74B	$3.18B	$2.69B	$2.61B	$2.61B	$2.63B	$2.64B	$2.48B
Operating Income	$4.91B	$4.91B	$5.06B	$4.78B	$4.15B	$3.94B	$4.00B	$4.04B	$3.60B	$3.37B	$3.84B	$3.66B	$3.14B	$3.18B	$3.11B	$3.02B
Interest Expense	·	·	·	·	·	·	$159M	$153M	$150M	·	$151M	$144M	$132M	·	$120M	$114M
Other Non-op	$75M	$143M	$2M	$16M	$5M	$1M	$7M	$9M	$3M	$-26M	$3M	$10M	$6M	$11M	$4M	$4M
Pretax Income	$4.81B	$4.88B	$5.00B	$4.67B	$4.03B	$3.89B	$3.87B	$3.94B	$3.56B	$3.32B	$3.76B	$3.70B	$2.85B	$3.09B	$3.07B	$2.80B
Income Tax	$930M	$816M	$1.07B	$971M	$751M	$549M	$603M	$681M	$547M	$530M	$563M	$859M	$492M	$564M	$573M	$523M
Net Income	$3.88B	$4.06B	$3.93B	$3.70B	$3.28B	$3.34B	$3.26B	$3.26B	$3.01B	$2.79B	$3.20B	$2.85B	$2.36B	$2.52B	$2.50B	$2.27B
EPS (Basic)	$4.35	$4.51	$4.35	$4.08	$3.60	$3.63	$3.54	$3.51	$3.23	$2.97	$3.40	$3.01	$2.48	$2.64	$2.59	$2.34
EPS (Diluted)	$4.35	$4.52	$4.34	$4.07	$3.59	$3.64	$3.53	$3.50	$3.22	$2.97	$3.39	$3.00	$2.47	$2.62	$2.58	$2.34
Shares (Basic)	891,000,000	-1,818,000,000	903,000,000	908,000,000	912,000,000	-1,860,000,000	923,000,000	929,000,000	933,000,000	-1,896,000,000	941,000,000	946,000,000	953,000,000	-1,945,000,000	965,000,000	971,000,000
Shares (Diluted)	893,000,000	-1,822,000,000	905,000,000	909,000,000	914,000,000	-1,863,000,000	925,000,000	930,000,000	935,000,000	-1,902,000,000	943,000,000	949,000,000	956,000,000	-1,952,000,000	968,000,000	974,000,000
EBITDA	$5.21B	·	$5.06B	$4.78B	$4.42B	·	$4.00B	$4.04B	$3.82B	·	$3.84B	$3.66B	$3.33B	·	$3.11B	$3.02B

Balance Sheet 27

Quarterly Balance Sheet data for MA
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Cash & Equivalents	$7.91B	$10.57B	$10.31B	$9.03B	$7.58B	$8.44B	$11.06B	$7.00B	$7.29B	·	$6.89B	$6.17B	$6.57B	·	$7.63B	$5.92B
Receivables	$4.72B	$4.61B	$4.25B	$4.18B	$3.96B	$3.77B	$4.01B	$4.20B	$4.23B	·	$3.92B	$3.76B	$3.51B	·	$3.17B	$3.17B
Prepaid Expense	$4.64B	$3.74B	$3.95B	$3.63B	$3.42B	$2.99B	$3.04B	$2.94B	$3.03B	·	$2.62B	$2.55B	$2.50B	·	$2.48B	$2.41B
Other Current Assets	$1.45B	$1.21B	$1.58B	$1.55B	$1.47B	$1.14B	$1.29B	$1.28B	$1.40B	·	$1.07B	$1.02B	$1.03B	·	$1.07B	$973M
Current Assets	$22.50B	$23.56B	$23.22B	$22.14B	$19.80B	$19.72B	$22.30B	$17.78B	$18.42B	·	$16.98B	$16.53B	$16.42B	·	$16.82B	$15.21B
PP&E (Net)	$2.35B	$2.30B	$2.30B	$2.23B	$2.17B	$2.14B	$2.18B	$2.15B	$2.08B	$2.06B	$1.97B	$1.99B	$2.01B	$2.01B	$1.95B	$1.95B
PP&E (Gross)	·	$5.06B	·	·	·	$4.53B	·	·	·	·	·	·	·	·	·	·
Accum. Depreciation	$2.82B	$2.76B	$2.66B	$2.62B	$2.50B	$2.39B	$2.44B	$2.37B	$2.30B	·	$2.14B	$2.08B	$2.00B	·	$1.79B	$1.74B
Goodwill	$9.53B	$9.56B	$9.57B	$9.60B	$9.35B	$9.19B	$7.72B	$7.56B	$7.54B	$7.66B	$7.49B	$7.58B	$7.58B	$7.52B	$7.18B	$7.52B
Intangibles	$5.50B	$5.55B	$5.59B	$5.63B	$5.53B	$5.45B	$4.24B	$4.15B	$4.12B	·	$4.02B	$4.05B	$4.03B	·	$3.58B	$3.68B
Other Non-current Assets	$11.19B	$11.62B	$11.06B	$10.27B	$10.04B	$9.96B	$9.19B	$9.27B	$9.10B	·	$7.84B	$7.74B	$7.64B	·	$7.01B	$6.96B
Total Assets	$52.45B	$54.16B	$53.29B	$51.43B	$48.47B	$48.08B	$47.24B	$42.33B	$42.60B	·	$39.67B	$39.00B	$38.94B	·	$37.61B	$36.23B
Accounts Payable	$1.03B	$999M	$935M	$818M	$993M	$929M	$911M	$835M	$790M	·	$589M	$643M	$735M	·	$615M	$633M
Accrued Liabilities	$12.33B	$13.27B	$11.98B	$10.12B	$9.26B	$10.39B	$9.11B	$8.01B	$8.06B	·	$7.78B	$7.12B	$7.31B	·	$6.89B	$6.11B
Current Liabilities	$22.93B	$22.76B	$20.69B	$19.03B	$17.83B	$19.22B	$17.29B	$15.59B	$16.91B	·	$14.52B	$14.64B	$13.65B	·	$13.48B	$12.09B
Capital Leases	·	$676M	·	·	·	$627M	·	·	·	·	·	·	·	·	·	·
Deferred Tax	$331M	$307M	$326M	$361M	$315M	$317M	$349M	$337M	$345M	·	$385M	$395M	$389M	·	$346M	$371M
Other Non-current Liabilities	$5.25B	$5.09B	$5.37B	$5.20B	$4.83B	$4.55B	$4.49B	$4.40B	$4.50B	·	$4.16B	$4.11B	$4.20B	·	$3.77B	$3.77B
Total Liabilities	$45.73B	$46.41B	$45.37B	$43.56B	$41.77B	$41.57B	$39.74B	$34.85B	$35.29B	·	$33.29B	$33.42B	$33.53B	·	$31.17B	$29.97B
Long-term Debt	$18.96B	$19.00B	$18.98B	$18.97B	$18.80B	$18.23B	$18.36B	$15.61B	$15.63B	·	$15.57B	$15.62B	$15.57B	·	$14.53B	$14.48B
Total Debt	$18.96B	·	$18.98B	$18.97B	$18.80B	·	$18.36B	$15.61B	$15.63B	·	$15.57B	$15.62B	$15.57B	·	$14.53B	$14.48B
Paid-in Capital	$6.84B	$6.91B	$6.76B	$6.56B	$6.33B	$6.44B	$6.29B	$6.09B	$5.92B	·	$5.79B	$5.62B	$5.38B	·	$5.27B	$5.16B
Retained Earnings	$88.15B	$85.03B	$81.75B	$78.51B	$75.50B	$72.91B	$70.26B	$67.60B	$64.96B	·	$60.39B	$57.73B	$55.42B	·	$51.62B	$49.60B
Treasury Stock	$87.34B	$83.22B	$79.67B	$76.30B	$74.00B	$71.43B	$68.03B	$65.07B	$62.43B	·	$58.57B	$56.66B	$54.24B	·	$48.92B	$47.36B
AOCI	$-928M	$-981M	$-935M	$-919M	$-1.16B	$-1.43B	$-1.07B	$-1.21B	$-1.20B	·	$-1.30B	$-1.19B	$-1.23B	·	$-1.62B	$-1.23B
Stockholders' Equity	$6.72B	$7.74B	$7.90B	$7.85B	$6.67B	$6.49B	$7.44B	$7.42B	$7.24B	·	$6.31B	$5.50B	$5.33B	·	$6.36B	$6.17B
Liabilities + Equity	$52.45B	$54.16B	$53.29B	$51.43B	$48.47B	$48.08B	$47.24B	$42.33B	$42.60B	·	$39.67B	$39.00B	$38.94B	·	$37.61B	$36.23B

Cash Flow 14

Quarterly Cash Flow data for MA
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
D&A	$299M	$297M	$290M	$281M	$275M	$231M	$225M	$225M	$216M	$205M	$211M	$192M	$191M	$184M	$185M	$189M
Stock-based Comp	$136M	$112M	$177M	$179M	$129M	$108M	$155M	$155M	$108M	$86M	$131M	$135M	$108M	$22M	$98M	$101M
Deferred Tax	$193M	$-20M	$-4M	$44M	$37M	$-266M	$-168M	$-96M	$3M	$3M	$-263M	$153M	$-129M	$-62M	$-123M	$-146M
Other Non-cash	$-1.51B	·	·	·	$-1.34B	·	·	·	$-1.67B	·	·	·	$-612M	·	·	·
Operating Cash Flow	$3.00B	$5.00B	$5.66B	$4.60B	$2.38B	$4.83B	$5.14B	$3.14B	$1.67B	$4.13B	$3.23B	$2.70B	$1.92B	$3.10B	$3.86B	$2.46B
CapEx	$154M	$112M	$178M	$40M	$159M	$95M	$107M	$115M	$157M	$77M	$104M	$80M	$110M	$130M	$111M	$55M
Investing Cash Flow	$-362M	$-421M	$-374M	$-227M	$-340M	$-2.68B	$-256M	$-294M	$-174M	$-214M	$-522M	$-218M	$-397M	$-350M	$-308M	$-525M
Stock Repurchased	$4.04B	$3.56B	$3.33B	$2.29B	$2.55B	$3.39B	$2.93B	$2.64B	$1.99B	$1.83B	$1.91B	$2.42B	$2.88B	$2.41B	$1.55B	$2.38B
Net Stock Activity	$-4.04B	·	·	·	$-2.55B	·	·	·	$-1.99B	·	·	·	$-2.88B	·	·	·
Dividends Paid	$777M	$684M	$687M	$691M	$694M	$606M	$611M	$615M	$616M	$534M	$538M	$541M	$545M	$473M	$474M	$477M
Financing Cash Flow	$-5.00B	$-4.19B	$-4.00B	$-3.01B	$-2.99B	$-4.04B	$-857M	$-3.26B	$-2.68B	$-2.35B	$-2.40B	$-2.78B	$-1.96B	$-3.61B	$-1.74B	$-2.82B
Net Change in Cash	$-2.48B	$403M	$1.27B	$1.59B	$-826M	$-2.16B	$4.17B	$-385M	$-1.28B	$1.72B	$221M	$-279M	$-396M	$-580M	$1.62B	$-1.06B
Free Cash Flow	$2.85B	·	·	·	$2.22B	·	·	·	$1.51B	·	·	·	$1.81B	·	·	·
Levered FCF	·	·	·	·	·	·	·	·	$1.39B	·	·	·	$1.70B	·	·	·

Profitability 7

Quarterly Profitability data for MA
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Operating Margin	58.4%	·	58.8%	58.7%	57.2%	·	54.3%	58.0%	56.8%	·	58.8%	58.3%	54.6%	·	54.1%	54.9%
Net Margin	46.2%	·	45.6%	45.5%	45.2%	·	44.3%	46.8%	47.4%	·	48.9%	45.4%	41.1%	·	43.4%	41.4%
Pretax Margin	57.3%	·	58.1%	57.4%	55.6%	·	52.5%	56.6%	56.0%	·	57.6%	59.1%	49.6%	·	53.4%	50.9%
EBITDA Margin	62.0%	·	58.8%	58.7%	61.0%	·	54.3%	58.0%	60.2%	·	58.8%	58.3%	57.9%	·	54.1%	54.9%
ROA	7.7%	·	7.8%	7.9%	7.2%	·	7.5%	8.0%	7.4%	·	8.3%	7.6%	6.2%	·	6.8%	6.4%
ROE	58.0%	·	51.2%	48.5%	47.1%	·	47.5%	50.4%	47.9%	·	50.5%	48.7%	38.2%	·	38.3%	36.1%
ROIC	15.4%	·	14.8%	14.1%	13.2%	·	13.1%	14.5%	13.3%	·	14.9%	13.3%	12.4%	·	12.1%	11.9%

Liquidity & Solvency 5

Quarterly Liquidity & Solvency data for MA
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Current Ratio	1.0	·	1.1	1.2	1.1	·	1.3	1.1	1.1	·	1.2	1.1	1.2	·	1.2	1.3
Quick Ratio	0.6	·	0.7	0.7	0.6	·	0.9	0.7	0.7	·	0.7	0.7	0.7	·	0.8	0.8
Debt / Equity	2.8	·	2.4	2.4	2.8	·	2.5	2.1	2.2	·	2.5	2.8	2.9	·	2.3	2.3
LT Debt / Equity	2.6	·	2.4	2.4	2.8	·	2.4	2.0	1.9	·	2.3	2.6	2.9	·	2.1	2.2
Interest Coverage	·	·	·	·	·	·	25.2	26.4	24.0	·	25.5	25.4	23.8	·	25.9	26.5

Efficiency 2

Quarterly Efficiency data for MA
Metric	Trend	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Asset Turnover		0.2	·	0.2	0.2	0.2	·	0.2	0.2	0.2	·	0.2	0.2	0.2	·	0.2	0.2
Receivables Turnover		1.9	·	2.1	1.9	1.8	·	1.9	1.7	1.6	·	1.8	1.8	1.8	·	1.9	1.8

Per Share 4

Quarterly Per Share data for MA
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Revenue / Share	$9.40	·	$9.51	$8.95	$7.93	·	$7.97	$7.48	$6.79	·	$6.93	$6.61	$6.01	·	$5.95	$5.64
Cash Flow / Share	$3.36	·	·	·	$2.60	·	·	·	$1.79	·	·	·	$2.01	·	·	·
Dividend / Share	$1	$1	$1	$1	$1	$1	$1	$1	$1	$1	$1	$1	$1	$1	$0	$0
EPS (TTM)	$16.35	·	$15.53	$14.69	$13.84	·	$13.64	$13.11	$12.08	·	$11.44	$10.39	$10.07	·	$10.04	$9.54

Valuation (TTM) 5

Quarterly Valuation (TTM) data for MA
Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Revenue TTM	$32.38B	·	$31.35B	$29.71B	$27.93B	·	$27.21B	$26.11B	$24.90B	·	$24.31B	$23.27B	$22.17B	·	$21.41B	$20.18B
Net Income TTM	$14.79B	·	$14.17B	$13.50B	$12.81B	·	$12.73B	$12.31B	$11.41B	·	$10.90B	$9.98B	$9.77B	·	$9.82B	$9.39B
P/E	30.6	·	36.6	38.3	39.6	·	36.2	33.7	39.9	·	34.6	37.9	36.1	·	28.3	33.1
Earnings Yield	3.3%	·	2.7%	2.6%	2.5%	·	2.8%	3.0%	2.5%	·	2.9%	2.6%	2.8%	·	3.5%	3.0%
Payout Ratio	20.0%	·	·	·	21.2%	·	·	·	20.5%	·	·	·	23.1%	·	·	·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement

	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	$32.79B	$28.17B	$25.10B	$22.24B	$18.88B
Operating Margin %	57.6%	55.3%	55.8%	55.1%	53.4%
Net Income	$14.97B	$12.87B	$11.20B	$9.93B	$8.69B
Diluted EPS	$16.52	$13.89	$11.83	$10.22	$8.76

Balance Sheet

	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Debt / Equity	2.5	2.8	2.3	2.2	1.9
Current Ratio	1.0	1.0	1.2	1.2	1.3
Quick Ratio	0.7	0.6	0.8	0.7	0.8

Cash Flow

	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Free Cash Flow	$17.16B	$14.31B	$11.61B	$10.75B	$9.06B

Latest News Recent headlines mentioning this company

Greg Abel Just Sold Berkshire Hathaway's Stake in Visa and Mastercard and Initiated a New Position in a Stock That Warren Buffett Sold 6 Years Ago Nasdaq · 23 hours, 44 minutes ago
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Mastercard Incorporated Reveals Increase In Q1 Profit Nasdaq · 2 weeks, 6 days ago
Mastercard (MA): Among the Best Fintech Stocks to Invest In Yahoo Finance · 3 weeks, 2 days ago
ECB Picks Open European Standards for Digital Euro, Sidelining Visa and Mastercard Yahoo Finance · 3 weeks, 3 days ago
Citi Remains a Buy on Mastercard (MA) Despite Macroeconomic Uncertainty Yahoo Finance · 3 weeks, 3 days ago
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Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

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