Mastercard Incorporated

Mastercard Incorporated

M4I.DE
Mastercard IncorporatedDE flagDeutsche Börse
408.10
EUR
+7.10
- -
360.59BMarket Cap
Mastercard Incorporated
M4I.DE
(Deutsche Börse)

Recent

price

408.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.23
5.25
5.91
0.69
8.1
8.52
9.81
11.71
14.36
16.6
15.27
19.11
22.97
26.59
30.45
36.23
37.77
Revenue per Share
1.41
1.49
2.21
0.26
3.1
3.36
3.7
3.67
5.63
7.98
6.4
8.79
10.26
11.86
13.92
16.54
17.33
Basic EPS, GAAP
1.18
1.96
2.28
0.33
2.77
3.46
4.03
5.03
5.66
7.63
6.87
9.17
11.11
12.3
15.47
18.96
19.79
Free Cash Flow per Basic Share
0.06
0.06
0.11
0.02
0.44
0.64
0.76
0.88
1
1.32
1.6
1.76
1.97
2.29
2.65
3.05
3.16
Dividend per Share
2.23
3.71
5.88
0.84
11.3
14.31
17.68
20.96
26.21
33.42
38.67
46.2
55.38
66.28
78.82
93.96
98.09
Book Value per Share
3.06
3.28
4.13
0.47
3.94
2.97
2.92
1.32
1.53
0.54
-0.2
-3.97
-5.17
-5.03
-8.79
-8.14
-9.23
Tangible Book Value per Share
1,310
1,280
1,250
12,110
1,165
1,134
1,098
1,067
1,041
1,017
1,002
988
968
944
925
905
899
Basic Weighted Avg Shares
5,539
6,714
7,391
8,312
9,441
9,667
10,776
12,497
14,950
16,883
15,301
18,884
22,237
25,098
28,167
32,791
33,939
Sales/Revenue/Turnover
49.74
51.68
53.9
55.34
53.77
52.31
54.86
53.96
56.01
57.43
53.35
54.16
57.21
58.29
57.96
59.51
59.45
Operating Margin (%)
148
194
230
258
321
366
373
437
459
522
580
726
750
799
897
1,143
1,167
Depreciation Expense
1,846
1,906
2,759
3,116
3,617
3,808
4,059
3,915
5,859
8,118
6,411
8,687
9,930
11,195
12,874
14,968
15,570
Net Income, GAAP
33.01
30.64
29.85
30.76
28.79
23.19
28.11
39.97
18.67
16.58
17.38
15.72
15.36
17.92
15.6
19.43
19.57
Effective Tax Rate (%)
33.33
28.39
37.33
37.49
38.31
39.39
37.67
31.33
39.19
48.08
41.9
46
44.66
44.61
45.71
45.65
45.88
Profit Margin (%)
3,311
3,524
4,451
4,918
4,775
4,715
6,022
5,004
4,578
4,998
7,266
3,787
2,435
2,697
504
796
-436
Working Capital
- -
- -
- -
- -
1,494
3,268
5,180
5,424
5,834
8,527
12,023
13,109
13,749
14,344
17,476
18,251
17,212
LT Debt
5,216
5,877
6,929
7,495
6,824
6,062
5,684
5,568
5,489
5,991
6,517
7,412
6,377
6,997
6,515
7,746
6,722
Total Equity
42.19
43.07
43.06
43.59
45.15
43.41
41.47
36.45
58.8
60.29
39.38
42
50.88
54.78
56.99
59.49
61.16
Return on Invested Capital (%)
91.61
50.14
45.78
35.73
29.41
22.53
18.7
15.26
19.51
21.76
14.28
16.28
16.22
15.98
15.84
15.93
16.04
Return on Capital (%)
90.87
49.77
45.61
35.66
31.06
25.91
22.78
18.74
23.6
26.5
17.63
20.59
20.01
19.27
19.01
18.95
19.03
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
749
1,748
LT Borrowings
18,983
18,251
17,212
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
900
894
887
Market Capitalization
516,568
522,200
445,772

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
23,223
23,558
22,498
Cash, Cash Equivalents & STI
10,648
10,898
8,219
Accounts Receivable, Net
4,247
4,609
4,720
Inventories
- -
- -
- -
Total Current Liabilities
20,693
22,762
22,934
Payables & Accruals
13,857
15,071
13,696
ST Debt
- -
749
1,748
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.97%
4.3%
18.89%
Free Cash Flow
16.57%
20.28%
19.94%
Net Income, GAAP
16.41%
18.76%
16.27%
Sales/Revenue/Turnover
13.33%
16.54%
16.42%
Total Cash Common Dividend
14.39%
11.44%
12.58%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,348
6,961
7,369
7,489
28,167
2025
7,250
8,133
8,602
8,806
32,791
2026
8,398
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.23
3.51
3.54
3.64
13.92
2025
3.6
4.08
- -
4.53
16.54
2026
4.36
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.66
0.66
0.66
0.66
2.65
2025
0.76
0.76
- -
0.76
3.05
2026
0.87
- -
- -
- -
- -
Business
Mastercard Incorporated (M4I.DE), a technology company in the payments industry, operates a global payments network that authorizes, clears and settles transactions for consumers, merchants, financial institutions, businesses and governments worldwide; it offers credit, debit and prepaid card programs under the Mastercard, Maestro and Cirrus brands, along with commercial payment solutions including travel and entertainment cards, procurement and fleet cards, and the Mastercard Smart Data platform for expense management; additional services encompass value-added offerings such as cyber and intelligence solutions, data analytics and insights derived from consumer and merchant data, loyalty programs, processing and payment gateway solutions for e-commerce, open banking platforms, digital identity verification, real-time payments infrastructure and automated clearing house transactions. Founded in 1966 and headquartered in Purchase, New York, the company serves markets across the Americas, Asia-Pacific, Europe, Middle East and Africa through its proprietary network and strategic partnerships. Recent developments include the September 2024 agreement to acquire threat intelligence firm Recorded Future for $2.65 billion to bolster cybersecurity capabilities, expected to close in the first quarter of 2025; a new five-year $8 billion unsecured revolving credit facility entered in November 2025 to enhance financial flexibility; expansion of collaborations in digital identity and cross-border payments, such as a minority investment in Smile ID and extension of the Corpay alliance to 22 new markets; and the mid-2025 rollout of biometric-enabled metal credit cards using the IDEX Pay platform, including the world's first commercially issued version launched by Eastern Bank PLC in Bangladesh in July 2025.