Mastercard Incorporated

Mastercard Incorporated

MA.TO
Mastercard IncorporatedCA flagToronto Stock Exchange
34.08
CAD
+0.35
- -
29.63BMarket Cap
Mastercard Incorporated
MA.TO
(Toronto Stock Exchange)

Recent

price

34.08

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
0.19
0.24
0.27
0.03
0.37
0.39
0.45
0.54
0.66
0.76
0.7
0.88
1.06
1.22
1.4
1.67
1.81
Revenue per Share
0.06
0.07
0.1
0.01
0.14
0.15
0.17
0.17
0.26
0.37
0.29
0.4
0.47
0.55
0.64
0.76
0.84
Basic EPS, GAAP
0.05
0.09
0.1
0.02
0.13
0.16
0.19
0.23
0.26
0.35
0.32
0.42
0.51
0.57
0.71
0.87
0.86
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.02
0.03
0.04
0.04
0.05
0.06
0.07
0.08
0.09
0.11
0.12
0.14
0.15
Dividend per Share
3.98
4.63
5.61
6.51
5.89
5.4
5.23
5.19
5.23
5.85
6.42
7.46
6.59
7.42
7.1
8.65
6.39
Book Value per Share
3.05
3.3
4.18
4.95
3.95
2.99
2.94
1.25
1.45
0.45
-0.32
-4.1
-5.32
-5.16
-8.93
-8.25
-10.65
Tangible Book Value per Share
28,469
27,817
27,165
263,176
25,318
24,644
23,862
23,188
22,623
22,102
21,776
21,471
21,037
20,515
20,102
19,668
19,342
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
35,083
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
59.84
Operating Margin (%)
148
194
230
258
321
366
373
437
459
522
580
726
750
799
897
1,143
1,195
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
16,257
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
19.41
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
46.34
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
1,518
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
22,184
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
5,606
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
57.38
Return on Invested Capital (%)
42.97
34.71
43.32
43.34
46.18
43.69
40.88
36.67
52.69
63.06
39.9
44.69
49.52
54.17
56.6
60.4
59.06
Return on Capital (%)
42.39
34.43
43.16
43.27
50.68
59.42
69.48
70.39
107.87
143.83
104.38
126.79
145.92
169.27
191.95
210.49
241.49
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
749
1,748
2,459
LT Borrowings
18,251
17,212
22,184
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
894
887
878
Market Capitalization
22,767
19,466
19,274

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
23,558
22,498
26,522
Cash, Cash Equivalents & STI
10,898
8,219
11,609
Accounts Receivable, Net
4,609
4,720
5,047
Inventories
- -
- -
- -
Total Current Liabilities
22,762
22,934
25,004
Payables & Accruals
15,071
13,696
14,453
ST Debt
749
1,748
2,459
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
9,277
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.16
0.16
0.17
0.64
2025
0.17
0.19
- -
0.21
0.76
2026
0.2
0.23
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.03
0.03
0.12
2025
0.04
0.04
- -
0.04
0.14
2026
0.04
0.04
- -
- -
- -
Business
Mastercard Incorporated is a global payments technology company that provides payment network services, processing and gateway solutions, and value-added services for financial institutions, merchants, governments, fintechs, and consumers. Founded in 1966 and headquartered in Purchase, New York, the company operates worldwide across the Americas, Europe, the Middle East and Africa, and Asia Pacific, and organizes its business around a single Payment Solutions segment. Its core offerings include card network connectivity and transaction switching for credit, debit, prepaid, and commercial programs; cross-border money movement and settlement services; open banking and account-based payment capabilities; bill payments; merchant acceptance tools; fraud prevention and cybersecurity solutions; digital authentication; consumer acquisition, engagement and loyalty services; business and market insights; and AI-enabled commerce and decisioning tools. Mastercard also supports branded products and platforms such as Mastercard, Maestro, and Cirrus, while extending its ecosystem through Mastercard Move, Mastercard Open Banking, Mastercard Gateway, Product Express, Merchant Cloud, and other payment enablement solutions. Recent strategic activity has focused on expanding Mastercard’s role in digital assets, agentic commerce, and secure payment infrastructure. In 2026, Mastercard launched its Crypto Partner Program, bringing together more than 100 crypto-native companies, payments providers, and financial institutions; completed the acquisition of BVNK to advance stablecoin capabilities; launched Agent Pay for Machines and Agent Suite; expanded virtual card and settlement capabilities; and announced partnerships with JD.com, SoFi, Ericsson, Cloudflare, and the World Bank Group. The company also has a broad partnership-led growth strategy spanning co-branded cards, travel and entertainment experiences, small business support, and financial inclusion initiatives, with ongoing collaborations across banks, merchants, sports properties, and public-sector institutions. Mastercard remains a publicly traded company focused on scaling secure, data-driven, and globally interoperable payment solutions across consumer, commercial, and new payment flows.