Mastercard Incorporated Financial Ratios — MA Stock

Profitability	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Return on Common Equity (%)	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
Return on Assets (%)	22.64	19.52	23.83	23.34	24.46	24.12	23.24	19.57	25.37	30.01	20.41	24.38	26	27.58	28.44
Return on 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
Return on Invested Capital (%)	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
Gross Margin (%)	77.99	78.36	78.83	79.08	78.14	78.22	79.35	78.5	78.5	79.05	75.25	76.23	76.33	76.01	76.31
EBITDA Margin (%)	52.41	54.57	57.02	58.45	57.17	56.1	58.32	57.45	59.08	60.52	57.14	58	60.58	61.48	61.15
Operating Margin (%)	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
Incremental Operating Margin (%)	110.91	60.85	75.92	66.88	42.16	-8.41	77.1	48.29	66.49	68.39	96.9	57.61	74.41	66.69	55.29
Pretax Margin (%)	49.77	40.93	53.21	54.14	53.8	51.29	52.39	52.19	48.19	57.64	50.72	54.58	52.76	54.34	54.16
Profit Margin (%)	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
Net Income to Common Margin (%)	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
Effective Tax Rate (%)	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
Dvd Payout Ratio (%)	4.27	4.04	4.79	8.18	14.24	19.09	20.62	24.06	17.82	16.57	25.04	20.04	19.16	19.28	19.02
Sustainable Growth Rate (%)	86.98	47.75	43.42	32.74	26.64	20.97	18.08	14.23	19.4	22.11	13.22	16.46	16.17	15.56	15.39

Credit	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Debt	- -	- -	- -	- -	1,494	3,268	5,180	5,424	6,334	8,527	12,672	13,901	14,023	15,681	18,226
LT Debt	- -	- -	- -	- -	1,494	3,268	5,180	5,424	5,834	8,527	12,023	13,109	13,749	14,344	17,476
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	500	- -	649	792	274	1,337	750
Total Debt/EBITDA	- -	- -	- -	- -	0.28	0.6	0.82	0.76	0.72	0.83	1.45	1.27	1.04	1.02	1.06
Net Debt/EBITDA	-1.06	-1.02	-0.49	-0.74	-0.68	-0.46	-0.25	-0.07	-0.04	0.15	0.29	0.59	0.52	0.46	0.57
Total Debt/EBIT	- -	- -	- -	- -	0.29	0.65	0.88	0.8	0.76	0.88	1.55	1.36	1.1	1.07	1.12
Net Debt/EBIT	-1.11	-1.08	-0.52	-0.78	-0.72	-0.49	-0.26	-0.08	-0.04	0.16	0.31	0.63	0.55	0.48	0.6
EBITDA to Interest Expense	55.83	146.56	210.7	347	112.44	88.9	66.16	46.62	47.49	45.62	23.01	25.41	28.6	26.83	26.66
EBITDA-CapEx/Interest Expense	52.92	139.48	205.9	335.93	108.79	86	63.89	44.68	45.72	43.73	22.12	24.47	27.66	26.19	25.93
EBIT to Interest Expense	52.98	138.8	199.2	328.57	105.75	82.9	62.23	43.79	45.02	43.29	21.48	23.73	27.01	25.44	25.27
Interest Expense	52	25	20	14	48	61	95	154	186	224	380	431	471	575	646
Common Equity/Total Assets	32.99	44.37	59.01	71.06	85.91	99.83	103.98	104.85	109.75	116.24	115.37	121.18	138.43	147.39	151.63
Long-Term Debt/Equity (%)	- -	- -	- -	- -	21.89	53.91	91.13	97.41	106.29	142.33	184.49	176.86	215.6	205	268.24
Long-Term Debt/Capital (%)	- -	- -	- -	- -	10.17	16.74	21.03	19.45	17.31	20.01	23.33	21.98	20.31	18.32	19.17
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	9.75	20.11	27.74	25.43	23.47	29.17	35.8	34.8	35.51	33.79	36.35
Total Debt/Equity (%)	- -	- -	- -	- -	21.89	53.91	91.13	97.41	115.39	142.33	194.45	187.55	219.9	224.11	279.75
Total Debt/Capital (%)	- -	- -	- -	- -	10.17	16.74	21.03	19.45	18.79	20.01	24.58	23.3	20.71	20.02	19.99
Total Debt/Total Assets (%)	- -	- -	- -	- -	9.75	20.11	27.74	25.43	25.48	29.17	37.73	36.9	36.21	36.94	37.91
Net Debt to Equity	-58.8	-63.54	-29.61	-48.02	-53.39	-40.89	-27.11	-9.14	-6.34	25.69	39.27	87.43	110	101.37	150.18
Net Debt/Capital (%)	2,175.18	-366.08	-38.61	-55.09	-38.11	-17.99	-8.61	-2.32	-1.29	4.32	6.18	12.41	11.56	10.17	11.83
EBITDA	2,903	3,664	4,214	4,858	5,397	5,423	6,285	7,180	8,833	10,218	8,743	10,953	13,472	15,429	17,224
EBITDA-CapEx	2,752	3,487	4,118	4,703	5,222	5,246	6,070	6,880	8,503	9,796	8,404	10,546	13,030	15,058	16,750
Operating Income (Loss)	2,755	3,470	3,984	4,600	5,076	5,057	5,912	6,743	8,374	9,696	8,163	10,227	12,722	14,630	16,327

Liquidity	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Cash Ratio	1.34	1.17	1.02	1.04	1.02	1.07	1.16	0.89	0.72	0.64	0.89	0.6	0.52	0.56	0.46
Current Ratio	2.05	1.84	1.91	1.82	1.77	1.75	1.84	1.57	1.39	1.42	1.61	1.29	1.17	1.17	1.03
Quick Ratio	1.7	1.52	1.44	1.43	1.37	1.42	1.5	1.27	1.13	1.11	1.26	0.83	0.76	0.81	0.65
CFO/Avg Current Liab	0.54	0.73	0.65	0.76	0.56	0.66	0.69	0.71	0.61	0.7	0.61	0.76	0.82	0.79	0.83
Common Equity/Total Assets	32.99	44.37	59.01	71.06	85.91	99.83	103.98	104.85	109.75	116.24	115.37	121.18	138.43	147.39	151.63
Long-Term Debt/Equity (%)	- -	- -	- -	- -	21.89	53.91	91.13	97.41	106.29	142.33	184.49	176.86	215.6	205	268.24
Long-Term Debt/Capital (%)	- -	- -	- -	- -	10.17	16.74	21.03	19.45	17.31	20.01	23.33	21.98	20.31	18.32	19.17
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	9.75	20.11	27.74	25.43	23.47	29.17	35.8	34.8	35.51	33.79	36.35
Total Debt/Equity (%)	- -	- -	- -	- -	21.89	53.91	91.13	97.41	115.39	142.33	194.45	187.55	219.9	224.11	279.75
Total Debt/Capital (%)	- -	- -	- -	- -	10.17	16.74	21.03	19.45	18.79	20.01	24.58	23.3	20.71	20.02	19.99
Total Debt/Total Assets (%)	- -	- -	- -	- -	9.75	20.11	27.74	25.43	25.48	29.17	37.73	36.9	36.21	36.94	37.91
CFO/Total Liabilities	46.87	55.73	53.28	61.29	40.06	40.25	35.69	35.94	32.13	35.2	26.69	31.28	34.61	33.79	35.56
CFO/CapEx	11.24	15.16	30.71	26.68	19.47	23.17	21.57	18.88	18.86	19.39	21.31	23.25	25.33	32.29	31.18
Altman's Z-Score	7.48	8.74	9.58	87.49	10.5	10.19	8.99	10.1	9.99	11.92	11.65	11.5	11.36	12.11	12.55

Working Capital	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Accounts Receivable Turnover	5.17	6.87	8.53	8.79	9.1	8.84	8.64	7.38	7.04	7.05	5.93	6.68	6.92	6.71	7.19
Days Sales Outstanding	70.58	53.14	42.79	41.52	40.11	41.31	42.25	49.43	51.82	51.78	61.54	54.62	52.78	54.43	50.75
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	1.45	2.29	4.37	5	5.45	4.73	4.12	3.49	4.37	6.89	7.45	7.1	6.33	6.84	7.57
Accounts Payable Turnover Days	250.92	159.26	83.61	72.94	66.93	77.25	88.67	104.73	83.47	52.94	48.96	51.43	57.7	53.34	48.22
Cash Conversion Cycle	-180.34	-106.12	-40.82	-31.42	-26.82	-35.94	-46.41	-55.3	-31.65	-1.16	12.58	3.19	-4.92	1.09	2.54
Inventory to Cash Days	70.58	53.14	42.79	41.52	40.11	41.31	42.25	49.43	51.82	51.78	61.54	54.62	52.78	54.43	50.75
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Market Capitalization	27,183	44,275	57,125	944,459	94,249	104,407	108,076	155,110	189,629	294,859	349,147	348,270	332,150	399,718	486,365
- Cash & Cash Equivalents	3,067	3,734	2,052	3,599	5,137	5,747	6,721	5,933	6,682	6,988	10,113	7,421	7,008	8,588	8,442
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	11	9	12	11	34	34	28	100	94	98	126	100	79	68	30
+ Total Debt	- -	- -	- -	- -	1,494	3,268	5,180	5,424	6,334	8,527	12,672	13,901	14,023	15,681	18,226
Enterprise Value	22,996	39,335	52,134	938,175	89,402	100,971	104,949	152,852	187,679	295,808	351,349	354,377	338,844	406,287	495,849
Total Capital	2,926	4,754	7,366	10,132	14,697	19,524	24,626	27,888	33,711	42,609	51,545	59,649	67,709	78,313	91,163
Total Debt/Capital (%)	- -	- -	- -	- -	10.17	16.74	21.03	19.45	18.79	20.01	24.58	23.3	20.71	20.02	19.99
Total Debt / EV	- -	- -	- -	- -	0.02	0.03	0.05	0.04	0.03	0.03	0.04	0.04	0.04	0.04	0.04
EV/Sales	4.15	5.86	7.05	112.87	9.47	10.44	9.74	12.23	12.55	17.52	22.96	18.77	15.24	16.19	17.6
EV/EBITDA	7.92	10.74	12.37	193.12	16.57	18.62	16.7	21.29	21.25	28.95	40.19	32.35	25.15	26.33	28.79
EV/EBIT	8.35	11.34	13.09	203.95	17.61	19.97	17.75	22.67	22.41	30.51	43.04	34.65	26.63	27.77	30.37
EV/Cash Flow to Firm	13.28	14.56	17.6	226.36	25.98	24.34	22.3	26.55	29.44	35.34	46.61	36.06	29.23	32.63	32.36
EV/Free Cash Flow to Firm	12.21	13.67	17.05	218.2	24.72	23.35	21.33	25.24	27.99	33.65	44.6	34.63	28.15	31.68	31.38
Diluted Market Cap	27,183	44,275	57,582	947,579	94,572	104,684	108,371	155,837	190,722	296,308	350,541	349,680	333,179	400,565	487,417
Diluted Enterprise Value	24,127	40,550	55,542	943,991	90,963	102,239	106,858	155,428	190,468	297,945	353,226	356,260	340,273	407,726	497,231
EV per Share	17.55	30.73	41.71	77.47	76.74	89.04	95.58	143.25	180.29	290.86	350.65	358.68	350.05	430.39	536.05
TTM Sales	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
TTM EBITDA	2,903	3,664	4,214	4,858	5,397	5,423	6,285	7,180	8,833	10,218	8,743	10,953	13,472	15,429	17,224
TTM Operating Income	2,755	3,470	3,984	4,600	5,076	5,057	5,912	6,743	8,374	9,696	8,163	10,227	12,722	14,630	16,327
TTM Cash Flow to Firm	1,732	2,701	2,962	4,145	3,441	4,148	4,705	5,756	6,374	8,370	7,538	9,826	11,594	12,452	15,325
TTM Free Cash Flow to Firm	1,883	2,878	3,058	4,300	3,616	4,325	4,920	6,056	6,704	8,792	7,877	10,233	12,036	12,823	15,799

Multiples	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Price/Earnings	14.73	23.23	20.7	303.1	26.06	27.42	26.63	39.62	32.37	36.32	54.46	40.09	33.45	35.71	37.78
Price/Earnings Average	15.05	18.59	18.15	222.18	23.4	26.03	24.65	33.26	32.83	31.11	47.13	39.82	32.72	32.2	33.95
Price/Earnings High	19.15	25.86	22.59	326.22	28.95	30.3	29.47	42.15	40.04	37.77	57.4	45.66	38.99	36.12	38.63
Price/Earnings Low	13.55	14.73	15.24	194.71	22.12	22.22	21.24	28.35	26.85	22.67	31.26	34.8	26.99	28.69	29.93
Price/Book Value	9.33	9.33	7.77	93.32	7.16	6.44	5.57	6.94	6.95	8.68	9.01	7.63	6.2	6.39	6.67
Price/Book Value Average	9.53	7.47	6.81	68.4	6.43	6.11	5.15	5.82	7.05	7.43	7.8	7.58	6.06	5.76	5.99
Price/Book Value High	12.13	10.39	8.47	100.44	7.95	7.11	6.16	7.38	8.6	9.02	9.5	8.69	7.22	6.46	6.82
Price/Book Value Low	8.58	5.92	5.72	59.95	6.08	5.22	4.44	4.96	5.77	5.42	5.17	6.62	5	5.13	5.28
Price/Tangible Book Value	6.78	10.55	11.06	165.67	20.54	31	33.71	109.77	118.96	533.2	-1,781.36	-88.82	-66.38	-84.17	-59.82
Price/Tangible Book Value Average	6.93	8.44	9.69	121.44	18.45	29.43	31.21	92.17	120.65	456.74	-1,541.5	-88.23	-64.94	-75.92	-53.75
Price/Tangible Book Value High	8.82	11.74	12.07	178.3	22.82	34.26	37.31	116.78	147.17	554.53	-1,877.47	-101.17	-77.36	-85.15	-61.17
Price/Tangible Book Value Low	6.24	6.69	8.14	106.42	17.44	25.12	26.89	78.54	98.69	332.83	-1,022.4	-77.1	-53.56	-67.63	-47.39
Price/Sales	4.91	6.59	7.73	113.63	9.98	10.8	10.03	12.41	12.68	17.46	22.82	18.44	14.94	15.93	17.27
Price/Sales Average	5.02	5.28	6.77	83.29	8.97	10.25	9.29	10.42	12.86	14.96	19.75	18.32	14.61	14.36	15.51
Price/Sales High	6.38	7.34	8.43	122.29	11.09	11.94	11.1	13.2	15.69	18.16	24.05	21.01	17.41	16.11	17.66
Price/Sales Low	4.52	4.18	5.69	72.99	8.47	8.75	8	8.88	10.52	10.9	13.1	16.01	12.05	12.8	13.68
Price/Cash Flow	16.02	16.5	19.38	228.41	27.66	25.46	23.31	27.39	30.47	36.03	48.33	36.8	29.67	33.37	32.91
Price/Cash Flow Average	16.37	13.2	16.98	167.43	24.84	24.17	21.58	22.99	30.91	30.87	41.82	36.56	29.03	30.09	29.57
Price/Cash Flow High	20.83	18.36	21.14	245.83	30.73	28.14	25.79	29.13	37.7	37.47	50.94	41.92	34.58	33.75	33.65
Price/Cash Flow Low	14.74	10.46	14.26	146.73	23.48	20.63	18.59	19.59	25.28	22.49	27.74	31.95	23.94	26.81	26.07
Price/Free Cash Flow	14.71	15.48	18.92	220.88	26.4	24.47	22.34	26.13	29.1	34.43	46.35	35.43	28.63	32.43	31.95
Price/Free Cash Flow Average	15.03	12.38	16.58	161.91	23.71	23.23	20.68	21.94	29.52	29.5	40.11	35.19	28.01	29.25	28.71
Price/Free Cash Flow High	19.13	17.22	20.64	237.73	29.33	27.05	24.72	27.8	36.01	35.81	48.85	40.35	33.37	32.81	32.68
Price/Free Cash Flow Low	13.54	9.81	13.92	141.89	22.41	19.83	17.82	18.7	24.15	21.49	26.6	30.76	23.1	26.06	25.31
EV/Sales	4.15	5.86	7.05	112.87	9.47	10.44	9.74	12.23	12.55	17.52	22.96	18.77	15.24	16.19	17.6
EV/Sales Average	4.46	4.72	6.5	82.86	8.58	10	9.15	10.39	12.85	15.06	19.92	18.67	14.93	14.65	15.86
EV/Sales High	5.83	6.79	8.16	121.86	10.71	11.68	10.96	13.17	15.67	18.26	24.23	21.35	17.73	16.4	18.01
EV/Sales Low	3.97	3.63	5.41	72.56	8.09	8.5	7.86	8.85	10.51	11	13.27	16.36	12.37	13.08	14.03
EV/EBITDA	7.92	10.74	12.37	193.12	16.57	18.62	16.7	21.29	21.25	28.95	40.19	32.35	25.15	26.33	28.79
EV/EBITDA Average	8.52	8.65	11.4	141.77	15.02	17.83	15.68	18.08	21.74	24.88	34.86	32.18	24.65	23.83	25.94
EV/EBITDA High	11.13	12.43	14.31	208.51	18.73	20.83	18.79	22.93	26.53	30.17	42.4	36.82	29.26	26.67	29.45
EV/EBITDA Low	7.57	6.64	9.49	124.15	14.16	15.15	13.48	15.4	17.78	18.17	23.23	28.2	20.42	21.28	22.94
EV/EBIT	8.35	11.34	13.09	203.95	17.61	19.97	17.75	22.67	22.41	30.51	43.04	34.65	26.63	27.77	30.37
EV/EBIT Average	8.97	9.14	12.06	149.72	15.96	19.12	16.67	19.25	22.94	26.22	37.34	34.47	26.1	25.13	27.37
EV/EBIT High	11.72	13.13	15.13	220.2	19.92	22.34	19.97	24.41	27.98	31.8	45.41	39.43	30.99	28.13	31.06
EV/EBIT Low	7.97	7.02	10.04	131.11	15.05	16.25	14.33	16.4	18.76	19.15	24.88	30.21	21.62	22.44	24.2
Last Price	20.75	34.59	45.7	77.99	80.9	92.07	98.43	145.37	182.16	289.93	348.45	352.5	343.13	423.43	525.8
High Price	26.99	38.5	49.86	83.94	89.87	101.76	108.93	154.65	225.35	301.53	367.25	401.5	399.92	428.36	537.7
Low Price	19.1	21.93	33.63	50.1	68.68	74.61	78.52	104.01	151.12	180.98	199.99	306	276.87	340.21	416.53
Enterprise Value	22,996	39,335	52,134	938,175	89,402	100,971	104,949	152,852	187,679	295,808	351,349	354,377	338,844	406,287	495,849
Enterprise Value Average	24,723	31,704	48,031	688,717	81,036	96,674	98,559	129,820	192,069	254,212	304,818	352,516	332,030	367,688	446,823
Enterprise Value High	32,301	45,555	60,285	1,012,925	101,090	112,951	118,092	164,603	234,335	308,293	370,670	403,262	394,217	411,533	507,187
Enterprise Value Low	21,965	24,345	39,998	603,123	76,403	82,163	84,702	110,570	157,062	185,694	203,075	308,908	275,104	328,319	395,104

Per Share Data Items	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Shares Outstanding	1,309	1,269	1,232	1,149	1,153	1,116	1,081	1,054	1,031	1,007	995	980	956	934	914
Diluted Weighted Avg Shares	1,310	1,280	1,260	12,150	1,169	1,137	1,101	1,072	1,047	1,022	1,006	992	971	946	927
Basic Weighted Avg Shares	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
Revenue per Share	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
EBITDA per Share	2.22	2.86	3.37	0.4	4.63	4.78	5.72	6.73	8.49	10.05	8.73	11.09	13.92	16.34	18.62
Operating Income per Share	2.1	2.71	3.19	0.38	4.36	4.46	5.38	6.32	8.04	9.53	8.15	10.35	13.14	15.5	17.65
Basic EPS, GAAP	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
Basic EPS from Cont Ops	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
Diluted EPS, GAAP	1.41	1.49	2.19	0.26	3.09	3.35	3.69	3.65	5.6	7.94	6.37	8.76	10.23	11.83	13.89
Diluted EPS from Cont Ops	1.41	1.49	2.19	0.26	3.09	3.35	3.69	3.65	5.6	7.94	6.37	8.76	10.23	11.83	13.89
Dividend per 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
Cash Flow per Share	1.3	2.1	2.36	0.34	2.92	3.62	4.22	5.31	5.98	8.05	7.21	9.58	11.57	12.69	15.98
Free Cash Flow per Basic Share	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
Cash & Equivalents per Share	3.2	3.87	4	0.52	5.47	5.94	7.59	7.29	8.05	7.55	10.57	7.99	7.65	9.72	9.48
Book Value 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
Tangible 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

Mastercard Incorporated

Profitability

Credit

Liquidity

Working Capital

Enterprise Value

Multiples

Per Share Data Items