Mastercard Incorporated

Mastercard Incorporated

658.10
USD
+20.09
(+3.15%)
19.11EPS
28.82P/E
481.43BMarket Cap
Jan 28Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.86
8.1
8.52
9.81
11.71
14.36
16.6
15.27
19.11
22.97
26.59
30.45
36.23
40.95
Basic EPS, GAAP
2.57
3.1
3.36
3.7
3.67
5.63
7.98
6.4
8.79
10.26
11.86
13.92
16.54
19.13
Free Cash Flow per Basic Share
3.29
2.77
3.46
4.03
5.03
5.66
7.63
6.87
9.17
11.11
12.3
15.47
18.96
18.15
Dividend per Share
0.21
0.44
0.64
0.76
0.88
1
1.32
1.6
1.76
1.97
2.29
2.65
3.05
3.38
Book Value per Share
6.26
5.89
5.4
5.23
5.19
5.23
5.85
6.42
7.46
6.59
7.42
7.1
8.65
7.74
Tangible Book Value per Share
4.76
3.95
2.99
2.94
1.25
1.45
0.45
-0.32
-4.1
-5.32
-5.16
-8.93
-8.25
-11.17
Basic Weighted Avg Shares
1,211
1,165
1,134
1,098
1,067
1,041
1,017
1,002
988
968
944
925
905
886
Sales/Revenue/Turnover
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
36,288
Operating Margin (%)
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
60.07
Depreciation Expense
258
321
366
373
437
459
522
580
726
750
799
897
1,143
1,231
Net Income, GAAP
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
16,958
Effective Tax Rate (%)
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
18.92
Profit Margin (%)
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
46.73
Working Capital
4,918
4,775
4,715
6,022
5,004
4,578
4,998
7,266
3,787
2,435
2,697
504
796
284
LT Debt
- -
1,494
3,268
5,180
5,424
5,834
8,527
12,023
13,109
13,749
14,344
17,476
18,251
22,189
Total Equity
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
6,740
Return on Invested Capital (%)
42.68
45.42
43.59
40.41
35.79
51.13
60.1
38.99
41.4
49.05
52.45
54.39
57.61
57.7
Return on Capital (%)
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
61.19
Return on Common Equity (%)
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
231.4

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
1,748
2,459
1,749
LT Borrowings
17,212
22,184
22,189
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
887
878
873
Market Capitalization
443,146
450,941
481,433

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
22,498
26,522
24,480
Cash, Cash Equivalents & STI
8,219
11,609
10,464
Accounts Receivable, Net
4,720
5,047
5,258
Inventories
- -
- -
- -
Total Current Liabilities
22,934
25,004
24,196
Payables & Accruals
13,696
14,453
15,295
ST Debt
1,748
2,459
1,749
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

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

USD

•

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
9,807
- -
- -

Quarterly Earnings Per Share

USD

•

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
4.35
4.53
16.54
2026
4.36
4.98
5.29
- -
- -

Quarterly Dividends Per Share

USD

•

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
0.76
3.05
2026
0.87
0.87
0.87
- -
- -

Company Description

CEO
Michael E. Miebach
Full Time Employees
39,800
Sector
Finance
Industry
Finance/Rental/Leasing
Address
2000 Purchase Street Purchase NY United States 10577
IPO Date
May 25, 2006
Business
Mastercard Incorporated (NYSE: MA) is a leading global payments technology company that develops and markets a wide range of payment solutions, processing networks, and related services. The company operates the Mastercard payment network, which connects consumers, merchants, financial institutions, and governments worldwide, facilitating trillions of dollars in annual transaction volume. Mastercard offers core products and services including branded credit, charge, debit, and prepaid cards under the Mastercard, World Elite, World, and Maestro brands; payment processing gateways and transaction routing; real-time payments and account-to-account transfers; fraud prevention and cybersecurity tools such as Decision Intelligence; data analytics and consulting services via Mastercard Services; open banking platforms; and emerging solutions in digital wallets, tokenization, buy now pay later (BNPL) options, and blockchain-based payments. Headquartered in Purchase, New York, Mastercard was founded in 1966 as part of the Interbank Card Association and now operates in more than 210 countries and territories, serving financial institutions, merchants, governments, and businesses across consumer, commercial, and B2B segments. The company segments its business into Services and Network, with a focus on expanding beyond traditional card payments into data-driven commerce enablement and financial inclusion initiatives. In recent developments, Mastercard has pursued strategic expansions including the launch of its Multi-Token Network in 2024 to support digital asset transactions and programmable payments; a partnership with Microsoft in October 2024 to integrate AI-driven fraud detection; acquisitions such as the 2024 purchase of Recorded Future to bolster cybersecurity capabilities; and a renewed collaboration with Visa and other networks on FedNow for instant payments in the U.S. Additionally, the company announced expansions into healthcare payments and sustainability-linked financing in 2025, alongside investments in AI for personalized consumer experiences.

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