Mastercard Incorporated

Mastercard Incorporated

MA
Mastercard IncorporatedUS flagNew York Stock Exchange
488.07
USD
+3.98
- -
431.25BMarket Cap
Mastercard Incorporated
MA
(New York Stock Exchange)

Recent

price

488.07

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
37.72
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
17.3
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
19.76
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
97.97
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
-9.22
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
900
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
517,617
516,646
449,569

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
4.35
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
0.76
3.05
2026
0.87
- -
- -
- -
- -
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.

Company News

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