Mastercard Incorporated (LON:0R2Z)

Mastercard Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	10,313	8,442	8,588	7,008	7,421	10,113
Short-Term Investments	335	330	592	400	473	483
Cash & Short-Term Investments	10,648	8,772	9,180	7,408	7,894	10,596
Cash Growth	-6.60%	-4.44%	23.92%	-6.16%	-25.50%	38.04%
Receivables	4,247	3,773	4,060	3,425	3,006	2,646
Restricted Cash	478	492	32	589	586	586
Other Current Assets	3,896	6,687	5,689	5,184	5,463	5,285
Total Current Assets	23,223	19,724	18,961	16,606	16,949	19,113
Property, Plant & Equipment	2,299	2,138	2,061	2,006	1,907	1,902
Long-Term Investments	-	1,607	1,729	1,730	1,834	1,172
Goodwill	9,574	9,193	7,660	7,522	7,662	4,960
Other Intangible Assets	5,591	5,453	4,086	3,859	3,671	1,753
Long-Term Deferred Tax Assets	1,546	1,614	1,355	1,151	486	491
Long-Term Deferred Charges	-	6,550	5,170	4,578	3,798	3,220
Other Long-Term Assets	11,056	1,802	1,426	1,272	1,362	973
Total Assets	53,289	48,081	42,448	38,724	37,669	33,584
Accounts Payable	935	929	834	926	738	527
Accrued Expenses	11,979	9,939	8,031	7,525	6,308	5,226
Current Portion of Long-Term Debt	-	750	1,337	274	792	649
Current Portion of Leases	-	133	142	140	127	125
Current Income Taxes Payable	-	454	486	279	337	208
Current Unearned Revenue	-	890	459	434	482	355
Other Current Liabilities	7,779	6,125	4,975	4,593	4,378	4,757
Total Current Liabilities	20,693	19,220	16,264	14,171	13,162	11,847
Long-Term Debt	18,983	17,476	14,344	13,749	13,109	12,023
Long-Term Leases	-	627	633	630	645	726
Long-Term Unearned Revenue	-	449	318	248	180	143
Pension & Post-Retirement Benefits	-	-	-	46	72	81
Long-Term Deferred Tax Liabilities	326	317	369	393	395	86
Other Long-Term Liabilities	5,368	3,477	3,523	3,110	2,694	2,161
Total Liabilities	45,370	41,566	35,451	32,347	30,257	27,067
Additional Paid-In Capital	6,757	6,442	5,893	5,298	5,061	4,982
Retained Earnings	81,752	72,907	62,564	53,607	45,648	38,747
Treasury Stock	-79,670	-71,431	-60,429	-51,354	-42,588	-36,658
Comprehensive Income & Other	-935	-1,433	-1,099	-1,253	-809	-680
Total Common Equity	7,904	6,485	6,929	6,298	7,312	6,391
Minority Interest	15	30	68	79	100	126
Shareholders' Equity	7,919	6,515	6,997	6,377	7,412	6,517
Total Liabilities & Equity	53,289	48,081	42,448	38,724	37,669	33,584
Total Debt	18,983	18,986	16,456	14,793	14,673	13,523
Net Cash (Debt)	-8,335	-9,977	-6,770	-6,986	-6,152	-2,451
Net Cash Per Share	-9.15	-10.76	-7.16	-7.19	-6.20	-2.44
Filing Date Shares Outstanding	900	911.71	932.89	953.24	977.48	993.36
Total Common Shares Outstanding	900	914	934.5	956	979.9	995
Working Capital	2,530	504	2,697	2,435	3,787	7,266
Book Value Per Share	8.78	7.10	7.41	6.59	7.46	6.42
Tangible Book Value	-7,261	-8,161	-4,817	-5,083	-4,021	-322
Tangible Book Value Per Share	-8.07	-8.93	-5.15	-5.32	-4.10	-0.32
Buildings	-	709	678	652	615	522
Machinery	-	2,219	2,030	1,807	1,552	1,420
Leasehold Improvements	-	436	398	376	371	380

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.