Mastercard Incorporated (MA)
NYSE: MA · Real-Time Price · USD
573.85
+0.13 (0.02%)
At close: Aug 20, 2026, 4:00 PM EDT
574.20
+0.35 (0.06%)
After-hours: Aug 20, 2026, 7:06 PM EDT

Mastercard Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
35,08332,79128,16725,09822,23718,884
Revenue Growth
16.01%16.42%12.23%12.87%17.76%23.42%
Gross Profit
35,08332,79128,16725,09822,23718,884
Operating Income
21,00619,40116,45214,54712,68710,268
Net Income
16,25714,96812,87411,1959,9308,687
Earnings Per Share
18.1816.5213.8911.8310.228.76
EPS Growth
22.61%18.93%17.41%15.75%16.67%37.52%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Domestic Assessments
11,63211,02910,2459,5668,7948,064
Cross-Border Assessments
13,22812,02110,1818,4096,5974,646
Transaction Processing Assessments
17,16415,93013,60212,06710,6469,041
Other Network Assessments
1,1301,018936963766668
Rebates & Incentives Costs
-22,656-20,522-17,629-15,182-12,445-10,961
Value-Added Services & Solutions
14,58513,31510,8329,2747,8796,941
Revenue (Total)
35,08332,79128,16725,09822,23718,884

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
11,75211,1019,0099,6867,8078,521
Total Debt
24,64319,83318,98616,45614,79314,673
Net Cash (Debt)
-12,891-8,732-9,977-6,770-6,986-6,152
Net Cash Growth
------
Net Cash Per Share
-14.41-9.64-10.76-7.16-7.19-6.20

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
17,43717,64814,78011,98011,1959,463
Capital Expenditures
-735-489-474-371-442-407
Free Cash Flow
16,70217,15914,30611,60910,7539,056
Free Cash Flow Growth
0.91%19.94%23.23%7.96%18.74%31.53%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
100.00%100.00%100.00%100.00%100.00%100.00%
Operating Margin
59.88%59.17%58.41%57.96%57.05%54.37%
Pretax Margin
57.50%56.66%54.16%54.34%52.76%54.58%
Profit Margin
46.34%45.65%45.71%44.60%44.66%46.00%
FCF Margin
47.61%52.33%50.79%46.26%48.36%47.96%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.4803.1502.7402.3702.0401.810
Dividend Per Share Growth
14.63%14.96%15.61%16.18%12.71%10.37%
Dividend Yield
0.61%0.55%0.53%0.56%0.60%0.52%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
31.5634.2537.5435.7333.6740.64
Forward PE
26.9931.0433.5931.2030.1936.62
P/FCF Ratio
30.1029.8833.7834.4531.0938.99
PS Ratio
14.3315.6317.1615.9415.0418.70