Mastercard Incorporated (MA)
NYSE: MA · Real-Time Price · USD
577.64
+14.31 (2.54%)
Jul 30, 2026, 3:01 PM EDT - Market open
Mastercard Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 16,257 | 14,968 | 12,874 | 11,195 | 9,930 | 8,687 |
Depreciation & Amortization | 1,195 | 1,143 | 897 | 799 | 750 | 726 |
Stock-Based Compensation | 615 | 597 | 526 | 460 | 295 | 273 |
Other Adjustments | 2,795 | 2,382 | 1,523 | 1,469 | 1,124 | 693 |
Change in Receivables | -873 | -642 | 186 | -546 | -481 | -397 |
Changes in Accounts Payable | 337 | 45 | 75 | -99 | 190 | 100 |
Changes in Accrued Expenses | 2,100 | 1,694 | 1,792 | 196 | 1,428 | 1,354 |
Changes in Income Taxes Payable | - | -276 | -328 | -300 | -109 | -139 |
Changes in Other Operating Activities | -4,713 | -2,263 | -2,765 | -1,194 | -1,932 | -1,834 |
Operating Cash Flow | 17,437 | 17,648 | 14,780 | 11,980 | 11,195 | 9,463 |
Operating Cash Flow Growth | 2.85% | 19.41% | 23.37% | 7.01% | 18.30% | 30.99% |
Capital Expenditures | -735 | -489 | -474 | -371 | -442 | -407 |
Purchases of Intangible Assets | -727 | -726 | -720 | -717 | -655 | -407 |
Purchases of Investments | -394 | -868 | -658 | -736 | -594 | -911 |
Proceeds from Sale of Investments | 394 | 719 | 964 | 479 | 537 | 856 |
Cash Acquisitions | - | - | -2,511 | - | -313 | -4,436 |
Other Investing Activities | -54 | 2 | -3 | -6 | -3 | 33 |
Investing Cash Flow | -1,674 | -1,362 | -3,402 | -1,351 | -1,470 | -5,272 |
Long-Term Debt Issued | 5,596 | 1,242 | 3,960 | 1,554 | 1,123 | 2,024 |
Long-Term Debt Repaid | - | -750 | -1,336 | - | -724 | -650 |
Net Long-Term Debt Issued (Repaid) | 5,596 | 492 | 2,624 | 1,554 | 399 | 1,374 |
Issuance of Common Stock | 159 | 203 | 224 | 237 | 90 | 61 |
Repurchase of Common Stock | -15,822 | -11,727 | -10,954 | -9,032 | -8,753 | -5,904 |
Net Common Stock Issued (Repurchased) | -15,663 | -11,524 | -10,730 | -8,795 | -8,663 | -5,843 |
Common Dividends Paid | -2,919 | -2,756 | -2,448 | -2,158 | -1,903 | -1,741 |
Other Financing Activities | -216 | -391 | -282 | -89 | -161 | -345 |
Financing Cash Flow | -13,226 | -14,179 | -10,836 | -9,488 | -10,328 | -6,555 |
Foreign Exchange Rate Adjustments | -134 | 333 | -199 | 128 | -103 | -153 |
Net Cash Flow | 2,403 | 2,440 | 343 | 1,269 | -706 | -2,517 |
Free Cash Flow | 16,702 | 17,159 | 14,306 | 11,609 | 10,753 | 9,056 |
Free Cash Flow Growth | 0.91% | 19.94% | 23.23% | 7.96% | 18.74% | 31.53% |
FCF Margin | 47.61% | 52.33% | 50.79% | 46.25% | 48.36% | 47.96% |
Free Cash Flow Per Share | 18.67 | 18.94 | 15.43 | 12.27 | 11.07 | 9.13 |
Levered Free Cash Flow | 8,168 | 15,314 | 14,695 | 11,780 | 10,214 | 9,861 |
Unlevered Free Cash Flow | 14,676 | 15,079 | 12,348 | 10,529 | 10,265 | 8,297 |