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Mastercard Incorporated MA SPX

Financial Services · Credit Services · United States
https://www.mastercard.com

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers products and services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; consumer bill payment services; and commercial credit, debit, and prepaid payment products and solutions. It also provides solutions that enable businesses or governments to make payments to businesses, including Virtual Card Number, which is generated dynamically from an existing account and leverages the credit limit of the funding account; and a platform to optimize supplier payment enablement campaigns for financial institutions. In addition, the company offers Mastercard Move, which partners with digital messaging and payment platforms to enable consumers to send money directly within applications to other consumers; and partners with central banks, fintechs, and financial institutions, as well as enables various cross-border payment flows. Further, it provides security solutions; marketing, personalization, and issuer and merchant loyalty services; business and operational intelligence, advanced analytics and AI, consulting and agentic solutions, and payments and portfolio optimization; digital and authentication; processing and gateway solutions; and other solutions. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus names. Mastercard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

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$493.98
-15.15% 1Y

Market & Price

Market Cap
$436.47B
Current Price
$493.98
High / Low (52W)
$596.25 / $483.41
Beta
0.76

Valuation

Stock P/E
28.57
Industry PE
12.01
Forward P/E
21.72
PEG Ratio
1.58
Book Value
$7.58
Price to Book
65.20
P/S
12.86
EV/EBITDA
20.92
Dividend Yield
0.70%

Profitability & Returns

ROCE
61.47%
ROE
-
ROA
25.03%
Profit Margin
45.88%
Op Margin
60.84%
EPS (Latest Qtr)
$4.35
EPS (TTM)
$17.29

Balance Sheet & Liquidity

Debt/Equity
2.82
Quick Ratio
0.56
Current Ratio
0.98
Debt
$18.96B
Total Assets
$54.16B
Current Assets
$23.56B
Working Capital
$796.00M

Ownership

Promoter Holding
0.11%
Chg in Prom Hold
-
FII / Inst Holding
91.46%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$447.22B
Total Revenue (TTM)
$33.94B
EBITDA
$21.38B
Free Cash Flow
$16.15B
Operating Cash Flow
$18.27B
Shares Outstanding
877.04M
Gross Margin
100.00%
Payout Ratio
18.23%

Growth (CAGR)

Revenue 5Y
13.82%
Profit 5Y
14.66%
Revenue (YoY)
15.80%
Earnings (YoY)
21.20%

PROS

  • Healthy ROCE of 61.5%.
  • Excellent profit margin of 45.9%.
  • Compounding revenue at 13.8% over 5 years.
  • Profit CAGR of 14.7% over 5 years.
  • Generates positive free cash flow.

CONS

  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MA Mastercard Incorporated SPX 493.98 28.57 $436.47B 0.70% 61.47% - 13.82% 14.66%
2 JPM JPMorgan Chase & Co. SPX 299.31 14.33 $802.00B 2.00% - 16.47% 12.50% 14.83%
3 V Visa Inc. SPX 326.36 28.48 $620.65B 0.82% 38.38% 60.35% 10.92% 10.28%
4 MS Morgan Stanley SPX 208.00 18.84 $328.08B 1.92% - 16.39% 9.52% 15.20%
5 GS The Goldman Sachs Group, Inc. SPX 1,025.56 18.73 $302.55B 1.76% - 14.55% 7.16% 15.11%
6 WFC Wells Fargo & Company SPX 77.54 11.98 $237.29B 2.32% - 12.03% 4.02% 15.98%
7 BLK BlackRock, Inc. SPX 1,046.88 26.32 $162.51B 2.19% 4.89% 11.90% 10.65% 2.36%
8 SCHW The Charles Schwab Corporation SPX 87.35 17.37 $151.91B 1.47% - 19.08% 4.83% 7.21%
9 IBKR Interactive Brokers Group, Inc. SPX 86.97 37.33 $147.85B 0.40% 19.56% 23.56% 34.60% 37.32%
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Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -----------5.07B5.35B5.63B-5.63B6.07B6.56B-6.16B5.09B5.93B6.43B7.22B7.83B8.03B8.70B9.17B-------7.25B8.13B8.60B8.81B8.40B
Cost of Revenue -----------------------------------1.69B1.85B1.89B1.82B2.04B
Gross Profit -----------------------------------5.56B6.28B6.71B6.99B6.36B
Operating Expenses -----------------------------------1.26B1.37B1.54B1.86B1.40B
Operating Income 1.25B1.37B1.11B1.35B1.38B1.67B1.36B1.51B1.65B1.94B1.52B1.82B1.94B2.29B1.23B2.21B2.40B2.65B2.40B2.21B1.71B2.10B2.20B2.34B2.72B2.95B3.02B3.11B3.14B3.66B3.84B3.60B4.04B4.00B-4.30B4.91B5.17B5.13B4.96B
EBITDA -----------------------------------4.49B5.15B5.47B5.33B5.30B
Interest Expense -----------------------------------182.00M195.00M186.00M159.00M185.00M
Pretax Income -----------------------------------4.03B4.67B5.00B4.88B4.81B
Tax Provision -----------------------------------751.00M971.00M1.07B816.00M930.00M
Net Income -----------------------------------3.28B3.70B3.93B4.06B3.88B
Diluted EPS 0.810.860.790.860.891.080.861.001.101.340.211.411.501.820.871.802.002.072.071.681.411.511.832.082.442.682.342.582.473.003.393.223.503.53-3.594.074.344.524.35

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -----------21.83B24.98B23.62B29.84B22.24B25.10B28.17B32.79B
Cost of Revenue ---------------5.26B6.02B6.67B7.25B
Gross Profit ---------------16.97B19.08B21.49B25.54B
Operating Expenses ---------------4.25B4.45B5.17B6.03B
Operating Income 1.11B-534.00M2.26B2.75B2.71B3.94B4.50B5.11B5.08B5.76B6.62B7.28B9.66B8.08B10.08B12.72B14.63B16.33B19.51B
EBITDA ---------------12.95B15.01B16.80B20.44B
Interest Expense ---------------471.00M575.00M646.00M722.00M
Pretax Income ---------------11.73B13.64B15.25B18.58B
Tax Provision ---------------1.80B2.44B2.38B3.61B
Net Income 1.09B-254.00M1.46B1.85B1.91B2.76B3.12B--------9.93B11.20B12.87B14.97B
Diluted EPS 7.96-1.9411.1614.051.482.192.563.103.353.693.655.607.946.378.7610.2211.8313.8916.52

Compounded Sales Growth

5 Years:13.82%
1 Year:15.80%

Compounded Profit Growth

5 Years:14.66%
1 Year:21.20%

Stock Price Performance

1 Year:-15.15%
6 Months:-9.31%
3 Months:-4.33%
1 Month:-5.95%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Sep 2014Dec 2014Sep 2015Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --6.48B7.47B8.84B10.69B12.46B14.24B-15.33B-16.25B18.68B21.33B24.86B29.24B33.58B-38.72B42.45B48.08B54.16B
Current Assets ------------------16.61B18.96B19.72B23.56B
Cash & Equivalents 1.19B1.66B1.50B2.06B3.07B3.73B2.05B3.60B5.14B5.14B5.75B5.75B6.72B5.93B6.68B6.99B10.11B-7.01B8.59B8.44B10.57B
Inventory ----------------------
Receivables ------------------3.42B4.06B3.77B4.61B
Total Liabilities --4.54B3.96B3.62B4.82B5.53B6.75B-8.51B-10.19B12.99B15.76B19.37B23.25B27.07B-32.35B35.45B41.57B46.41B
Current Liabilities --2.99B3.17B3.14B4.22B4.91B6.03B-6.22B-6.27B7.21B8.79B11.59B11.90B11.85B-14.17B16.26B19.22B22.76B
Long Term Debt --19.39M22.00M---0-1.49B-3.27B5.18B5.42B5.83B8.53B12.02B-13.75B14.34B17.48B18.25B
Total Debt ------------------14.02B15.68B18.23B19.00B
Total Equity --1.93B3.50B5.21B5.87B6.92B7.48B-6.79B-6.03B5.66B5.47B5.39B5.89B6.39B-6.30B6.93B6.49B7.74B
Shares Outstanding ------------------1.41B1.41B1.41B1.41B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 769.86M413.00M1.38B1.70B2.68B2.95B4.13B3.41B4.10B4.64B5.66B6.22B8.18B7.22B9.46B11.20B11.98B14.78B17.65B
Investing Cash Flow 315.14M202.00M-664.00M-641.00M-748.00M-2.84B-4.00M690.00M-715.00M-1.16B-1.78B-506.00M-1.64B-1.88B-5.27B-1.47B-1.35B-3.40B-1.36B
Financing Cash Flow -657.51M-751.00M-185.00M19.00M-1.22B-1.80B-2.63B-2.34B-2.52B-2.34B-4.76B-4.97B-5.87B-2.15B-6.55B-10.33B-9.49B-10.84B-14.18B
Capital Expenditure -81.59M-76.00M-57.00M-61.00M-77.00M-96.00M-155.00M-175.00M-177.00M-215.00M-300.00M-330.00M-422.00M-339.00M-407.00M-1.10B-1.09B-1.19B-1.22B
Free Cash Flow 688.27M337.00M1.32B1.64B2.61B2.85B3.98B3.23B3.92B4.42B5.36B5.89B7.76B6.88B9.06B10.10B10.89B13.59B16.43B
Net Change in Cash ----------------603.00M1.14B542.00M2.11B
Share Buybacks 600.53M649.00M001.15B1.75B2.44B3.39B3.52B3.51B3.76B4.93B6.50B4.47B5.90B8.75B9.03B10.95B11.73B
Dividends Paid 74.00M79.00M79.00M79.00M77.00M132.00M255.00M515.00M727.00M837.00M942.00M1.04B1.34B1.60B1.74B1.90B2.16B2.45B2.76B

Ratios (Annual)

Figures in %.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ---------------76.3%76.0%76.3%77.9%
Operating Margin % -----------33.4%38.7%34.2%33.8%57.2%58.3%58.0%59.5%
Net Margin % ---------------44.7%44.6%45.7%45.6%
ROE % --13.2%41.8%35.5%32.5%39.9%41.6%--------157.7%161.6%198.5%193.5%
ROCE % --15.3%52.5%48.3%41.9%52.1%54.8%56.1%50.9%50.2%52.8%54.9%55.8%37.2%-51.8%55.9%56.6%62.2%

Shareholding Pattern

Insiders
0.11%
Institutions
91.46%
Public Float
91.56%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 7.64% 67.01M $33.10B
2 Mastercard Foundation Asset Management Corp 7.44% 65.23M $32.22B
3 Vanguard Capital Management LLC 5.97% 52.34M $25.85B
4 State Street Corporation 4.16% 36.48M $18.02B
5 JPMORGAN CHASE & CO 3.72% 32.66M $16.13B
6 FMR, LLC 2.77% 24.26M $11.99B
7 Geode Capital Management, LLC 2.40% 21.07M $10.41B
8 Vanguard Portfolio Management LLC 2.22% 19.43M $9.60B
9 Price (T.Rowe) Associates Inc 2.12% 18.57M $9.18B
10 Morgan Stanley 1.73% 15.16M $7.49B

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