Mastercard Incorporated MA SPX
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.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
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
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
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).
| # | Name | CMP $ | P/E | Mkt Cap | Div 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% |
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | 5.07B | 5.35B | 5.63B | - | 5.63B | 6.07B | 6.56B | - | 6.16B | 5.09B | 5.93B | 6.43B | 7.22B | 7.83B | 8.03B | 8.70B | 9.17B | - | - | - | - | - | - | - | 7.25B | 8.13B | 8.60B | 8.81B | 8.40B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.69B | 1.85B | 1.89B | 1.82B | 2.04B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.56B | 6.28B | 6.71B | 6.99B | 6.36B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.26B | 1.37B | 1.54B | 1.86B | 1.40B |
| Operating Income | 1.25B | 1.37B | 1.11B | 1.35B | 1.38B | 1.67B | 1.36B | 1.51B | 1.65B | 1.94B | 1.52B | 1.82B | 1.94B | 2.29B | 1.23B | 2.21B | 2.40B | 2.65B | 2.40B | 2.21B | 1.71B | 2.10B | 2.20B | 2.34B | 2.72B | 2.95B | 3.02B | 3.11B | 3.14B | 3.66B | 3.84B | 3.60B | 4.04B | 4.00B | - | 4.30B | 4.91B | 5.17B | 5.13B | 4.96B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.49B | 5.15B | 5.47B | 5.33B | 5.30B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 182.00M | 195.00M | 186.00M | 159.00M | 185.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.03B | 4.67B | 5.00B | 4.88B | 4.81B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 751.00M | 971.00M | 1.07B | 816.00M | 930.00M |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.28B | 3.70B | 3.93B | 4.06B | 3.88B |
| Diluted EPS | 0.81 | 0.86 | 0.79 | 0.86 | 0.89 | 1.08 | 0.86 | 1.00 | 1.10 | 1.34 | 0.21 | 1.41 | 1.50 | 1.82 | 0.87 | 1.80 | 2.00 | 2.07 | 2.07 | 1.68 | 1.41 | 1.51 | 1.83 | 2.08 | 2.44 | 2.68 | 2.34 | 2.58 | 2.47 | 3.00 | 3.39 | 3.22 | 3.50 | 3.53 | - | 3.59 | 4.07 | 4.34 | 4.52 | 4.35 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | 21.83B | 24.98B | 23.62B | 29.84B | 22.24B | 25.10B | 28.17B | 32.79B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.26B | 6.02B | 6.67B | 7.25B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16.97B | 19.08B | 21.49B | 25.54B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.25B | 4.45B | 5.17B | 6.03B |
| Operating Income | 1.11B | -534.00M | 2.26B | 2.75B | 2.71B | 3.94B | 4.50B | 5.11B | 5.08B | 5.76B | 6.62B | 7.28B | 9.66B | 8.08B | 10.08B | 12.72B | 14.63B | 16.33B | 19.51B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.95B | 15.01B | 16.80B | 20.44B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 471.00M | 575.00M | 646.00M | 722.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.73B | 13.64B | 15.25B | 18.58B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.80B | 2.44B | 2.38B | 3.61B |
| Net Income | 1.09B | -254.00M | 1.46B | 1.85B | 1.91B | 2.76B | 3.12B | - | - | - | - | - | - | - | - | 9.93B | 11.20B | 12.87B | 14.97B |
| Diluted EPS | 7.96 | -1.94 | 11.16 | 14.05 | 1.48 | 2.19 | 2.56 | 3.10 | 3.35 | 3.69 | 3.65 | 5.60 | 7.94 | 6.37 | 8.76 | 10.22 | 11.83 | 13.89 | 16.52 |
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 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Sep 2014 | Dec 2014 | Sep 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 6.48B | 7.47B | 8.84B | 10.69B | 12.46B | 14.24B | - | 15.33B | - | 16.25B | 18.68B | 21.33B | 24.86B | 29.24B | 33.58B | - | 38.72B | 42.45B | 48.08B | 54.16B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16.61B | 18.96B | 19.72B | 23.56B |
| Cash & Equivalents | 1.19B | 1.66B | 1.50B | 2.06B | 3.07B | 3.73B | 2.05B | 3.60B | 5.14B | 5.14B | 5.75B | 5.75B | 6.72B | 5.93B | 6.68B | 6.99B | 10.11B | - | 7.01B | 8.59B | 8.44B | 10.57B |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.42B | 4.06B | 3.77B | 4.61B |
| Total Liabilities | - | - | 4.54B | 3.96B | 3.62B | 4.82B | 5.53B | 6.75B | - | 8.51B | - | 10.19B | 12.99B | 15.76B | 19.37B | 23.25B | 27.07B | - | 32.35B | 35.45B | 41.57B | 46.41B |
| Current Liabilities | - | - | 2.99B | 3.17B | 3.14B | 4.22B | 4.91B | 6.03B | - | 6.22B | - | 6.27B | 7.21B | 8.79B | 11.59B | 11.90B | 11.85B | - | 14.17B | 16.26B | 19.22B | 22.76B |
| Long Term Debt | - | - | 19.39M | 22.00M | - | - | - | 0 | - | 1.49B | - | 3.27B | 5.18B | 5.42B | 5.83B | 8.53B | 12.02B | - | 13.75B | 14.34B | 17.48B | 18.25B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.02B | 15.68B | 18.23B | 19.00B |
| Total Equity | - | - | 1.93B | 3.50B | 5.21B | 5.87B | 6.92B | 7.48B | - | 6.79B | - | 6.03B | 5.66B | 5.47B | 5.39B | 5.89B | 6.39B | - | 6.30B | 6.93B | 6.49B | 7.74B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.41B | 1.41B | 1.41B | 1.41B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 769.86M | 413.00M | 1.38B | 1.70B | 2.68B | 2.95B | 4.13B | 3.41B | 4.10B | 4.64B | 5.66B | 6.22B | 8.18B | 7.22B | 9.46B | 11.20B | 11.98B | 14.78B | 17.65B |
| Investing Cash Flow | 315.14M | 202.00M | -664.00M | -641.00M | -748.00M | -2.84B | -4.00M | 690.00M | -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 | -185.00M | 19.00M | -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 | 688.27M | 337.00M | 1.32B | 1.64B | 2.61B | 2.85B | 3.98B | 3.23B | 3.92B | 4.42B | 5.36B | 5.89B | 7.76B | 6.88B | 9.06B | 10.10B | 10.89B | 13.59B | 16.43B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -603.00M | 1.14B | 542.00M | 2.11B |
| Share Buybacks | 600.53M | 649.00M | 0 | 0 | 1.15B | 1.75B | 2.44B | 3.39B | 3.52B | 3.51B | 3.76B | 4.93B | 6.50B | 4.47B | 5.90B | 8.75B | 9.03B | 10.95B | 11.73B |
| Dividends Paid | 74.00M | 79.00M | 79.00M | 79.00M | 77.00M | 132.00M | 255.00M | 515.00M | 727.00M | 837.00M | 942.00M | 1.04B | 1.34B | 1.60B | 1.74B | 1.90B | 2.16B | 2.45B | 2.76B |
Ratios (Annual)
Figures in %.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 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
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 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 |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for MA