Mastercard Inc
Mastercard Inc
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Common Class A | 877 | 885 | 891 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Class B | 7 | 7 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 7,906 | 10,566 | 10,313 | 9,031 | 7,575 | 8,442 | 11,063 | 6,996 | 7,293 | 8,588 | 6,890 | 6,170 | |||||
Restricted Cash And Cash Equivalents At Carrying V… | 551 | 561 | 478 | 542 | 507 | 492 | - | - | - | 32 | 0 | 598 | |||||
Deposits Assets Current | 2,307 | 2,121 | 2,054 | 1,999 | 1,900 | 1,874 | 1,868 | 1,772 | 1,861 | 1,845 | 1,824 | 1,723 | |||||
Investments | 313 | 332 | 335 | 336 | 319 | 330 | 338 | 362 | 364 | 592 | 602 | 344 | |||||
Accounts Receivable Net Current | 4,720 | 4,609 | 4,247 | 4,184 | 3,965 | 3,773 | 4,014 | 4,195 | 4,231 | 4,060 | 3,925 | 3,763 | |||||
Prepaid Expense And Other Assets Current | 4,639 | 3,743 | 3,954 | 3,630 | 3,419 | 2,992 | 3,039 | 2,941 | 3,028 | 2,611 | 2,624 | 2,554 | |||||
Assets Current | 22,498 | 23,558 | 23,223 | 22,140 | 19,804 | 19,724 | 22,300 | 17,780 | 18,424 | 18,961 | 16,983 | 16,530 | |||||
Property Plant And Equipment And Finance Lease Rig… | - | 2,303 | - | - | - | 2,138 | - | - | - | 2,061 | - | - | |||||
Property Plant And Equipment Net | 2,349 | - | 2,299 | 2,225 | 2,171 | - | 2,176 | 2,148 | 2,077 | - | 1,972 | 1,986 | |||||
Deferred Income Tax Assets Net | 1,396 | 1,567 | 1,546 | 1,570 | 1,575 | 1,614 | 1,612 | 1,423 | 1,329 | 1,355 | 1,370 | 1,121 | |||||
Goodwill | 9,525 | 9,560 | 9,574 | 9,598 | 9,352 | 9,193 | 7,721 | 7,563 | 7,545 | 7,660 | 7,488 | 7,579 | |||||
Intangible Assets Net Excluding Goodwill | 5,495 | 5,554 | 5,591 | 5,629 | 5,533 | 5,453 | 4,235 | 4,149 | 4,123 | 4,086 | 4,022 | 4,049 | |||||
Other Assets Noncurrent | 11,186 | 11,615 | 11,056 | 10,269 | 10,035 | 9,959 | 9,193 | 9,270 | 9,104 | 8,325 | 7,839 | 7,739 | |||||
Assets | 52,449 | 54,157 | 53,289 | 51,431 | 48,470 | 48,081 | 47,237 | 42,333 | 42,602 | 42,448 | 39,674 | 39,004 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 1,030 | 999 | 935 | 818 | 993 | 929 | 911 | 835 | 790 | 834 | 589 | 643 | |||||
Contract With Customer Liability Current | - | - | - | 1,999 | 1,900 | - | 1,868 | 1,772 | 1,861 | - | 1,824 | 1,723 | |||||
Deposit Liability Current | - | 2,121 | - | - | - | 1,874 | - | - | - | 1,845 | - | - | |||||
Litigation Reserve Current | 339 | 800 | 943 | 1,035 | 1,057 | 930 | 665 | 525 | 595 | 723 | 475 | 1,079 | |||||
Accrued Liabilities Current | 12,327 | 13,272 | 11,979 | 10,116 | 9,263 | 10,393 | 9,105 | 8,007 | 8,062 | 8,517 | 7,775 | 7,117 | |||||
Long Term Debt Current | 1,748 | 749 | 0 | 0 | 0 | 750 | 750 | 1,086 | 2,086 | 1,337 | 1,337 | 1,336 | |||||
Other Liabilities Current | 2,639 | 2,412 | 2,360 | 2,385 | 2,174 | 2,028 | 1,866 | 1,775 | 1,687 | 1,609 | 1,527 | 1,596 | |||||
Liabilities Current | 22,934 | 22,762 | 20,693 | 19,029 | 17,828 | 19,220 | 17,294 | 15,594 | 16,905 | 16,264 | 14,519 | 14,636 | |||||
Long Term Debt Noncurrent | 17,212 | 18,251 | 18,983 | 18,970 | 18,802 | 17,476 | 17,608 | 14,519 | 13,543 | 14,344 | 14,229 | 14,284 | |||||
Deferred Income Tax Liabilities Net | 331 | 307 | 326 | 361 | 315 | 317 | 349 | 337 | 345 | 369 | 385 | 395 | |||||
Other Liabilities Noncurrent | 5,250 | 5,091 | 5,368 | 5,197 | 4,829 | 4,553 | 4,488 | 4,401 | 4,501 | 4,474 | 4,160 | 4,110 | |||||
Liabilities | 45,727 | 46,411 | 45,370 | 43,557 | 41,774 | 41,566 | 39,739 | 34,851 | 35,294 | 35,451 | 33,293 | 33,425 | |||||
Redeemable Noncontrolling Interest Equity Fair Val… | - | - | - | - | - | 0 | 23 | 22 | 22 | 22 | 21 | 22 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Additional Paid In Capital | 6,843 | 6,907 | 6,757 | 6,562 | 6,326 | 6,442 | 6,290 | 6,089 | 5,920 | 5,893 | 5,791 | 5,622 | |||||
Treasury Stock Value | -87,342 | -83,224 | -79,670 | -76,299 | -73,995 | -71,431 | -68,035 | -65,067 | -62,434 | -60,429 | -58,573 | -56,659 | |||||
Retained Earnings Accumulated Deficit | 88,146 | 85,035 | 81,752 | 78,509 | 75,495 | 72,907 | 70,258 | 67,604 | 64,959 | 62,564 | 60,390 | 57,730 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -928 | -981 | -935 | -919 | -1,155 | -1,433 | -1,073 | -1,205 | -1,202 | -1,099 | -1,297 | -1,189 | |||||
Stockholders Equity | 6,719 | 7,737 | 7,904 | 7,853 | 6,671 | 6,515 | 7,440 | 7,460 | 7,243 | 6,975 | 6,360 | 5,557 | |||||
Minority Interest | 3 | 9 | 15 | 21 | 25 | 30 | 35 | 39 | 43 | 46 | 49 | 53 | |||||
Liabilities And Stockholders Equity | 52,449 | 54,157 | 53,289 | 51,431 | 48,470 | 48,081 | 47,237 | 42,333 | 42,602 | 42,448 | 39,674 | 39,004 | |||||
Accumulated Depreciation Depletion And Amortizatio… | 2,818 | - | 2,656 | 2,625 | 2,501 | - | 2,435 | 2,373 | 2,304 | - | 2,140 | 2,082 | |||||
Finite Lived Intangible Assets Accumulated Amortiz… | 3,242 | - | 2,927 | 2,816 | 2,565 | - | 2,453 | 2,290 | 2,284 | - | 2,137 | 2,087 | |||||
Treasury Stock Common Shares | 526 | 518 | 512 | 506 | 502 | 497 | 491 | 485 | 479 | 475 | 470 | 465 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.87% | -2.61% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 3.10% | -2.50% | 1.24% | 5.74% | 3.12% | -0.84% | -2.40% | 3.35% | -2.42% | -2.81% | -8.19% | -7.66% |
| 2024 | 2.06% | 2.89% | 0.52% | 0.59% | 6.26% | 11.50% | 4.26% | 5.69% | 5.18% | -3.16% | -13.25% | -0.77% |
| 2023 | - | - | - | -0.59% | 5.02% | 1.04% | 9.79% | 14.81% | 17.88% | 1.91% | 3.62% | -3.53% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.98 | 1.03 | 1.12 | 1.16 | 1.11 | 1.03 | 1.29 | 1.14 | 1.09 | 1.17 | 1.17 | 1.13 | |||||
| Quick Ratio | 0.78 | 0.87 | 0.93 | 0.97 | 0.92 | 0.87 | 1.11 | 0.95 | 0.91 | 1.01 | 0.99 | 0.95 | |||||
| Working Capital | -436.00M | 796.00M | 2.53B | 3.11B | 1.98B | 504.00M | 5.01B | 2.19B | 1.52B | 2.70B | 2.46B | 1.89B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 6.81 | 5.99 | 5.74 | 5.55 | 6.26 | 6.38 | 5.34 | 4.67 | 4.87 | 5.08 | 5.23 | 6.01 | |||||
| Interest Coverage TTM | 27.11 | 26.17 | 24.00 | 23.43 | 23.79 | 24.12 | 24.62 | 24.68 | 24.41 | 24.36 | 24.95 | 25.02 | |||||
| Debt Ratio | 0.87 | 0.86 | 0.85 | 0.85 | 0.86 | 0.86 | 0.84 | 0.82 | 0.83 | 0.84 | 0.84 | 0.86 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.67 | 0.64 | 0.63 | 0.65 | 0.64 | 0.62 | 0.63 | 0.65 | 0.63 | 0.62 | 0.63 | 0.63 | |||||
| Days Sales Outstanding TTM | 46.70 | 46.65 | 47.90 | 50.57 | 51.46 | 50.75 | 53.22 | 55.03 | 54.98 | 54.43 | 53.12 | 53.67 | |||||
| Receivables Turnover TTM | 7.82 | 7.82 | 7.62 | 7.22 | 7.09 | 7.19 | 6.86 | 6.63 | 6.64 | 6.71 | 6.87 | 6.80 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 17.44 | 16.52 | 15.75 | 14.95 | 14.38 | 13.89 | 13.32 | 13.18 | 12.67 | 11.83 | 11.59 | 10.78 | |||||
| Free Cash Flow Per Share TTM | 19.96 | 18.96 | 18.83 | 18.23 | 16.46 | 15.47 | 14.76 | 12.62 | 12.13 | 12.30 | 11.19 | 11.78 | |||||
| Dividend Per Share TTM | 3.19 | 3.05 | 2.97 | 2.87 | 2.77 | 2.65 | 2.57 | 2.48 | 2.39 | 2.29 | 2.23 | 2.15 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | - | - | - | - | - | - | 102.24% | 102.28% | 102.31% | 102.29% | 102.27% | 102.22% | |||||
| Operating Profit Margin TTM | 57.91% | 57.63% | 56.95% | 55.78% | 55.48% | 55.32% | 55.15% | 56.29% | 56.33% | 55.81% | 56.72% | 55.48% | |||||
| Net Profit Margin TTM | 45.88% | 45.65% | 45.28% | 44.93% | 45.21% | 45.71% | 45.26% | 46.45% | 46.09% | 44.61% | 44.85% | 43.37% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 16.75% | 16.42% | 15.60% | 14.59% | 13.12% | 12.23% | 11.73% | 11.87% | 12.62% | 12.87% | 12.62% | 13.06% | |||||
| Net Income Growth (1Y) | 18.47% | 16.27% | 15.64% | 10.83% | 10.96% | 15.00% | 12.76% | 19.82% | 22.62% | 12.74% | 11.70% | 5.47% | |||||
| EPS Growth (1Y) | 21.26% | 18.83% | 18.20% | 13.40% | 13.51% | 17.36% | 14.95% | 22.02% | 25.25% | 15.61% | 14.55% | 8.26% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 28.50 | 34.35 | 35.82 | 37.27 | 37.69 | 37.43 | 36.55 | 32.99 | 37.37 | 35.38 | 33.49 | 35.68 | |||||
| P/B TTM | 66.04 | 66.37 | 64.58 | 64.48 | 74.25 | 73.97 | 60.53 | 54.21 | 61.12 | 56.79 | 57.54 | 65.67 | |||||
| P/S TTM | 13.07 | 15.68 | 16.22 | 16.75 | 17.04 | 17.11 | 16.54 | 15.32 | 17.23 | 15.78 | 15.02 | 15.47 | |||||
| Market Cap | 443.69B | 514.12B | 510.45B | 506.40B | 495.33B | 481.93B | 450.36B | 404.37B | 442.70B | 396.08B | 365.96B | 364.96B | |||||
| Enterprise Value | 451.89B | 519.88B | 516.59B | 513.79B | 504.15B | 489.35B | 455.75B | 411.17B | 449.14B | 401.30B | 372.79B | 372.05B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 17.78B | 17.16B | 17.01B | 16.55B | 15.01B | 14.31B | 13.62B | 11.72B | 11.32B | 11.61B | 10.53B | 11.14B | |||||
| Net Debt | 8.20B | 5.75B | 6.14B | 7.40B | 8.82B | 7.42B | 5.39B | 6.80B | 6.44B | 5.22B | 6.82B | 7.10B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Institutional Ownership
Mastercard Inc (MA) — SEC Financial Statements & Analysis
Mastercard Inc (MA) is a services-business services, nec company, incorporated in DE. Mastercard Inc trades on MA: NYSE as: MA. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Mastercard Inc reported a 16.75% year-over-year revenue growth, a Gross Profit Margin of 102.24% (TTM), a Debt-to-Equity ratio of 6.81x, a Price-to-Sales (P/S) ratio of 13.07x (TTM), a Price-to-Book (P/B) ratio of 66.04 (TTM), at a market cap of $443.69B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 16.75%
- Gross Profit Margin TTM
- 102.24%
- Debt To Equity
- 6.81x
- P/S TTM
- 13.07x
- P/B TTM
- 66.04
- Market Cap
- $443.69B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Mastercard Inc in?
Mastercard Inc (MA) operates in the Services-Business Services, NEC industry.
What is MA's market cap?
Mastercard Inc (MA) has a market capitalization of $443.69B as of 2026-03-31.
What is MA's P/E ratio?
Mastercard Inc (MA)'s trailing twelve month P/E ratio is 28.50x as of 2026-03-31.
What exchange does MA trade on?
Mastercard Inc (MA) trades on the MA: NYSE.
Where is Mastercard Inc incorporated?
Mastercard Inc is incorporated in DE.