Mastercard Incorporated
MANYSE
$627.38
Last price · USD
- Market cap
- $563.4B
- P/E
- 38.0x
- EV / EBITDA
- 27.8x
- P/S
- 17.2x
- FCF yield
- 2.9%
- Div. yield
- 0.49%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Revenue
$32.79B
+16.4%
4Y CAGR +14.8%
Gross profit
$32.79B
+16.4%
4Y CAGR +14.8%
Operating income
$18.90B
+15.7%
4Y CAGR +17.0%
Net income
$14.97B
+16.3%
4Y CAGR +14.6%
EPS (diluted)
$16.52
+18.9%
4Y CAGR +17.2%
Free cash flow
$16.43B
+14.9%
4Y CAGR +17.4%
Revenue & net income
Fiscal 2021–2025 · USD
RevenueNet income
Valuation
At $627.38 · FY2025 fundamentals
- Market cap
- $563.4B
- Enterprise value
- $571.8B
- P/E
- 38.0x
- P/S
- 17.2x
- P/B
- 72.8x
- EV / EBITDA
- 27.8x
- EV / Sales
- 17.4x
- Earnings yield
- 2.7%
- FCF yield
- 2.9%
- Shareholder yield
- 2.6%
Profitability
Margins as a share of revenue
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Gross margin | 100.0%+0.0pp | 100.0% | |
| Operating margin | 57.6%+4.2pp | 53.4% | |
| EBITDA margin | 62.7%+1.9pp | 60.7% | |
| Net margin | 45.6%-0.4pp | 46.0% | |
| FCF margin | 50.1%+4.3pp | 45.8% |
Returns & financial health
FY2025 with 4-year trend
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Return on equity | 193.5% | 118.8% | |
| Return on invested capital | 94.2% | 61.6% | |
| Return on assets | 27.6% | 23.1% | |
| Debt / equity | 2.46x | 1.90x | |
| Net debt / EBITDA | 0.41x | 0.57x | |
| Current ratio | 1.03x | 1.29x |
Cash & equivalents
$10.57B
Total debt
$19.00B
Capital allocation
How MA used its cash in FY2025
- Operating cash flow
- $17.65B
- Capital expenditure
- $1.22B
- Dividends paid
- $2.76B
- Share repurchases
- $11.73B
- Stock-based compensation
- $597M
- Diluted shares
- 898.0M
- Share count change (4Y)
- -9.5%
Analyst estimates
Consensus for upcoming fiscal years
| Fiscal year | Revenue | Growth | EPS | Growth |
|---|---|---|---|---|
| FY2025 actual | $32.79B | $16.52 | ||
| FY2026E25 analysts | $37.29B | +13.7% | $19.96 | +20.8% |
| FY2027E26 analysts | $41.97B | +12.6% | $23.10 | +15.8% |
| FY2028E16 analysts | $46.98B | +11.9% | $26.87 | +16.3% |
About Mastercard Incorporated
Financial Services · Financial - Credit Services
Mastercard Incorporated is a global technology firm specializing in providing transaction processing and a wide array of payment solutions, operating across the United States and internationally. Its core business centers on enabling the entire payment transaction lifecycle – including authorization, clearing, and settlement – alongside offering a spectrum of complementary payment services. The company provides a comprehensive suite of integrated products and value-added services to a diverse clientele, which includes individual account holders, merchants, financial institutions, businesses, governments, and other organizations.
mastercard.com- Sector
- Financial Services
- Industry
- Financial - Credit Services
- CEO
- Michael Miebach
- Employees
- 39,800
- Headquarters
- Purchase, NY, US
- IPO date
- 2006-05-25
Mastercard Incorporated (MA) — frequently asked questions
Answered from the company's SEC filings
Mastercard Incorporated is a global technology firm specializing in providing transaction processing and a wide array of payment solutions, operating across the United States and internationally. Its core business centers on enabling the entire payment transaction lifecycle – including authorization, clearing, and settlement – alongside offering a spectrum of complementary payment services.
Explore the full income statement, balance sheet and cash flow statement. Not investment advice.