If you had invested in Mastercard ago, it would be worth $6,716 today, against $4,128 in SPY and $6,186 in QQQ.
Arincen ScoreBeta
Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.
Profitability10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Cash10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Valuation8
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Growth10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Financial strength8
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Shareholders10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Figures to FY2025; the price as of today.
Mastercard key facts
- Style
- Growth stock · 6.9/10Growth 6.9 · Value 4.4 · Dividend 2.1
- Day range
- 641.23 – 659.62
- 52-week range
- 464.52 – 661.34
- Market capitalization
- 568.66B USD
- P/E
- 34.09
- EPS
- 19.15
- Div Yield
- 0.53%
- EPS growth forecast (FY2026)
- +17.8%
- Volume
- 126,391
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- CEO
- Michael Miebach
- Employees
- 40K
- Website
- mastercard.com
- IPO date
- 25 May 2006
Mastercard earnings
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 6.12 | — | — | +15.25% | 11.01B | — | — | +12.23% | |
| Q2 FY2027 | 5.80 | — | — | +15.13% | 10.38B | — | — | +11.89% | |
| Q1 FY2027 | 5.17 | — | — | +12.36% | 9.47B | — | — | +12.74% | |
| Q4 FY2026 | 5.11 | — | — | +7.35% | 9.93B | — | — | +12.72% | |
| Q3 FY2026 | 5.17 | 5.31 | +2.71% | +21.23% | 9.66B | 9.81B | +1.50% | +14.01% | |
| Q2 FY2026 | 4.77 | 5.04 | +5.66% | +21.45% | 9.08B | 9.28B | +2.22% | +14.07% | |
| Q1 FY2026 | 4.41 | 4.60 | +4.31% | +23.32% | 8.26B | 8.40B | +1.68% | +15.83% | |
| Q4 FY2025 | 4.24 | 4.76 | +12.26% | +24.61% | 8.77B | 8.81B | +0.37% | +17.59% | |
| Q3 FY2025 | 4.32 | 4.38 | +1.39% | +12.60% | 8.53B | 8.60B | +0.79% | +16.73% | |
| Q2 FY2025 | 4.03 | 4.15 | +2.98% | +15.60% | 7.93B | 8.13B | +2.57% | +16.84% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 26.86 | — | — | +15.88% | 47.11B | — | — | +11.92% |
| FY2027 | 23.18 | — | — | +15.61% | 42.09B | — | — | +12.57% |
| FY2026 | 20.05 | — | — | +17.80% | 37.39B | — | — | +14.02% |
| FY2025 | 16.48 | 17.02 | +3.25% | +16.50% | 32.76B | 32.79B | +0.08% | +16.42% |
| FY2024 | 14.48 | 14.61 | +0.88% | +19.17% | 28.07B | 28.17B | +0.35% | +12.23% |
| FY2023 | 12.17 | 12.26 | +0.72% | +15.12% | 25.03B | 25.10B | +0.25% | +12.87% |
| FY2022 | 10.54 | 10.65 | +1.08% | +26.63% | 22.19B | 22.24B | +0.21% | +17.76% |
Mastercard analyst forecast
Analysts' 1-year price targets range from 597.00 to 740.00, with an average of 687.73.
| Strong buy | 1 | |
| Buy | 23 | |
| Hold | 2 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 740.00 |
| Average target | 687.73 |
| Lowest target | 597.00 |
| Current price | 652.75 |
Mastercard valuation
- Price to earnings ratio (TTM)
- 34.09
- Forward P/E (FY2026)
- 32.56
- Price to sales (TTM)
- 15.67
- Price to book
- 84.21
- EV / EBITDA (TTM)
- 25.30
Capital structure
Valuation over time
Mastercard against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Visa, American Express, Capital One Financial, and El Paso Energy Capital Trust I PFD CV TR SECS, the US Financial - Credit Services companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Below its median34.127.348.6
- Gross marginAt its median100.0%100.0%100.0%Against its peers: 1 of 5Peers' median 63.9%
- Operating marginHighest in 5 years57.6%53.4%57.6%Against its peers: 2 of 5Peers' median 22.5%
- Net marginAt its median45.6%44.6%46.0%Against its peers: 2 of 5Peers' median 8.5%
- Return on equityAbove its median193.5%118.8%198.5%Against its peers: 1 of 5Peers' median 17.3%
- Free cash flow marginAbove its median50.1%45.8%50.8%Against its peers: 1 of 5Peers' median 28.8%
- Revenue growthAt its median16.4%12.2%23.4%Against its peers: 2 of 5Peers' median 13.5%
- EPS growthAbove its median18.9%15.6%37.5%Against its peers: 2 of 5Peers' median -27.8%
- Debt to EBITDALowest in 5 years0.92×0.92×1.21×Against its peers: 2 of 5Peers' median 5.24×
- Current ratioBelow its median1.031.031.29Against its peers: 1 of 5Peers' median 0.22
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Mastercard growth and profitability
- Revenue (TTM)
- 36.29B USD
- Net income (TTM)
- 16.96B USD
- Gross margin
- 100.00%
- Operating margin
- 58.60%
- Net margin
- 46.73%
Revenue / Net income
Mastercard revenue breakdown
By product
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Payment Network | 19.48B | 59.4% | +12.4% |
| Value-Added Services And Solutions | 13.32B | 40.6% | +22.9% |
By region
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| International Markets | 18.75B | 57.2% | +18.7% |
| Americas | 14.04B | 42.8% | — |
How Mastercard makes its money
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Mastercard dividends
- Annual dividend
- 3.48 USD
- Dividend yield (indicated)
- 0.53%
- Payout ratio
- 18.17%
- Years of dividend growth
- 15
- Frequency
- Quarterly
- Last payment
- 0.87 USD
- Last ex-dividend date
- 9 Oct 2026
- Last payment date
- 9 Nov 2026
Dividends per share
Mastercard financial health
- Cash and short-term investments
- 10.46B USD
- Total debt
- 23.94B USD
- Net cash
- -13.47B USD
- Free cash flow (TTM)
- 15.43B USD
- Current ratio
- 1.01
- Debt to equity
- 3.54
- Piotroski score
- 5 / 9
- Altman Z-score
- 10.90
Cash, debt and free cash flow
Mastercard ownership
- Institutions
- 87.36%
- Institutional holders
- 3,741 (+12)
- Free float
- 99.12%
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 3 | 0.00 | 1.84K |
| Q3 2026 | 0 | 47 | 82.89K | 187.50K |
| Q2 2026 | 0 | 0 | 5.27K | 1.74K |
| Q1 2026 | 0 | 23 | 295.19K | 91.14K |
Shares outstanding
Source: Financial Modeling Prep








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