Mastercard Incorporated

MA

Financial Credit Services

Mastercard Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $32.8 billion, up 16.4% from fiscal 2024.

Revenue
+14.0%
EPS
+21.6%
Free cash flow
−10.3%
Total debt
+26.1%

Quarter to September 2026, against a year earlier

661.19 8.59 +1.32%
Market cap
$568.5B
P/E
34.5×
Fwd P/E
33.7×
Dividend yield
0.53%
F-score
8/9
ROIC
67.6%
Net debt / EBITDA
0.3×
Dividend safety
n/a

Mastercard Incorporated 10-Q filed Jul 31, 2025

Fiscal Q2 2025 · Period ended Jun 30, 2025 · Filed · accepted 10:16 AM ET · Document on sec.gov · Filing index

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed May 1, 2025: 7 added · 36 modified; 15 with only figures updated; 3 moved without change

  1. Modified

    The following supplements management's discussion and analysis of Mastercard Incorporated for the year ended December 31, 2024 as contained in the Company's 2024 Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on February 12, 2025 (“2024 Form 10-K”). It also should be read in conjunction with the consolidated financial statements and notes of Mastercard Incorporated and its consolidated subsidiaries, including Mastercard International Incorporated (together, “Mastercard” or the “Company”), included elsewhere in this Report. Percentage changes provided throughout “Management’s Discussion and Analysis of Financial Condition and Results of Operations” were calculated on amounts rounded to the nearest thousand.