Saturday 17 October 2026 Export MA’s income statement to Excel — free account

Mastercard Incorporated

Mastercard Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $32.8 billion, up 16.4% from fiscal 2024. In the quarter to June 2026, revenue grew 14.1%, EPS grew 22.1%, free cash flow fell 25.0% and total debt rose 29.9%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for five.

617.42 1.10 +0.18%

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Market cap: $539.9B
P/E: 33.9×
Fwd P/E: 25.4×
Dividend yield: 0.56%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16
Piotroski F-Score Full definition →	8	6	7	7	7	5	6	7	6	6
P/E ratio Full definition →	34.47	37.83	35.54	33.83	40.83	55.86	37.42	33.57	41.62	28.56
P/S ratio Full definition →	15.76	17.29	15.87	15.10	18.80	23.37	17.99	13.14	12.97	10.74
P/FCF ratio Full definition →	31.44	35.85	36.56	33.24	41.05	54.89	40.73	34.34	30.93	27.20
P/Operating CF Full definition →	103.29	100.76	96.43	108.29	111.32	158.75	101.90	147.44	88.91	105.78
P/B ratio Full definition →	66.70	74.76	57.10	52.82	48.08	55.13	51.32	36.25	29.49	20.36
Price to Tangible BV Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	633.96	128.95	120.78	36.09
EV/Sales Full definition →	15.99	17.61	16.13	15.37	19.09	23.47	18.01	12.96	12.74	10.40
EV/EBITDA Full definition →	23.68	27.09	24.64	23.41	29.59	36.90	26.84	21.59	19.75	16.02
EV/Operating CF Full definition →	29.70	33.56	33.78	30.53	38.09	49.72	37.16	31.14	28.10	24.16
EV/FCF Full definition →	31.90	36.51	37.16	33.84	41.67	55.12	40.78	33.88	30.37	26.33
Quick Ratio Full definition →	0.71	0.68	0.82	0.81	0.87	1.17	0.91	0.97	1.17	1.43
Current Ratio Full definition →	1.04	1.03	1.17	1.17	1.29	1.61	1.42	1.39	1.57	1.84
Net Debt/EBITDA Full definition →	0.34	0.49	0.39	0.41	0.45	0.15	0.03	(0.29)	(0.36)	(0.53)
Debt/Assets Full definition →	35.08%	37.91%	36.94%	36.21%	36.90%	37.73%	29.53%	25.48%	25.43%	27.74%
Debt/Equity Full definition →	2.45	2.80	2.25	2.21	1.88	1.95	1.46	1.17	0.99	0.91
Asset Turnover Full definition →	0.64	0.62	0.62	0.58	0.53	0.49	0.62	0.65	0.62	0.62
Operating CF/Net income Full definition →	1.18	1.15	1.07	1.13	1.09	1.13	1.01	1.06	1.45	1.14
Capex/Depreciation Full definition →	(0.37)	(0.44)	(0.45)	(0.47)	(0.39)	(0.43)	(0.44)	(0.30)	(0.29)	(0.31)
Interest Coverage Full definition →	26.17	24.12	24.36	26.04	23.39	21.27	43.14	39.15	43.00	60.64
ROE Full definition →	209.92%	190.87%	167.95%	144.55%	125.25%	103.36%	143.24%	107.36%	70.03%	69.11%
ROA Full definition →	29.28%	28.44%	27.58%	26.00%	24.38%	20.41%	30.01%	25.37%	19.57%	23.24%
ROIC Full definition →	77.26%	62.92%	65.12%	61.90%	49.21%	63.31%	96.03%	161.33%	159.61%	181.30%
Return on Tangible Assets Full definition →	482.99%	487.28%	235.29%	223.60%	152.56%	69.93%	118.93%	106.55%	67.12%	60.09%
Average Days of Receivables Full definition →	51.30	48.89	59.04	56.22	58.10	63.12	54.35	55.57	57.51	47.96
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	37.35%	39.08%	38.86%	39.87%	42.27%	42.92%	39.67%	40.68%	43.40%	41.99%
Intangible Assets out of Total Assets Full definition →	0.28	0.30	0.28	0.29	0.30	0.20	0.19	0.16	0.19	0.13
Share Based Compensation of Revenue Full definition →	1.82%	1.87%	1.83%	1.33%	1.45%	1.66%	1.48%	1.31%	1.41%	1.38%
Graham Net Nets Full definition →	(0.04)	(0.04)	(0.04)	(0.05)	(0.04)	(0.02)	(0.02)	(0.02)	(0.01)	0.00
Graham Number Full definition →	56.47	46.97	44.42	38.91	38.47	30.51	32.32	25.65	20.57	20.73
Earnings Yield Full definition →	2.90%	2.64%	2.81%	2.96%	2.45%	1.79%	2.67%	2.98%	2.40%	3.50%
Free Cash Flow Yield Full definition →	3.18%	2.79%	2.73%	3.01%	2.44%	1.82%	2.45%	2.91%	3.23%	3.68%
Revenue per Share Full definition →	36.23	30.45	26.59	22.97	19.11	15.27	16.60	14.36	11.71	9.81
Operating CF per Share Full definition →	19.50	15.98	12.69	11.57	9.58	7.21	8.05	5.98	5.31	4.22
Capex per Share Full definition →	(1.34)	(1.29)	(1.15)	(1.13)	(0.82)	(0.71)	(0.72)	(0.48)	(0.40)	(0.35)
Free Cash Flow per Share Full definition →	18.16	14.69	11.54	10.43	8.75	6.50	7.33	5.49	4.91	3.88
Cash per Share Full definition →	12.66	10.02	9.76	8.26	8.58	11.16	8.12	8.58	7.81	8.09
Shareholders Equity per Share Full definition →	8.56	7.04	7.39	6.57	7.47	6.48	5.82	5.20	5.15	5.18
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	8.56	7.04	7.39	6.57	7.47	6.48	5.82	5.20	5.15	5.18
Free Cash Flow Full definition →	16,433.00	13,586.00	10,892.00	10,098.00	8,649.00	6,516.00	7,455.00	5,719.00	5,241.00	4,255.00
Working Capital Full definition →	796.00	504.00	2,697.00	2,435.00	3,787.00	7,266.00	4,998.00	4,578.00	5,004.00	6,022.00
Capital Expenditures Full definition →	(1,215.00)	(1,194.00)	(1,088.00)	(1,097.00)	(814.00)	(708.00)	(728.00)	(504.00)	(423.00)	(382.00)
Net Current Asset Value Full definition →	(22,853.00)	(21,842.00)	(16,512.00)	(15,762.00)	(13,337.00)	(7,983.00)	(6,417.00)	(3,271.00)	(2,035.00)	237.00
EV/EBIT Full definition →	27.74	31.83	28.89	27.86	35.75	44.44	31.46	26.61	24.04	19.44
Capex to Sales Full definition →	0.04	0.04	0.04	0.05	0.04	0.05	0.04	0.03	0.03	0.04
Price to Operating Income Full definition →	27.34	31.26	28.43	27.37	35.21	44.26	31.42	26.97	24.48	20.09
Other line items
Depreciation/Fixed assets Full definition →	1.41	1.28	1.17	1.16	1.10	0.87	0.91	1.84	1.73	1.68
Cash ROIC Full definition →	43.01%	39.95%	34.18%	35.59%	29.06%	21.48%	32.68%	27.65%	27.23%	21.55%
Accounts Receivable Turnover Full definition →	7.82	7.19	6.71	6.92	6.68	5.93	7.05	7.04	7.38	8.64
Accounts Payable Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover Full definition →	—	—	—	0.00	0.00	0.00	0.00	0.00	—	—
Average Days of Payables Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days of Inventory on Hand Full definition →	—	—	—	0.00	0.00	0.00	0.00	0.00	—	—
Average Receivables Full definition →	4,191.00	3,916.50	3,742.50	3,215.50	2,826.00	2,580.00	2,395.00	2,122.50	1,692.50	1,247.50
Average Payables Full definition →	964.00	881.50	880.00	832.00	632.50	508.00	513.00	735.00	771.00	540.50
Average Assets Full definition →	51,119.00	45,264.50	40,586.00	38,196.50	35,626.50	31,410.00	27,048.00	23,094.50	20,002.00	17,462.50
Average Common Equity Full definition →	7,130.50	6,745.00	6,665.50	6,869.50	6,935.50	6,202.50	5,667.50	5,457.50	5,590.50	5,873.00

Fold the line items

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