Friday 6 November 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.

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

Quarter to September 2026, against a year earlier

657.82 1.90 +0.29%

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Market cap: $571.4B
P/E: 34.2×
Fwd P/E: 32.5×
Dividend yield: 0.53%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Older periods	Dec '25	Mar '26	Jun '26	Sep '26
P/E ratio Full definition →	+8 more quarters Free account	34.47	28.87	28.20	28.80
P/S ratio Full definition →		15.76	13.12	12.91	13.30
P/FCF ratio Full definition →		31.44	26.07	28.36	31.27
P/Operating CF Full definition →		103.29	148.45	120.06	94.86
P/B ratio Full definition →		66.70	66.23	80.81	71.59
Price to Tangible BV Full definition →		0.00	0.00	0.00	0.00
EV/Sales Full definition →		15.99	13.42	13.27	—
EV/EBITDA Full definition →		23.68	19.74	19.34	—
EV/Operating CF Full definition →		29.70	24.93	26.70	—
EV/FCF Full definition →		31.90	26.67	29.14	—
Quick Ratio Full definition →		0.71	0.59	0.69	0.67
Current Ratio Full definition →		1.04	0.98	1.06	1.01
Net Debt/EBITDA Full definition →		1.30	1.75	1.90	1.87
Debt/Assets Full definition →		35.08%	36.15%	42.72%	41.17%
Debt/Equity Full definition →		2.45	2.82	4.40	3.55
Asset Turnover Full definition →		0.64	0.67	0.64	0.65
Operating CF/Net income Full definition →		1.23	0.77	0.86	1.10
Capex/Depreciation Full definition →		(0.33)	(0.36)	(0.48)	(0.31)
Interest Coverage Full definition →		30.88	26.52	25.63	23.45
Research and Development Expense of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →		38.89%	38.01%	35.56%	36.15%
Intangible Assets out of Total Assets Full definition →		0.28	0.29	0.26	0.28
Share Based Compensation of Revenue Full definition →		1.27%	1.62%	2.05%	2.03%
Graham Net Nets Full definition →		(0.04)	(0.05)	(0.06)	(0.06)
Graham Number Full definition →		56.47	54.21	51.03	57.61
Earnings Yield Full definition →		2.90%	3.46%	3.55%	3.47%
Free Cash Flow Yield Full definition →		3.18%	3.84%	3.53%	3.20%
Revenue per Share Full definition →		9.73	9.43	10.52	11.21
Operating CF per Share Full definition →		5.53	3.37	4.28	5.81
Capex per Share Full definition →		(0.32)	(0.38)	(0.54)	(0.37)
Free Cash Flow per Share Full definition →		5.21	2.99	3.74	5.44
Cash per Share Full definition →		12.66	9.84	13.72	12.60
Shareholders Equity per Share Full definition →		8.56	7.54	6.36	7.70
Interest Debt per Share Full definition →		0.00	0.00	0.00	0.00
Book value per Share Full definition →		8.56	7.54	6.36	7.70
Free Cash Flow Full definition →		4,712.00	2,664.00	3,295.00	4,759.00
Working Capital Full definition →		796.00	(436.00)	1,518.00	284.00
Capital Expenditures Full definition →		(290.00)	(335.00)	(478.00)	(328.00)
Net Current Asset Value Full definition →		(22,853.00)	(23,229.00)	(25,563.00)	(26,929.00)
EV/EBIT Full definition →		27.74	23.17	22.75	—
Capex to Sales Full definition →		0.03	0.04	0.05	0.03
Price to Operating Income Full definition →		27.34	22.65	22.14	22.69
Other line items
Average Receivables Full definition →		4,191.00	4,342.50	4,615.50	4,752.50
Average Payables Full definition →		964.00	1,011.50	974.00	1,009.00
Average Assets Full definition →		51,119.00	50,459.50	54,561.00	55,719.00
Average Common Equity Full definition →		7,130.50	6,709.00	6,740.00	7,329.50

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Columns are period end dates · fundamentals updated 5 Nov 2026

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