Mastercard Incorporated MA
- Market cap
- $494.4B
- P/E
- 31.2×
Follow MA
Mastercard Incorporated (MA) Free cash flow
Mastercard Incorporated's free cash flow for fiscal 2025 was $16.4B, up 21.0% from $13.6B in fiscal 2024. Over the twelve months to 30 June 2026 it was $16.0B. Over the past ten years it has ranged from $3.8B (fiscal 2015) to $16.4B (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 5 consecutive fiscal years. Mastercard Incorporated ranks 3rd of 54 Credit Services companies by free cash flow.
Free cash flow, annual
Annual
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $16.4B | 20.96% |
| FY2024 | $13.6B | 24.73% |
| FY2023 | $10.9B | 7.86% |
| FY2022 | $10.1B | 16.75% |
| FY2021 | $8.6B | 32.73% |
| FY2020 | $6.5B | (12.60%) |
| FY2019 | $7.5B | 30.35% |
| FY2018 | $5.7B | 9.12% |
| FY2017 | $5.2B | 23.17% |
| FY2016 | $4.3B | 13.19% |
Quarterly
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $3.3B | 23.69% |
| Mar 2026 | $2.7B | (43.46%) |
| Dec 2025 | $4.7B | (11.16%) |
| Sep 2025 | $5.3B | 20.71% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| COF Capital One Financial Corporation compare | $29.7B |
| V Visa Inc. compare | $21.0B |
| MA Mastercard Incorporated | $16.0B |
| AXP American Express Company compare | $15.1B |
| SYF Synchrony Financial compare | $9.7B |
| PYPL PayPal Holdings, Inc. compare | $6.6B |
| ALLY Ally Financial Inc. compare | $4.6B |
| AFRM Affirm Holdings, Inc. compare | $992.6M |
| SOFI SoFi Technologies, Inc. compare | −$8.8B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on MA
- Revenue
- Net income
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement