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

655.47 0.45 −0.07%
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

Mastercard Incorporated (MA) Gross margin

Alert me on Gross margin

Mastercard Incorporated's gross margin over the twelve months to 30 September 2026 was 100.0%, down 0.0 percentage points from fiscal 2025 (100.0%). Over the past ten years it has ranged from 100.0% (fiscal 2025) to 100.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Credit Services industry median of 76.6% and above the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 100.0% 0.00
FY2024 100.0% 0.00
FY2023 100.0% 0.00
FY2022 100.0% 0.00
FY2021 100.0% 0.00
FY2020 100.0% 0.00
FY2019 100.0% 0.00
FY2018 100.0% 0.00
FY2017 100.0% 0.00
FY2016 100.0% 0.00

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 100.0% 0.00
Jun 2026 100.0% 0.00
Mar 2026 100.0% 0.00
Dec 2025 100.0% 0.00
43 more quarters

Against its own ten years

Low 100.0% High 100.0%
Ten-year median 100.0%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
MA Mastercard Incorporated 100.0%
V Visa Inc. compare 100.0%
AXP American Express Company compare 90.8%
SYF Synchrony Financial compare 83.2%
COF Capital One Financial Corporation compare 79.4%
SOFI SoFi Technologies, Inc. compare 77.4%
ALLY Ally Financial Inc. compare 61.8%
PYPL PayPal Holdings, Inc. compare 40.6%
AFRM Affirm Holdings, Inc. compare 0.00%
Credit Services industry median 76.6%
Financial sector median 70.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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