Mastercard Incorporated MA

567.65 1.57 0.28% as of 25 Sep
Market cap
$494.4B
P/E
31.2×
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Growth Flags show if company had growth for consecutive years

Mastercard Incorporated (MA) Operating margin

Mastercard Incorporated's operating margin over the twelve months to 30 June 2026 was 58.3%, up 0.7 percentage points from fiscal 2025 (57.6%). Over the past ten years it has ranged from 48.7% (fiscal 2018) to 57.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Credit Services industry median of 0.34% and above the Financial sector median of 0.00%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 57.6% 2.31
FY2024 55.3% (0.49)
FY2023 55.8% 0.66
FY2022 55.2% 1.76
FY2021 53.4% 0.58
FY2020 52.8% (4.43)
FY2019 57.2% 8.53
FY2018 48.7% (4.28)
FY2017 53.0% (0.47)
FY2016 53.5% 0.93

Quarterly

Period Operating margin Change (points)
Jun 2026 60.2% 1.79
Mar 2026 58.4% 2.67
Dec 2025 55.8% (3.08)
Sep 2025 58.8% 0.10
42 more quarters

Against its own ten years

Low 48.7% High 57.6%
Ten-year median 53.5%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
V Visa Inc. compare 60.7%
MA Mastercard Incorporated 58.3%
PYPL PayPal Holdings, Inc. compare 17.4%
AFRM Affirm Holdings, Inc. compare 9.79%
AXP American Express Company compare 0.00%
SYF Synchrony Financial compare 0.00%
ALLY Ally Financial Inc. compare 0.00%
SOFI SoFi Technologies, Inc. compare 0.00%
COF Capital One Financial Corporation compare 0.00%
Credit Services industry median 0.34%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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