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. 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%
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

Mastercard Incorporated (MA) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Mastercard Incorporated (MA) trades at a P/B ratio of 97.1×. Over the past ten years it has ranged from 13.8× (January 2015) to 97.1× (October 2026) — the current reading is the highest in ten years. That is above the Credit Services industry median of 1.2× and above the Financial sector median of 1.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 66.7× (10.79%)
FY2024 74.8× 30.94%
FY2023 57.1× 8.11%
FY2022 52.8× 9.84%
FY2021 48.1× (12.77%)
FY2020 55.1× 7.41%
FY2019 51.3× 41.59%
FY2018 36.2× 22.93%
FY2017 29.5× 44.84%
FY2016 20.4× 11.78%

Quarterly newest first

Period P/B ratio Change
Jun 2026 80.8× 22.01%
Mar 2026 66.2× (0.70%)
Dec 2025 66.7× 2.83%
Sep 2025 64.9× 0.09%
42 more quarters

Against its own ten years

Low 13.8× High 97.1×
Ten-year median 51.7×
Current reading's percentile 100

P/B ratio against peers

Company P/B ratio
ALLY Ally Financial Inc. compare 0.9×
COF Capital One Financial Corporation compare 1.1×
SYF Synchrony Financial compare 1.6×
SOFI SoFi Technologies, Inc. compare 1.7×
PYPL PayPal Holdings, Inc. compare 2.5×
AFRM Affirm Holdings, Inc. compare 4.5×
AXP American Express Company compare 6.2×
V Visa Inc. compare 20.7×
MA Mastercard Incorporated 97.1×
Credit Services industry median 1.2×
Financial sector median 1.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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