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

652.74 3.18 −0.48%
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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Mastercard Incorporated (MA) trades at a P/B ratio of 85.1×. Over the past ten years it has ranged from 13.8× (January 2015) to 94.4× (August 2026); the current reading is higher than 98% of that period. That is above the Credit Services industry median of 1.2× and above the Financial sector median of 1.3×.

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
Sep 2026 71.6× (11.40%)
Jun 2026 80.8× 22.01%
Mar 2026 66.2× (0.70%)
Dec 2025 66.7× 2.83%
43 more quarters

Against its own ten years

Low 13.8× High 94.4×
Ten-year median 51.8×
Current reading's percentile 98

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 1.8×
PYPL PayPal Holdings, Inc. compare 2.6×
AFRM Affirm Holdings, Inc. compare 4.2×
AXP American Express Company compare 6.1×
V Visa Inc. compare 21.3×
MA Mastercard Incorporated 85.1×
Credit Services industry median 1.2×
Financial sector median 1.3×
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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