Mastercard Incorporated
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.
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Mastercard Incorporated (MA) P/E ratio
As of 16 October 2026, Mastercard Incorporated (MA) trades at a P/E ratio of 33.9×. Over the past ten years it has ranged from 24.1× (February 2016) to 60.4× (April 2021); the current reading is higher than 35% of that period. That is above the Credit Services industry median of 9.4× and above the Financial sector median of 12.4×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 34.5× | (8.87%) |
| FY2024 | 37.8× | 6.43% |
| FY2023 | 35.5× | 5.05% |
| FY2022 | 33.8× | (17.14%) |
| FY2021 | 40.8× | (26.90%) |
| FY2020 | 55.9× | 49.29% |
| FY2019 | 37.4× | 11.47% |
| FY2018 | 33.6× | (19.35%) |
| FY2017 | 41.6× | 45.72% |
| FY2016 | 28.6× | (1.73%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 28.2× | (2.29%) |
| Mar 2026 | 28.9× | (16.27%) |
| Dec 2025 | 34.5× | (5.03%) |
| Sep 2025 | 36.3× | (4.01%) |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| SYF Synchrony Financial compare | 7.5× |
| ALLY Ally Financial Inc. compare | 8.8× |
| PYPL PayPal Holdings, Inc. compare | 10.6× |
| COF Capital One Financial Corporation compare | 12.5× |
| AFRM Affirm Holdings, Inc. compare | 13.0× |
| AXP American Express Company compare | 19.0× |
| SOFI SoFi Technologies, Inc. compare | 28.5× |
| V Visa Inc. compare | 33.0× |
| MA Mastercard Incorporated | 33.9× |
| Credit Services industry median | 9.4× |
| Financial sector median | 12.4× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)
More on MA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- 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
- Piotroski F-score
- The full statement