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

656.54 0.62 +0.09%
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/E ratio

Alert me on P/E ratio

As of 5 November 2026, Mastercard Incorporated (MA) trades at a P/E ratio of 34.2×. Over the past ten years it has ranged from 24.1× (February 2016) to 60.4× (April 2021); the current reading is higher than 37% of that period. That is above the Credit Services industry median of 9.0× and above the Financial sector median of 12.2×.

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
Sep 2026 28.8× 2.10%
Jun 2026 28.2× (2.29%)
Mar 2026 28.9× (16.27%)
Dec 2025 34.5× (5.03%)
43 more quarters

Against its own ten years

Low 24.1× High 60.4×
Ten-year median 36.5×
Current reading's percentile 31

P/E ratio against peers

Company P/E ratio
SYF Synchrony Financial compare 7.7×
ALLY Ally Financial Inc. compare 8.8×
PYPL PayPal Holdings, Inc. compare 11.2×
AFRM Affirm Holdings, Inc. compare 11.8×
COF Capital One Financial Corporation compare 12.1×
AXP American Express Company compare 18.3×
SOFI SoFi Technologies, Inc. compare 27.8×
V Visa Inc. compare 32.7×
MA Mastercard Incorporated 34.2×
Credit Services industry median 9.0×
Financial sector median 12.2×
Market median 17.9×

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)

The full definition of P/E ratio →

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