Friday 6 November 2026 Export MA’s income statement to Excel — free account

Mastercard Incorporated

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

652.66 3.26 −0.50%

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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

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Mastercard Incorporated (MA) Price to free cash flow

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As of 5 November 2026, Mastercard Incorporated (MA) trades at a price to free cash flow of 37.2×. Over the past ten years it has ranged from 23.2× (July 2016) to 63.6× (April 2021); the current reading is higher than 60% of that period. That is above the Credit Services industry median of 2.5× and above the Financial sector median of 9.7×.

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<iframe src="https://stockrow.com/embed/MA/price-to-free-cash-flow" width="100%" height="360" style="border:0" loading="lazy" title="Mastercard Incorporated price to free cash flow, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/MA/metrics/price-to-free-cash-flow">Mastercard Incorporated (MA) price to free cash flow — stockrow.com</a></p>

Period	Price to free cash flow	Change
FY2025	31.4×	(12.31%)
FY2024	35.9×	(1.95%)
FY2023	36.6×	9.99%
FY2022	33.2×	(19.01%)
FY2021	41.0×	(25.22%)
FY2020	54.9×	34.75%
FY2019	40.7×	18.62%
FY2018	34.3×	11.03%
FY2017	30.9×	13.72%
FY2016	27.2×	(7.41%)

Period	Price to free cash flow	Change
Sep 2026	31.3×	10.28%
Jun 2026	28.4×	8.75%
Mar 2026	26.1×	(17.06%)
Dec 2025	31.4×	(0.20%)
43 more quarters	Free account

Against its own ten years

Low 23.2× High 63.6×

Ten-year median 35.6×

Current reading's percentile 60

Company	Price to free cash flow
SOFI SoFi Technologies, Inc. compare	n/m
ALLY Ally Financial Inc. compare	2.4×
SYF Synchrony Financial compare	2.5×
COF Capital One Financial Corporation compare	4.8×
PYPL PayPal Holdings, Inc. compare	7.9×
AXP American Express Company compare	15.8×
AFRM Affirm Holdings, Inc. compare	29.2×
V Visa Inc. compare	34.4×
MA Mastercard Incorporated	37.2×
Credit Services industry median	2.5×
Financial sector median	9.7×
Market median	14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

Mastercard Incorporated (MA) Price to free cash flow

Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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Price to free cash flow, daily

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Price to free cash flow against peers

What Price to free cash flow is

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