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/S ratio

Alert me on P/S ratio

As of 16 October 2026, Mastercard Incorporated (MA) trades at a P/S ratio of 15.5×. Over the past ten years it has ranged from 9.4× (July 2016) to 25.5× (April 2021); the current reading is higher than 47% of that period. That is above the Credit Services industry median of 0.9× and above the Financial sector median of 2.2×.

P/S ratio, daily

Embed this chart

Annual newest first

Period P/S ratio Change
FY2025 15.8× (8.89%)
FY2024 17.3× 8.97%
FY2023 15.9× 5.11%
FY2022 15.1× (19.70%)
FY2021 18.8× (19.57%)
FY2020 23.4× 29.96%
FY2019 18.0× 36.92%
FY2018 13.1× 1.28%
FY2017 13.0× 20.78%
FY2016 10.7× (5.98%)

Quarterly newest first

Period P/S ratio Change
Jun 2026 12.9× (1.57%)
Mar 2026 13.1× (16.74%)
Dec 2025 15.8× (3.45%)
Sep 2025 16.3× (3.28%)
42 more quarters

Against its own ten years

Low 9.4× High 25.5×
Ten-year median 15.7×
Current reading's percentile 42

P/S ratio against peers

Company P/S ratio
ALLY Ally Financial Inc. compare 0.7×
SYF Synchrony Financial compare 1.1×
PYPL PayPal Holdings, Inc. compare 1.5×
COF Capital One Financial Corporation compare 1.6×
AXP American Express Company compare 2.5×
SOFI SoFi Technologies, Inc. compare 3.3×
AFRM Affirm Holdings, Inc. compare 5.8×
MA Mastercard Incorporated 15.5×
V Visa Inc. compare 16.1×
Credit Services industry median 0.9×
Financial sector median 2.2×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

More on MA