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/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
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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 | Free account |
Against its own ten years
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)
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/E 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