stockrowMastercard 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
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Mastercard Incorporated (MA) Return on invested capital
Mastercard Incorporated's return on invested capital over the twelve months to 30 September 2026 was 67.6%, down 9.6 percentage points from fiscal 2025 (77.3%). Over the past ten years it has ranged from 49.2% (fiscal 2021) to 181.3% (fiscal 2016); the current reading is higher than 55% of that period. That is above the Credit Services industry median of 4.56% and above the Financial sector median of 4.70%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 77.3% | 14.34 |
| FY2024 | 62.9% | (2.20) |
| FY2023 | 65.1% | 3.22 |
| FY2022 | 61.9% | 12.69 |
| FY2021 | 49.2% | (14.10) |
| FY2020 | 63.3% | (32.72) |
| FY2019 | 96.0% | (65.30) |
| FY2018 | 161.3% | 1.72 |
| FY2017 | 159.6% | (21.69) |
| FY2016 | 181.3% | 26.56 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| MA Mastercard Incorporated | 67.6% |
| V Visa Inc. compare | 40.4% |
| AXP American Express Company compare | 18.9% |
| PYPL PayPal Holdings, Inc. compare | 16.1% |
| SYF Synchrony Financial compare | 15.4% |
| AFRM Affirm Holdings, Inc. compare | 15.0% |
| COF Capital One Financial Corporation compare | 7.53% |
| SOFI SoFi Technologies, Inc. compare | 4.90% |
| ALLY Ally Financial Inc. compare | 4.56% |
| Credit Services industry median | 4.56% |
| Financial sector median | 4.70% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement