Mastercard Incorporated
MANYSE
$627.38
Last price · USD
- Market cap
- $563.4B
- P/E
- 38.0x
- EV / EBITDA
- 27.8x
- P/S
- 17.2x
- FCF yield
- 2.9%
- Div. yield
- 0.49%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Mastercard Incorporated key metrics & ratios
Annual · USD millions except per-share data · 36 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Growth (year over year) | |||||||
| Revenue growth | 16.4% | 12.2% | 12.9% | 17.8% | — | — | |
| Operating income growth | 15.7% | 11.6% | 15.0% | 26.2% | — | — | |
| Net income growth | 16.3% | 15.0% | 12.7% | 14.3% | — | — | |
| EPS (diluted) growth | 18.9% | 17.4% | 15.6% | 16.8% | — | — | |
| Free cash flow growth | 14.9% | 23.2% | 5.0% | 27.9% | — | — | |
| Margins | |||||||
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | — | |
| Operating margin | 57.6% | 58.0% | 58.3% | 57.2% | 53.4% | — | |
| EBITDA margin | 62.7% | 59.6% | 59.8% | 58.2% | 60.7% | — | |
| Net margin | 45.6% | 45.7% | 44.6% | 44.7% | 46.0% | — | |
| FCF margin | 50.1% | 50.8% | 46.3% | 49.7% | 45.8% | — | |
| Returns on capital | |||||||
| Return on equity | 193.5% | 198.5% | 161.6% | 157.7% | 118.8% | — | |
| Return on assets | 27.6% | 26.8% | 26.4% | 25.6% | 23.1% | — | |
| Return on invested capital | 94.2% | 84.7% | 85.6% | 80.9% | 61.6% | — | |
| Leverage & liquidity | |||||||
| Debt / equity | 2.46x | 2.81x | 2.26x | 2.23x | 1.90x | — | |
| Net debt / EBITDA | 0.41x | 0.58x | 0.47x | 0.54x | 0.57x | — | |
| Current ratio | 1.03x | 1.03x | 1.17x | 1.17x | 1.29x | — | |
| Interest coverage | 26.17x | 25.27x | 25.44x | 27.01x | 23.39x | — | |
| Profitability & operating | |||||||
| EBIT | 19,401 | 15,900 | 14,214 | 12,203 | 10,738 | +15.9% | |
| EBITDA | 20,544 | 16,797 | 15,013 | 12,953 | 11,464 | +15.7% | |
| Operating income | 18,897 | 16,327 | 14,630 | 12,722 | 10,082 | +17.0% | |
| Income before tax | 18,578 | 15,254 | 13,639 | 11,732 | 10,307 | +15.9% | |
| Net income | 14,968 | 12,874 | 11,195 | 9,930 | 8,687 | +14.6% | |
| Earnings per share | |||||||
| EPS (basic) | $16.55 | $13.92 | $11.86 | $10.26 | $8.79 | +17.1% | |
| EPS (diluted) | $16.52 | $13.89 | $11.83 | $10.23 | $8.76 | +17.2% | |
| Share count (millions) | |||||||
| Weighted avg shares outstanding | 897 | 925 | 944 | 968 | 988 | -2.4% | |
| Weighted avg shares outstanding (diluted) | 898 | 927 | 946 | 971 | 992 | -2.5% | |
| Balance sheet highlights | |||||||
| Net debt | 8,434 | 9,784 | 7,093 | 7,015 | 6,480 | +6.8% | |
| Total debt | 19,000 | 18,226 | 15,681 | 14,023 | 13,901 | +8.1% | |
| Total investments | 2,037 | 1,937 | 2,321 | 2,130 | 2,307 | -3.1% | |
| Total stockholders' equity | 7,737 | 6,485 | 6,929 | 6,298 | 7,312 | +1.4% | |
| Total assets | 54,157 | 48,081 | 42,448 | 38,724 | 37,669 | +9.5% | |
| Cash flow highlights | |||||||
| Free cash flow | 16,433 | 14,306 | 11,609 | 11,058 | 8,649 | +17.4% | |
| Operating cash flow | 17,648 | 14,780 | 11,980 | 11,500 | 9,463 | +16.9% | |
| Capital expenditure | (1,215) | (474) | (371) | (442) | (814) | — | |
| Net cash from operating activities | 17,648 | 14,780 | 11,980 | 11,500 | 9,463 | +16.9% | |
| Additional fields | |||||||
| Accrued Expenses | 13,158 | 10,869 | 8,754 | 8,616 | 7,145 | +16.5% | |