MANYSEServices-Business Services, NECFiscal year ends December 31
Mastercard Inc
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$616.40−1.02 (-0.17%)
Close on Oct 19, 2026
- Market cap
- $544.28B
- P/E (TTM)
- 37.3
- Dividend yield
- 0.51%
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
57.6%+4.8 pts over 5 years
Net margin
–
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +16.4% | +13.8% | +16.5% | +13.0% | |
| Operating income | +21.3% | +15.5% | +18.5% | +14.0% | |
| EPS, diluted | +18.9% | +17.4% | +21.0% | +17.3% | |
| Free cash flow | +19.9% | +16.9% | +20.0% | +15.9% | |
| Dividend per share | +15.0% | +15.6% | – | +16.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | 1.84 | 1.61 | 1.03 | |
| Debt to equity | 0.92 | 1.98 | 2.46 | |
| Net debt to EBITDA | -0.25× | 0.03× | 0.42× | |
| Interest coverage | 60.6× | 21.3× | 26.2× | |
| Capex to revenue | 2.0% | 2.2% | 1.5% | |
| Diluted shares | 1.10B | 1.01B | 906M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Mastercard generated $65.07B from operations and spent $59.56B on capital expenditure, dividends and share buybacks. 4% of that went back into the business.
Generated
$65.07B
Used
$59.56B
Capital expenditure$2.18B4%Dividends$11.01B18%Share buybacks$46.37B78%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 5 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$17.65B
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$17.65B vs –
- Less leverageLong-term debt to assets fell36.3% → 33.7%
- Better liquidityCurrent ratio rose1.03 → 1.03
- No dilutionShare count did not rise927M → 906M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.66 → 0.68