Mastercard Incorporated — MA
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $585.11 | $528.95B | 39.5 | 35.7 | 18.8% | 17.7% | $3.04 51.0% | 67.5 |
Revenue & Net Income
| Date | Revenue | Net Income | EPS | Revenue Change | Net Income Change | EPS Change | |
|---|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | $15.3B | $6.4B | $6.40 | N/A | N/A | N/A |
| 1 | 2021-12-31 | $18.9B | $8.7B | $8.79 | 23.4% | 35.5% | 37.3% |
| 2 | 2022-12-31 | $22.2B | $9.9B | $10.26 | 17.8% | 14.3% | 16.7% |
| 3 | 2023-12-31 | $25.1B | $11.2B | $11.86 | 12.9% | 12.7% | 15.6% |
| 4 | 2024-12-31 | $28.2B | $12.9B | $11.86 | 12.2% | 15.0% | 0.0% |
| 5 | TTM 2025-03-31 | $29.1B | $13.1B | $14.26 | 3.2% | 2.1% | 20.2% |
| 6 | Average | 13.9% | 15.9% | 18.0% |
EPS
Forecasts
Y/Y % Change
MA Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 23.4% | 17.8% | 12.9% | 12.2% | 15.1% | 12.4% | 15.6% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 11 | 11 | |
| EPS Growth (%) | 35.5% | 14.3% | 12.7% | 15.0% | 14.5% | 16.4% | 18.1% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 15 | 15 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | Sales & Marketing ($) | G&A ($) | SG&A ($) | Facilities / D&A ($) |
|---|---|---|---|---|---|---|
| 2021 | $18.9B | $3.8B | $895.0M | $2.5B | $3.4B | $726.0M |
| 2022 | $22.2B | $4.5B | $789.0M | $2.7B | $3.5B | $750.0M |
| 2023 | $25.1B | $5.2B | $825.0M | $2.8B | $3.6B | $799.0M |
| 2024 | $28.2B | $5.8B | $815.0M | $3.5B | $4.3B | $897.0M |
| TTM | $30.2B | $6.1B | $880.0M | $3.6B | $4.5B | $1.0B |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | Sales & Marketing Change (%) | G&A Change (%) | SG&A Change (%) | Facilities / D&A Change (%) |
|---|---|---|---|---|---|---|
| 2022 | 17.76 | 19.93 | -11.84 | 6.52 | 1.74 | 3.31 |
| 2023 | 12.87 | 15.73 | 4.56 | 4.02 | 4.14 | 6.53 |
| 2024 | 12.23 | 10.59 | -1.21 | 22.43 | 17.08 | 12.27 |
| TTM | 7.36 | 5.26 | 7.98 | 4.54 | 5.20 | 12.82 |
No unmapped expenses.
Segment Performance
SEGMENTS v2025-09-09 · 2025-09-05 15:02 UTC — Values are shown in a single scale for this table: $B. TTM values are bold. “% of Total (TTM)” shows revenue mix.
| Segment | 2022 Rev ($B) | 2022 OI ($B) | 2023 Rev ($B) | 2023 OI ($B) | 2024 Rev ($B) | 2024 OI ($B) | TTM Rev ($B) | TTM OI ($B) | % of Total (TTM) |
|---|---|---|---|---|---|---|---|---|---|
| Payment Network | 14.4B | 0.00B | 15.8B | 0.00B | 17.3B | 0.00B | 19.0B | 0.00B | 60.4% |
| Value Added Services And Solutions | 7.88B | 0.00B | 9.27B | 0.00B | 10.8B | 0.00B | 12.4B | 0.00B | 39.6% |
No segment data available for MA (axis 2).
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $48,470M |
| 1 | Cash | $7,575M |
| 2 | Total Liabilities | $41,774M |
| 3 | Total Debt | $18,802M |
| 4 | Total Equity | $6,671M |
| 5 | Debt to Equity Ratio | 2.82 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $532.97 | 4.4% | Nicks Growth: 12% Nick's Expected Margin: 45% FINVIZ Growth: 14% |
Nicks: 21 Finviz: 25 |
Nick's: 9.383 | 16.6 | 37.3 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $14.26 EPS | TTM | $297.34 | -44.2% | $362.04 | -32.1% |
| $15.98 EPS | 2025 | $333.20 | -37.5% | $405.71 | -23.9% |
| $18.65 EPS | 2026 | $388.88 | -27.0% | $473.50 | -11.2% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 18.95% | 17.60% | 19.02% | 17.56% | 0.22% | 0.27% | 19.05% | 17.96% | 62.1% | 84.5% |
| 3 Years | 18.95% | 17.60% | 19.02% | 17.56% | 0.22% | 0.27% | 19.05% | 17.96% | 62.1% | 84.5% |
| 5 Years | 18.95% | 17.60% | 19.02% | 17.56% | 0.22% | 0.27% | 19.05% | 17.96% | 62.1% | 84.5% |
| 10 Years | 18.95% | 17.60% | 19.02% | 17.56% | 0.22% | 0.27% | 19.05% | 17.96% | 62.1% | 84.5% |