Mastercard MA
NYSE MA
$595.30 +3.61 (+0.61%)
At close: Aug 28, 2026 · 4:00 PM EDT

Mastercard (MA) Debt Ratio (2009 - 2026)

Mastercard's (MA) quarterly Debt Ratio came in at 0.43 in Q2 2026, up 15.81% YoY from 0.37 in Q2 2025, and up 18.16% on a QoQ basis from 0.36 in Q1 2026.

Analysis

Mastercard (MA) Debt Ratio (2009 - 2026) Analysis & Trends

Mastercard (MA) has 15 years of Debt Ratio data on file, last reported at 0.43 in Q2 2026.

  • Quarterly Debt Ratio rose 15.81% year-over-year to 0.43 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.43 (up 15.81% YoY) and the FY2025 annual result came in at 0.35, down 7.45% from the prior year.
  • Debt Ratio rose to 0.43 in Q2 2026, from 0.36 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.43 in Q2 2026 to a low of 0.35 in Q4 2025.
  • A 5-year average of 0.38 and a median of 0.38 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2025 — Debt Ratio dropped 8.34% — and 2026, when it gained 15.81%.
  • Tracing MA's Debt Ratio over 5 years: stood at 0.36 in 2022, then increased by 2.01% to 0.37 in 2023, then rose by 2.61% to 0.38 in 2024, then fell by 7.45% to 0.35 in 2025, then increased by 21.75% to 0.43 in 2026.
  • The last three Debt Ratio figures came in at 0.43 (Q2 2026), 0.36 (Q1 2026), and 0.35 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Visa 680.39 Bn 668.03 Bn - 0.25
2 Mastercard 518.33 Bn 504.84 Bn - 0.43
3 American Express 224.91 Bn 175.59 Bn 17.99 Bn 0.19
4 Capital One Financial 132.31 Bn 77.60 Bn - 0.05
5 PayPal Holdings 46.25 Bn 35.00 Bn - 0.18
6 Affirm Holdings 26.22 Bn 24.59 Bn - 0.21
7 Synchrony Financial 25.37 Bn 9.17 Bn - 0.13
8 SoFi Technologies 23.30 Bn 20.18 Bn 1.02 Bn -
9 Ally Financial 12.85 Bn 5.01 Bn 2.08 Bn 0.11
10 FirstCash Holdings 9.51 Bn 9.34 Bn 533.67 Mn 0.43
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.43
Mar 31, 2026 0.36
Dec 31, 2025 0.35
Sep 30, 2025 0.36
Jun 30, 2025 0.37
Mar 31, 2025 0.39
Dec 31, 2024 0.38
Sep 30, 2024 0.39
Jun 30, 2024 0.37
Mar 31, 2024 0.37
Dec 31, 2023 0.37
Sep 30, 2023 0.39
Jun 30, 2023 0.40
Mar 31, 2023 0.40
Dec 31, 2022 1,558.11
Sep 30, 2022 0.39
Jun 30, 2022 0.40
Mar 31, 2022 0.39
Dec 31, 2021 926.73
Sep 30, 2021 0.39