Mastercard (MA) Debt to Equity (2009 - 2026)

Mastercard has reported Debt to Equity for 15 years, with the latest figure at $2.82 in Q1 2026.

• For the quarter ending Q1 2026, Debt to Equity changed 0.45% year-over-year to $2.82; the trailing twelve-month figure through Mar 2026 stood at $2.82 (changed 0.45% YoY), and the FY2025 full-year result was $2.45, down 12.32% from the prior year.
• Debt to Equity for Q1 2026 stood at $2.82, up from $2.45 in the prior quarter.
• The five-year high for Debt to Equity was $2.89 in Q1 2023, with the low at $2.06 in Q1 2022.
• Historically, Debt to Equity has averaged $2.45 across 5 years, with a median of $2.41 in 2025.
• Annual changes were most pronounced in 2023 — Debt to Equity jumped 40.16% — and 2024, when it fell 25.79%.
• Mastercard's Debt to Equity stood at $2.21 in 2022, then gained by 1.9% to $2.25 in 2023, then increased by 24.44% to $2.8 in 2024, then retreated by 12.32% to $2.45 in 2025, then rose by 14.99% to $2.82 in 2026.
• The last three Debt to Equity figures came in at $2.82 (Q1 2026), $2.45 (Q4 2025), and $2.4 (Q3 2025), per Business Quant data.