KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Mastercard (MA) Debt to Equity (2016 - 2025)

Mastercard (MA) has disclosed Debt to Equity for 14 consecutive years, with $2.45 as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity fell 12.32% year-over-year to $2.45, compared with a TTM value of $2.45 through Dec 2025, down 12.32%, and an annual FY2025 reading of $2.45, down 12.32% over the prior year.
  • Debt to Equity was $2.45 for Q4 2025 at Mastercard, up from $2.4 in the prior quarter.
  • Across five years, Debt to Equity topped out at $2.89 in Q1 2023 and bottomed at $1.88 in Q4 2021.
  • Average Debt to Equity over 5 years is $2.35, with a median of $2.29 recorded in 2022.
  • The sharpest move saw Debt to Equity surged 40.16% in 2023, then dropped 25.79% in 2024.
  • Year by year, Debt to Equity stood at $1.88 in 2021, then rose by 17.18% to $2.21 in 2022, then rose by 1.9% to $2.25 in 2023, then grew by 24.44% to $2.8 in 2024, then fell by 12.32% to $2.45 in 2025.
  • Business Quant data shows Debt to Equity for MA at $2.45 in Q4 2025, $2.4 in Q3 2025, and $2.41 in Q2 2025.