Mastercard (MA) Depreciation & Amortization (CF) (2009 - 2026)
Mastercard's Depreciation & Amortization (CF) came in at $309 million for Q2 2026, up 10.0% from $281 million a year earlier and up 3.3% from the prior quarter.
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Analysis
Mastercard (MA) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mastercard reported Depreciation & Amortization (CF) of $1.2 billion, up 18.1% year-over-year; for FY2025, it was $1.14 billion, up 27.4% from FY2024.
- Depreciation & Amortization (CF) has increased in each of the last 16 years, with a five-year compound annual growth rate of 14.5% (FY2020 to FY2025).
- Going back by year, Depreciation & Amortization (CF) was $897 million in FY2024 (+12.3%), $799 million in FY2023 (+6.5%), $750 million in FY2022 (+3.3%) and $726 million in FY2021 (+25.2%).
- The Q2 2026 figure represents the highest quarterly Depreciation & Amortization (CF) in data going back to Q1 2009.
- Year-over-year, Depreciation & Amortization (CF) has increased for 13 consecutive quarters, with growth averaging 18.5% over the last eight quarters.
- The fastest year-over-year change in Depreciation & Amortization (CF) over five years came in Q3 2021 (growth of 33.3%), and the weakest in Q4 2022 (a decline of 2.6%).
- Business Quant data shows MA's Depreciation & Amortization (CF) at $299 million (Q1 2026), $297 million (Q4 2025) and $290 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | 367.00 Mn |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | 309.00 Mn |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | 14.40 Mn |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | 11.81 Mn |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | 65.60 Mn |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 4.79 Mn |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | 123,492.00 |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | 488.00 Mn |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | 1.59 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 309.00 Mn |
| Mar 31, 2026 | 299.00 Mn |
| Dec 31, 2025 | 297.00 Mn |
| Sep 30, 2025 | 290.00 Mn |
| Jun 30, 2025 | 281.00 Mn |
| Mar 31, 2025 | 275.00 Mn |
| Dec 31, 2024 | 231.00 Mn |
| Sep 30, 2024 | 225.00 Mn |
| Jun 30, 2024 | 225.00 Mn |
| Mar 31, 2024 | 216.00 Mn |
| Dec 31, 2023 | 205.00 Mn |
| Sep 30, 2023 | 211.00 Mn |
| Jun 30, 2023 | 192.00 Mn |
| Mar 31, 2023 | 191.00 Mn |
| Dec 31, 2022 | 184.00 Mn |
| Sep 30, 2022 | 185.00 Mn |
| Jun 30, 2022 | 189.00 Mn |
| Mar 31, 2022 | 192.00 Mn |
| Dec 31, 2021 | 189.00 Mn |
| Sep 30, 2021 | 188.00 Mn |
API Access
Mastercard Depreciation & Amortization (CF) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "ticker": "MA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();