Mastercard (MA) EBITDA Margin (2009 - 2026)
Mastercard's (MA) quarterly EBITDA Margin came in at 60.22% in Q2 2026, up 149.0% YoY from 24.19% in Q2 2025, and up 3.07% on a QoQ basis from 58.43% in Q1 2026.
Mastercard (MA) EBITDA Margin (2009 - 2026) Analysis & Trends
Mastercard (MA) has 18 years of EBITDA Margin data on file, last reported at 60.22% in Q2 2026.
- Quarterly EBITDA Margin rose 149.0% year-over-year to 60.22% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 58.33% (up 255.0% YoY) and the FY2025 annual result came in at 57.63%, up 231.0% from the prior year.
- EBITDA Margin advanced to 60.22% in Q2 2026, from 58.43% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 60.22% in Q2 2026 to a low of 51.5% in Q4 2023.
- A 5-year average of 56.38% and a median of 56.93% in 2024 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2023 — EBITDA Margin jumped 477 bps — and 2024, when it sank 450 bps.
- Tracing MA's EBITDA Margin over 5 years: stood at 54.74% in 2022, then declined by 6 bps to 51.5% in 2023, then grew by 2 bps to 52.58% in 2024, then climbed by 6 bps to 55.76% in 2025, then increased by 8 bps to 60.22% in 2026.
- The last three EBITDA Margin figures came in at 60.22% (Q2 2026), 58.43% (Q1 2026), and 55.76% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 59.12% |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 60.22% |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 17.85% |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 87.81% |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 16.44% |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 44.85% |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | 8.51% |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | -720.86% |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | 33.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 60.22% |
| Mar 31, 2026 | 58.43% |
| Dec 31, 2025 | 55.76% |
| Sep 30, 2025 | 58.84% |
| Jun 30, 2025 | 58.74% |
| Mar 31, 2025 | 57.23% |
| Dec 31, 2024 | 52.58% |
| Sep 30, 2024 | 54.34% |
| Jun 30, 2024 | 57.98% |
| Mar 31, 2024 | 56.77% |
| Dec 31, 2023 | 51.50% |
| Sep 30, 2023 | 58.84% |
| Jun 30, 2023 | 58.32% |
| Mar 31, 2023 | 54.56% |
| Dec 31, 2022 | 54.74% |
| Sep 30, 2022 | 54.07% |
| Jun 30, 2022 | 54.90% |
| Mar 31, 2022 | 57.09% |
| Dec 31, 2021 | 54.20% |
| Sep 30, 2021 | 54.50% |