Mastercard (MA) EBITDA Margin (2009 - 2026)
Mastercard (MA) reported EBITDA Margin of 58.43% for Q1 2026, up 120.0% on a YoY basis from 26.56% in Q1 2025, and up 4.79% quarter-over-quarter from 55.76% in Q4 2025.
Mastercard (MA) EBITDA Margin (2009 - 2026) Analysis & Trends
Mastercard has reported EBITDA Margin for 18 years, with the latest figure at 58.43% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 120.0% year-over-year to 58.43%; the trailing twelve-month figure through Mar 2026 stood at 57.91% (up 243.0% YoY), and the FY2025 full-year result was 57.63%, up 231.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 58.43%, up from 55.76% in the prior quarter.
- The five-year high for EBITDA Margin was 58.84% in Q3 2023, with the low at 51.5% in Q4 2023.
- Historically, EBITDA Margin has averaged 56.16% across 5 years, with a median of 56.77% in 2024.
- Annual changes were most pronounced in 2023 — EBITDA Margin jumped 477 bps — and 2024, when it sank 450 bps.
- Mastercard's EBITDA Margin 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 grew by 5 bps to 58.43% in 2026.
- The last three EBITDA Margin figures came in at 58.43% (Q1 2026), 55.76% (Q4 2025), and 58.84% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 64.42% |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 58.43% |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 18.77% |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 44.55% |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 17.81% |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 42.26% |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 28.77% |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 13.91% |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 15.79% |
| 10 | Credit Acceptance | 6.24 Bn | 6.21 Bn | 562.70 Mn | 24.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 51.70% |