Mastercard (MA) EBITDA Margin (2009 - 2026)
Mastercard's (MA) quarterly EBITDA Margin came in at 60.22% in Q2 2026, up 149.0% on a YoY basis from 24.19% in Q2 2025, and up 3.07% quarter-over-quarter from 58.43% in Q1 2026.
Analysis
Mastercard (MA) EBITDA Margin (2009 - 2026) Analysis & Trends
Mastercard (MA) has reported EBITDA Margin for 18 consecutive years, with 60.22% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin rose 149.0% year-over-year to 60.22%; the trailing twelve-month figure through Jun 2026 stood at 58.33% (up 255.0% YoY), and the FY2025 full-year result was 57.63%, up 231.0% from the prior year.
- EBITDA Margin rose to 60.22% in Q2 2026 per MA's latest filing, from 58.43% in the prior quarter.
- Across five years, EBITDA Margin topped out at 60.22% in Q2 2026 and bottomed at 51.5% in Q4 2023.
- Historically, EBITDA Margin has averaged 56.38% across 5 years, with a median of 56.93% in 2024.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin surged 477 bps in 2023, then slumped 450 bps in 2024.
- Over 5 years, EBITDA Margin stood at 54.74% in 2022, then retreated by 6 bps to 51.5% in 2023, then rose by 2 bps to 52.58% in 2024, then increased by 6 bps to 55.76% in 2025, then gained by 8 bps to 60.22% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 60.22%, 58.43%, and 55.76% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 655.38 Bn | 643.02 Bn | - | 59.12% |
| 2 | Mastercard | 492.20 Bn | 478.71 Bn | - | 60.22% |
Historic Data
Download Data
Historic 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% |