Mastercard (MA) EBT Margin (2009 - 2026)
Mastercard posted quarterly EBT Margin of 57.3% for Q1 2026, up 170.0% year-on-year from 21.22% in Q1 2025, and up 3.48% on a QoQ basis from 55.37% in Q4 2025.
Mastercard (MA) EBT Margin (2009 - 2026) Analysis & Trends
Mastercard (MA) has 18 years of EBT Margin data on file, last reported at 57.3% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin rose 170.0% year-over-year to 57.3%; the trailing twelve-month figure through Mar 2026 stood at 57.04% (up 294.0% YoY), and the FY2025 full-year result was 56.66%, up 250.0% from the prior year.
- EBT Margin for Q1 2026 stood at 57.3%, up from 55.37% in the prior quarter.
- Across five years, EBT Margin topped out at 59.08% in Q2 2023 and bottomed at 49.63% in Q1 2023.
- The 5-year median for EBT Margin is 55.37% (2025), against an average of 54.64%.
- The widest annual swing landed in 2023, when EBT Margin jumped 818 bps; it then plunged 511 bps in 2024.
- A 5-year view of EBT Margin shows it stood at 53.1% in 2022, then slipped by 4 bps to 50.72% in 2023, then advanced by 2 bps to 51.96% in 2024, then rose by 7 bps to 55.37% in 2025, then grew by 3 bps to 57.3% in 2026.
- The last three EBT Margin figures came in at 57.3% (Q1 2026), 55.37% (Q4 2025), and 58.11% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 539.53 Bn | 527.13 Bn | - | 63.88% |
| 2 | Mastercard | 441.81 Bn | 431.60 Bn | - | 57.30% |
| 3 | American Express | 215.01 Bn | 160.96 Bn | 17.43 Bn | 19.98% |
| 4 | Capital One Financial | 114.99 Bn | 38.50 Bn | - | 17.72% |
| 5 | PayPal Holdings | 41.29 Bn | 31.95 Bn | 7.84 Bn | 16.68% |
| 6 | Affirm Holdings | 24.62 Bn | 22.89 Bn | 261.64 Mn | 32.10% |
| 7 | Synchrony Financial | 24.22 Bn | 3.66 Bn | - | 21.96% |
| 8 | SoFi Technologies | 23.71 Bn | 20.31 Bn | 929.25 Mn | 18.14% |
| 9 | Ally Financial | 13.13 Bn | 12.69 Bn | 1.98 Bn | 19.03% |
| 10 | Credit Acceptance | 6.46 Bn | 6.44 Bn | 562.70 Mn | 27.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 57.30% |
| Dec 31, 2025 | 55.37% |
| Sep 30, 2025 | 58.11% |
| Jun 30, 2025 | 57.44% |
| Mar 31, 2025 | 55.60% |
| Dec 31, 2024 | 51.96% |
| Sep 30, 2024 | 52.46% |
| Jun 30, 2024 | 56.59% |
| Mar 31, 2024 | 56.05% |
| Dec 31, 2023 | 50.72% |
| Sep 30, 2023 | 57.57% |
| Jun 30, 2023 | 59.08% |
| Mar 31, 2023 | 49.63% |
| Dec 31, 2022 | 53.10% |
| Sep 30, 2022 | 53.37% |
| Jun 30, 2022 | 50.90% |
| Mar 31, 2022 | 53.67% |
| Dec 31, 2021 | 54.12% |
| Sep 30, 2021 | 56.49% |
| Jun 30, 2021 | 54.73% |