Mastercard (MA) EBT Margin (2009 - 2026)
Mastercard (MA) posted EBT Margin of 57.3% for Q1 2026, up 3.48% quarter-over-quarter from 55.37% in Q4 2025, and up 170.0% year-on-year from 21.22% in Q1 2025.
Mastercard (MA) EBT Margin (2009 - 2026) Analysis & Trends
Mastercard (MA) has reported EBT Margin for 18 consecutive years, with 57.3% the latest figure, recorded in Q1 2026.
- EBT Margin for Q1 2026 came in at 57.3%, up 170.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 57.04% (up 294.0% YoY), and the FY2025 annual result was 56.66%, up 250.0% from the prior year.
- EBT Margin was 57.3% for Q1 2026 at Mastercard, up from 55.37% in the prior quarter.
- Over five years, EBT Margin peaked at 59.08% in Q2 2023 and troughed at 49.63% in Q1 2023.
- Average EBT Margin over 5 years is 54.64%, with a median of 55.37% recorded in 2025.
- Year-over-year, EBT Margin soared 818 bps in 2023 and plunged 511 bps in 2024.
- Over 5 years, EBT Margin stood at 53.1% in 2022, then declined by 4 bps to 50.72% in 2023, then grew by 2 bps to 51.96% in 2024, then advanced by 7 bps to 55.37% in 2025, then rose by 3 bps to 57.3% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 57.3% in Q1 2026, 55.37% in Q4 2025, and 58.11% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 63.88% |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 57.30% |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 19.98% |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 16.68% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 32.10% |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 18.14% |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 19.03% |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 27.07% |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | 16.65% |
| 10 | Sezzle | 5.91 Bn | 5.79 Bn | - | 48.70% |
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% |