Mastercard (MA) EBT Margin (2009 - 2026)
Mastercard's (MA) quarterly EBT Margin came in at 59.14% in Q2 2026, up 169.0% on a YoY basis from 21.98% in Q2 2025, and up 3.2% quarter-over-quarter from 57.3% in Q1 2026.
Analysis
Mastercard (MA) EBT Margin (2009 - 2026) Analysis & Trends
Mastercard (MA) has reported EBT Margin for 18 consecutive years, with 59.14% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin rose 169.0% year-over-year to 59.14%; the trailing twelve-month figure through Jun 2026 stood at 57.5% (up 307.0% YoY), and the FY2025 full-year result was 56.66%, up 250.0% from the prior year.
- EBT Margin rose to 59.14% in Q2 2026 per MA's latest filing, from 57.3% in the prior quarter.
- Across five years, EBT Margin topped out at 59.14% in Q2 2026 and bottomed at 49.63% in Q1 2023.
- Historically, EBT Margin has averaged 54.89% across 5 years, with a median of 55.49% in 2025.
- The sharpest annual moves came in 2023 and 2024: EBT Margin surged 818 bps in 2023, then tumbled 511 bps in 2024.
- Over 5 years, EBT Margin stood at 53.1% in 2022, then dropped by 4 bps to 50.72% in 2023, then climbed by 2 bps to 51.96% in 2024, then gained by 7 bps to 55.37% in 2025, then gained by 7 bps to 59.14% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 59.14%, 57.3%, and 55.37% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 655.38 Bn | 643.02 Bn | - | 58.74% |
| 2 | Mastercard | 492.20 Bn | 478.71 Bn | - | 59.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.14% |
| 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% |