Mastercard (MA) Equity Ratio (2009 - 2026)

Mastercard (MA) reported Equity Ratio of 0.13 for Q1 2026, down 7.23% on a YoY basis from 0.14 in Q1 2025, and down 10.39% quarter-over-quarter from 0.14 in Q4 2025.

Mastercard (MA) Equity Ratio (2009 - 2026) Analysis & Trends

Mastercard has reported Equity Ratio for 18 years, with the latest figure at 0.13 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 7.23% year-over-year to 0.13; the trailing twelve-month figure through Mar 2026 stood at 0.13 (down 7.23% YoY), and the FY2025 full-year result was 0.14, up 5.56% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.13, down from 0.14 in the prior quarter.
  • The five-year high for Equity Ratio was 0.19 in Q1 2022, with the low at 0.13 in Q1 2026.
  • Historically, Equity Ratio has averaged 0.16 across 5 years, with a median of 0.16 in 2024.
  • Annual changes were most pronounced in 2023 — Equity Ratio declined 27.62% — and 2024, when it gained 23.69%.
  • Mastercard's Equity Ratio stood at 0.16 in 2022, then increased by 0.11% to 0.16 in 2023, then slipped by 17.54% to 0.14 in 2024, then grew by 5.56% to 0.14 in 2025, then dropped by 10.39% to 0.13 in 2026.
  • The last three Equity Ratio figures came in at 0.13 (Q1 2026), 0.14 (Q4 2025), and 0.15 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 0.38
2 Mastercard 437.55 Bn 427.34 Bn - 0.13
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 0.11
4 Capital One Financial 112.47 Bn 35.97 Bn - 0.16
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 0.25
6 Synchrony Financial 24.26 Bn 3.70 Bn - 0.14
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 0.29
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 0.20
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 0.08
10 Credit Acceptance 6.24 Bn 6.21 Bn 562.70 Mn 0.18

Historic Data

Download Data
DateValue
Mar 31, 2026 0.13
Dec 31, 2025 0.14
Sep 30, 2025 0.15
Jun 30, 2025 0.15
Mar 31, 2025 0.14
Dec 31, 2024 0.14
Sep 30, 2024 0.16
Jun 30, 2024 0.18
Mar 31, 2024 0.17
Dec 31, 2023 0.16
Sep 30, 2023 0.16
Jun 30, 2023 0.14
Mar 31, 2023 0.14
Dec 31, 2022 0.16
Sep 30, 2022 0.17
Jun 30, 2022 0.17
Mar 31, 2022 0.19
Dec 31, 2021 0.20
Sep 30, 2021 0.19
Jun 30, 2021 0.19