Mastercard (MA) EV to FCF (2009 - 2026)
Mastercard's (MA) quarterly EV to FCF came in at 123.6 in Q2 2026, up 10.88% on a YoY basis from 111.46 in Q2 2025, and down 18.93% quarter-over-quarter from 152.46 in Q1 2026.
Analysis
Mastercard (MA) EV to FCF (2009 - 2026) Analysis & Trends
Mastercard (MA) has reported EV to FCF for 18 consecutive years, with 123.6 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF rose 10.88% year-over-year to 123.6; the trailing twelve-month figure through Jun 2026 stood at 26.07 (down 14.17% YoY), and the FY2025 full-year result was 29.18, down 12.15% from the prior year.
- EV to FCF retreated to 123.6 in Q2 2026 per MA's latest filing, from 152.46 in the prior quarter.
- Across five years, EV to FCF topped out at 300.45 in Q1 2024 and bottomed at 71.15 in Q3 2022.
- Historically, EV to FCF has averaged 138.63 across 5 years, with a median of 119.83 in 2023.
- The sharpest annual moves came in 2022 and 2023: EV to FCF tumbled 47.71% in 2022, then soared 63.13% in 2023.
- Over 5 years, EV to FCF stood at 111.13 in 2022, then fell by 12.0% to 97.79 in 2023, then advanced by 2.08% to 99.83 in 2024, then grew by 2.55% to 102.38 in 2025, then grew by 20.73% to 123.6 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 123.6, 152.46, and 102.38 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 655.38 Bn | 643.02 Bn | - |
| 2 | Mastercard | 492.20 Bn | 478.71 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 123.60 |
| Mar 31, 2026 | 152.46 |
| Dec 31, 2025 | 102.38 |
| Sep 30, 2025 | 90.45 |
| Jun 30, 2025 | 111.46 |
| Mar 31, 2025 | 222.50 |
| Dec 31, 2024 | 99.83 |
| Sep 30, 2024 | 88.02 |
| Jun 30, 2024 | 134.08 |
| Mar 31, 2024 | 300.45 |
| Dec 31, 2023 | 97.79 |
| Sep 30, 2023 | 116.07 |
| Jun 30, 2023 | 141.55 |
| Mar 31, 2023 | 199.16 |
| Dec 31, 2022 | 111.13 |
| Sep 30, 2022 | 71.15 |
| Jun 30, 2022 | 127.05 |
| Mar 31, 2022 | 206.16 |
| Dec 31, 2021 | 110.31 |
| Sep 30, 2021 | 136.07 |