KPIs & Operating Metrics(New)
Growth Metrics

Mastercard (MA) FCF Margin (2016 - 2025)

Mastercard (MA) has disclosed FCF Margin for 17 consecutive years, with 57.47% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, FCF Margin fell 581.0% year-over-year to 57.47%, compared with a TTM value of 52.33% through Dec 2025, up 154.0%, and an annual FY2025 reading of 52.33%, up 154.0% over the prior year.
  • FCF Margin was 57.47% for Q4 2025 at Mastercard, down from 63.73% in the prior quarter.
  • Across five years, FCF Margin topped out at 70.01% in Q3 2024 and bottomed at 22.86% in Q1 2024.
  • Average FCF Margin over 5 years is 47.94%, with a median of 48.06% recorded in 2021.
  • The sharpest move saw FCF Margin tumbled -1854bps in 2023, then surged 2211bps in 2024.
  • Year by year, FCF Margin stood at 58.8% in 2021, then fell by -19bps to 47.4% in 2022, then rose by 19bps to 56.61% in 2023, then grew by 12bps to 63.28% in 2024, then fell by -9bps to 57.47% in 2025.
  • Business Quant data shows FCF Margin for MA at 57.47% in Q4 2025, 63.73% in Q3 2025, and 54.04% in Q2 2025.