Mastercard (MA) FCF Margin (2009 - 2026)
Mastercard's (MA) quarterly FCF Margin came in at 37.82% in Q2 2026, down 1669.0% YoY from 2.41% in Q2 2025, and up 12.72% on a QoQ basis from 33.56% in Q1 2026.
Mastercard (MA) FCF Margin (2009 - 2026) Analysis & Trends
Mastercard (MA) has 18 years of FCF Margin data on file, last reported at 37.82% in Q2 2026.
- Quarterly FCF Margin fell 1669.0% year-over-year to 37.82% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 47.41% (down 638.0% YoY) and the FY2025 annual result came in at 51.61%, up 169.0% from the prior year.
- FCF Margin advanced to 37.82% in Q2 2026, from 33.56% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 67.49% in Q3 2024 to a low of 22.86% in Q1 2024.
- A 5-year average of 46.39% and a median of 44.99% in 2023 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2024 — FCF Margin surged 1999 bps — and 2026, when it slumped 1669 bps.
- Tracing MA's FCF Margin over 5 years: stood at 49.7% in 2022, then grew by 21 bps to 60.14% in 2023, then climbed by 4 bps to 62.48% in 2024, then retreated by 12 bps to 54.78% in 2025, then tumbled by 31 bps to 37.82% in 2026.
- The last three FCF Margin figures came in at 37.82% (Q2 2026), 33.56% (Q1 2026), and 54.78% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 618.21 Bn | 605.85 Bn | - | 52.76% |
| 2 | Mastercard | 506.53 Bn | 493.04 Bn | - | 37.82% |
| 3 | American Express | 232.32 Bn | 183.00 Bn | 17.99 Bn | 22.78% |
| 4 | Capital One Financial | 136.19 Bn | 81.48 Bn | - | 64.06% |
| 5 | PayPal Holdings | 52.34 Bn | 41.08 Bn | - | 20.44% |
| 6 | Eason Technology | 35.89 Bn | 35.89 Bn | - | - |
| 7 | Synchrony Financial | 26.09 Bn | 9.90 Bn | - | 50.23% |
| 8 | Affirm Holdings | 25.93 Bn | 24.20 Bn | - | -3,167.36% |
| 9 | SoFi Technologies | 23.04 Bn | 22.68 Bn | -41.62 Mn | -1,839.75% |
| 10 | Ally Financial | 13.61 Bn | 5.77 Bn | 2.08 Bn | 59.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.82% |
| Mar 31, 2026 | 33.56% |
| Dec 31, 2025 | 55.53% |
| Sep 30, 2025 | 63.76% |
| Jun 30, 2025 | 56.58% |
| Mar 31, 2025 | 30.10% |
| Dec 31, 2024 | 62.48% |
| Sep 30, 2024 | 67.49% |
| Jun 30, 2024 | 41.56% |
| Mar 31, 2024 | 23.87% |
| Dec 31, 2023 | 60.14% |
| Sep 30, 2023 | 47.50% |
| Jun 30, 2023 | 40.60% |
| Mar 31, 2023 | 29.18% |
| Dec 31, 2022 | 51.06% |
| Sep 30, 2022 | 65.06% |
| Jun 30, 2022 | 43.73% |
| Mar 31, 2022 | 31.62% |
| Dec 31, 2021 | 59.11% |
| Sep 30, 2021 | 48.81% |