Mastercard (MA) FCF Payout Ratio (2009 - 2026)
Mastercard (MA) reported FCF Payout Ratio of 0.28 for Q1 2026, down 13.31% on a YoY basis from 0.32 in Q1 2025, and up 87.57% quarter-over-quarter from 0.15 in Q4 2025.
Mastercard (MA) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Mastercard has reported FCF Payout Ratio for 18 years, with the latest figure at 0.28 in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio fell 13.31% year-over-year to 0.28; the trailing twelve-month figure through Mar 2026 stood at 0.16 (down 5.32% YoY), and the FY2025 full-year result was 0.16, down 6.46% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 0.28, up from 0.15 in the prior quarter.
- The five-year high for FCF Payout Ratio was 0.42 in Q1 2024, with the low at 0.12 in Q3 2024.
- Historically, FCF Payout Ratio has averaged 0.21 across 5 years, with a median of 0.17 in 2023.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio surged 142.74% — and 2024, when it decreased 29.34%.
- Mastercard's FCF Payout Ratio stood at 0.16 in 2022, then dropped by 11.95% to 0.14 in 2023, then declined by 6.37% to 0.13 in 2024, then gained by 8.99% to 0.15 in 2025, then surged by 87.57% to 0.28 in 2026.
- The last three FCF Payout Ratio figures came in at 0.28 (Q1 2026), 0.15 (Q4 2025), and 0.12 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 0.49 |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 0.28 |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 0.22 |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 0.09 |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 0.14 |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 0.01 |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | - |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | - |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 0.02 |
| 10 | Credit Acceptance | 6.24 Bn | 6.21 Bn | 562.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.15 |
| Sep 30, 2025 | 0.12 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.32 |
| Dec 31, 2024 | 0.13 |
| Sep 30, 2024 | 0.12 |
| Jun 30, 2024 | 0.20 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.14 |
| Sep 30, 2023 | 0.17 |
| Jun 30, 2023 | 0.21 |
| Mar 31, 2023 | 0.30 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.13 |
| Jun 30, 2022 | 0.21 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | -0.38 |
| Sep 30, 2021 | 0.18 |
| Jun 30, 2021 | 0.20 |