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
DateValue
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