Mastercard (MA) FCF Payout Ratio (2009 - 2026)

Mastercard's (MA) quarterly FCF Payout Ratio came in at 0.22 in Q2 2026, up 40.99% YoY from 0.16 in Q2 2025, and down 20.31% on a QoQ basis from 0.28 in Q1 2026.

Mastercard (MA) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Mastercard (MA) has 18 years of FCF Payout Ratio data on file, last reported at 0.22 in Q2 2026.

  • Quarterly FCF Payout Ratio rose 40.99% year-over-year to 0.22 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.18 (up 9.72% YoY) and the FY2025 annual result came in at 0.16, down 6.46% from the prior year.
  • FCF Payout Ratio slipped to 0.22 in Q2 2026, from 0.28 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 0.42 in Q1 2024 to a low of 0.12 in Q3 2024.
  • A 5-year average of 0.21 and a median of 0.19 in 2022 frame the typical range for FCF Payout Ratio.
  • Annual changes were most pronounced in 2024 — FCF Payout Ratio declined 29.14% — and 2026, when it jumped 40.99%.
  • Tracing MA's FCF Payout Ratio over 5 years: stood at 0.16 in 2022, then slipped by 17.12% to 0.14 in 2023, then decreased by 4.49% to 0.13 in 2024, then increased by 9.48% to 0.14 in 2025, then soared by 54.96% to 0.22 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.22 (Q2 2026), 0.28 (Q1 2026), and 0.14 (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 0.21
2 Mastercard 506.53 Bn 493.04 Bn - 0.22
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 0.15
4 Capital One Financial 136.19 Bn 81.48 Bn - 0.06
5 PayPal Holdings 52.34 Bn 41.08 Bn - 0.07
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 0.04
8 Affirm Holdings 25.93 Bn 24.20 Bn - -
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn 0.07

Historic Data

Download Data
DateValue
Jun 30, 2026 0.22
Mar 31, 2026 0.28
Dec 31, 2025 0.14
Sep 30, 2025 0.13
Jun 30, 2025 0.15
Mar 31, 2025 0.32
Dec 31, 2024 0.13
Sep 30, 2024 0.12
Jun 30, 2024 0.21
Mar 31, 2024 0.41
Dec 31, 2023 0.14
Sep 30, 2023 0.17
Jun 30, 2023 0.21
Mar 31, 2023 0.32
Dec 31, 2022 0.16
Sep 30, 2022 0.13
Jun 30, 2022 0.20
Mar 31, 2022 0.29
Dec 31, 2021 0.52
Sep 30, 2021 -0.30