Mastercard (MA) Free Cash Flow (2009 - 2026)
Mastercard (MA) reported Free Cash Flow of $2.8 billion for Q1 2026, up 29.15% on a YoY basis from $2.2 billion in Q1 2025, and down 39.44% quarter-over-quarter from $4.7 billion in Q4 2025.
Mastercard (MA) Free Cash Flow (2009 - 2026) Analysis & Trends
Mastercard has reported Free Cash Flow for 18 years, with the latest figure at $2.8 billion in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 29.15% year-over-year to $2.8 billion; the trailing twelve-month figure through Mar 2026 stood at $17.6 billion (up 18.71% YoY), and the FY2025 full-year result was $16.9 billion, up 20.36% from the prior year.
- Free Cash Flow for Q1 2026 stood at $2.8 billion, down from $4.7 billion in the prior quarter.
- The five-year high for Free Cash Flow was $5.7 billion in Q3 2025, with the low at $1.5 billion in Q1 2024.
- Historically, Free Cash Flow has averaged $3.3 billion across 5 years, with a median of $3.1 billion in 2024.
- The largest YoY upside for Free Cash Flow was 60.72% in 2024 against a maximum downside of 19.79% in 2024.
- Mastercard's Free Cash Flow stood at $2.9 billion in 2022, then rose by 28.23% to $3.7 billion in 2023, then gained by 21.2% to $4.5 billion in 2024, then gained by 3.56% to $4.7 billion in 2025, then sank by 39.44% to $2.8 billion in 2026.
- The last three Free Cash Flow figures came in at $2.8 billion (Q1 2026), $4.7 billion (Q4 2025), and $5.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 2.63 Bn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 2.82 Bn |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 2.66 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 5.47 Bn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 903.00 Mn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 2.18 Bn |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 22.68 Bn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | -2.38 Bn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 1.37 Bn |
| 10 | Credit Acceptance | 6.24 Bn | 6.21 Bn | 562.70 Mn | 268.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.82 Bn |
| Mar 31, 2026 | 2.82 Bn |
| Dec 31, 2025 | 4.65 Bn |
| Dec 31, 2025 | 4.65 Bn |
| Sep 30, 2025 | 5.65 Bn |
| Sep 30, 2025 | 5.65 Bn |
| Jun 30, 2025 | 4.43 Bn |
| Jun 30, 2025 | 4.43 Bn |
| Mar 31, 2025 | 2.18 Bn |
| Mar 31, 2025 | 2.18 Bn |
| Dec 31, 2024 | 4.49 Bn |
| Dec 31, 2024 | 4.49 Bn |
| Sep 30, 2024 | 5.03 Bn |
| Sep 30, 2024 | 5.03 Bn |
| Jun 30, 2024 | 3.09 Bn |
| Jun 30, 2024 | 3.09 Bn |
| Mar 31, 2024 | 1.45 Bn |
| Mar 31, 2024 | 1.45 Bn |
| Dec 31, 2023 | 3.71 Bn |
| Dec 31, 2023 | 3.71 Bn |