Mastercard (MA) Goodwill (2009 - 2026)
Mastercard (MA) recorded Goodwill of $9.5 billion in Q2 2026, down 1.0% from $9.6 billion a year earlier and down 0.3% from the prior quarter.
Analysis
Mastercard (MA) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, Mastercard reported Goodwill of $9.56 billion, up 4.0% from FY2024.
- Annual Goodwill has increased for three straight years, with a five-year compound annual growth rate of 14.0% (FY2020 to FY2025).
- Across earlier years, Goodwill came in at $9.19 billion in FY2024 (+20.0%), $7.66 billion in FY2023 (+1.8%), $7.52 billion in FY2022 (-1.8%) and $7.66 billion in FY2021 (+54.5%).
- The Q2 2026 figure is the lowest quarterly Goodwill since Q1 2025.
- On a year-over-year basis, Goodwill rose in seven of the last eight quarters, with growth averaging 12.8%.
- Peak year-over-year performance for Goodwill in the last five years was growth of 82.0% in Q3 2021, against a decline of 5.2% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $9.53 billion (Q1 2026), $9.56 billion (Q4 2025) and $9.57 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 691.47 Bn | 691.47 Bn | - |
| 2 | Mastercard | 563.07 Bn | 563.07 Bn | - |
| 3 | Wise | 10.86 Bn | 10.86 Bn | - |
| 4 | Remitly Global | 5.06 Bn | 2.72 Bn | 307.34 Mn |
| 5 | Western Union | 1.91 Bn | -2.10 Bn | 336.50 Mn |
| 6 | International Money Express | 273.40 Mn | -346.75 Mn | - |
| 7 | Currenc | 131.25 Mn | -120.04 Mn | 3.70 Mn |
| 8 | Sentage Holdings | 4.77 Mn | 689,111.05 | - |
| 9 | American Express | 214.16 Bn | 13.64 Bn | - |
| 10 | Capital One Financial | 126.74 Bn | 126.74 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.80 Bn |
| Jun 30, 2026 | 9.50 Bn |
| Mar 31, 2026 | 9.53 Bn |
| Dec 31, 2025 | 9.56 Bn |
| Sep 30, 2025 | 9.57 Bn |
| Jun 30, 2025 | 9.60 Bn |
| Mar 31, 2025 | 9.35 Bn |
| Dec 31, 2024 | 9.19 Bn |
| Sep 30, 2024 | 7.72 Bn |
| Jun 30, 2024 | 7.56 Bn |
| Mar 31, 2024 | 7.55 Bn |
| Dec 31, 2023 | 7.66 Bn |
| Sep 30, 2023 | 7.49 Bn |
| Jun 30, 2023 | 7.58 Bn |
| Mar 31, 2023 | 7.58 Bn |
| Dec 31, 2022 | 7.52 Bn |
| Sep 30, 2022 | 7.18 Bn |
| Jun 30, 2022 | 7.52 Bn |
| Mar 31, 2022 | 7.63 Bn |
| Dec 31, 2021 | 7.66 Bn |
API Access
Mastercard Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=MA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "MA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();