Mastercard (MA) Interest Coverage Ratio (2009 - 2026)
Mastercard's (MA) Interest Coverage Ratio stood at 25.63 in Q2 2026, up 4.6% from 24.50 a year earlier but down 3.4% from the prior quarter.
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Analysis
Mastercard (MA) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Mastercard's Interest Coverage Ratio came in at 27.36 as of Jun 30, 2026, up 16.8% year-over-year; for FY2025, it came in at 26.17, up 8.5% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 24.12 in FY2024 (-1.0%), 24.36 in FY2023 (-6.4%), 26.04 in FY2022 (+11.3%) and 23.39 in FY2021 (+10.0%).
- Quarterly Interest Coverage Ratio has ranged from 21.40 in Q4 2024 to 30.88 in Q4 2025 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio has increased for four consecutive quarters, with growth averaging 6.7% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 44.3% in Q4 2025, against a decline of 11.4% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.52 (Q1 2026), 30.88 (Q4 2025) and 27.21 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | 35.45 |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | 25.63 |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | 21.16 |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | 3.34 |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 3.77 |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | -1.20 |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | 3.08 |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | 1.95 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.63 |
| Mar 31, 2026 | 26.52 |
| Dec 31, 2025 | 30.88 |
| Sep 30, 2025 | 27.21 |
| Jun 30, 2025 | 24.50 |
| Mar 31, 2025 | 22.80 |
| Dec 31, 2024 | 21.40 |
| Sep 30, 2024 | 25.18 |
| Jun 30, 2024 | 26.38 |
| Mar 31, 2024 | 24.03 |
| Dec 31, 2023 | 22.78 |
| Sep 30, 2023 | 25.46 |
| Jun 30, 2023 | 25.39 |
| Mar 31, 2023 | 23.76 |
| Dec 31, 2022 | 25.07 |
| Sep 30, 2022 | 25.93 |
| Jun 30, 2022 | 26.47 |
| Mar 31, 2022 | 26.82 |
| Dec 31, 2021 | 26.18 |
| Sep 30, 2021 | 24.70 |
API Access
Mastercard Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();