Mastercard (MA) Invested Capital (2009 - 2026)
Mastercard (MA) reported Invested Capital of $8.5 billion for Q1 2026, up 26.49% on a YoY basis from $6.7 billion in Q1 2025, and little changed quarter-over-quarter from $8.5 billion in Q4 2025.
Mastercard (MA) Invested Capital (2009 - 2026) Analysis & Trends
Mastercard has reported Invested Capital for 18 years, with the latest figure at $8.5 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 26.49% year-over-year to $8.5 billion; the trailing twelve-month figure through Mar 2026 stood at $8.5 billion (up 26.49% YoY), and the FY2025 full-year result was $8.5 billion, up 16.93% from the prior year.
- Invested Capital for Q1 2026 stood at $8.5 billion, roughly flat from $8.5 billion in the prior quarter.
- The five-year high for Invested Capital was $9.4 billion in Q1 2024, with the low at $5.7 billion in Q1 2023.
- Historically, Invested Capital has averaged $7.7 billion across 5 years, with a median of $7.9 billion in 2025.
- Annual changes were most pronounced in 2024 — Invested Capital jumped 65.52% — and 2025, when it retreated 28.55%.
- Mastercard's Invested Capital stood at $6.6 billion in 2022, then climbed by 25.37% to $8.3 billion in 2023, then retreated by 12.6% to $7.3 billion in 2024, then grew by 16.93% to $8.5 billion in 2025, then decreased by 0.29% to $8.5 billion in 2026.
- The last three Invested Capital figures came in at $8.5 billion (Q1 2026), $8.5 billion (Q4 2025), and $7.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 59.66 Bn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 8.47 Bn |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 92.75 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 112.26 Bn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 30.90 Bn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 32.91 Bn |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 3.78 Bn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 12.63 Bn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 32.96 Bn |
| 10 | Credit Acceptance | 6.24 Bn | 6.21 Bn | 562.70 Mn | 1.52 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.47 Bn |
| Dec 31, 2025 | 8.50 Bn |
| Sep 30, 2025 | 7.90 Bn |
| Jun 30, 2025 | 7.87 Bn |
| Mar 31, 2025 | 6.70 Bn |
| Dec 31, 2024 | 7.27 Bn |
| Sep 30, 2024 | 8.23 Bn |
| Jun 30, 2024 | 8.55 Bn |
| Mar 31, 2024 | 9.37 Bn |
| Dec 31, 2023 | 8.31 Bn |
| Sep 30, 2023 | 7.70 Bn |
| Jun 30, 2023 | 6.89 Bn |
| Mar 31, 2023 | 5.66 Bn |
| Dec 31, 2022 | 6.63 Bn |
| Sep 30, 2022 | 7.38 Bn |
| Jun 30, 2022 | 6.97 Bn |
| Mar 31, 2022 | 7.88 Bn |
| Dec 31, 2021 | 8.18 Bn |
| Sep 30, 2021 | 7.42 Bn |
| Jun 30, 2021 | 7.19 Bn |