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
DateValue
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