KPIs & Operating Metrics(New)
Growth Metrics

Mastercard (MA) Operating Margin (2016 - 2025)

Mastercard (MA) has disclosed Operating Margin for 17 consecutive years, with 55.76% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Margin rose 317.0% year-over-year to 55.76%, compared with a TTM value of 57.63% through Dec 2025, up 231.0%, and an annual FY2025 reading of 57.63%, up 231.0% over the prior year.
  • Operating Margin was 55.76% for Q4 2025 at Mastercard, down from 58.84% in the prior quarter.
  • Across five years, Operating Margin topped out at 58.84% in Q3 2023 and bottomed at 51.5% in Q4 2023.
  • Average Operating Margin over 5 years is 55.48%, with a median of 54.82% recorded in 2022.
  • The sharpest move saw Operating Margin surged 477bps in 2023, then crashed -450bps in 2024.
  • Year by year, Operating Margin stood at 54.2% in 2021, then rose by 1bps to 54.74% in 2022, then dropped by -6bps to 51.5% in 2023, then rose by 2bps to 52.58% in 2024, then increased by 6bps to 55.76% in 2025.
  • Business Quant data shows Operating Margin for MA at 55.76% in Q4 2025, 58.84% in Q3 2025, and 58.74% in Q2 2025.