Mastercard (MA) Price to Earnings (2009 - 2026)
Mastercard's (MA) Price to Earnings stood at 27.51 in Q2 2026, down 26.0% from 37.19 a year earlier and down 2.6% from the prior quarter.
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Analysis
Mastercard (MA) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Mastercard's Price to Earnings came in at 33.84, down 8.7% from FY2024.
- Across earlier years, Price to Earnings came in at 37.08 in FY2024 (+5.0%), 35.33 in FY2023 (+6.4%), 33.21 in FY2022 (-17.4%) and 40.21 in FY2021 (-26.8%).
- The Q2 2026 figure is the lowest quarterly Price to Earnings since Q4 2016.
- On a year-over-year basis, Price to Earnings has declined for four consecutive quarters, with an average decline of 4.5% over the last eight quarters.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 21.5% in Q3 2023, against a decline of 37.2% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 28.25 (Q1 2026), 33.84 (Q4 2025) and 35.66 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.51 |
| Mar 31, 2026 | 28.25 |
| Dec 31, 2025 | 33.84 |
| Sep 30, 2025 | 35.66 |
| Jun 30, 2025 | 37.19 |
| Mar 31, 2025 | 37.66 |
| Dec 31, 2024 | 37.08 |
| Sep 30, 2024 | 36.57 |
| Jun 30, 2024 | 33.06 |
| Mar 31, 2024 | 37.57 |
| Dec 31, 2023 | 35.33 |
| Sep 30, 2023 | 33.75 |
| Jun 30, 2023 | 35.98 |
| Mar 31, 2023 | 35.42 |
| Dec 31, 2022 | 33.21 |
| Sep 30, 2022 | 27.77 |
| Jun 30, 2022 | 31.23 |
| Mar 31, 2022 | 36.40 |
| Dec 31, 2021 | 40.21 |
| Sep 30, 2021 | 41.92 |
API Access
Mastercard Price to Earnings 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=price-to-earnings&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();