Mastercard (MA) Return on Sales [ROS] (2009 - 2026)
Mastercard (MA) reported Return on Sales [ROS] of 60.22% for Q2 2026, up 1.49 percentage points from 58.74% a year earlier and up 1.79 percentage points from the prior quarter.
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Analysis
Mastercard (MA) Return on Sales [ROS] (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mastercard's Return on Sales [ROS] came in at 58.33%, up 2.55 percentage points year-over-year; for FY2025, it was 57.63%, up 2.31 percentage points from FY2024.
- Return on Sales [ROS] has a five-year change of +4.82 percentage points (FY2020 to FY2025).
- By year, Return on Sales [ROS] came in at 55.32% in FY2024 (-0.49 pp), 55.81% in FY2023 (+0.66 pp), 55.15% in FY2022 (+1.76 pp) and 53.39% in FY2021 (+0.58 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Sales [ROS] since Q1 2015.
- Year over year, Return on Sales [ROS] has now increased in each of the last seven quarters, with an average year-over-year change of +1.02 percentage points over the last eight quarters.
- The high point for year-over-year Return on Sales [ROS] in five years was Q3 2023 (a gain of 4.77 percentage points); the low point was Q3 2024 (a drop of 4.50 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 58.43% (Q1 2026), 55.76% (Q4 2025) and 58.84% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | 59.12% |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | 60.22% |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | 13.47% |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | 13.04% |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 6.67% |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | -46.55% |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | 30.70% |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | 49.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.22% |
| Mar 31, 2026 | 58.43% |
| Dec 31, 2025 | 55.76% |
| Sep 30, 2025 | 58.84% |
| Jun 30, 2025 | 58.74% |
| Mar 31, 2025 | 57.23% |
| Dec 31, 2024 | 52.58% |
| Sep 30, 2024 | 54.34% |
| Jun 30, 2024 | 57.98% |
| Mar 31, 2024 | 56.77% |
| Dec 31, 2023 | 51.50% |
| Sep 30, 2023 | 58.84% |
| Jun 30, 2023 | 58.32% |
| Mar 31, 2023 | 54.56% |
| Dec 31, 2022 | 54.74% |
| Sep 30, 2022 | 54.07% |
| Jun 30, 2022 | 54.90% |
| Mar 31, 2022 | 57.09% |
| Dec 31, 2021 | 54.20% |
| Sep 30, 2021 | 54.50% |
API Access
Mastercard Return on Sales [ROS] 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=return-on-sales-%5Bros%5D&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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=return-on-sales-%5Bros%5D&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();