Mastercard (MA) Tax Rate (2009 - 2026)

Mastercard has reported Tax Rate for 18 years, with the latest figure at 19.33% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 70.0% year-over-year to 19.33%; the trailing twelve-month figure through Mar 2026 stood at 19.57% (up 314.0% YoY), and the FY2025 full-year result was 19.43%, up 383.0% from the prior year.
• Tax Rate for Q1 2026 stood at 19.33%, up from 16.74% in the prior quarter.
• The five-year high for Tax Rate was 23.19% in Q2 2023, with the low at 5.12% in Q1 2022.
• Historically, Tax Rate has averaged 17.14% across 5 years, with a median of 17.29% in 2024.
• Annual changes were most pronounced in 2022 — Tax Rate plunged 1141 bps — and 2023, when it surged 1212 bps.
• Mastercard's Tax Rate stood at 18.26% in 2022, then dropped by 13 bps to 15.96% in 2023, then decreased by 12 bps to 14.11% in 2024, then climbed by 19 bps to 16.74% in 2025, then advanced by 15 bps to 19.33% in 2026.
• The last three Tax Rate figures came in at 19.33% (Q1 2026), 16.74% (Q4 2025), and 21.44% (Q3 2025), per Business Quant data.