Mastercard MA
NYSE MA
$565.29 -0.47 (-0.08%)
At close: Sep 18, 2026 · 4:00 PM EDT

Mastercard (MA) Tax Rate (2009 - 2026)

Mastercard's (MA) quarterly Tax Rate came in at 20.01% in Q2 2026, down 77.0% on a YoY basis from 87.02% in Q2 2025, and up 3.56% quarter-over-quarter from 19.33% in Q1 2026.

Analysis

Mastercard (MA) Tax Rate (2009 - 2026) Analysis & Trends

Mastercard (MA) has reported Tax Rate for 18 consecutive years, with 20.01% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate fell 77.0% year-over-year to 20.01%; the trailing twelve-month figure through Jun 2026 stood at 19.41% (up 195.0% YoY), and the FY2025 full-year result was 19.43%, up 383.0% from the prior year.
  • Tax Rate improved to 20.01% in Q2 2026 per MA's latest filing, from 19.33% in the prior quarter.
  • Across five years, Tax Rate topped out at 23.19% in Q2 2023 and bottomed at 5.12% in Q1 2022.
  • Historically, Tax Rate has averaged 17.3% across 5 years, with a median of 17.77% in 2022.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate sank 1141 bps in 2022, then soared 1212 bps in 2023.
  • Over 5 years, Tax Rate stood at 18.26% in 2022, then fell by 13 bps to 15.96% in 2023, then dropped by 12 bps to 14.11% in 2024, then increased by 19 bps to 16.74% in 2025, then gained by 20 bps to 20.01% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 20.01%, 19.33%, and 16.74% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Visa 655.38 Bn 643.02 Bn - 17.64%
2 Mastercard 492.20 Bn 478.71 Bn - 20.01%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.01%
Mar 31, 2026 19.33%
Dec 31, 2025 16.74%
Sep 30, 2025 21.44%
Jun 30, 2025 20.78%
Mar 31, 2025 18.63%
Dec 31, 2024 14.11%
Sep 30, 2024 15.60%
Jun 30, 2024 17.29%
Mar 31, 2024 15.37%
Dec 31, 2023 15.96%
Sep 30, 2023 14.97%
Jun 30, 2023 23.19%
Mar 31, 2023 17.25%
Dec 31, 2022 18.26%
Sep 30, 2022 18.65%
Jun 30, 2022 18.69%
Mar 31, 2022 5.12%
Dec 31, 2021 15.73%
Sep 30, 2021 14.28%