Mastercard MA
NYSE MA
$595.30 +3.61 (+0.61%)
At close: Aug 28, 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% YoY from 87.02% in Q2 2025, and up 3.56% on a QoQ basis from 19.33% in Q1 2026.

Analysis

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

Mastercard (MA) has 18 years of Tax Rate data on file, last reported at 20.01% in Q2 2026.

  • Quarterly Tax Rate fell 77.0% year-over-year to 20.01% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 19.41% (up 195.0% YoY) and the FY2025 annual result came in at 19.43%, up 383.0% from the prior year.
  • Tax Rate grew to 20.01% in Q2 2026, from 19.33% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 23.19% in Q2 2023 to a low of 5.12% in Q1 2022.
  • A 5-year average of 17.3% and a median of 17.77% in 2022 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate plunged 1141 bps — and 2023, when it surged 1212 bps.
  • Tracing MA's Tax Rate over 5 years: 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 increased by 20 bps to 20.01% in 2026.
  • The last three Tax Rate figures came in at 20.01% (Q2 2026), 19.33% (Q1 2026), and 16.74% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Visa 680.39 Bn 668.03 Bn - 17.64%
2 Mastercard 518.33 Bn 504.84 Bn - 20.01%
3 American Express 224.91 Bn 175.59 Bn 17.99 Bn 23.61%
4 Capital One Financial 132.31 Bn 77.60 Bn - 20.90%
5 PayPal Holdings 46.25 Bn 35.00 Bn - 15.73%
6 Affirm Holdings 26.22 Bn 24.59 Bn - -856.07%
7 Synchrony Financial 25.37 Bn 9.17 Bn - 25.38%
8 SoFi Technologies 23.30 Bn 20.18 Bn 1.02 Bn 23.36%
9 Ally Financial 12.85 Bn 5.01 Bn 2.08 Bn 23.65%
10 FirstCash Holdings 9.51 Bn 9.34 Bn 533.67 Mn 26.41%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.01
Jun 30, 2026 20.01
Jun 30, 2026 20.01
Mar 31, 2026 19.33
Mar 31, 2026 19.33
Mar 31, 2026 19.33
Dec 31, 2025 16.74
Dec 31, 2025 16.74
Dec 31, 2025 16.74
Sep 30, 2025 21.44
Sep 30, 2025 21.44
Sep 30, 2025 21.44
Jun 30, 2025 20.78
Jun 30, 2025 20.78
Jun 30, 2025 20.78
Mar 31, 2025 18.63
Mar 31, 2025 18.63
Mar 31, 2025 18.63
Dec 31, 2024 14.11
Dec 31, 2024 14.11