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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 17.64%
2 Mastercard 506.53 Bn 493.04 Bn - 20.01%
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 23.61%
4 Capital One Financial 136.19 Bn 81.48 Bn - 20.90%
5 PayPal Holdings 52.34 Bn 41.08 Bn - 15.73%
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 25.38%
8 Affirm Holdings 25.93 Bn 24.20 Bn - 4.17%
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 16.45%
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn 23.65%

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%