KPIs & Operating Metrics(New)
Growth Metrics

Mastercard (MA) Tax Rate (2016 - 2026)

Mastercard filings provide 18 years of Tax Rate readings, the most recent being 19.33% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 70.0% to 19.33% in Q1 2026 year-over-year; TTM through Mar 2026 was 19.57%, a 314.0% increase, with the full-year FY2025 number at 19.43%, up 383.0% from a year prior.
  • Tax Rate hit 19.33% in Q1 2026 for Mastercard, up from 16.74% 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.
  • Median Tax Rate over the past 5 years was 17.29% (2024), compared with a mean of 17.14%.
  • Biggest five-year swings in Tax Rate: tumbled -1141bps in 2022 and later skyrocketed 1212bps in 2023.
  • Mastercard's Tax Rate stood at 18.26% in 2022, then fell by -13bps to 15.96% in 2023, then dropped by -12bps to 14.11% in 2024, then increased by 19bps to 16.74% in 2025, then grew by 15bps to 19.33% in 2026.
  • The last three reported values for Tax Rate were 19.33% (Q1 2026), 16.74% (Q4 2025), and 21.44% (Q3 2025) per Business Quant data.