KPIs & Operating Metrics(New)
Growth Metrics

Mastercard (MA) Tax Rate (2016 - 2025)

Mastercard's Tax Rate history spans 17 years, with the latest figure at 16.74% for Q4 2025.

  • For Q4 2025, Tax Rate rose 263.0% year-over-year to 16.74%; the TTM value through Dec 2025 reached 19.43%, up 383.0%, while the annual FY2025 figure was 19.43%, 383.0% up from the prior year.
  • Tax Rate reached 16.74% in Q4 2025 per MA's latest filing, down from 21.44% 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.
  • Average Tax Rate over 5 years is 16.76%, with a median of 16.68% recorded in 2021.
  • Peak YoY movement for Tax Rate: plummeted -1141bps in 2022, then soared 1212bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 15.73% in 2021, then grew by 16bps to 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.
  • Per Business Quant, the three most recent readings for MA's Tax Rate are 16.74% (Q4 2025), 21.44% (Q3 2025), and 20.78% (Q2 2025).