Mastercard (MA) Total Debt (2009 - 2026)
Mastercard's (MA) quarterly Total Debt came in at $24.6 billion in Q2 2026, up 29.91% YoY from $19.0 billion in Q2 2025, and up 29.97% on a QoQ basis from $19.0 billion in Q1 2026.
Analysis
Mastercard (MA) Total Debt (2009 - 2026) Analysis & Trends
Mastercard (MA) has 15 years of Total Debt data on file, last reported at $24.6 billion in Q2 2026.
- Quarterly Total Debt rose 29.91% year-over-year to $24.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $24.6 billion (up 29.91% YoY) and the FY2025 annual result came in at $19.0 billion, up 4.25% from the prior year.
- Total Debt advanced to $24.6 billion in Q2 2026, from $19.0 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $24.6 billion in Q2 2026 to a low of $14.0 billion in Q4 2022.
- A 5-year average of $17.1 billion and a median of $15.7 billion in 2023 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2024 — Total Debt retreated 0.1% — and 2026, when it increased 29.91%.
- Tracing MA's Total Debt over 5 years: stood at $14.0 billion in 2022, then increased by 11.82% to $15.7 billion in 2023, then climbed by 16.23% to $18.2 billion in 2024, then climbed by 4.25% to $19.0 billion in 2025, then climbed by 29.7% to $24.6 billion in 2026.
- The last three Total Debt figures came in at $24.6 billion (Q2 2026), $19.0 billion (Q1 2026), and $19.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 23.86 Bn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 24.64 Bn |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 59.05 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 35.62 Bn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 15.23 Bn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 3.33 Bn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 16.43 Bn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | - |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 22.97 Bn |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 2.35 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.64 Bn |
| Mar 31, 2026 | 18.96 Bn |
| Dec 31, 2025 | 19.00 Bn |
| Sep 30, 2025 | 18.98 Bn |
| Jun 30, 2025 | 18.97 Bn |
| Mar 31, 2025 | 18.80 Bn |
| Dec 31, 2024 | 18.23 Bn |
| Sep 30, 2024 | 18.36 Bn |
| Jun 30, 2024 | 15.61 Bn |
| Mar 31, 2024 | 15.63 Bn |
| Dec 31, 2023 | 15.68 Bn |
| Sep 30, 2023 | 15.57 Bn |
| Jun 30, 2023 | 15.62 Bn |
| Mar 31, 2023 | 15.57 Bn |
| Dec 31, 2022 | 14.02 Bn |
| Sep 30, 2022 | 14.53 Bn |
| Jun 30, 2022 | 14.48 Bn |
| Mar 31, 2022 | 14.65 Bn |
| Dec 31, 2021 | 13.90 Bn |
| Sep 30, 2021 | 13.86 Bn |