Mastercard (MA) Total Debt (2009 - 2026)

Mastercard (MA) reported Total Debt of $19.0 billion for Q1 2026, up 0.84% on a YoY basis from $18.8 billion in Q1 2025, and little changed quarter-over-quarter from $19.0 billion in Q4 2025.

Mastercard (MA) Total Debt (2009 - 2026) Analysis & Trends

Mastercard has reported Total Debt for 15 years, with the latest figure at $19.0 billion in Q1 2026.

  • For the quarter ending Q1 2026, Total Debt rose 0.84% year-over-year to $19.0 billion; the trailing twelve-month figure through Mar 2026 stood at $19.0 billion (up 0.84% YoY), and the FY2025 full-year result was $19.0 billion, up 4.25% from the prior year.
  • Total Debt for Q1 2026 stood at $19.0 billion, roughly flat from $19.0 billion in the prior quarter.
  • The five-year high for Total Debt was $19.0 billion in Q4 2025, with the low at $14.0 billion in Q4 2022.
  • Historically, Total Debt has averaged $16.6 billion across 5 years, with a median of $15.6 billion in 2024.
  • Annual changes were most pronounced in 2024 — Total Debt retreated 0.1% — and 2025, when it rose 21.56%.
  • Mastercard's Total Debt 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 fell by 0.21% to $19.0 billion in 2026.
  • The last three Total Debt figures came in at $19.0 billion (Q1 2026), $19.0 billion (Q4 2025), and $19.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 23.98 Bn
2 Mastercard 437.55 Bn 427.34 Bn - 18.96 Bn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 1.69 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn - 38.42 Bn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 9.41 Bn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 7.51 Bn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 2.42 Bn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn -
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 4.13 Bn
10 Credit Acceptance 6.24 Bn 6.21 Bn 562.70 Mn 5.16 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 13.90 Bn