Mastercard Key Ratios (2009-2026)

Reported Financials

Mastercard Quarterly Ratios

Periods 71 quarters

Latest Sep 2026

Mastercard ratios data for the quarter ended Sep 2026. These financial ratios cover 71 quarters of results from Mar 2009 through Sep 2026, standardized by Business Quant from the company’s SEC filings.

RatiosRatios	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025	Mar2026	Jun2026	Sep2026
Profitability
EBT Margin	54.12%	53.67%	50.90%	53.37%	53.10%	49.63%	59.08%	57.57%	50.72%	56.05%	56.59%	52.46%	51.96%	55.60%	57.44%	58.11%	55.37%	57.30%	59.14%
EBIT Margin	54.20%	57.09%	54.90%	54.07%	54.74%	54.56%	58.32%	58.84%	51.50%	56.77%	57.98%	54.34%	52.58%	57.23%	58.74%	58.84%	55.76%	58.43%	60.22%
EBITDA Margin	65.03%	69.13%	65.29%	63.97%	64.59%	64.46%	67.83%	68.41%	61.13%	66.65%	67.17%	64.20%	62.37%	67.59%	68.55%	68.40%	65.63%	69.37%	70.99%
Operating Margin	54.20%	57.09%	54.90%	54.07%	54.74%	54.56%	58.32%	58.84%	51.50%	56.77%	57.98%	54.34%	52.58%	57.23%	58.74%	58.84%	55.76%	58.43%	60.22%
Net Margin	45.61%	50.92%	41.39%	43.42%	43.41%	41.08%	45.38%	48.95%	42.62%	47.43%	46.80%	44.28%	44.63%	45.24%	45.51%	45.65%	46.10%	46.23%	47.30%
FCF Margin	58.80%	31.66%	43.70%	65.06%	51.06%	31.47%	41.76%	47.90%	61.90%	23.87%	43.43%	68.25%	63.28%	30.63%	56.10%	63.76%	55.53%	33.88%	37.53%
Efficiency
Assets AverageAssets Avg.	36,539.50M	37,416.00M	36,697.00M	36,921.50M	38,168.00M	38,830.00M	38,970.00M	39,339.00M	41,061.00M	42,525.00M	42,467.50M	44,785.00M	47,659.00M	48,275.50M	49,950.50M	52,360.00M	53,723.00M	53,303.00M	55,070.00M	57,920.00M
Equity AverageEquity Avg.	7,078.00M	7,242.50M	6,669.00M	6,329.50M	6,389.50M	5,871.00M	5,471.50M	5,958.50M	6,667.50M	7,130.50M	7,373.00M	7,467.50M	6,995.00M	6,605.50M	7,285.00M	7,896.50M	7,832.50M	7,234.00M	6,166.50M	6,175.50M
Invested CapitalInvested Cap.	21,284.00M	21,748.00M	20,717.00M	20,957.00M	20,379.00M	20,954.00M	21,177.00M	21,926.00M	22,656.00M	22,915.00M	23,065.00M	25,833.00M	24,741.00M	25,498.00M	26,844.00M	26,902.00M	26,746.00M	25,682.00M	30,254.00M
Asset Utilization RatioAsset Util.	0.52	0.53	0.57	0.59	0.58	0.59	0.61	0.62	0.61	0.60	0.62	0.61	0.59	0.60	0.61	0.60	0.61	0.64	0.64	0.63
Leverage & Solvency
Interest Coverage RatioInterest Cover	26.18	26.82	26.47	25.93	25.07	23.76	25.39	25.46	22.78	24.03	26.38	25.18	21.40	22.80	24.50	27.21	30.88	26.52	25.63
Debt Ratio	0.37	0.39	0.40	0.39	0.36	0.40	0.40	0.39	0.37	0.37	0.37	0.39	0.38	0.39	0.37	0.36	0.35	0.36	0.43
Times Interest Earned	26.18	26.82	26.47	25.93	25.07	23.76	25.39	25.46	22.78	24.03	26.38	25.18	21.40	22.80	24.50	27.21	30.88	26.52	25.63
Valuation
Price to EarningsP/E	40.21	36.40	31.23	27.77	33.21	35.42	35.98	33.75	35.33	37.57	33.06	36.57	37.08	37.66	37.19	35.66	33.84	28.25	27.51
Price to SalesP/S	18.50	17.36	14.52	12.56	14.83	14.99	15.60	15.14	15.76	17.32	15.35	16.55	16.95	17.03	16.71	16.15	15.45	12.96	12.75	13.23
Price to BookP/B	47.31	48.64	48.57	42.29	51.89	63.52	66.24	57.99	56.70	61.09	54.32	60.29	73.28	73.92	64.17	64.17	65.39	65.43	79.70	71.26
Enterprise Value	341,944.98M	338,596.77M	297,004.81M	264,087.43M	322,837.14M	335,604.18M	361,972.46M	361,988.76M	386,960.73M	437,817.00M	398,248.46M	439,613.87M	468,976.37M	487,402.36M	496,230.26M	497,876.85M	495,984.83M	431,947.70M	435,895.50M	480,256.44M
EV to EBIT	33.92	31.25	25.80	22.18	26.32	26.96	27.66	26.19	27.62	30.24	26.81	29.28	30.10	30.22	29.42	27.78	26.25	21.98	21.30
EV to EBITDA	28.08	25.94	21.52	18.55	22.11	22.78	23.51	22.37	23.55	25.82	22.92	24.92	25.61	25.68	24.97	23.67	22.40	18.73	18.11
Market Capitalization	349,294.98M	345,407.77M	302,860.81M	271,658.43M	329,787.14M	342,114.18M	368,089.46M	368,829.76M	395,502.73M	445,067.00M	405,205.46M	450,641.87M	477,388.37M	494,952.36M	505,240.26M	508,174.85M	506,541.83M	439,850.70M	447,191.50M	480,269.44M
Price to FCFP/FCF	38.57	37.16	31.85	25.04	30.67	31.31	33.04	35.04	34.07	39.33	34.57	33.09	33.37	32.97	30.52	29.88	29.52	24.73	26.77
EV to FCF	37.76	36.43	31.23	24.34	30.02	30.72	32.49	34.39	33.33	38.69	33.98	32.28	32.78	32.47	29.98	29.27	28.91	24.29	26.10
EV to CFO	36.13	34.61	29.79	23.40	28.84	29.62	31.28	33.06	32.30	37.32	32.72	31.23	31.73	31.47	29.27	28.48	28.10	23.65	25.00	28.48
Return Ratios
Return on Sales [ROS]ROS	54.20%	57.09%	54.90%	54.07%	54.74%	54.56%	58.32%	58.84%	51.50%	56.77%	57.98%	54.34%	52.58%	57.23%	58.74%	58.84%	55.76%	58.43%	60.22%
Return on Capital Employed [ROCE]ROCE	43.13%	42.51%	46.77%	50.79%	51.11%	49.45%	53.78%	55.68%	56.49%	56.50%	55.28%	54.62%	54.79%	52.97%	54.55%	56.60%	61.03%	64.72%	68.07%
Return on Invested Capital [ROIC]ROIC	40.54%	43.88%	46.91%	48.76%	50.22%	49.27%	49.98%	52.27%	51.58%	52.46%	54.33%	51.54%	52.01%	53.65%	53.20%	54.03%	56.76%	60.30%	58.97%
Return on Assets [ROA]ROA	23.77%	25.36%	26.43%	26.50%	26.02%	24.88%	26.25%	27.78%	27.26%	27.85%	28.86%	27.52%	27.01%	27.22%	27.20%	27.22%	27.86%	29.21%	29.52%	29.28%
Return on Equity [ROE]ROE	122.73%	131.03%	145.43%	154.58%	155.41%	164.54%	186.97%	183.42%	167.90%	166.12%	166.26%	165.02%	184.05%	198.97%	186.49%	180.46%	191.10%	215.23%	263.63%	274.60%

Mastercard Ratios API

Pull Mastercard's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/statements?ticker=MA&statement=Ratios&frequency=Quarter&period=all&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/statements"
params = {"ticker": "MA", "statement": "Ratios", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}

data = requests.get(url, params=params).json()

const res = await fetch("https://data.businessquant.com/statements?ticker=MA&statement=Ratios&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

Mastercard MA Ratios (2009-2026)

Mastercard Quarterly Ratios

Mastercard Ratios API

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