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Mastercard Incorporated's published Hold conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $507.4B | |
|---|---|---|
| Revenue (ttm) | 35.1B | |
| Net income (ttm) | 16.3B | |
| EPS (ttm) | $18.2 | |
| Shares out | 876M | |
| P/E (trailing) | 33.6x | |
| P/E (forward) | 25.3x | |
| Dividend | $3.48 (0.57%) | |
| Volume | 2,618,911 | |
| Beta | 0.76 |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $18.88B | $22.24B | $25.10B | $28.17B | $32.79B | +14.8% |
| Gross profit | $18.88B | $22.24B | $25.10B | $28.17B | $32.79B | +14.8% |
| Operating income | $10.74B | $12.20B | $14.21B | $15.90B | $19.30B | +15.8% |
| Net income | $8.69B | $9.93B | $11.20B | $12.87B | $14.97B | +14.6% |
| EPS (diluted) | $8.41 | $10.65 | $12.26 | $14.61 | $17.02 | +19.3% |
| EBITDA | $11.46B | $12.95B | $15.01B | $16.80B | $20.44B | +15.6% |
| R&D | — | — | — | — | — | — |
| SG&A | $7.04B | $7.98B | $8.84B | $10.13B | $11.21B | +12.3% |
Recent company headlines from major financial publishers.
The base path assumes annual forecasts remain firm and operating margin stays at or above its accepted floor. It weakens if FY2027 diluted shares exceed 906 million or FY2028 international growth falls below its accepted floor.
Upside persists if international growth stays above its accepted FY2028 floor and services outgrows Payment Network through FY2028. Falling services growth relative to the network would disconfirm this path.
| Ke ↓ / g → | 2.6% | 3.1% | 3.6% | 4.1% | 4.6% |
|---|---|---|---|---|---|
| 6.2% | $785 | $850 | $943 | $1,086 | $1,337 |
| 7.2% | $657 | $691 | $735 | $795 | $879 |
| 8.2% | $573 | $593 | $622 | $649 | $689 |
| 9.2% | $512 | $525 | $541 | $559 | $582 |
| 10.2% | $467 | $476 | $486 | $498 | $512 |
Upcoming earnings date and setup when available.
The rating each month's published research edition carried. A rating compares the price at analysis with the Fair value; it is not a record of whether the call was right.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
