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MastercardMA

Transaction & Payment Processing Services · Harrison, New York · In the S&P 500
High qualityPricier than peers
$638.01+0.36%After hours: $638.02 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 15.0% over 1 year
Mastercard over 1 yearDaily close, $, to 30 Oct 2026
$500$550$600Nov2026MarMayJulSep$638.01$500$600NovMarJul$638.01
Source: Nasdaq daily closes
Market value$559B
Price to earnings35.1x
Forward P/E30.0x
Dividend yield0.55%
Year to date+11.8%
One year+15.0%
Next earningsNot scheduled
SectorFinancials
52-week range (closes)
$471.55$638.01

Quality and valuation

How Mastercard compares with other financials stocks. A description, not a recommendation.

Mastercard and 7 transaction & payment processing services peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: pricier than most

A stronger business than most financials companies, priced above most of them.

Mastercard trades at 30.0 times the next 12 months of expected earnings, against a median of 13.0x for the 84 financials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +15.3% vs +10.2%
  • More profitable (operating margin): 58.6% vs 22.3%
  • Turns more of its sales into cash: 44.3% vs 20.3%
MA trades at 30.0x forward earnings, above the sector medianForward p/e, Transaction & Payment Processing Services peers
GPN6.6xFISV6.8xPYPL10.1xCPAY13.7xXYZ16.6xV28.6xMA30.0xAFRM38.0xSector median 13.0xGPN6.6xFISV6.8xPYPL10.1xCPAY13.7xXYZ16.6xV28.6xMA30.0xAFRM38.0xSector median 13.0x
Source: CNBC quotes; Mostly Markets
At 33.4x earnings, MA is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
30x35x40xAverage 35.7x2025202633.4x30x40xAverage 35.7x2025202633.4x
Source: Nasdaq prices; SEC filings

Financials

From Mastercard's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 14.0% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$2bn$5bn$8bnQ4 ’24Q2 ’25Q4 ’25$9.8bnQ3 ’26$0bn$5bnQ4 ’24Q2 ’25Q4 ’25$9.8bnQ3 ’26
Source: SEC filings
Growth slowed to +14.0% last quarterRevenue growth, year on year, %
0%5%10%15%Q4 ’24Q2 ’25Q4 ’2514.0%Q3 ’260%10%Q4 ’24Q2 ’25Q4 ’2514.0%Q3 ’26
Source: SEC filings
Operating margin was 59.8% last quarterOperating income as a share of revenue, %
0%20%40%60%Q4 ’24Q2 ’25Q4 ’2559.8%Q3 ’260%25%50%Q4 ’24Q2 ’25Q4 ’2559.8%Q3 ’26
Source: SEC filings
Free cash flow was $16.1 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$4.9bnQ3 ’26$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$4.9bnQ3 ’26
Source: SEC filings
Last 12 monthsMASector median
Revenue growth+15.3%+10.2%
Operating margin58.6%22.3%
Free cash flow margin44.3%20.3%
Price to earnings35.1x14.6x

Stories on Mastercard

Thursday, 29 October
Earnings

Mastercard (MA) Tops Q3 Estimates as Value-Added Services Grow 19%

Mastercard's revenue rose 14% to $9.81 billion, ahead of the $9.63 billion expected, as services sales grew 19%. The stock jumped 4.2% to a 52-week closing high.

MA▲ 4.2%
Paying by card at a cafe

Similar companies

Transaction & Payment Processing Services, by market value.

CompanyPriceTodayYTDValue
VVisa$413.59+0.74%+17.9%$769B
PYPLPayPal$57.01+0.11%−2.3%$47.36B
XYZBlock$76.22−0.95%+17.1%$45.79B
FISVFiserv$50.02+3.18%−25.5%$26.60B
CPAYCorpay$400.94+0.75%+33.2%$26.33B
GPNGlobal Payments$96.84+12.97%+25.1%$25.63B
AFRMAffirm$73.47−1.83%−1.3%$24.91B
FISFidelity National Information Services$38.55+3.41%−42.0%$19.88B