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Mastercard MA Interest coverage

Interest coverage at other companies

American Express logo
American ExpressAXP
2.7×+0.1×
Visa logo
VisaV
42.3×+8.7×
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
13.4×-0.8×
U.S. Bancorp logo
U.S. BancorpUSB
1.7×+0.1×
Capital One Financial logo
Capital One FinancialCOF
1.2×-0.2×
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
3.6×-1.2×

Other financials

Income statement

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Revenue$8.4B+15.8%
Operating income$4.9B+18.3%
Net income$3.9B+18.4%
EPS (diluted)$4.35+21.2%

Balance sheet

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Cash & equivalents$7.9B+4.4%
Total debt$19.0B+0.8%
Total equity$6.7B+0.7%
Total assets$52.4B+8.2%

Cash flow

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Operating cash flow$3.0B+26.0%
CapEx$154.0M-3.1%
Free cash flow$2.8B+28.1%

Valuation

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Market cap$435.6B-10.8%
Enterprise value$446.65B-10.6%
P/E28×-9.2×
P/S12.8×-4.0×

Profitability

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Operating margin57.9%+2.4pp
Net margin45.9%+0.7pp

Returns & leverage

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Return on equity232.6%+43.6pp
Debt / equity2.8×0.0×
Current ratio-0.1×

Where this comes from

Calculated from Mastercard’s reported figures.

Based on trailing twelve months.

The official record: Mastercard’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mastercard's interest coverage?
Mastercard (MA) reported interest coverage of 27.1× in Q1 2026.
How has Mastercard's interest coverage changed year-over-year?
Mastercard's interest coverage increased by 14.0% year-over-year, from 23.8× to 27.1×.
What is the long-term trend for Mastercard's interest coverage?
Over 4 years (2021 to 2025), Mastercard's interest coverage has grown at a 3.5% compound annual growth rate (CAGR), from 85× to 97.4×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.