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Mastercard MA Business Segments — Labor and Related Expense

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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$462.29B-9.9%
Enterprise value$473.35B-9.5%
P/E29.7×-8.1×
P/S13.6×-3.3×

Profitability

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Operating margin57.9%+2.4pp
Net margin45.9%+0.7pp
FCF margin52.4%+0.8pp

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

Reported directly by Mastercard in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

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 business segments — labor and related expense?
Mastercard (MA) reported business segments — labor and related expense of $2.04B in Q1 2026.
How has Mastercard's business segments — labor and related expense changed year-over-year?
Mastercard's business segments — labor and related expense increased by 20.7% year-over-year, from $1.69B to $2.04B.
What is the long-term trend for Mastercard's business segments — labor and related expense?
Over 3 years (2022 to 2025), Mastercard's business segments — labor and related expense has grown at a 11.3% compound annual growth rate (CAGR), from $5.26B to $7.25B.
What does business segments — labor and related expense mean?
This metric captures the total compensation, benefits, and payroll-related costs associated with personnel dedicated to the Payment Solutions segment. It reflects the human capital investment required to maintain, develop, and support payment processing infrastructure. Monitoring this helps assess the operational efficiency and scalability of the segment's workforce.