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Mastercard MA Net margin

Net margin at other companies

American Express logo
American ExpressAXP
15.1%+0.3pp
Visa logo
VisaV
50.8%-1.4pp
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
16.4%0.0pp
Pathward Financial, Inc. logo
Pathward Financial, Inc.CASH
21.3%-0.4pp
CPI Card Group logo
CPI Card GroupPMTS
2.2%-1.7pp
U.S. Bancorp logo
U.S. BancorpUSB
27%+2.8pp

Other financials

Income statement

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Revenue$9.3B+14.1%
Operating income$5.6B+17.0%
Net income$4.4B+18.6%
EPS (diluted)$4.97+22.1%

Balance sheet

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Cash & equivalents$11.3B+25.0%
Total debt$24.6B+29.9%
Total equity$5.6B-28.5%
Total assets$57.7B+12.2%

Cash flow

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Operating cash flow$3.8B-18.0%
CapEx$291.0M+628%
Free cash flow$3.5B-23.7%

Valuation

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Market cap$502.04B-2.5%
Enterprise value$515.39B-1.8%
P/E30.9×-7.0×
P/S14.3×-2.7×

Profitability

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Operating margin58.3%+2.6pp
FCF margin47.6%-7.1pp

Returns & leverage

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Return on equity241.5%+63.6pp
Debt / equity4.4×+2.0×
Current ratio1.1×-0.1×

Where this comes from

Calculated from Mastercard’s reported figures.

Based on trailing twelve months.

The source filing: Mastercard’s 10-Q, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 10:28 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001141391-26-000083

FAQ

What is Mastercard's net margin?
Mastercard (MA) reported net margin of 46.3% in Q2 2026.
How has Mastercard's net margin changed year-over-year?
Mastercard's net margin increased by 3.1% year-over-year, from 44.9% to 46.3%.
What is the long-term trend for Mastercard's net margin?
Over 5 years (2020 to 2025), Mastercard's net margin has grown at a 1.7% compound annual growth rate (CAGR), from 41.9% to 45.6%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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