Key facts
- 52-week range (closes)
- $471.55 – $604.80 Lowest close Jun 3, 2026, highest Oct 13, 2026; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
- Fiscal year ends
- December Fiscal 2025 ended Dec 31, 2025, from SEC filings
- In the S&P 500 since
- Jul 18, 2008 · All S&P 500 changes
- Analyst coverage
- 4 open price targets from 4 firms: Baird, KeyBanc Capital Markets, TD Cowen, Truist Securities Approved targets tracked here; see the analyst section below
Mastercard (MA) is trading up at $620.42 (+0.65%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Financials sector.
Analyst price targets on MA
Current price targets from 4 firms average $648, median $676, ranging from $561 to $680 — the average is 4% above the current $620. Each is tracked to its date and scored the same way a member's call is.
- KeyBanc Capital Markets $573 → $680 by Jul 2027 Jul 31, 2026 via MarketBeat · KeyBanc Capital Markets's track record
- Baird $538 → $680 by Jul 2027 Jul 14, 2026 via Yahoo Finance · Baird's track record
- TD Cowen $495 → $671 by Jun 2027 Jun 1, 2026 via Yahoo Finance · TD Cowen's track record
- Truist Securities $506 → $561 by May 2027 May 17, 2026 via Yahoo Finance · Truist Securities's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Mastercard revenue & net income history (FY2016–FY2025)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $10.8B | $12.5B | $21.8B | $25.0B | $23.6B | $29.8B | $22.2B | $25.1B | $28.2B | $32.8B |
| Growth (year over year) | +11.5% | +16.0% | +74.7% | +14.4% | −5.5% | +26.4% | −25.5% | +12.9% | +12.2% | +16.4% |
| Operating income | $5.76B | $6.62B | $7.28B | $9.66B | $8.08B | $10.1B | $12.3B | $14.0B | $15.6B | $18.9B |
| Operating margin | 53.5% | 53.0% | 33.4% | 38.7% | 34.2% | 33.8% | 55.2% | 55.8% | 55.3% | 57.6% |
| Net income | $4.06B | $3.92B | $5.86B | $8.12B | $6.41B | $8.69B | $9.93B | $11.2B | $12.9B | $15.0B |
| Net margin | 37.7% | 31.3% | 26.8% | 32.5% | 27.1% | 29.1% | 44.7% | 44.6% | 45.7% | 45.6% |
| EPS (diluted) | $3.69 | $3.65 | $5.60 | $7.94 | $6.37 | $8.76 | $10.22 | $11.83 | $13.89 | $16.52 |
| Balance sheet | ||||||||||
| Cash and equivalents | $6.72B | $5.93B | $6.68B | $6.99B | $10.1B | $7.42B | $7.01B | $8.59B | $8.44B | $10.6B |
| Total assets | $18.7B | $21.3B | $24.9B | $29.2B | $33.6B | $37.7B | $38.7B | $42.4B | $48.1B | $54.2B |
| Total liabilities | $13.0B | $15.8B | $19.4B | $23.2B | $27.1B | $30.3B | $32.3B | $35.5B | $41.6B | $46.4B |
| Long-term debt | $5.18B | $5.42B | $5.83B | $8.53B | $12.0B | $13.1B | $13.7B | $14.3B | $17.5B | $18.3B |
| Shareholders' equity | $5.66B | $5.47B | $5.39B | $5.89B | $6.39B | $7.31B | $6.30B | $6.93B | $6.49B | $7.74B |
| Cash flow | ||||||||||
| Operating cash flow | $4.64B | $5.66B | $6.22B | $8.18B | $7.22B | $9.46B | $11.2B | $12.0B | $14.8B | $17.6B |
| Capital expenditure | $215.0M | $300.0M | $330.0M | $422.0M | $339.0M | $407.0M | $442.0M | $371.0M | $474.0M | $489.0M |
| Free cash flow | $4.42B | $5.36B | $5.89B | $7.76B | $6.88B | $9.06B | $10.8B | $11.6B | $14.3B | $17.2B |
| Dividends paid | $837.0M | $942.0M | $1.04B | $1.34B | $1.60B | $1.74B | $1.90B | $2.16B | $2.45B | $2.76B |
| Share buybacks | $3.51B | $3.76B | $4.93B | $6.50B | $4.47B | $5.90B | $8.75B | $9.03B | $11.0B | $11.7B |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $7.37B | $7.49B | $7.25B | $8.13B | $8.60B | $8.81B | $8.40B | $9.28B |
| Growth (year over year) | +12.8% | +14.4% | +14.2% | +16.8% | +16.7% | +17.6% | +15.8% | +14.1% |
| Operating income | $4.00B | $3.94B | $4.15B | $4.78B | $5.06B | $4.91B | $4.91B | $5.59B |
| Operating margin | 54.3% | 52.6% | 57.2% | 58.7% | 58.8% | 55.8% | 58.4% | 60.2% |
| Net income | $3.26B | $3.34B | $3.28B | $3.70B | $3.93B | $4.06B | $3.88B | $4.39B |
| Net margin | 44.3% | 44.6% | 45.2% | 45.5% | 45.7% | 46.1% | 46.2% | 47.3% |
| EPS (diluted) | $3.53 | $3.64 | $3.59 | $4.07 | $4.34 | $4.52 | $4.35 | $4.97 |
| Balance sheet | ||||||||
| Cash and equivalents | $11.1B | $8.44B | $7.58B | $9.03B | $10.3B | $10.6B | $7.91B | $11.3B |
| Total assets | $47.2B | $48.1B | $48.5B | $51.4B | $53.3B | $54.2B | $52.4B | $57.7B |
| Total liabilities | $39.7B | $41.6B | $41.8B | $43.6B | $45.4B | $46.4B | $45.7B | $52.1B |
| Long-term debt | $17.6B | $17.5B | $18.8B | $19.0B | $19.0B | $18.3B | $17.2B | $22.2B |
| Shareholders' equity | $7.44B | $6.49B | $6.67B | $7.85B | $7.90B | $7.74B | $6.72B | $5.61B |
| Cash flow | ||||||||
| Operating cash flow | $5.14B | $4.83B | $2.38B | $4.60B | $5.66B | $5.00B | $3.00B | $3.77B |
| Capital expenditure | $107.0M | $95.0M | $159.0M | $40.0M | $178.0M | $112.0M | $154.0M | $291.0M |
| Free cash flow | $5.03B | $4.74B | $2.22B | $4.56B | $5.49B | $4.89B | $2.85B | $3.48B |
| Dividends paid | $611.0M | $606.0M | $694.0M | $691.0M | $687.0M | $684.0M | $777.0M | $771.0M |
| Share buybacks | $2.93B | $3.39B | $2.55B | $2.29B | $3.33B | $3.56B | $4.04B | $4.90B |
From Mastercard's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Mastercard vs the Financials sector and the S&P 500
Mastercard's latest reported figures next to the median of the other 75 S&P 500 Financials companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | Mastercard | Financials (75 other S&P 500 companies) | S&P 500 (502 other companies) |
|---|---|---|---|
| Revenue growth, latest fiscal year | +16.4% | +7.2% | +7.0% |
| Net margin, latest fiscal year | 45.6% | 19.3% | 12.9% |
| Dividend per share, latest fiscal year | $3.15 | $2.35 | $2.40 |
| Share price change, 1 year | +8.8% | +5.0% | +5.6% |
Mastercard: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Mastercard included, are the last regular-session prices of October 19, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 75/496, net margin 75/496, dividend per share 61/349, 1-year price change 75/490; the reasons below can overlap. 12 are left out of the price figure because our archive holds no comparable close for them; dividend medians are among the 61 sector and 349 S&P 500 companies reporting a per-share dividend. The S&P 500 price figure is the middle company's change, not the index's return.
About Mastercard
Mastercard Inc. is an American multinational payment card services corporation headquartered in Purchase, New York. It provides payment transaction processing and other related-payment services, including travel-related payments and bookings. Its principal business globally is to process payments between the banks of merchants and the card-issuing banks or credit unions of purchasers who use its branded debit, credit and prepaid cards to make purchases. Mastercard has been publicly traded since 2006.
Source: Wikipedia — Mastercard
- Headquarters
- Purchase, New York From SEC filings, Oct 2026
Recent News (20)
-
Mastercard (NYSE:MA) Share Price, Forecast & Analysis Mastercard (NYSE:MA) Share Price, Forecast & Analysis Stocks Down Under
-
Mastercard (MA) CFO Hai Ling sells shares at $620 under a pre-planned trading plan. Mastercard (MA) CFO Hai Ling sells shares at $620 under a pre-planned trading plan. Stock Titan
-
Precision Trading with Mastercard Incorporated (MA) Risk Zones Precision Trading with Mastercard Incorporated (MA) Risk Zones Stock Traders Daily
-
-
US Officials Press China On Market Access Issues For Mastercard And Citigroup US Officials Press China On Market Access Issues For Mastercard And Citigroup Yahoo Finance
-
How Stablecoin Payments Will Impact Mastercard (MA) Stock How Stablecoin Payments Will Impact Mastercard (MA) Stock Yahoo Finance
-
-
-
-
-
-
-
Mastercard (MA) Stock Forecast and Price Target 2026 $MA Mastercard (MA) Stock Forecast and Price Target 2026 $MA MarketBeat
-
-
-
-
-
-
-
More Financials stocks
- JPM JPMorgan Chase
- KEY KeyCorp
- KKR KKR & Co.
- L Loews Corporation
- MCO Moody's Corporation
- MET MetLife
- MRSH Marsh McLennan
- MS Morgan Stanley