DalsnaFinance Account

Mastercard $MA

Financials · Transaction & Payment Processing Services · NYSE/NASDAQ

S&P 500 Russell 1000 New York

Create a scorecard

$616.32

+13.08 (+2.17%)

As of Oct 15, 2026, 10:49 PM EDT

Price history

Loading chart…

Today's analyst average Analyst average over timeIndividual analyst targets Analyst history starts May 17, 2026, the first target we tracked for MA.

Mastercard (MA) is trading up at $616.32 (+2.17%) 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 5% above the current $616. Each is tracked to its date and scored the same way a member's call is.

KeyBanc Capital Markets $573 → $680 by Jul 2027 overweight Jul 31, 2026 via MarketBeat · KeyBanc Capital Markets's track record
Baird $538 → $680 by Jul 2027 Outperform Jul 14, 2026 via Yahoo Finance · Baird's track record
TD Cowen $495 → $671 by Jun 2027 Buy Jun 1, 2026 via Yahoo Finance · TD Cowen's track record
Truist Securities $506 → $561 by May 2027 Buy 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)

RevenueNet incomeNet margin (right axis, %)

Mastercard annual financial statements
	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

RevenueNet incomeNet margin (right axis, %)

Mastercard quarterly financial statements
	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 →

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