Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
MA · NYSE · Financial
Fundamental quality
93
out of 100
Mastercard Inc fits the profile of a quality compounder: it pairs high return on capital (ROE 289.7%) with wide margins (net margin 46.3%) and a business that keeps growing (16.3% a year). On fundamental quality it scores 93 out of 100, profiling it as a company with solid fundamentals. Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Mastercard runs one of the world's largest payment networks. Like Visa, it doesn't lend money or issue cards: it takes a small fee on every transaction across its network, a high-margin and very stable model.
EPS growth: 21% · Revenue growth: 16.3%
Net margin: 46.3% · ROE: 289.7% · ROIC: 87%
Net debt/EBITDA: 0.62x · FCF: 47.6%
Source: SEC EDGAR · TTM through 30/06/2026
The score includes +3 for dividend strength: 12 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.
The score combines growth, profitability and financial strength, and here its pillars hold up evenly.
Percentile against the other 71 Financial companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 15,301 | 6,411 | 6,885 | 2,559 |
| 2021 | 18,884 | 8,687 | 9,056 | 6,480 |
| 2022 | 22,237 | 9,930 | 10,753 | 7,015 |
| 2023 | 25,098 | 11,195 | 11,609 | 7,093 |
| 2024 | 28,167 | 12,874 | 14,306 | 9,784 |
| 2025 | 32,791 | 14,968 | 17,159 | 8,434 |
Between 2020 and 2025, revenue went from $15,301M to $32,791M (+114%) and net income went from $6,411M to $14,968M (+133%). Meanwhile, its margins have widened (from 42% to 46%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):
Compared with the previous close (March 31, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
$3.15
per share, yearly
18.4% of earnings
Payout
at least 12 straight years raising it
Growth
That is what we can verify in the SEC filings, whose structured data only starts in 2008 and which many companies begin tagging later. The real streak may be considerably longer.
The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →
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Is Mastercard Inc cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Mastercard Inc a good company to invest in?
In terms of business quality, Mastercard Inc scores 93 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Mastercard Inc a profitable company?
Very. Mastercard Inc shows a net margin of 46.3% and an ROE of 289.7%, typical of a highly profitable business.
Does Mastercard Inc have a lot of debt?
Not particularly. Its net debt is 0.62 times its EBITDA, a low level.
Is Mastercard Inc growing?
Its revenue has grown 16.3% annualized in recent years and its earnings per share 21%, and without interruption since 2020.
Does Mastercard Inc generate cash?
Yes. It converts about 47.6% of its revenue into free cash flow, and has done so positively year after year.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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Compare Mastercard Inc with 500+ companies in the screener →
Who's behind the methodology and model · how the score is computed
Data: see Mastercard Inc's filings on EDGAR
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