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Mastercard is a technology company in the global payments industry. We connect consumers, financial institutions, merchants, governments, digital partners, businesses and other organizations worldwide by enabling electronic payments and making those payment transactions secure, simple, smart and accessible.
$477.68
$17.57 (-3.55%)
Last close via Marketstack
Margins and capital returns are both well above average: 57.63% operating margin, ROIC at 57.64%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue up 16.4% YoY with margins expanding 2.3pp.
At 28x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
27.6x earnings, 24.0x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$33.94B
▲ +16.4% YoY
Net Income (TTM)
$15.57B
▲ +16.3% YoY
Op. Margin
57.91%
▲ +2.3pp YoY
ROIC
59.33%
▲ +3.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$17.78B
▲ +19.9% YoY
Op. Cash Flow (TTM)
$18.27B
▲ +19.4% YoY
Net Debt
$11.05B
Cash & Equiv.
$7.91B
5Y CAGR: +16.5%
5Y CAGR: +20.0%
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