Not investment advice. FilingSight is an automated analytical research tool, not a registered investment advisor. Ratings and scores are quantitative analytical classifications, not buy or sell recommendations. Nothing here is personalized to your circumstances. Investing involves risk of loss — consult a licensed professional. See full disclosures.
Create a free account to read 3 full reports each month — plus a 14-day Pro trial. Get started →
Mastercard Inc.
MAFinancialsGenerated Jul 5, 2026, 08:09 PM UTC
MA (Mastercard Inc.) analytical snapshot. Revenue grew +12.9% YoY to $25.10B. Net margin at 0.00% (contracting ▼). Return on equity 0.00%, ROA 0.00%, ROIC 216.01%. Market cap $66.09B at $539.39 per share. Trailing P/E 45.60, P/S 2.63, P/B 9.84. EV/Operating income ≈ 4.16 (EV $58.21B). Risk: Moderate. Macro: Risk-on · Supportive. Composite analytical score 8 (data confidence 82%). Descriptive analytics from public filings — not investment advice.
Market cap
$66.09B
122.53M shares
Price
$539.39
NYQ
P/E (ttm)
45.60
Revenue (FY)
$25.10B
YoY +12.9%
Net margin
0.00%
▼ 0.00pp
Free cash flow
$11.61B
46.25% margin
Risk level
Moderate
Free SEC analysis
— computed from SEC filings, free to readFree previewFundamentals Analyst
Fundamentals
Fundamentals Analyst
score 15Stable
80% conf
Revenue grew +12.9% YoY to $25.10B. Net margin at 0.00% (contracting ▼). Return on equity 0.00%, ROA 0.00%, ROIC 216.01%.
- Revenue grew +12.9% YoY to $25.10B.
- Net margin at 0.00% (contracting ▼).
- Return on equity 0.00%, ROA 0.00%, ROIC 216.01%.
- Gross margin 0.00%, operating margin 55.81%.
- Free cash flow margin 46.25% ($11.61B).
- Debt/equity 0.00, current ratio 0.98, net debt -$7.88B.
- Asset turnover 0.48 — capital efficiency.
Revenue (FY)
$25.10B
YoY +12.9%
Net margin
0.00%
▼ 0.00pp
ROE
0.00%
ROA 0.00%
ROIC
216.01%
EPS (diluted)
$11.83
FY2025
Free cash flow
$11.61B
46.25% margin
Debt / equity
0.00
Cash $7.91B
Current ratio
0.98
Equity $6.72B
Annual fundamentals — up to 10 years (SEC 10-K, US-GAAP)
| FY | Revenue | Rev YoY | Gross% | Op% | Net% | FCF | ROE% |
|---|---|---|---|---|---|---|---|
| 2016 | — | — | — | — | — | $3.23B | 0.00 |
| 2017 | — | — | — | — | — | — | 0.00 |
| 2018 | — | — | — | — | — | — | 0.00 |
| 2019 | $12.50B | — | 0.00 | 52.99 | 0.00 | $5.36B | 0.00 |
| 2020 | $14.95B | +19.6% | 0.00 | 48.71 | 0.00 | $5.89B | 0.00 |
| 2021 | $16.88B | +12.9% | 0.00 | 57.24 | 0.00 | $7.76B | 0.00 |
| 2022 | $15.30B | -9.4% | 0.00 | 52.81 | 0.00 | $6.88B | 0.00 |
| 2023 | $18.88B | +23.4% | 0.00 | 53.39 | 0.00 | $9.06B | 0.00 |
| 2024 | $22.24B | +17.8% | 0.00 | 55.15 | 0.00 | $10.75B | 0.00 |
| 2025 | $25.10B | +12.9% | 0.00 | 55.81 | 0.00 | $11.61B | 0.00 |
Quarterly revenue trend (last 6 quarters, SEC 10-Q)
| Quarter end | Revenue | YoY | QoQ | Net margin |
|---|---|---|---|---|
| Mar 31, 2025 | $7.25B | +14.2% | — | — |
| Jun 30, 2025 | $15.38B | +15.6% | +112.2% | — |
| Jun 30, 2025 | $8.13B | -38.9% | -47.1% | — |
| Sep 30, 2025 | $23.98B | +16.0% | +194.9% | — |
| Sep 30, 2025 | $8.60B | -58.4% | -64.1% | — |
| Mar 31, 2026 | $8.40B | +15.8% | -2.4% | — |
Revenue (annual, SEC 10-K)
2016: 0
2017: 0
2018: 0
2019: 12,497
2020: 14,950
2021: 16,883
2022: 15,301
2023: 18,884
2024: 22,237
2025: 25,098
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Profitability trends (%)
GrossOperatingNet
Free cash flow (annual)
2016: 3,232
2017: 0
2018: 0
2019: 5,364
2020: 5,893
2021: 7,761
2022: 6,885
2023: 9,056
2024: 10,753
2025: 11,609
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Sources:SEC EDGAR — Company Facts (XBRL)
Free previewRegulatory Analyst
Filings & Ownership
Regulatory Analyst
score 20Improving
80% conf
Latest annual report (10-K) filed Feb 11, 2026. Latest quarterly report (10-Q) filed Apr 30, 2026. 12 recent 8-K material-event filings in the index.
- Latest annual report (10-K) filed Feb 11, 2026.
- Latest quarterly report (10-Q) filed Apr 30, 2026.
- 12 recent 8-K material-event filings in the index.
- Recent insider Form 4s: 0 buy vs 0 sell transactions.
- ~10,000+ recent 13F-HR filings reference Mastercard Inc.; broad institutional reporting.
- Recent filers include Allen Investment Management LLC, CTC Alternative Strategies, Ltd., Saranac Partners Ltd.
- 20 recent 13G passive institutional ownership notices.
Latest 10-K
Feb 11, 2026
Annual report
Latest 10-Q
Apr 30, 2026
8-K (recent)
12
Insider net
—
0B/0S
13F filers
10k+
Activist 13D
0
Recent 13F institutional filers (SEC EDGAR full-text)
| Filer | Form | Filed |
|---|---|---|
| Allen Investment Management LLC | 13F-HR | Oct 29, 2007 |
| CTC Alternative Strategies, Ltd. | 13F-HR | May 9, 2013 |
| Saranac Partners Ltd | 13F-HR | Dec 5, 2025 |
| CONTINENTAL ADVISORS LLC | 13F-HR | Aug 14, 2007 |
| Permit Capital, LLC | 13F-HR | Nov 14, 2012 |
Recent 8-K material events
| Date | Form | Description |
|---|---|---|
| Jun 17, 2026 | 8-K | 8-K |
| Jun 8, 2026 | 8-K | 8-K |
| Jun 2, 2026 | 8-K | 8-K |
| May 7, 2026 | 8-K | 8-K |
| Apr 30, 2026 | 8-K | 8-K |
| Feb 5, 2026 | 8-K | 8-K |
| Jan 29, 2026 | 8-K | 8-K |
| Nov 12, 2025 | 8-K | 8-K |
Free previewSEC Filing Analyst
SEC Filing Deep-Analysis
SEC Filing Analyst
score -50Deteriorating
64% conf
3 risk signal(s), 1 positive signal(s), 2 watch item(s) detected from XBRL filing diff analysis. 3 risk signal(s) detected versus 1 positive signal(s). The balance of evidence suggests elevated filing-specific risk that warrants monitoring in subsequent filings.
- Going concern doubt: The term "going concern" appears in 15 recent filing(s) (vs 1 in the prior period). This risk language is ongoing.
- Material weakness in internal controls: The term "material weakness" appears in 20 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.
- Restatement of financial statements: The term "restate" "financial statements" appears in 6 recent filing(s) (vs 1 in the prior period). This risk language is ongoing.
- Operating cash flow exceeds net income: OCF is 6.29x net income, indicating high earnings quality — cash conversion is strong and accruals are not inflating reported profits.
- NEW: Restructuring: Restructuring appears in recent filings but not in the prior 24-month period. Monitor for materiality.
- NEW: Off-balance sheet arrangements: Off-balance sheet arrangements appears in recent filings but not in the prior 24-month period. Monitor for materiality.
- Endogenous analysis: 3 risk signal(s) detected versus 1 positive signal(s). The balance of evidence suggests elevated filing-specific risk that warrants monitoring in subsequent filings.
- 20 disclosure(s) dropped from prior year — reduced reporting granularity.
- 2 new risk-language term(s) detected in filing text: Restructuring, Off-balance sheet arrangements.
- Ongoing high-severity risk language: Going concern doubt, Material weakness in internal controls, Restatement of financial statements.
Revenue
$25.10B
+12.9% YoY
Operating income
$14.01B
+14.2% YoY
Net income
$1.91B
+3.3% YoY
Operating cash flow
$11.98B
+7.0% YoY
Capex
$371.0M
-16.1% YoY
Total assets
$48.08B
+13.3% YoY
Total liabilities
$41.57B
+17.2% YoY
Long-term debt
$20.0M
— YoY
Filing quality score
70/100
stable
SEC XBRL metric changes (latest annual vs prior)
| Metric | Prior year | Latest year | Change | % Change |
|---|---|---|---|---|
| Revenue | $22.24B | $25.10B | $2.86B | +12.9% |
| Operating income | $12.26B | $14.01B | $1.74B | +14.2% |
| Net income | $1.85B | $1.91B | $60.0M | +3.3% |
| Operating cash flow | $11.20B | $11.98B | $785.0M | +7.0% |
| Capex | $442.0M | $371.0M | $-71.0M | -16.1% |
| Total assets | $42.45B | $48.08B | $5.63B | +13.3% |
| Total liabilities | $35.45B | $41.57B | $6.12B | +17.2% |
| Long-term debt | — | $20.0M | — | — |
| Cash & equivalents | $8.59B | $8.44B | $-146.0M | -1.7% |
| Stockholders equity | $6.93B | $6.49B | $-444.0M | -6.4% |
| Accounts receivable | $4.06B | $3.77B | $-287.0M | -7.1% |
| Interest expense | $380.0M | $431.0M | $51.0M | +13.4% |
XBRL disclosure changes (new vs dropped concepts)
| Type | Concepts |
|---|---|
| Removed | AllocatedShareBasedCompensationExpense, AmortizationOfIntangibleAssets, AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax, AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax, ContractWithCustomerLiabilityCurrent, CurrentFederalTaxExpenseBenefit, CurrentForeignTaxExpenseBenefit, CurrentIncomeTaxExpenseBenefit, CurrentStateAndLocalTaxExpenseBenefit, DeferredCompensationLiabilityCurrentAndNoncurrent |
Risk language in filing text (EDGAR full-text search)
| Term | Severity | Recent | Prior | Status |
|---|---|---|---|---|
| Going concern doubt | high | 15 | 1 | Ongoing |
| Material weakness in internal controls | high | 20 | 2 | Ongoing |
| Restatement of financial statements | high | 6 | 1 | Ongoing |
| Impairment charge | medium | 27 | 2 | Ongoing |
| Restructuring | medium | 33 | 0 | NEW |
| Off-balance sheet arrangements | medium | 36 | 0 | NEW |
| Related party transactions | low | 6 | 0 | NEW |
Filing signal breakdown
Red flags: 3
Positive: 1
Watch: 2
Red flags
Positive
Watch
Unlock the rest
- ProValuationMarket cap $66.09B at $539.39 per share.
- ProPrice & TechnicalsPrice $539.39 — uptrend (above 200-DMA); 1-month momentum positive.
- ProMacro & RatesMarket regime: Risk-on · Supportive.
- ProRisk ScorecardComposite risk: Moderate.
This content is for Pro subscribers
Unlock the full breakdown from all analysts — valuation (DCF & Graham), price & technicals, macro, risk scorecard, and 13F/13D ownership flow — plus your research workspace.
3 sections free · 4 Pro sections locked · composite 8
Macro exposure
Rate-sensitive · High sensitivityMacro regime: Risk-on · Supportive. Mastercard Inc. is a rate-sensitive name (high macro sensitivity) — a supportive backdrop, though defensives lag risk-on tapes.
Macro regime
Risk-on · Supportive
Yield curve
Normal
VIX
16.59
Fed funds
3.63%
CPI YoY
+4.2%
Analytical read
deterministic previewMarket cap $66.09B at $539.39 per share..
Risk
Moderate
Macro regime
Risk-on · Supportive
Macro exposure
Neutral
Descriptive analytics from public filings and macro data — not investment advice.
Peer comparison
Rate-sensitive groupHow MA stacks up against tracked peers with similar macro sensitivity — by analytical score and macro exposure.
| Company | Score | Macro |
|---|---|---|
| Capital One Financial COF | 23 | Neutral |
| Chubb Ltd. CB | 23 | Neutral |
| U.S. Bancorp USB | 17 | Neutral |
| JPMorgan Chase & Co. JPM | 16 | Neutral |
| Prologis Inc. PLD | 14 | Neutral |
| Simon Property Group SPG | 13 | Neutral |
| American Express Co. AXP | 11 | Neutral |
| Bank of America Corp. BAC | 11 | Neutral |
| Visa Inc. V | 8 | Neutral |
| Mastercard Inc. MA● you | 8 | Neutral |
| Public Storage PSA | 8 | Neutral |
| Dominion Energy D | 6 | Neutral |
| Charles Schwab Corp. SCHW | 6 | Neutral |
| CME Group Inc. CME | 6 | Neutral |
| PNC Financial Services PNC | 4 | Neutral |
| Realty Income Corp. O | 4 | Neutral |
| Travelers Cos. TRV | 2 | Neutral |
| NextEra Energy NEE | 0 | Neutral |
| Duke Energy Corp. DUK | 0 | Neutral |
| Bank of New York Mellon BK | 0 | Neutral |
| Marsh & McLennan MMC | 0 | Neutral |
| Equity Residential EQR | 0 | Neutral |
| Wells Fargo & Co. WFC | -1 | Neutral |
| Welltower Inc. WELL | -1 | Neutral |
| Exelon Corp. EXC | -3 | Neutral |
| Xcel Energy XEL | -5 | Neutral |
| American International Group AIG | -5 | Neutral |
| Digital Realty Trust DLR | -6 | Neutral |
| Allstate Corp. ALL | -7 | Neutral |
| S&P Global SPGI | -8 | Neutral |
| American Water Works AWK | -9 | Neutral |
| Goldman Sachs Group GS | -10 | Neutral |
| Citigroup Inc. C | -11 | Neutral |
| Moody's Corp. MCO | -13 | Neutral |
| Morgan Stanley MS | -13 | Neutral |
| MetLife Inc. MET | -13 | Neutral |
| BlackRock Inc. BLK | -15 | Neutral |
| Equinix Inc. EQIX | -16 | Neutral |
| American Electric Power AEP | -18 | Neutral |
| Crown Castle Inc. CCI | -18 | Neutral |
| American Tower Corp. AMT | -35 | Neutral |
| Southern Company SO | — | Neutral |
| Truist Financial TFC | — | Neutral |