# Mastercard Incorporated (MA) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Consumer Finance. Price $579.21, market value $507.4 billion.

## Valuation
- **P/E (trailing): 31.8×** (5-yr avg 36.1×, 3-yr avg 35.8×). Mastercard Incorporated trades at 31.8× trailing earnings, close to its own five-year average of 36.1×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 25.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.33**. A PEG of 1.33 is in the range usually read as fairly priced for its growth.
- **Price / sales: 14.5×**. Each dollar of revenue is priced at 14.5×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 90.6×**. The shares trade at 90.6× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 23.8×**. Enterprise value is 23.8× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 3.3%** (5-yr avg 3.0%). Free cash flow equals 3.3% of the market value, in line with its five-year average of 3.0%.
- **Earnings yield: 3.1%**. The inverse of the P/E: 3.1% of the price is earned each year.

## Profitability
- **Operating margin: 58.3%**. 58.3% of revenue is left after running the business, an exceptional level.
- **Net margin: 45.6%**. 45.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 193.5%**. A 193.5% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 100.0%**. Return on all capital, debt included, is 100.0%: comfortably above what that capital costs.
- **Return on assets: 30.0%**. Each dollar of assets produces 30.0% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 16.4%** (3-yr 13.8%/yr, 5-yr 6.8%/yr). Revenue grew 16.4% over the last year, against 6.8% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 18.9%** (3-yr 17.4%/yr, 5-yr 21.0%/yr). Earnings per share rose 18.9%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 16.9%/yr**. Free cash flow has compounded at 16.9% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.
- **Cash and short-term investments: $10.6 billion**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 0.60%** ($3.37 per share, trailing). Mastercard Incorporated yields 0.60%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 18%** (17% of free cash flow). 18% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 20**. 20 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 13.7%/yr** (1-yr 15.2%). The dividend has compounded at 13.7% a year over five years, doubling roughly every 5 years at that pace.

## Analyst view
- **Analyst consensus: strong_buy** (37 analysts). 37 analysts cover Mastercard Incorporated; the consensus is strong_buy, with an average price target of $670.92 (+16% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -2.2%** (YTD 2.0%, 3-mo 18.1%). The shares are down 2.2% over twelve months including dividends.
- **From 52-week high: -3.7%** (24.7% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 53**. An RSI of 53 is neutral.
- **Beta (1 yr): 0.31** (volatility 23%). Beta of 0.31 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MA · Page: https://foliofundamentals.com/stocks/ma

Not investment advice.