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Mastercard Inc (MA)

Overvalued
Financial ServicesCredit ServicesUnited States

Fundamental

72

Price

$623.60

Market Cap

$545.42B

Part 1 · What the company is worth

Overview

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers products and services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; consumer bill payment services; and commercial credit, debit, and prepaid payment products and solutions. It also provides solutions that enable businesses or governments to make payments to businesses, including Virtual Card Number, which is generated dynamically from an existing account and leverages the credit limit of the funding account; and a platform to optimize supplier payment enablement campaigns for financial institutions. In addition, the company offers Mastercard Move, which partners with digital messaging and payment platforms to enable consumers to send money directly within applications to other consumers; and partners with central banks, fintechs, and financial institutions, as well as enables various cross-border payment flows. Further, it provides security solutions; marketing, personalization, and issuer and merchant loyalty services; business and operational intelligence, advanced analytics and AI, consulting and agentic solutions, and payments and portfolio optimization; digital and authentication; processing and gateway solutions; and other solutions. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus names. Mastercard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

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Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$35.08B

Trailing 12 months (through 6/30/2026)

Net Income

$16.26B

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$17.16B

Total Equity

$7.74B

Total Liabilities

$46.41B

Current Ratio

1.06

Interest Coverage

27.36

Debt/EBITDA

1.23

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

BankOvervalued

Fair Value

$455.65

Current Price

$623.60

Margin of Safety

-36.9%

Fair Value Range

$296.17 - $615.12

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$674.93
Discounted cash flow (DCF):Not applicable to this type of company
Earnings multiple (P/E):$462.64
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):Not applicable to this type of company
Justified P/B:$401.12
Dividend discount (Gordon):$64.32
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:Not applicable to this type of company
Revenue multiple:Not applicable to this type of company
Last Earnings Surprise:+2.68%

Valuation Metrics

P/E Ratio

34.30

ROE

193.5%

P/B Ratio

13.62

P/FCF

4.57

Gross Margin

-

ROIC

49.5%

Profitability Radar

Value Creation (Economic Moat)

ROIC

49.5%

WACC

8.6%

ROIC − WACC

+40.8 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (19)

  • EPS shows upward trend
  • Price CAGR 19.31%
  • ROIC 49.5%
  • P/FCF 4.57
  • Operating margin 58.3%
  • Positive free cash flow
  • CapEx intensity
  • Current ratio
  • Interest coverage
  • Debt/EBITDA
  • Return on tangible assets
  • ROE 232.5%
  • Revenue growth 5Y 16.5%
  • Earnings surprise, average 2.8%
  • PEG ratio 1.60
  • Earnings quality (operating cash flow / net income) 1.07
  • Share dilution -2.2%
  • Net margin trend 46.3% vs 44.9%
  • Piotroski F-Score 8/9

Failed (6)

  • EPS CAGR 4.14%
  • P/B ratio 13.62
  • Debt/equity ratio
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Fairly Valued)

Unavailable (2)

  • Gross margin –
  • Dividend payout –

Piotroski F-Score

8/9

Strong financial health

ROA > 0
Operating cash flow > 0
ΔROA > 0
Cash flow > net income
Leverage ↓
Current ratio ↑
No dilution
Gross margin ↑
Asset turnover ↑

Earnings Quality

1.07

High quality: earnings backed by cash

Share Dilution

-2.2%

Buying back shares. Shareholder friendly

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. Michael MiebachCEO, President & Director57
Mr. Timothy Henry Murphy J.D.Vice Chair57
Mr. Edward Grunde McLaughlinPresident & CTO of Mastercard Technology59
Mr. Craig E. VosburgVice Chair58
Ms. Linda Pistecchia KirkpatrickChief Services Officer48
Mr. Sachin MehraChief Business Officer54
Mr. Ling HaiChief Financial Officer54
Mr. Chris MullettCorporate Controller & Principal Accounting Officer51
Mr. Richard R. Verma Ph.D.Chief Administrative Officer52
Mr. Devin CorrExecutive Vice President of Investor Relations-

Audit Risk

4

Board Risk

2

Compensation Risk

5

Shareholder Rights Risk

3

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-02-11

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-07-30

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-07-30

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Part 2 · The price and its context

This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Market Reaction Profile

How much MA moves, measured on its daily prices.

VolatilityLow

More volatile than 8% of the tracked stocks (90-day volatility).

Volatility 30d
18.0%
Volatility 90d
20.5%
Beta vs S&P 500 (1y)
0.26Correlation 0.15
Max drawdown (12m)
-18.7%
ATR (14d, % of price)
1.63%

Earnings reactions

How MA moved around its past quarterly results.

Next earnings release

Oct 29, 2026 · In 5 days · Before the open

EPS estimate: 5.17Revenue estimate: $9.7B

What usually happens

  • Over the last 12 releases the stock moved a median of 2.6% the next day, up or down.
  • Next-day moves: up 6, down 6 (out of 12).

Release history

DateWhen EPS est.EPS actualSurprise Gap 1 day5 days
Jul 30, 2026During the session4.915.04+2.7% +2.5% +2.5% +1.3%
Apr 30, 2026During the session4.534.60+1.5% -3.9% -4.2% -6.3%
Jan 29, 2026During the session4.384.76+8.8% +2.0% +4.3% +6.2%
Oct 30, 2025During the session4.454.38-1.6% -0.5% -0.2% -0.2%
Jul 31, 2025During the sessionn/an/an/a+1.7% +1.3% +1.8%
May 1, 2025During the sessionn/an/an/a+0.4% -0.3% +3.3%
Jan 30, 2025During the sessionn/an/an/a+1.1% +3.1% +3.2%
Oct 31, 2024During the sessionn/an/an/a+1.5% -2.7% +1.4%
Jul 31, 2024During the sessionn/an/an/a+3.3% +3.6% +0.2%
May 1, 2024During the sessionn/an/an/a-1.2% -2.0% +0.4%
Jan 31, 2024During the sessionn/an/an/a+1.1% +0.9% +3.4%
Oct 26, 2023During the sessionn/an/an/a-4.0% -5.6% -2.2%

Release dates from SEC 8-K filings.

Updated 10/24/2026

Historical statistics for educational purposes only. They are not forecasts and not investment advice.

Price reaction to the news

Latest news on MA and what the price did next.

Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.

Latest News

Recent headlines for MA.

  • 4d agoPOSITIVE
    Mastercard Introduces Fraud Screening Before Stablecoin Payments Go On-Chain

    Mastercard has launched "Stablecoin Security," a new risk-scoring tool designed to enhance security for stablecoin payments by examining transactions before they are settled on-chain. This innovative service integrates traditional payment intelligence with blockchain data, allowing financial institutions to assess fraud, sanctions, and scam risks across a payment's journey. By providing a risk assessment via an API before transaction completion, Mastercard addresses a critical operational gap for businesses utilizing stablecoin settlements. The tool considers payment context, fund origin, and potential exposure to restricted parties, aiming to bring familiar banking controls to the evolving digital asset landscape. Initial partners include Borderless.xyz and Keyrails, with a wider commercial rollout expected in 2027.

  • 5d agoPOSITIVE
    Mastercard launches stablecoin risk screening for banks and payment providers

    Mastercard has unveiled a new stablecoin risk screening service designed for banks and payment providers. This innovative solution integrates payment data with advanced blockchain analytics, enabling financial institutions to identify and flag potentially illicit stablecoin transactions prior to their final settlement. The move positions Mastercard as a key player in the evolving digital asset landscape, offering crucial compliance and security tools. For investors, this development signals Mastercard's strategic expansion into the cryptocurrency ecosystem, potentially opening new revenue streams and reinforcing its technological leadership in payment processing.

  • 8d agoNEUTRAL
    Washington sollecita Pechino su accesso al mercato cinese per Mastercard e Citigroup

    US Treasury officials have engaged Beijing regarding market access for financial services firms, specifically mentioning Mastercard and Citigroup. The discussions aim to address barriers faced by American companies in the Chinese market. While the specifics of the solicitations are not detailed, the ongoing dialogue suggests a continued effort by the US to foster a more open and reciprocal business environment for its financial sector in China. Investors will monitor any concrete developments or policy changes that could impact the operational landscape for these companies.

  • 9d agoPOSITIVE
    Mastercard brings stablecoin balances into traditional banking and card payments

    Mastercard has launched its Global Money Platform, enabling the integration of stablecoin balances into traditional banking and card payment systems. This initiative marks a significant step following Mastercard's August acquisition of BVNK, with early adopters including Nuvei and Marqeta. The platform's ability to bridge digital assets with conventional financial infrastructure is expected to enhance transaction efficiency and open new revenue streams. For investors, this move signals Mastercard's commitment to innovation in the evolving fintech landscape, potentially solidifying its market position and driving future growth.

  • 15d agoNEUTRAL
    Trump Rules Out Iran Attack Before Midterms, OpenAI Eyes $70B Revenue

    Mastercard CEO Michael Miebach was a guest on "The Pulse With Francine Lacqua," a program focused on global business, economics, finance, and politics. While the specific content of Miebach's discussion is not detailed, his appearance on a prominent financial news show based in London suggests potential insights into Mastercard's strategic direction, market outlook, or recent performance. Investors will monitor any forward-looking statements or commentary on the payments industry landscape.

  • 8/7/2026NEUTRAL
    Can new technology break Mastercard and Visa's duopoly?

    Mastercard and Visa currently dominate the payment processing industry, generating substantial profits from transaction fees. However, emerging technologies and geopolitical shifts pose potential challenges to their long-standing duopoly. While the article highlights these risks, it does not present immediate data indicating a decline in their market position or profitability. Investors should monitor technological advancements and regulatory developments for potential future impacts on these payment giants.

  • 8/5/2026NEUTRAL
    Mastercard, Borderless test shared identity checks for stablecoin transfers

    Mastercard is collaborating with Borderless to integrate stablecoin transfers with its Crypto Credential framework, aiming to enhance trust in cross-border transactions. This pilot program seeks to leverage Mastercard's established payment infrastructure to provide more secure and reliable digital asset transfers. While the initiative highlights Mastercard's continued exploration of blockchain technology and its potential applications in payments, it is currently in a testing phase. The long-term impact on Mastercard's revenue and market position remains speculative until wider adoption and regulatory clarity emerge.

  • 8/4/2026POSITIVE
    Mastercard completes $1.8B BVNK acquisition in stablecoin push

    Mastercard has finalized its acquisition of BVNK for $1.8 billion, a strategic move aimed at bolstering its presence in the stablecoin payment ecosystem. The integration is designed to empower banks, fintech firms, and corporations to enhance their stablecoin-based payment, payout, settlement, and treasury operations. This acquisition signals Mastercard's commitment to expanding its digital currency services and adapting to evolving financial technologies, potentially opening new revenue streams and solidifying its position in the digital payments landscape.

  • 6/10/2026POSITIVE
    Mastercard Just Built A Payment Network For AI Agents — And It Runs On Crypto

    Mastercard has unveiled Agent Pay for AI, a novel protocol enabling AI agents to conduct peer-to-peer payments and micropayments. Crucially, the system stores human-granted permissions for AI agents on the Polygon blockchain, which operates on Ethereum. This development signifies a significant step towards integrating AI capabilities into financial infrastructure, potentially unlocking new revenue streams and use cases for digital transactions. For investors, this positions Mastercard at the forefront of innovation in the burgeoning AI economy, leveraging blockchain technology to create a secure and efficient payment network for autonomous agents.