Mastercard runs an international card payment network. Banks issue Mastercard credit and debit cards; Mastercard earns money by processing the payments. It also offers services for fraud detection, data and business-to-business payments. As of Oct 13, 2026
As of Oct 13, 2026Fact sheet (from the annual report)Miscellaneous business services · Purchase, USAfull fact sheet
According to the company, Mastercard is a technology company in the global payments industry that connects consumers, banks, merchants and government agencies through electronic payments. Through its own global payments network, the company authorizes, clears and settles payment transactions; its main brand is Mastercard. In addition, there are payments through automated clearing houses, in batches or in real time. A franchise model sets standards and rules for all network participants. The company also offers services such as security solutions, customer acquisition and loyalty, market insights as well as processing and payment gateways.
Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
Pullback in trend · Analysis method
The price of MA is currently in no zone of this method. The check runs daily after the market close.
Whether a price will soon reach a zone, you see from Watcher. Plans and pricing
How the zone is formed
What is this? In an intact uptrend (price above the 200-day line, 50-day line rising), the price pulls back to the 50-day line after a rise and closes back above it.
Buy zone: around the 50-day line (± 0.5 ATR). Stop: 1.5 ATR below it. Target 1: the last high, Target 2: 2 ATR above it.
The pattern is valid for at most 15 trading days and expires if the price falls below the stop. This is a calculated analysis, not a forecast and not a call to buy. Risk notice and investment advice
Load chart from TradingView
This transfers data (including your IP address) to TradingView, also to the USA. More in the Privacy policy.
With a free account: save the buy zone shown for yourself (stop and targets from Watcher). It stays visible even if the zone changes later. Log in
· Sign up
Fundamental analysis
SEC filing (10-K, 10-Q)Required reports of listed companies to the US Securities and Exchange Commission (SEC): 10-K is the annual report, 10-Q the quarterly report, 20-F the annual report of foreign companies. We show the figures of the first filing.Example: 10-K for the fiscal year ending Sep 27, 2025, filed on Oct 31, 2025.More in the Academy: Lesson revenue, profit and margin
Mastercard · Sector Financials · amounts in USD
Information only – does not affect our buy zones, not investment advice. Source: SEC filings, As of Apr 27, 2026.
In short
Light green: Revenue grew over 5 years (+16.5% per year), at least as fast as the sector median.
Light green: Net income (total) grew over 5 years (+18.5% per year), at least as fast as the sector median; per share +21.0% per year.
Light green: Net margin 45.6%, above the sector median (19.4%).
Light red: Debt much higher than usual in the sector.
Light green: Profit in each of the last 10 fiscal years.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
RevenueNet incomeNet margin (below)in USD
010B20B30B40B
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Revenue 10.8B USD · Net income 4.1B USD · Net margin 37.7%
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Revenue 12.5B USD · Net income 3.9B USD · Net margin 31.3%
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Revenue 15.0B USD · Net income 5.9B USD · Net margin 39.2%
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Revenue 16.9B USD · Net income 8.1B USD · Net margin 48.1%
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Revenue 15.3B USD · Net income 6.4B USD · Net margin 41.9%
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Revenue 18.9B USD · Net income 8.7B USD · Net margin 46.0%
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Revenue 22.2B USD · Net income 9.9B USD · Net margin 44.7%
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Revenue 25.1B USD · Net income 11.2B USD · Net margin 44.6%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Revenue 28.2B USD · Net income 12.9B USD · Net margin 45.7%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 32.8B USD · Net income 15.0B USD · Net margin 45.6%
Margin
38%31%39%48%42%46%45%45%46%46%
RevenueNet incomeNet margin (below)in USD
02.5B5B7.5B10B
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 30, 2023): Revenue 6.5B USD · Net income 3.2B USD · Net margin 49.0%
Q4/23Quarter Q4/23 (Oct 1, 2023 – Dec 31, 2023): Revenue 6.5B USD · Net income not available · Net margin not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Revenue 6.3B USD · Net income 3.0B USD · Net margin 47.4%
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Revenue 7.0B USD · Net income 3.3B USD · Net margin 46.8%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Revenue 7.4B USD · Net income 3.3B USD · Net margin 44.3%
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Revenue 7.5B USD · Net income not available · Net margin not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Revenue 7.3B USD · Net income 3.3B USD · Net margin 45.2%
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Revenue 8.1B USD · Net income 3.7B USD · Net margin 45.5%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Revenue 8.6B USD · Net income 3.9B USD · Net margin 45.7%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Revenue 8.8B USD · Net income not available · Net margin not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Revenue 8.4B USD · Net income 3.9B USD · Net margin 46.2%
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Revenue 9.3B USD · Net income 4.4B USD · Net margin 47.3%
Margin
49%47%47%44%45%46%46%46%47%
Earnings per shareUSD per share
05.00101520
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Earnings per share 3.69 USD
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Earnings per share 3.65 USD
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Earnings per share 5.60 USD
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Earnings per share 7.94 USD
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Earnings per share 6.37 USD
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Earnings per share 8.76 USD
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Earnings per share 10.22 USD
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Earnings per share 11.83 USD
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Earnings per share 13.89 USD
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Earnings per share 16.52 USD
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Earnings per share not reported separately for Q4
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Earnings per share 4.35 USD
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Earnings per share 4.97 USD
Dividend per sharePayout ratio (below)USD per share
01.002.003.004.00
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Dividend per share 0.79 USD · Payout ratio 21.4%
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Dividend per share 0.91 USD · Payout ratio 24.9%
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Dividend per share 1.08 USD · Payout ratio 19.3%
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Dividend per share 1.39 USD · Payout ratio 17.5%
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Dividend per share not available · Payout ratio not available
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Dividend per share not available · Payout ratio not available
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Dividend per share 2.04 USD · Payout ratio 20.0%
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Dividend per share 2.37 USD · Payout ratio 20.0%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Dividend per share 2.74 USD · Payout ratio 19.7%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Dividend per share 3.15 USD · Payout ratio 19.1%
Ratio
21%25%19%18%20%20%20%19%
Dividend per sharePayout ratio (below)USD per share
00.250.500.751.00
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 30, 2023): Dividend per share 0.57 USD · Payout ratio 16.8%
Q4/23Quarter Q4/23 (Oct 1, 2023 – Dec 31, 2023): Dividend per share 0.66 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Dividend per share 0.66 USD · Payout ratio 20.5%
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Dividend per share 0.66 USD · Payout ratio 18.9%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Dividend per share 0.66 USD · Payout ratio 18.7%
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Dividend per share 0.76 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Dividend per share 0.76 USD · Payout ratio 21.2%
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Dividend per share 0.76 USD · Payout ratio 18.7%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Dividend per share 0.76 USD · Payout ratio 17.5%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Dividend per share 0.87 USD · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Dividend per share 0.87 USD · Payout ratio 20.0%
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Dividend per share 0.87 USD · Payout ratio 17.5%
Ratio
17%20%19%19%21%19%18%20%18%
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 32.8B USD · Net income 15.0B USD · Net margin 45.6%
Key figures with traffic lights
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 79 symbols in the Financials sector on our list (current members of the S&P 500 and other lists).
Revenue growth
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light green: above sector
+16.5%per year, last 5 years
Sector Financials: median +8.8% (73 symbols)
What does this mean? Revenue: over 5 years it grew by 16.5% per year on average – at least as fast as the median company in the sector (+8.8%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Net income (total)
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light green: above sector
+18.5%per year, last 5 years
Sector Financials: median +13.8% (71 symbols)
per share: +21.0% per year (5 years, split-adjusted)
What does this mean? Total net income: over 5 years it grew by 18.5% per year on average – at least as fast as the median company in the sector (+13.8%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
What does this mean? Of every 100 USD in revenue, 45.65 USD remained as profit – at least as much as the median company in the sector (19.4%). Five years ago the margin was 41.9%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
Debt / equity
Debt-to-equity ratioFinancial debt (loans, bonds) divided by equity. A high value amplifies good and bad years alike. The key figures bar in the chart only uses long-term financial debt.Example: Financial debt €300m, equity €500m → 0.6.More in the Academy: Lesson debt, dividends and growth
Light red: much higher
3.95latest balance sheet
Sector Financials: median 0.63 (47 symbols)
What does this mean? For every 1 USD of equity there is 3.95 USD of financial debt – more than twice as much as the median company in the sector (0.63). For banks and insurers, debt is part of the business – so the comparison is only with their own sector.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
Payout ratio
Payout ratioThe share of profit that a company pays out as a dividend. Above 100% it pays out more than it earns.Example: Dividend €1, earnings per share €2.50 → payout ratio 40%.More in the Academy: Lesson debt, dividends and growth
Light green: covered
19%Dividend / earnings per share
Sector Financials: median 34% (58 symbols)
What does this mean? Of every 1 USD of earnings per share, 0.19 USD went to shareholders as a dividend. The rest stays in the company. Median company in the sector: 34%.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
Profitable years
Profitable yearsHow many of the last fiscal years ended with a profit rather than a loss on the bottom line. The figure shows how consistently a company earns.Example: Profit in 9 of 10 years → one loss year.More in the Academy: Lesson revenue, profit and margin
Light green: profit every year
10 of 10fiscal years with a profit
What does this mean? In 10 of the last 10 fiscal years the bottom line showed a profit. There were no losses in this period.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
Last fiscal year and 13F
Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
32.8B USD
Revenue vs. prior year
+16.4%
Net income (FY)
15.0B USD
Net income vs. prior year
+16.3%
EPS (FY)
16.52 USD
13F funds with a position
2 of 9
Funds vs. prior quarter
±0
Shares held vs. prior quarter
+656.6%
Fiscal year to Dec 31, 2025 · 10-K filed Feb 11, 2026 · Balance sheet Jun 30, 2026 (filed Jul 30, 2026) · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term).13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
Year
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
2025
Dec 31, 2025
32.8B
15.0B
45.6%
16.52
3.15
19%
2024
Dec 31, 2024
28.2B
12.9B
45.7%
13.89
2.74
20%
2023
Dec 31, 2023
25.1B
11.2B
44.6%
11.83
2.37
20%
2022
Dec 31, 2022
22.2B
9.9B
44.7%
10.22
2.04
20%
2021
Dec 31, 2021
18.9B
8.7B
46.0%
8.76
–
–
2020
Dec 31, 2020
15.3B
6.4B
41.9%
6.37
–
–
2019
Dec 31, 2019
16.9B
8.1B
48.1%
7.94
1.39
18%
2018
Dec 31, 2018
15.0B
5.9B
39.2%
5.60
1.08
19%
2017
Dec 31, 2017
12.5B
3.9B
31.3%
3.65
0.91
25%
2016
Dec 31, 2016
10.8B
4.1B
37.7%
3.69
0.79
21%
Quarters (amounts in USD, per share in USD)
Quarter
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
Q2/26
Jun 30, 2026
9.3B
4.4B
47.3%
4.97
0.87
18%
Q1/26
Mar 31, 2026
8.4B
3.9B
46.2%
4.35
0.87
20%
Q4/25*
Dec 31, 2025
8.8B
–
–
–
0.87
–
Q3/25
Sep 30, 2025
8.6B
3.9B
45.7%
4.34
0.76
18%
Q2/25
Jun 30, 2025
8.1B
3.7B
45.5%
4.07
0.76
19%
Q1/25
Mar 31, 2025
7.3B
3.3B
45.2%
3.59
0.76
21%
Q4/24*
Dec 31, 2024
7.5B
–
–
–
0.76
–
Q3/24
Sep 30, 2024
7.4B
3.3B
44.3%
3.53
0.66
19%
Q2/24
Jun 30, 2024
7.0B
3.3B
46.8%
3.50
0.66
19%
Q1/24
Mar 31, 2024
6.3B
3.0B
47.4%
3.22
0.66
20%
Q4/23*
Dec 31, 2023
6.5B
–
–
–
0.66
–
Q3/23
Sep 30, 2023
6.5B
3.2B
49.0%
3.39
0.57
17%
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
Insiders
Insider transactionsExecutives, directors and major shareholders (over 10%) of US companies report their own transactions in their company’s stock to the SEC within two business days (Form 4). Purchases in the market count as more meaningful than sales (often taxes, estate planning).Example: Three executives acquire stock worth a total of 2 million USD within two weeks → “purchases by several insiders”.More in the Academy: Glossary
Insider purchases and sales on the market over 3, 6 and 12 months
Period
Purchases
Sales
Net
3 months
$00 people
$43.2M5 people
−$43.2M
6 months
$00 people
$65.3M8 people
−$65.3M
12 months
$00 people
$69.7M8 people
−$69.7M
Latest transactions
Oct 16, 2026Ling HaiChief financial officer (CFO)Open-market sale · 10b5-1 plan4,317 shares · $2.7M · SEC
Oct 12, 2026Genachowski JuliusDirectorOpen-market sale · 10b5-1 plan370 shares · $218.4K · SEC
Oct 9, 2026Genachowski JuliusDirectorOpen-market sale · 10b5-1 plan1 shares · $590.0 · SEC
Oct 9, 2026Genachowski JuliusDirectorOpen-market sale · 10b5-1 plan370 shares · $216.5K · SEC
Sep 2, 2026Sachin J. MehraOfficerOpen-market sale · 10b5-1 plan3,266 shares · $1.9M · SEC
Aug 31, 2026Kirkpatrick Linda PistecchiaOfficerOpen-market sale · 10b5-1 plan923 shares · $547.8K · SEC
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
Trend score +70
Price vs. EMA 50+15
Price vs. EMA 200+15
EMA 50 vs. EMA 200+20
ADX (trend strength)+15
Highs and lows-10
Relative strength+15
Volatility and trend strength
ADX 14 (trend strength)32.6
Rel. strength 60 d+5.7%
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.