Mastercard Incorporated (MA) Earnings History
Annual and quarterly earnings data from 2001 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 83.4% | 59.2% | 45.6% |
| 2024 | 76.3% | 55.3% | 45.7% |
| 2023 | 76.0% | 55.8% | 44.6% |
| 2022 | 76.3% | 55.2% | 44.7% |
| 2021 | 76.2% | 53.4% | 46.0% |
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Mastercard Incorporated (MA) Earnings Overview
As of March 1, 2026, Mastercard Incorporated (MA) reported trailing twelve-month net income of $14.97B, reflecting +0.2% year-over-year growth. The company earned $16.67 per diluted share over the past four quarters, with a net profit margin of 0.5%.
Looking at the long-term picture, MA's 5-year EPS compound annual growth rate (CAGR) stands at +21.0%, indicating exceptional earnings growth. The company achieved its highest annual net income of $14.97B in fiscal 2025, representing a new all-time high.
Mastercard Incorporated maintains positive profitability with a gross margin of 0.8%, operating margin of 0.6%, and net margin of 0.5%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including AXP ($10.54B net income, 0.1% margin), PYPL ($5.23B net income, 0.2% margin), WU ($500M net income, 0.1% margin), MA has outperformed on profitability metrics. Compare MA vs AXP →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
25 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $14.97B | +16.3% | $19.40B | $16.52 | 45.6% | 59.2% |
| 2024 | $12.87B | +15.0% | $15.58B | $13.89 | 45.7% | 55.3% |
| 2023 | $11.20B | +12.7% | $14.01B | $11.83 | 44.6% | 55.8% |
| 2022 | $9.93B | +14.3% | $12.26B | $10.23 | 44.7% | 55.2% |
| 2021 | $8.69B | +35.5% | $10.08B | $8.76 | 46.0% | 53.4% |
| 2020 | $6.41B | -21.0% | $8.08B | $6.37 | 41.9% | 52.8% |
| 2019 | $8.12B | +38.6% | $9.66B | $7.94 | 48.1% | 57.2% |
| 2018 | $5.86B | +49.7% | $7.28B | $5.60 | 39.2% | 48.7% |
| 2017 | $3.92B | -3.5% | $6.62B | $3.65 | 31.3% | 53.0% |
| 2016 | $4.06B | +6.6% | $5.76B | $3.69 | 37.7% | 53.5% |
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Start ComparisonFrequently Asked Questions
Is MA growing earnings?
MA EPS of $16.67 reflects slowing growth at +0.2%, below the 5-year CAGR of +21.0%. TTM net income is $15.0B. Expansion rate has moderated.
What are MA's profit margins?
Mastercard Incorporated net margin is +0.5%, with operating margin at +0.6%. Below-average margins reflect competitive or cost pressures.
How consistent are MA's earnings?
MA earnings data spans 2001-2025. The current earnings trend is +0.2% YoY. Historical data enables comparison across business cycles.