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Mastercard Incorporated (MA)

638.01 +2.31 (+0.36%)
At close: 4:00:02 PM EDT
637.73 -0.28 (-0.04%)
After hours: 6:57:56 PM EDT
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MA Q3 2026 earnings call
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Mastercard reported a strong third quarter, with revenue up 14%and value-added services up 19%. Management maintained its full-year outlook, while timing shifts may pressure fourth-quarter comparisons. The company also faces a proposed £5 billion UK merchant lawsuit, creating a legal risk alongside its expansion into fraud services, artificial intelligence commerce, and stablecoins. MA rose 0.36% in regular-session trading on October 30, 2026.

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  • Previous Close 635.70
  • Open 642.43
  • Bid 637.46 x 12000
  • Ask 638.64 x 12000
  • Day's Range 633.41 - 644.21
  • 52 Week Range 464.52 - 644.21
  • Volume 4,516,903
  • Avg. Volume 2,929,420
  • Market Cap (intraday) 555.819B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) 35.09
  • EPS (TTM) 18.18
  • Earnings Date (est.) Jan 28, 2027
  • Forward Dividend & Yield 3.48 (0.55%)
  • 1y Target Est 680.90
  • Morningstar Rating Rating available with Stock Picks access

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.

www.mastercard.com

39,800

Full Time Employees

December 31

Fiscal Year Ends

Credit Services

Industry

Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

MA
12.48%
S&P 500 (^GSPC)
10.73%

1-Year Return

MA
15.97%
S&P 500 (^GSPC)
11.11%

3-Year Return

MA
74.41%
S&P 500 (^GSPC)
81.91%

5-Year Return

MA
95.91%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 9.81B
Earnings 4.63B
Profit Margin 47.19%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
2B
4B
6B
8B
46.2%
46.4%
46.6%
46.8%
47.0%
47.2%

Analyst Insights

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Top Analyst

BMO Capital
70/100
Latest Rating
Outperform

Analyst Price Targets

550.00 Low
680.90 Average
638.01 Current
765.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/30/2026
Analyst JP Morgan
Rating Action Maintains
Rating Overweight
Price Action Raises
Price Target 720 -> 755

Statistics

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Valuation Measures

Annual
As of 10/29/2026
  • Market Cap

    553.81B

  • Enterprise Value

    566.84B

  • Trailing P/E

    33.57

  • Forward P/E

    27.47

  • PEG Ratio (current)

    1.65

  • Price/Sales (ttm)

    15.56

  • Price/Book (mrq)

    95.50

  • Enterprise Value/Revenue

    16.16

  • Enterprise Value/EBITDA

    25.63

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    46.73%

  • Return on Assets (ttm)

    24.22%

  • Return on Equity (ttm)

    231.37%

  • Revenue (ttm)

    36.29B

  • Net Income Avi to Common (ttm)

    16.96B

  • Diluted EPS (ttm)

    18.18

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    10.46B

  • Total Debt/Equity (mrq)

    355.16%

  • Levered Free Cash Flow (ttm)

    16.46B

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Company Insights

Fair Value

638.01 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • Raising target as operating margin improves

    Mastercard operates the world's second-largest electronic payments network, providing processing services and payment product platforms, including credit, debit, ATM, prepaid, and commercial payments under the Mastercard, Maestro, and Cirrus brands. Mastercard went public in 2006 and is a member of the S&P 500. It has around 35,000 employees, is headquartered in Purchase, New York, and, as of 3Q26, has 3.8 billion cards (debit and credit) in circulation.

  • The major indices were under pressure on Thursday, with all

    The major indices were under pressure on Thursday, with all but the small-cap-oriented Russell 2000 lower. The Nasdaq led the way down, off 1.38% as high-profile names in Techland more often than not reported earnings or offered outlooks (or both) that raised concerns. Meanwhile, crude oil remains at about $103 per barrel and the midterm elections are right around the corner. All in all, uncertainty is the order of the day at the moment.

  • Mastercard Earnings: Growth Ticks Up a Bit

    Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

  • Mastercard Earnings: Solid Consumer Spending Levels Lead to Steady Growth

    Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

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