Inside the research

Mastercard Incorporated

MA Research profile · latest available data

Price overview

$567.65

▲ +1.57 (+0.3%)

52w hi$599.86
52w lo$470.76
Vol2.37M
As of25 Sep 2026

The Verdict

Hold

Our score +0.20

Short+0.28
Medium+0.20
Long+0.02

computed 2026-09-27

Key fundamentals

Mastercard Incorporated

Financial Services · Credit Services

Market cap$497.27B
Enterprise value$510.30B
Trailing P/E31.26x
Forward P/E24.65x
EV / EBITDA22.98x
P / S (ttm)14.17x
Profit margin46.3%
Return on equity241.2%
Revenue growth+14.1%
Earnings growth+22.1%
Debt / equity439.58

Layer Breakdown

LayerRawContribution
Fundamental+0.18
Sector+0.02
Technical+0.18
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business 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.

United States · www.mastercard.com

Risk Metrics

Beta vs SPX0.64
Corr SPX0.46
Annual vol22.1%
Annual ret+9.5%
Sharpe0.43
Max DD-21.3%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$648.61
High / Low$735.00 / $550.00
Median$662.50
Analysts36
Strong Buy7
Buy29
Hold3
Sell0
Strong Sell0

Recent rating actions

2026-05-01UBS→ Buy
2026-05-01Susquehanna→ Positive
2026-05-01RBC Capital→ Outperform
2026-05-01Macquarie→ Outperform
2026-04-24Truist Securities→ Buy
2026-04-22BMO Capital→ Outperform

Officers & Board

DirectorHarit Talwar since 2022
DirectorCandido Bracher since 2021
CEOMichael Miebach since 2021
ChairMerit Janow since 2021
DirectorMichael Miebach since 2021
DirectorYoungme Moon since 2019
DirectorLance Uggla since 2019
DirectorGabrielle Sulzberger since 2018
DirectorRichard K. Davis since 2018
DirectorGoh Choon Phong since 2018
DirectorŌki Matsumoto since 2016
DirectorJulius Genachowski since 2014
DirectorMerit Janow since 2014
DirectorRima Qureshi since 2011

Material Events

DateEvent8-K
2026-07-30Earnings Release, Exhibitsread
2026-06-17Shareholder Voteread
2026-06-08Other Material Event, Exhibitsread
2026-06-02Officer / Director Change, Exhibitsread
2026-05-07Officer / Director Change, Exhibitsread
2026-04-30Earnings Release, Exhibitsread
2026-02-05Officer / Director Changeread
2026-01-29Earnings Release, Exhibitsread
2025-11-12Material Agreementread
2025-11-10Other Material Event, Exhibitsread
2025-10-30Earnings Release, Exhibitsread
2025-07-31Earnings Release, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-05SACHIN J. MEHRAChief Business OfficerSell240$136.60K
2026-08-05SACHIN J. MEHRAChief Business OfficerSell880$501.96K
2026-08-05SACHIN J. MEHRAChief Business OfficerSell280$160.35K
2026-08-05SACHIN J. MEHRAChief Business OfficerSell440$252.45K
2026-08-05SACHIN J. MEHRAChief Business OfficerSell200$115.27K
2026-08-05SACHIN J. MEHRAChief Business OfficerSell80$46.16K
2026-08-05Miebach MichaelPresident & CEOSell15.37K$8.84M
2026-08-04Kirkpatrick Linda PistecchiaChief Services OfficerOption exercise4.28K$742.54K
2026-08-04Kirkpatrick Linda PistecchiaChief Services OfficerSell40$22.60K
2026-08-04Kirkpatrick Linda PistecchiaChief Services OfficerSell600$340.01K

Flow & Concentration

Insider 180d net-$46.15M
Insider buys / sells0 / 31
Insider biasSellers
13F holders7
Top-5 share98.6%
HHI3,950 (concentrated)

Top Holders

HolderValueShares
State Street Corp$18.98B36.96M
Fidelity / FMR LLC$12.25B23.84M
Capital Research / Capital World$2.41B4.70M
Citadel Advisors$1.38B2.69M
Millennium Management$707.05M1.38M
AQR Capital Management$498.44M974.10K
T. Rowe Price Group$9.52M18.53M

As of 2026-06-30

Dividends

Yield (TTM)0.44%
$ / share (TTM)$2.50
5y CAGR+13.7%

Annual dividend per share

2021$1.76
2022$1.96
2023$2.28
2024$2.64
2025$3.04
2026$1.74

Federal Contracts

AmountAgencyDescription
$2.58MDepartment of the TreasuryCIPHERTRACE NAME BRAND
$2.36MDepartment of the InteriorIGF::OT::IGF LAW ENFORCEMENT TOOLS FOR INVESTIGATING ALTERNATIVE CRYPTOCURRENCIE
$411.00KDepartment of the TreasuryCIPHERTRACE CYBER TOOL SUBSCRIPTION
$165.60KCommodity Futures Trading CommissionEXPERT CONSULTING SERVICES
$150.00KDepartment of Homeland SecurityCIPHERTRACE LICENSE RENEWAL AND TRAINING.
$97.93KSecurities and Exchange CommissionCIPHERTRACE LICENSE
$43.27KSecurities and Exchange CommissionCIPHERTRACE ANALYSIS SUPPORT
$35.00KDepartment of DefensePKA - S. HUNTER - J. BRANDON LA'PIERRE - CIPHERTRACE BPA CALL ORDER 0001

SEC Filings

DateFormDoc
2026-08-064view
2026-08-064view
2026-08-054view
2026-08-054view
2026-08-054view
2026-08-053view
2026-08-053view
2026-08-044view
2026-07-308-Kview
2026-07-3010-Qview
2026-07-154view
2026-07-154view
2026-07-084view
2026-07-024view
2026-07-024view

The Long Run

FY 2009–2025 · 14 years

LineLatestCAGRTrend
Revenue$25.10B+15.0%
Operating income$18.90B+17.7%
Net income$682.00M-14.4%
Cash from ops$11.98B+23.5%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$567.08$568.78$562.29$567.652.37M
Sep 24$561.00$568.18$559.68$566.082.17M
Sep 23$555.78$565.75$554.00$559.922.88M
Sep 22$571.18$571.35$553.12$555.893.82M
Sep 21$567.11$569.39$562.36$567.652.57M

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