Mastercard Incorporated (MA) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 22.5B | 23.56B | 23.22B | 22.14B | 19.8B | 19.72B | 22.3B | 17.78B | 18.42B | 18.96B | 16.98B | 16.53B | 16.42B | 16.61B | 16.82B | 15.21B | 15.95B | 16.95B | 15.38B | 15.08B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 49.99 | 46.26 | 45.09 | 45.59 | 48.03 | 47.83 | 51.24 | 55.08 | 59.43 | 56.09 | 54.13 | 52.79 | 54.3 | 52.13 | 50.68 | 50.19 | 51.34 | 51.38 | 51.61 | 54.47 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 2.86B | 8.05B | 8.33B | 8.59B | 7.95B | 7.18B | 6.88B | 6.23B | 6.54B | 5.72B | 5.54B | 6.19B | 5.92B | 5.74B | 5.54B | 4.49B | 4.57B | 5.96B | 4.61B | 4.46B |
| Total Non-Current Assets | 29.96B | 30.6B | 30.07B | 29.29B | 28.67B | 28.36B | 24.94B | 24.55B | 24.18B | 23.49B | 22.69B | 22.47B | 22.52B | 22.12B | 20.79B | 21.02B | 21.21B | 20.72B | 20.03B | 19.83B |
| Property, Plant & Equipment | 2.35B | 2.3B | 2.3B | 2.23B | 2.17B | 2.14B | 2.18B | 2.15B | 2.08B | 2.06B | 1.97B | 1.99B | 2.01B | 2.01B | 1.95B | 1.95B | 1.96B | 1.91B | 1.86B | 1.84B |
| Fixed Asset Turnover | 3.61x | 3.83x | 3.80x | 3.70x | 3.37x | 3.47x | 3.41x | 3.30x | 3.07x | 3.25x | 3.30x | 3.14x | 2.87x | 2.94x | 2.95x | 2.81x | 2.67x | 2.77x | 2.70x | 2.45x |
| Goodwill | 9.53B | 9.56B | 9.57B | 9.6B | 9.35B | 9.19B | 7.72B | 7.56B | 7.54B | 7.66B | 7.49B | 7.58B | 7.58B | 7.52B | 7.18B | 7.52B | 7.63B | 7.66B | 7.57B | 7.66B |
| Intangible Assets | 5.5B | 5.55B | 5.59B | 5.63B | 5.53B | 5.45B | 4.24B | 4.15B | 4.12B | 4.09B | 4.02B | 4.05B | 4.03B | 3.86B | 3.58B | 3.68B | 3.67B | 3.67B | 3.56B | 3.61B |
| Long-Term Investments | 0 | 1.71B | 1.69B | 1.64B | 1.6B | 1.61B | 1.6B | 1.71B | 1.74B | 1.73B | 1.65B | 1.66B | 1.5B | 1.73B | 1.68B | 1.63B | 1.77B | 1.83B | 1.68B | 1.59B |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 52.45B | 54.16B | 53.29B | 51.43B | 48.47B | 48.08B | 47.24B | 42.33B | 42.6B | 42.45B | 39.67B | 39B | 38.94B | 38.72B | 37.61B | 36.23B | 37.16B | 37.67B | 35.41B | 34.91B |
| Asset Turnover | 0.16x | 0.16x | 0.16x | 0.16x | 0.15x | 0.16x | 0.16x | 0.16x | 0.15x | 0.16x | 0.17x | 0.16x | 0.15x | 0.15x | 0.16x | 0.15x | 0.14x | 0.14x | 0.14x | 0.13x |
| Asset Growth % | 8.21% | 12.64% | 12.81% | 21.49% | 13.77% | 13.27% | 19.06% | 8.54% | 9.42% | 9.62% | 5.48% | 7.65% | 4.77% | 2.8% | 6.22% | 3.78% | 6.79% | 12.16% | 12.08% | 8.67% |
| Total Current Liabilities | 22.93B | 22.76B | 20.69B | 19.03B | 17.83B | 19.22B | 17.29B | 15.59B | 16.91B | 16.26B | 14.52B | 14.64B | 13.65B | 14.17B | 13.48B | 12.09B | 11.93B | 13.16B | 11.56B | 11.3B |
| Accounts Payable | 1.03B | 999M | 935M | 818M | 993M | 929M | 911M | 835M | 790M | 834M | 589M | 643M | 735M | 926M | 615M | 633M | 666M | 738M | 557M | 547M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 1.75B | 749M | 0 | 0 | 0 | 750M | 750M | 1.09B | 2.09B | 1.34B | 1.34B | 1.34B | 276M | 274M | 957M | 735M | 778M | 792M | 650M | 649M |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 7.83B | 6.94B | 6.84B | 7.06B | 6.51B | 6.22B | 5.86B | 5.14B | 5.37B | 4.85B | 4.34B | 4.46B | 4.22B | 4.08B | 3.93B | 3.01B | 3.19B | 4.15B | 3.06B | 3.06B |
| Current Ratio | 0.98x | 1.03x | 1.12x | 1.16x | 1.11x | 1.03x | 1.29x | 1.14x | 1.09x | 1.17x | 1.17x | 1.13x | 1.20x | 1.17x | 1.25x | 1.26x | 1.34x | 1.29x | 1.33x | 1.33x |
| Quick Ratio | 0.98x | 1.03x | 1.12x | 1.16x | 1.11x | 1.03x | 1.29x | 1.14x | 1.09x | 1.17x | 1.17x | 1.13x | 1.20x | 1.17x | 1.25x | 1.26x | 1.34x | 1.29x | 1.33x | 1.33x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 22.79B | 23.65B | 24.68B | 24.53B | 23.95B | 22.35B | 22.45B | 19.26B | 18.39B | 19.19B | 18.77B | 18.79B | 19.88B | 18.18B | 17.69B | 17.88B | 18.11B | 17.09B | 17.05B | 17.05B |
| Long-Term Debt | 17.21B | 18.25B | 18.98B | 18.97B | 18.8B | 17.48B | 17.61B | 14.52B | 13.54B | 14.34B | 14.23B | 14.28B | 15.29B | 13.75B | 13.58B | 13.75B | 13.87B | 13.11B | 13.21B | 13.25B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 45.73B | 46.41B | 45.37B | 43.56B | 41.77B | 41.57B | 39.74B | 34.85B | 35.29B | 35.45B | 33.29B | 33.42B | 33.53B | 32.35B | 31.17B | 29.97B | 30.03B | 30.26B | 28.61B | 28.34B |
| Total Debt | 18.96B | 19B | 18.98B | 18.97B | 18.8B | 18.23B | 18.36B | 15.61B | 15.63B | 15.68B | 15.57B | 15.62B | 15.57B | 14.02B | 14.53B | 14.48B | 14.65B | 13.9B | 13.86B | 13.9B |
| Net Debt | 11.05B | 8.43B | 8.67B | 9.94B | 11.23B | 9.78B | 7.29B | 8.61B | 8.34B | 7.09B | 8.68B | 9.45B | 9B | 7.01B | 6.9B | 8.56B | 7.77B | 6.48B | 7.46B | 7.68B |
| Debt / Equity | 2.82x | 2.45x | 2.40x | 2.41x | 2.81x | 2.80x | 2.45x | 2.09x | 2.14x | 2.24x | 2.44x | 2.80x | 2.88x | 2.20x | 2.26x | 2.31x | 2.05x | 1.88x | 2.04x | 2.12x |
| Debt / EBITDA | 3.43x | 3.33x | 3.55x | 3.75x | 4.25x | 4.37x | 4.34x | 3.66x | 4.09x | 4.38x | 3.84x | 4.06x | 4.68x | 4.16x | 4.41x | 4.52x | 4.66x | 4.61x | 4.77x | 5.50x |
| Net Debt / EBITDA | 2.00x | 1.48x | 1.62x | 1.97x | 2.54x | 2.35x | 1.72x | 2.02x | 2.18x | 1.98x | 2.14x | 2.46x | 2.71x | 2.08x | 2.09x | 2.67x | 2.47x | 2.15x | 2.57x | 3.04x |
| Interest Coverage | 26.52x | 30.88x | 27.21x | 24.96x | 23.15x | 22.15x | 25.31x | 26.75x | 24.72x | 23.44x | 25.91x | 26.72x | 22.61x | 25.32x | 26.60x | 25.54x | 26.21x | 27.14x | 26.60x | 24.38x |
| Total Equity | 6.72B | 7.75B | 7.92B | 7.87B | 6.7B | 6.51B | 7.5B | 7.48B | 7.31B | 7B | 6.38B | 5.58B | 5.41B | 6.38B | 6.44B | 6.26B | 7.13B | 7.41B | 6.8B | 6.57B |
| Equity Growth % | 0.43% | 18.89% | 5.61% | 5.24% | -8.37% | -6.89% | 17.51% | 34.11% | 35.16% | 9.72% | -0.96% | -10.91% | -24.17% | -13.96% | -5.28% | -4.67% | 10.49% | 13.73% | 15.66% | 0.32% |
| Book Value per Share | 7.53 | 8.63 | 8.75 | 8.66 | 7.33 | 7.09 | 8.11 | 8.05 | 7.82 | 7.45 | 6.77 | 5.88 | 5.66 | 6.62 | 6.66 | 6.43 | 7.27 | 7.52 | 6.87 | 6.61 |
| Total Shareholders' Equity | 6.72B | 7.74B | 7.9B | 7.85B | 6.67B | 6.49B | 7.44B | 7.42B | 7.24B | 6.93B | 6.31B | 5.5B | 5.33B | 6.3B | 6.36B | 6.17B | 7.03B | 7.31B | 6.7B | 6.44B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 88.15B | 85.03B | 81.75B | 78.51B | 75.5B | 72.91B | 70.26B | 67.6B | 64.96B | 62.56B | 60.39B | 57.73B | 55.42B | 53.61B | 51.63B | 49.6B | 47.8B | 45.65B | 43.75B | 41.77B |
| Treasury Stock | -87.34B | -83.22B | -79.67B | -76.3B | -74B | -71.43B | -68.03B | -65.07B | -62.43B | -60.43B | -58.57B | -56.66B | -54.24B | -51.35B | -48.92B | -47.36B | -44.99B | -42.59B | -41.28B | -39.73B |
| Accumulated OCI | -928M | -981M | -935M | -919M | -1.16B | -1.43B | -1.07B | -1.21B | -1.2B | -1.1B | -1.3B | -1.19B | -1.23B | -1.25B | -1.62B | -1.23B | -798M | -809M | -791M | -653M |
| Minority Interest | 3M | 9M | 15M | 21M | 25M | 30M | 58M | 61M | 65M | 68M | 70M | 75M | 77M | 79M | 82M | 91M | 96M | 100M | 99M | 127M |