Mastercard Incorporated (MA) Earnings History
Elite Compounder25 years of earnings data (2001–2025) · 5-year EPS CAGR exceeds 18% — top-tier earnings quality
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Mastercard Incorporated (MA) Earnings Overview
As of July 8, 2026, Mastercard Incorporated (MA) reported trailing twelve-month net income of $15.57B, reflecting +18.9% year-over-year growth. The company earned $17.44 per diluted share over the past four quarters, with a net profit margin of 45.6%.
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 industry-leading profitability with a gross margin of 83.4%, operating margin of 59.2%, and net margin of 45.6%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including V ($22.24B net income, 50.1% margin), AXP ($11.22B net income, 13.5% margin), PYPL ($5.06B net income, 15.8% margin), MA has room to improve margins relative to the peer group. Compare MA vs V →
MA Earnings vs Peers
Earnings metrics vs comparable public companies
MA Historical Earnings Data (2001–2025)
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% |
| 2015 | $3.81B | +5.3% | $5.08B | $3.35 | 39.4% | 52.5% |
| 2014 | $3.62B | +16.1% | $5.11B | $3.10 | 38.3% | 54.1% |
| 2013 | $3.12B | +12.9% | $4.50B | $2.56 | 37.5% | 54.2% |
| 2012 | $2.76B | +44.8% | $3.94B | $2.19 | 37.3% | 53.3% |
| 2011 | $1.91B | +3.3% | $2.71B | $1.48 | 28.4% | 40.4% |
| 2010 | $1.85B | +26.2% | $2.75B | $1.41 | 33.3% | 49.7% |
| 2009 | $1.46B | +676.2% | $2.26B | $1.12 | 28.7% | 44.3% |
| 2008 | -$254M | -123.4% | -$535M | $-0.20 | -5.1% | -10.7% |
| 2007 | $1.09B | +2063.6% | $1.11B | $0.80 | 26.7% | 27.2% |
| 2006 | $50M | -81.2% | $229M | $0.04 | 1.5% | 6.9% |
| 2005 | $267M | +12.0% | $393M | $0.20 | 9.1% | 13.4% |
| 2004 | $238M | +161.7% | $347M | $0.24 | 9.2% | 13.4% |
| 2003 | -$386M | -431.4% | -$602M | $-0.39 | -17.3% | -27.0% |
| 2002 | $116M | -18.0% | $142M | $0.14 | 6.2% | 7.5% |
| 2001 | $142M | - | $222M | $0.20 | 8.8% | 13.8% |
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MA — Frequently Asked Questions
Quick answers to the most common questions about buying MA stock.
What is MA earnings per share (EPS)?
MA trailing twelve-month (TTM) diluted EPS is $17.44, reflecting +18.9% year-over-year growth. The 5-year EPS CAGR is +21.0%. Complete EPS history from 2001 to 2025 is available in the table on this page.
What is Mastercard Incorporated's net income?
Mastercard Incorporated (MA) trailing twelve-month net income is $15.6B as of 2025. Earnings grew +18.9% year-over-year. Mastercard Incorporated has been profitable for 17 consecutive years.
Is MA profitable?
Yes, MA is profitable with a TTM net income of $15.6B and a net profit margin of +45.6%. Mastercard Incorporated has generated profits for 17 consecutive years.
What is MA's earnings growth rate?
MA compound annual EPS growth rates (CAGR): 1-Year: +18.9%, 3-Year: +17.3%, 5-Year: +21.0%, 10-Year: +17.3%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2001 to 2025.
What are MA's profit margins?
Mastercard Incorporated net profit margin is +45.6%, operating margin is +59.2%, and gross margin is +83.4%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +209.9%.
Is MA growing earnings?
Yes, MA earnings are accelerating — EPS growth of +18.9% exceeds the 5-year CAGR of +21.0%. TTM net income reached $15.6B. Earnings momentum is strengthening.
What was MA's best earnings year?
Mastercard Incorporated's highest annual net income on record is $15.0B, achieved in fiscal year 2025. Earnings history on this page spans 2001 to 2025 and includes all annual and quarterly figures.
What were MA's earnings last quarter?
MA's most recent reported quarter was Q1 2026. Net income was $3.9B with diluted EPS of $4.35. For a full breakdown of all quarters, see the quarterly earnings table on this page.