Mastercard Inc. (stylized as MasterCard from 1979 to 2016, and mastercard from 2016 to 2019) is an American multinational payment card services corporation headquartered in Purchase, New York. The company offers a variety of payment transaction processing and related services, including travel-related payments and bookings. Globally, its primary business is processing payments between merchant banks and the card-issuing banks or credit unions of purchasers using Mastercard-branded debit, credit, and prepaid cards. Mastercard has been publicly traded since 2006.
| Website | mastercard.com |
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Initially known as Interbank and later as Master Charge, Mastercard was formed by an alliance of several banks and regional bankcard associations in response to Bank of America’s BankAmericard, which later became Visa. Prior to its initial public offering, Mastercard Worldwide was a cooperative owned by over 25,000 financial institutions that issue its branded cards.
Market Capitalization:
- As of May 2024: $426.57 billion
- This valuation ranks Mastercard as the 21st most valuable company globally by market cap.
- Market capitalization, or market cap, is the total market value of a company’s outstanding shares and is commonly used to assess its worth.
Revenue:
- Trailing Twelve Months (TTM) Revenue in 2023: $25.69 billion
- Revenue in 2022: $22.23 billion
- Revenue in 2021: $18.88 billion
Revenue represents the total income generated from the sale of goods or services, without deducting expenses.
Earnings:
- Trailing Twelve Months (TTM) Earnings in 2023: $14.34 billion
- Earnings in 2022: $11.73 billion
- Earnings in 2021: $10.30 billion
The earnings displayed here are earnings before interest and taxes (EBIT).
Stock Price History:
- Highest End of Day Price: $488.64 USD on March 21, 2024
- Lowest End of Day Price: $4.39 USD on July 18, 2006
P/E Ratio:
- P/E Ratio as of May 2024 (TTM): 39.8
- At the end of 2022, the P/E ratio was 33.9.
- The price-to-earnings (P/E) ratio measures the company’s current share price relative to its per-share earnings.
P/S Ratio:
- P/S Ratio as of May 2024 (TTM): 16.6
- At the end of 2023, the P/S ratio was 15.9.
- The price-to-sales (P/S) ratio compares the company’s stock price to its revenue.
P/B Ratio:
- P/B Ratio as of May 2024: 58.4
- The price-to-book (P/B) ratio measures the stock market’s valuation of a company compared to its book value.
Stock Split History:
- Mastercard stock (symbol: MA) underwent one stock split, which occurred on January 22, 2014. One MA share bought prior to this date would equal 10 MA shares today.
Dividend History:
- Mastercard has made a total of 71 dividend payments.
- The sum of all dividends, adjusted for stock splits, is $14.58.
- The dividend yield (TTM) is 0.54%.
Total Assets:
- As of March 2024: $42.60 billion
- Total assets include all current and non-current assets, such as inventories, cash and cash equivalents, properties, and equipment.
Cash on Hand:
- As of March 2024: $7.65 billion
- Cash on hand includes cash and cash equivalents, as well as short-term investments.
Number of Shares Outstanding:
- As of May 2024: 933,000,000 shares
- The number of outstanding shares can be influenced by stock splits and share buybacks.
