FN2 Earnings Intelligence
Mastercard Incorporated cash flow
Mastercard Incorporated (MA) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - |
| - Cash | $7,421 | $7,008 | $8,588 | $8,442 | $10,566 |
| + Debt | - | $14,024 | $14,682 | $45,576 | $46,351 |
| Enterprise Value | - | - | - | - | - |
| Revenue | $18,884 | $22,237 | $25,098 | $28,167 | $32,791 |
| % Growth | 23.4% | 17.8% | 12.9% | 12.2% | 16.4% |
| Gross Profit | - | - | - | - | - |
| % Margin | - | - | - | - | - |
| EBITDA | $10,808 | $13,014 | $14,807 | $16,479 | $20,040 |
| % Margin | 57.2% | 58.5% | 59.0% | 58.5% | 61.1% |
| Net Income | $8,687 | $9,930 | $11,195 | $12,874 | $14,968 |
| % Margin | 46.0% | 44.7% | 44.6% | 45.7% | 45.6% |
| Diluted EPS | $8.76 | $10.22 | $11.83 | $13.89 | $16.52 |
| % Growth | 37.5% | 16.7% | 15.8% | 17.4% | 18.9% |
| Operating Cash Flow | $9,463 | $11,195 | $11,980 | $14,780 | $17,648 |
| CapEx | $407 | $442 | $371 | $474 | $489 |
| Free Cash Flow | $9,056 | $10,753 | $11,609 | $14,306 | $17,159 |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue | $18,884 | $22,237 | $25,098 | $28,167 | $32,791 |
| Gross Profit | - | - | - | - | - |
| EBITDA | $10,808 | $13,014 | $14,807 | $16,479 | $20,040 |
| Net Income | $8,687 | $9,930 | $11,195 | $12,874 | $14,968 |
| Diluted EPS | $8.76 | $10.22 | $11.83 | $13.89 | $16.52 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $7,421 | $7,008 | $8,588 | $8,442 | $10,566 |
| Short-term Debt | - | $275 | $338 | $28,100 | $28,100 |
| Long-term Debt | $13,109 | $13,749 | $14,344 | $17,476 | $18,251 |
| Total Debt | - | $14,024 | $14,682 | $45,576 | $46,351 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $9,463 | $11,195 | $11,980 | $14,780 | $17,648 |
| Capital Expenditure | $407 | $442 | $371 | $474 | $489 |
| Free Cash Flow | $9,056 | $10,753 | $11,609 | $14,306 | $17,159 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 23.4% | 17.8% | 12.9% | 12.2% | 16.4% |
| Gross Margin | - | - | - | - | - |
| EBITDA Margin | 57.2% | 58.5% | 59.0% | 58.5% | 61.1% |
| Net Margin | 46.0% | 44.7% | 44.6% | 45.7% | 45.6% |
| FCF Margin | 48.0% | 48.4% | 46.3% | 50.8% | 52.3% |
| Diluted EPS Growth | 37.5% | 16.7% | 15.8% | 17.4% | 18.9% |