Mastercard price to free cash flow MA

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026: 32.7×
10-year median: 35.7×
Against its 10-year history: 28th; percentile: 0 is its lowest day, 100 its highest
10-year range: 24.3× to 59.5×
Peer median: 36.2×

Mastercard's price to free cash flow is 32.7× as of Oct 23, 2026.

That is below its ten-year median of 35.7×, lower than on 72% of days in the last ten years.

Over that time it ranged from 24.3× in Jun 2026 to 59.5× in Jul 2021.

The median for 3 credit services stocks of a similar size is 36.2×.

Price to free cash flow over time

median 35.7×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	32.7×	24.3×	32.7×
2025	30.6×	28.5×	37.9×
2024	35.9×	34.2×	41.0×
2023	38.0×	30.8×	38.0×
2022	30.8×	28.2×	45.9×
2021	43.1×	38.7×	59.5×
2020	47.1×	27.4×	53.6×
2019	49.3×	31.1×	49.3×
2018	30.5×	28.7×	40.7×
2017	35.5×	26.9×	37.4×
2016	26.0×	24.4×	28.6×
2015	31.0×	25.6×	32.3×
2014	27.4×	20.5×	27.8×
2013	26.9×	20.5×	26.9×
2012	21.7×	17.2×	22.2×
2011	19.0×	17.6×	24.8×
2010	21.9×	21.3×	29.4×

Against its peers

Companies in Financial - Credit Services nearest Mastercard's size, closest first, today.

Company	Price to free cash flow
MAMastercard	32.7×
VVisa	36.2×
AXPAmerican Express	n/m
COFCapital One Financial	n/m
Peer median	36.2×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Mastercard

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.