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Mastercard profit margin MA

Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.

Net margin, 12 months
46.3%
Operating margin, 12 months
58.3%
Net margin on a year earlier
+1.4 pts
Peer median
17.2%

Over the twelve months to Jun 30, 2026, Mastercard kept 46.3% of its revenue as net profit, with an operating margin of 58.3%.

Five years earlier its net margin was 43.2%.

The median for 3 credit services stocks of a similar size is 17.2%.

Profit margin over time

OperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating margin
FY202545.6%57.6%
FY202445.7%55.3%
FY202344.6%55.8%
FY202244.7%55.2%
FY202146.0%53.4%
FY202041.9%52.8%
FY201948.1%57.2%
FY201839.2%48.7%
FY201731.3%53.0%
FY201637.7%53.5%
FY201539.4%52.5%
FY201438.3%54.1%
FY201337.3%54.0%
FY201237.3%53.3%
FY201128.4%40.4%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY2646.3%+1.4 pts58.3%
Q1 FY2645.9%+0.7 pts57.9%
Q4 FY2545.6%−0.1 pts57.6%
Q3 FY2545.3%+0.0 pts57.0%
Q2 FY2544.9%−1.5 pts55.8%
Q1 FY2545.2%−0.9 pts55.5%
Q4 FY2445.7%+1.1 pts55.3%
Q3 FY2445.3%+0.4 pts55.2%
Q2 FY2446.4%+3.1 pts56.3%
Q1 FY2446.1%+3.8 pts56.3%
Q4 FY2344.6%−0.1 pts55.8%
Q3 FY2344.9%−0.4 pts56.7%

Against its peers

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

CompanyProfit margin
MAMastercard46.3%
VVisa50.8%
AXPAmerican Express15.8%
COFCapital One Financial17.2%
Peer median17.2%

Where Mastercard ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Mastercard

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