Mastercard Past Earnings Performance
Past criteria checks 4/6
Mastercard has been growing earnings at an average annual rate of 11.7%, while the Diversified Financial industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 10.8% per year. Mastercard's return on equity is 160%, and it has net margins of 44.6%.
Key information
11.7%
Earnings growth rate
13.6%
EPS growth rate
| Diversified Financial Industry Growth | 6.1% |
| Revenue growth rate | 10.8% |
| Return on equity | 160.0% |
| Net Margin | 44.6% |
| Next Earnings Update | 01 May 2024 |
Recent past performance updates
Recent updates
Why Mastercard Could Be 20% Undervalued
Apr 24Mastercard: Exciting Opportunity To Purchase Compounder At A Discount
Apr 07Mastercard: This Highly Affordable Profit Machine Keeps Growing
Mar 22Does Mastercard (NYSE:MA) Deserve A Spot On Your Watchlist?
Mar 13
Mastercard: Great Company, Awful Price
Mar 06Earnings Update: Mastercard Incorporated (NYSE:MA) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Feb 02Mastercard Stock: A Masterful Dividend Compounder
Jan 31Mastercard: A Challenging Year Ahead (Rating Downgrade)
Jan 19Mastercard: High-Quality Business For A Reasonable Price
Jan 09The Price Is Right For Mastercard Incorporated (NYSE:MA)
Dec 24Why I'm Looking To Buy Mastercard In 2024
Dec 18Mastercard: We've Only Seen The Tip Of The Iceberg
Nov 17With EPS Growth And More, Mastercard (NYSE:MA) Makes An Interesting Case
Oct 30Mastercard Q3 Earnings Preview: Ready To Beat Estimates Again
Oct 24Mastercard: One Of The Best Risk/Reward Choices For The Dividend Income Accelerator Portfolio
Oct 12Mastercard: Looking Extremely Attractive For Several Reasons
Sep 25Mastercard: Doesn't Deserve The Premium Over Its Competitors
Aug 31Mastercard Displays Technical Strength Coupled With Solid Fundamentals
Aug 25Here's Why Mastercard (NYSE:MA) Has Caught The Eye Of Investors
Jul 29Mastercard Q2 2023 Preview: Earnings Beat Incoming?
Jul 25Mastercard Vs. Visa: What's In Your Wallet?
Jun 28Mastercard: A Dividend Growth Case Study
May 29Revenue & Expenses BreakdownBeta
How Mastercard makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 25,098 | 11,195 | 9,753 | 0 |
| 30 Sep 23 | 24,367 | 10,929 | 9,586 | 0 |
| 30 Jun 23 | 23,590 | 10,230 | 9,359 | 0 |
| 31 Mar 23 | 22,818 | 9,660 | 9,082 | 0 |
| 31 Dec 22 | 22,237 | 9,930 | 8,863 | 0 |
| 30 Sep 22 | 21,636 | 9,784 | 8,556 | 0 |
| 30 Jun 22 | 20,865 | 9,699 | 8,276 | 0 |
| 31 Mar 22 | 19,896 | 9,490 | 8,086 | 0 |
| 31 Dec 21 | 18,884 | 8,687 | 7,890 | 0 |
| 30 Sep 21 | 17,788 | 8,093 | 7,559 | 0 |
| 30 Jun 21 | 16,640 | 7,192 | 7,179 | 0 |
| 31 Mar 21 | 15,447 | 6,546 | 6,706 | 0 |
| 31 Dec 20 | 15,301 | 6,411 | 6,559 | 0 |
| 30 Sep 20 | 15,595 | 6,726 | 6,566 | 0 |
| 30 Jun 20 | 16,225 | 7,321 | 6,650 | 0 |
| 31 Mar 20 | 17,003 | 7,949 | 6,783 | 0 |
| 31 Dec 19 | 16,883 | 8,118 | 6,694 | 0 |
| 30 Sep 19 | 16,276 | 6,917 | 6,523 | 0 |
| 30 Jun 19 | 15,707 | 6,708 | 6,319 | 0 |
| 31 Mar 19 | 15,259 | 6,229 | 6,115 | 0 |
| 31 Dec 18 | 14,950 | 5,859 | 6,073 | 0 |
| 30 Sep 18 | 14,455 | 5,187 | 5,881 | 0 |
| 30 Jun 18 | 13,955 | 4,718 | 5,749 | 0 |
| 31 Mar 18 | 13,343 | 4,326 | 5,650 | 0 |
| 31 Dec 17 | 12,497 | 3,915 | 5,252 | 0 |
| 30 Sep 17 | 11,941 | 4,621 | 5,040 | 0 |
| 30 Jun 17 | 11,423 | 4,375 | 4,818 | 0 |
| 31 Mar 17 | 11,064 | 4,181 | 4,641 | 0 |
| 31 Dec 16 | 10,776 | 4,059 | 4,526 | 0 |
| 30 Sep 16 | 10,537 | 4,016 | 4,551 | 0 |
| 30 Jun 16 | 10,187 | 3,809 | 4,422 | 0 |
| 31 Mar 16 | 9,883 | 3,747 | 4,294 | 0 |
| 31 Dec 15 | 9,667 | 3,808 | 4,083 | 0 |
| 30 Sep 15 | 9,561 | 3,719 | 3,988 | 0 |
| 30 Jun 15 | 9,521 | 3,757 | 3,987 | 0 |
| 31 Mar 15 | 9,499 | 3,767 | 3,905 | 0 |
| 31 Dec 14 | 9,441 | 3,617 | 3,927 | 0 |
| 30 Sep 14 | 9,156 | 3,439 | 3,745 | 0 |
| 30 Jun 14 | 8,884 | 3,303 | 3,664 | 0 |
| 31 Mar 14 | 8,612 | 3,220 | 3,567 | 0 |
| 31 Dec 13 | 8,312 | 3,116 | 3,456 | 0 |
| 30 Sep 13 | 8,115 | 3,098 | 3,384 | 0 |
| 30 Jun 13 | 7,815 | 2,991 | 3,274 | 0 |
Quality Earnings: MA has high quality earnings.
Growing Profit Margin: MA's current net profit margins (44.6%) are lower than last year (44.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MA's earnings have grown by 11.7% per year over the past 5 years.
Accelerating Growth: MA's earnings growth over the past year (12.7%) exceeds its 5-year average (11.7% per year).
Earnings vs Industry: MA earnings growth over the past year (12.7%) exceeded the Diversified Financial industry 9.9%.
Return on Equity
High ROE: Whilst MA's Return on Equity (160%) is outstanding, this metric is skewed due to their high level of debt.