Mastercard (MA) stock price, revenue, and financials

Mastercard market cap is $296.1 b, and annual revenue was $16.88 b in FY 2019

$296.1 B

MA Mkt cap, 22-May-2020

$4 B

Mastercard Revenue Q1, 2020
Mastercard Net income (Q1, 2020)1.7 B
Mastercard EBIT (Q1, 2020)2.2 B
Mastercard Cash, 31-Mar-202010.2 B
Mastercard EV298.4 B

Mastercard Revenue Breakdown

Embed Graph

Mastercard revenue breakdown by business segment: 28.1% from Domestic Assessments, 22.7% from Cross-Border Volume Fees, 33.9% from Transaction processing and 15.3% from Other

Mastercard revenue breakdown by geographic segment: 35.5% from North American Markets, 63.2% from International Markets and 1.3% from Other

Mastercard Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

10.8b12.5b15.0b16.9b

Revenue growth, %

11%16%20%

Sales and marketing expense

698.0m771.0m907.0m934.0m

General and administrative expense

3.8b4.7b5.2b5.8b

Operating expense total

4.6b5.4b7.2b6.7b

Depreciation and amortization

373.0m436.0m459.0m522.0m

EBIT

5.8b6.6b7.3b9.7b

EBIT margin, %

53%53%49%57%

Interest expense

95.0m154.0m186.0m67.0m

Investment income

43.0m56.0m122.0m97.0m

Pre tax profit

5.6b6.5b7.2b9.7b

Income tax expense

1.6b2.6b1.3b1.6b

Net Income

4.1b3.9b5.9b8.1b

Mastercard Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

6.7b5.9b6.7b7.0b

Accounts Receivable

1.4b2.0b2.3b2.5b

Prepaid Expenses

1.8b

Current Assets

13.2b13.8b16.2b16.9b

PP&E

733.0m829.0m921.0m1.8b

Goodwill

1.8b3.0b2.9b4.0b

Total Assets

18.7b13.8b24.9b29.2b

Accounts Payable

609.0m933.0m537.0m489.0m

Short-term debt

500.0m

Current Liabilities

7.2b8.8b11.6b11.9b

Long-term debt

5.2b5.4b5.8b8.5b

Total Debt

5.2b5.4b6.3b8.5b

Total Liabilities

13.0b15.8b19.4b23.2b

Additional Paid-in Capital

4.2b4.4b4.6b4.8b

Retained Earnings

19.4b22.4b27.3b34.0b

Total Equity

5.7b5.5b5.4b5.9b

Debt to Equity Ratio

0.9 x1 x1.2 x

Debt to Assets Ratio

0.3 x0.4 x0.3 x

Financial Leverage

3.3 x2.5 x4.6 x4.9 x

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

4.9b5.2b5.2b6.0b5.2b5.6b5.9b6.9b6.2b6.9b6.7b5.9b5.7b5.1b10.2b

Accounts Receivable

1.2b1.2b1.3b1.6b1.7b1.9b2.0b2.1b2.2b2.3b2.3b2.6b2.6b2.5b2.4b

Prepaid Expenses

1.0b1.4b1.5b1.8b1.9b1.7b

Current Assets

10.6b11.0b11.8b12.9b12.5b13.2b13.8b14.7b14.3b15.1b16.2b14.4b14.2b14.8b18.1b

PP&E

669.0m680.0m698.0m748.0m845.0m901.0m829.0m839.0m860.0m876.0m921.0m1.3b1.3b1.5b1.9b

Goodwill

1.9b1.8b1.8b1.8b2.8b3.0b3.0b3.1b3.0b3.0b2.9b2.9b3.5b3.7b4.1b

Total Assets

15.9b16.3b17.3b18.6b19.8b20.9b21.3b22.9b22.5b23.3b24.9b23.5b24.7b26.0b30.6b

Accounts Payable

409.0m452.0m437.0m680.0m654.0m722.0m933.0m370.0m345.0m382.0m537.0m508.0m432.0m505.0m371.0m

Short-term debt

500.0m500.0m1.7b1.3b1.3b

Current Liabilities

6.4b6.5b7.1b7.1b7.6b8.0b8.8b8.9b9.5b9.7b11.6b10.2b9.5b10.7b9.7b

Long-term debt

3.3b3.3b3.3b5.2b5.3b5.4b5.4b6.5b5.9b5.9b5.8b5.8b7.8b7.7b12.5b

Total Debt

3.3b3.3b3.3b5.2b5.3b5.4b5.4b6.5b5.9b6.4b6.3b6.3b9.1b9.0b12.5b

Total Liabilities

10.4b10.4b11.1b12.9b13.9b14.4b15.8b17.1b17.1b17.5b19.4b18.3b19.6b20.9b25.2b

Additional Paid-in Capital

4.0b4.1b4.1b4.2b4.3b4.3b4.4b4.4b4.5b4.5b4.6b4.6b4.7b4.7b4.7b

Retained Earnings

17.0b17.7b18.7b20.3b21.2b22.4b22.4b23.9b25.1b26.7b27.3b28.8b30.5b32.3b35.3b

Total Equity

5.5b5.9b6.2b5.6b5.9b6.5b5.5b5.7b5.3b5.8b5.4b5.2b5.0b5.0b5.4b

Debt to Equity Ratio

0.6 x0.6 x0.5 x0.9 x0.9 x0.8 x1.1 x1.1 x1.1 x1.2 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x

Financial Leverage

2.9 x2.8 x2.8 x3.3 x3.4 x3.2 x3.9 x4 x4.3 x4 x4.6 x4.5 x4.9 x5.2 x5.7 x

Mastercard Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

4.1b3.9b5.9b8.1b

Depreciation and Amortization

373.0m437.0m459.0m522.0m

Accounts Receivable

(338.0m)(445.0m)(317.0m)(246.0m)

Accounts Payable

145.0m290.0m101.0m(42.0m)

Cash From Operating Activities

4.6b5.7b6.2b8.2b

Purchases of PP&E

(215.0m)(300.0m)(330.0m)(422.0m)

Cash From Investing Activities

(1.2b)(1.8b)(506.0m)(1.6b)

Long-term Borrowings

(64.0m)(500.0m)

Dividends Paid

(837.0m)(942.0m)(1.0b)(1.3b)

Cash From Financing Activities

(2.3b)(4.8b)(5.0b)(5.9b)

Net Change in Cash

1.1b(681.0m)745.0m632.0m

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

959.0m1.9b3.1b1.1b2.3b3.7b3.9b1.5b3.1b5.0b5.9b1.9b3.9b6.0b1.7b

Depreciation and Amortization

95.0m188.0m281.0m92.0m203.0m321.0m437.0m120.0m235.0m346.0m459.0m117.0m239.0m376.0m144.0m

Accounts Receivable

(87.0m)(100.0m)(190.0m)(120.0m)(186.0m)(321.0m)(445.0m)(80.0m)(195.0m)(317.0m)(317.0m)(320.0m)(327.0m)(278.0m)(3.0m)

Accounts Payable

(75.0m)(18.0m)(33.0m)57.0m24.0m85.0m290.0m(62.0m)(86.0m)(44.0m)101.0m(22.0m)(105.0m)(36.0m)(102.0m)

Cash From Operating Activities

1.1b2.1b3.5b727.0m2.1b3.8b5.6b1.0b2.5b4.9b6.2b1.3b2.8b5.2b1.9b

Purchases of PP&E

(37.0m)(101.0m)(156.0m)(64.0m)(114.0m)(214.0m)(300.0m)(82.0m)(172.0m)(255.0m)(330.0m)(83.0m)(174.0m)(306.0m)(131.0m)

Cash From Investing Activities

(385.0m)(495.0m)(1.1b)(123.0m)(1.2b)(1.6b)(1.8b)367.0m(6.0m)(237.0m)(506.0m)213.0m(554.0m)(1.2b)(507.0m)

Long-term Borrowings

(64.0m)(64.0m)(64.0m)(500.0m)(500.0m)

Dividends Paid

(212.0m)(421.0m)(630.0m)(238.0m)(474.0m)(709.0m)(942.0m)(263.0m)(525.0m)(785.0m)(1.0b)(340.0m)(677.0m)(1.0b)(403.0m)

Cash From Financing Activities

(1.6b)(2.2b)(3.0b)(1.2b)(2.5b)(3.5b)(4.8b)(665.0m)(2.4b)(3.8b)(5.0b)(2.2b)(3.2b)(5.3b)2.1b

Net Change in Cash

(853.0m)(571.0m)(542.0m)(598.0m)(1.5b)(1.1b)(788.0m)832.0m176.0m886.0m745.0m(752.0m)(892.0m)(1.4b)3.4b

Mastercard Ratios

USDY, 2020

EV/EBIT

134.9 x

EV/CFO

160.5 x

Financial Leverage

5.7 x

Mastercard Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017

Cards (Commercial Credit)

40 m41 m42 m67 m

Cards (Consumer Credit)

727 m739 m740 m768 m

Cards (Debit and Prepaid)

670 m783 m888 m991 m

Countries

210 210 210 210

Currencies

150 150 150 150

Gross Dollar Volume (Commercial Credit)

$360 b$374 b$400 b$583 b

Gross Dollar Volume (Consumer Credit)

$2.12 t$2.08 t$2.14 t$2.29 t

Gross Dollar Volume (Debit and Prepaid)

$2.02 t$2.11 t$2.29 t$2.37 t