Mastercard (MA) Debt/Equity Ratio: History & Chart

Mastercard Incorporated(MA)

Financial - Credit Services · Purchase, NY

$570.89+0.00 (+0.00%)

Delayed quote: Sep 8, 2026, 4:00 PM EDT

About Mastercard Incorporated

Mastercard Incorporated is a global technology firm specializing in providing transaction processing and a wide array of payment solutions, operating across the United States and internationally. Its core business centers on enabling the entire payment transaction lifecycle – including authorization, clearing, and settlement – alongside offering a spectrum of complementary payment services. The company provides a comprehensive suite of integrated products and value-added services to a diverse clientele, which includes individual account holders, merchants, financial institutions, businesses, governments, and other organizations. These offerings span programs enabling deferred payment credit, prepaid card management services, commercial credit and debit solutions, and tools for accessing funds in deposit and other accounts. Additionally, Mastercard offers advanced cyber and intelligence solutions designed to secure transactions for all participants, and provides proprietary insights derived from the responsible utilization of consumer and merchant data. For online merchants, its specialized offerings encompass analytics, experimental "test and learn" platforms, consulting, managed services, loyalty programs, payment processing, and secure gateway technologies. The company also operates open banking and digital identity platforms. Its prominent payment solutions are delivered under the MasterCard, Maestro, and Cirrus brands. Established in 1966, Mastercard Incorporated is headquartered in Purchase, New York.

Purchase, NY

39,800 employees

www.mastercard.com

Financial Services / Financial - Credit Services

Sector: Financial Services
Industry: Financial - Credit Services
CEO: Michael Miebach

View full financials

MA Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

4.39

DEBT TO EQUITY RATIO AVG TTM

2.90

DEBT TO EQUITY RATIO AVG 3Y

2.50

DEBT TO EQUITY RATIO AVG 5Y

2.40

DEBT TO EQUITY RATIO AVG 10Y

1.86

DEBT TO EQUITY RATIO AVG 15Y

1.34

DEBT TO EQUITY RATIO AVG 20Y

1.02

CURRENT VS TTM AVG

+51.60%

CURRENT VS 3Y AVG

+75.57%

CURRENT VS 5Y AVG

+82.97%

CURRENT VS 10Y AVG

+135.53%

CURRENT VS 15Y AVG

+227.67%

CURRENT VS 20Y AVG

+329.85%

SECTOR MEDIAN · FINANCIAL SERVICES

0.65

median of 101 covered companies

CURRENT VS SECTOR MEDIAN

+575.68%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Mastercard Incorporated (MA)	$500.69B	4.39	2.90	2.50	2.40
Invesco QQQ Trust, Series 1 (QQQ)vs ›	$511.86B	N/A	N/A	N/A	N/A
Bank of America Corporation (BAC)vs ›	$442.76B	2.43	1.72	1.84	1.81
Morgan Stanley (MS)vs ›	$341.18B	4.75	3.85	3.55	3.32
Vanguard Total International Stock ETF (VXUS)vs ›	$676.99B	N/A	N/A	N/A	N/A
Visa Inc. (V)vs ›	$688.27B	0.68	0.59	0.59	0.60
The Goldman Sachs Group, Inc. (GS)vs ›	$305.78B	6.04	4.97	4.66	4.58
Wells Fargo & Company (WFC)vs ›	$266.04B	2.55	1.96	1.69	1.55
Citigroup Inc. (C)vs ›	$234.50B	3.84	3.10	2.93	2.76
American Express Company (AXP)vs ›	$220.22B	1.72	1.71	1.74	1.79

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Mastercard Incorporated (MA)

$500.69B

4.39

2.90

2.50

2.40

Invesco QQQ Trust, Series 1 (QQQ)vs ›

$511.86B

N/A

Bank of America Corporation (BAC)vs ›

$442.76B

2.43

1.72

1.84

1.81

Morgan Stanley (MS)vs ›

$341.18B

4.75

3.85

3.55

3.32

Vanguard Total International Stock ETF (VXUS)vs ›

$676.99B

N/A

Visa Inc. (V)vs ›

$688.27B

0.68

0.59

0.60

The Goldman Sachs Group, Inc. (GS)vs ›

$305.78B

6.04

4.97

4.66

4.58

Wells Fargo & Company (WFC)vs ›

$266.04B

2.55

1.96

1.69

1.55

Citigroup Inc. (C)vs ›

$234.50B

3.84

3.10

2.93

2.76

American Express Company (AXP)vs ›

$220.22B

1.72

1.71

1.74

1.79

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Mastercard Incorporated (MA)?

The debt to equity ratio for MA stock is 4.39.

Is Mastercard Incorporated's debt to equity ratio high or low?

The debt to equity ratio of 4.39 is 83% above its 5-year average of 2.40, near the high end of its 5-year range (1.90–4.39).

What is the TTM average debt to equity ratio for Mastercard Incorporated (MA)?

The TTM average debt to equity ratio for MA stock is 2.90.

What is the 3Y average debt to equity ratio for Mastercard Incorporated (MA)?

The 3Y average debt to equity ratio for MA stock is 2.50.

What is the 5Y average debt to equity ratio for Mastercard Incorporated (MA)?

The 5Y average debt to equity ratio for MA stock is 2.40.

What is the 10Y average debt to equity ratio for Mastercard Incorporated (MA)?

The 10Y average debt to equity ratio for MA stock is 1.86.

What is the 15Y average debt to equity ratio for Mastercard Incorporated (MA)?

The 15Y average debt to equity ratio for MA stock is 1.34.

What is the 20Y average debt to equity ratio for Mastercard Incorporated (MA)?

The 20Y average debt to equity ratio for MA stock is 1.02.

DATE	DEBT TO EQUITY RATIO
2026-06-30	4.39
2026-03-31	2.82
2025-12-31	2.46
2025-09-30	2.40
2025-06-30	2.42
2025-03-31	2.82
2024-12-31	2.81
2024-09-30	2.47
2024-06-30	2.10
2024-03-31	2.16
2023-12-31	2.26
2023-09-30	2.47
2023-06-30	2.84
2023-03-31	2.92
2022-12-31	2.23
2022-09-30	2.28
2022-06-30	2.35
2022-03-31	2.08
2021-12-31	1.90
2021-09-30	2.07
2021-06-30	2.16
2021-03-31	2.19
2020-12-31	1.98
2020-09-30	2.17
2020-06-30	1.93
2020-03-31	2.31
2019-12-31	1.45
2019-09-30	1.56
2019-06-30	1.56
2019-03-31	1.22
2018-12-31	1.17
2018-09-30	1.10
2018-06-30	1.11
2018-03-31	1.13
2017-12-31	0.99
2017-09-30	0.84
2017-06-30	0.91
2017-03-31	0.93
2016-12-31	0.92
2016-09-30	0.53
2016-06-30	0.57
2016-03-31	0.61
2015-12-31	0.54
2015-09-30	0.24
2015-06-30	0.23
2015-03-31	0.24
2014-12-31	0.22
2014-09-30	0.23
2014-06-30	0.24
2014-03-31	0.23
2013-12-31	0.00
2013-09-30	0.00
2013-06-30	0.00
2013-03-31	0.00
2012-12-31	0.00
2012-09-30	0.00
2012-06-30	0.00
2012-03-31	0.00
2011-12-31	0.00
2011-09-30	0.00
2011-06-30	0.00
2011-03-31	0.00
2010-12-31	0.00
2010-09-30	0.00
2010-06-30	0.00
2010-03-31	0.01
2009-12-31	0.01
2009-09-30	0.01
2009-06-30	0.01
2009-03-31	0.01
2008-12-31	0.09
2008-09-30	0.10
2008-06-30	0.08
2008-03-31	0.07
2007-12-31	0.08
2007-09-30	0.07
2007-06-30	0.08
2007-03-31	0.09
2006-12-31	0.10
2006-09-30	0.10
2006-06-30	0.11
2006-03-31	0.18
2005-12-31	0.20
2005-09-30	0.19
2005-06-30	0.20
2005-03-31	0.22
2004-12-31	0.24
2004-09-30	0.26
2004-06-30	0.28
2004-03-31	0.30
2003-12-31	0.33
2003-09-30	1.32
2003-06-30	1.48
2003-03-31	1.59
2002-12-31	0.08
2002-09-30	0.08

DATE

DEBT TO EQUITY RATIO

2026-06-30

4.39

2026-03-31

2.82

2025-12-31

2.46

2025-09-30

2.40

2025-06-30

2.42

2025-03-31

2.82

2024-12-31

2.81

2024-09-30

2.47

2024-06-30

2.10

2024-03-31

2.16

2023-12-31

2.26

2023-09-30

2.47

2023-06-30

2.84

2023-03-31

2.92

2022-12-31

2.23

2022-09-30

2.28

2022-06-30

2.35

2022-03-31

2.08

2021-12-31

1.90

2021-09-30

2.07

2021-06-30

2.16

2021-03-31

2.19

2020-12-31

1.98

2020-09-30

2.17

2020-06-30

1.93

2020-03-31

2.31

2019-12-31

1.45

2019-09-30

1.56

2019-06-30

1.56

2019-03-31

1.22

2018-12-31

1.17

2018-09-30

1.10

2018-06-30

1.11

2018-03-31

1.13

2017-12-31

0.99

2017-09-30

0.84

2017-06-30

0.91

2017-03-31

0.93

2016-12-31

0.92

2016-09-30

0.53

2016-06-30

0.57

2016-03-31

0.61

2015-12-31

0.54

2015-09-30

0.24

2015-06-30

0.23

2015-03-31

0.24

2014-12-31

0.22

2014-09-30

0.23

2014-06-30

0.24

2014-03-31

0.23

2013-12-31

0.00

2013-09-30

0.00

2013-06-30

0.00

2013-03-31

0.00

2012-12-31

0.00

2012-09-30

0.00

2012-06-30

0.00

2012-03-31

0.00

2011-12-31

0.00

2011-09-30

0.00

2011-06-30

0.00

2011-03-31

0.00

2010-12-31

0.00

2010-09-30

0.00

2010-06-30

0.00

2010-03-31

0.01

2009-12-31

0.01

2009-09-30

0.01

2009-06-30

0.01

2009-03-31

0.01

2008-12-31

0.09

2008-09-30

0.10

2008-06-30

0.08

2008-03-31

0.07

2007-12-31

0.08

2007-09-30

0.07

2007-06-30

0.08

2007-03-31

0.09

2006-12-31

0.10

2006-09-30

0.10

2006-06-30

0.11

2006-03-31

0.18

2005-12-31

0.20

2005-09-30

0.19

2005-06-30

0.20

2005-03-31

0.22

2004-12-31

0.24

2004-09-30

0.26

2004-06-30

0.28

2004-03-31

0.30

2003-12-31

0.33

2003-09-30

1.32

2003-06-30

1.48

2003-03-31

1.59

2002-12-31

0.08

2002-09-30

0.08

Debt to Equity Ratio: 4.39

MA Debt to Equity Ratio

MA Average Debt to Equity Ratio Chart

MA Current vs Average Debt to Equity Ratio Chart

MA Debt to Equity Ratio Metrics

MA Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

MA Debt to Equity Ratio History

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