Mastercard Incorporated (MA) Debt to Equity Ratio: 2.46
Is Mastercard Incorporated’s debt to equity ratio high or low?
Mastercard Incorporated's debt to equity ratio of 2.46 is in line with its 5-year average of 2.27, around the middle of its 5-year range (1.90–2.81).
The debt to equity ratio for Mastercard Incorporated (MA) is 2.46 as of Tuesday, June 9, 2026. It is below its 12-month average by 6.64% (2.63).
MA Debt to Equity Ratio Chart
MA Average Debt to Equity Ratio Chart
MA Current vs Average Debt to Equity Ratio Chart
MA Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
2.46
DEBT TO EQUITY RATIO AVG TTM
2.63
DEBT TO EQUITY RATIO AVG 3Y
2.44
DEBT TO EQUITY RATIO AVG 5Y
2.27
DEBT TO EQUITY RATIO AVG 10Y
1.70
DEBT TO EQUITY RATIO AVG 15Y
1.18
DEBT TO EQUITY RATIO AVG 20Y
0.92
CURRENT VS TTM AVG
-6.64%
CURRENT VS 3Y AVG
+0.82%
CURRENT VS 5Y AVG
+8.21%
CURRENT VS 10Y AVG
+44.63%
CURRENT VS 15Y AVG
+107.92%
CURRENT VS 20Y AVG
+166.15%
MA Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mastercard Incorporated (MA) | — | 2.46 | 2.63 | 2.44 | 2.27 |
| Bank of America Corporation (BAC) | $386.20B | 1.21 | 1.72 | 1.84 | 1.81 |
| Invesco QQQ Trust, Series 1 (QQQ) | $495.94B | N/A | N/A | N/A | N/A |
| Morgan Stanley (MS) | $331.62B | 4.26 | 3.85 | 3.55 | 3.32 |
| The Goldman Sachs Group, Inc. (GS) | $304.45B | 4.88 | 4.97 | 4.66 | 4.58 |
| Vanguard Total Stock Market ETF (VTI) | $622.51B | N/A | N/A | N/A | N/A |
| Visa Inc. (V) | $623.06B | 0.66 | 0.59 | 0.59 | 0.60 |
| Wells Fargo & Company (WFC) | $250.94B | 2.35 | 1.96 | 1.69 | 1.55 |
| Citigroup Inc. (C) | $229.72B | 3.37 | 3.10 | 2.93 | 2.76 |
| American Express Company (AXP) | $217.24B | 1.73 | 1.71 | 1.74 | 1.79 |
Financial Health
Debt/Equity
2.46
Current Ratio
1.03
Mastercard Incorporated Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Mastercard Incorporated 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 2.46.
- Is Mastercard Incorporated's debt to equity ratio high or low?
- Mastercard Incorporated's debt to equity ratio of 2.46 is in line with its 5-year average of 2.27, around the middle of its 5-year range (1.90–2.81).
- What is the TTM average debt to equity ratio for Mastercard Incorporated (MA)?
- The TTM average debt to equity ratio for MA stock is 2.63.
- What is the 3Y average debt to equity ratio for Mastercard Incorporated (MA)?
- The 3Y average debt to equity ratio for MA stock is 2.44.
- What is the 5Y average debt to equity ratio for Mastercard Incorporated (MA)?
- The 5Y average debt to equity ratio for MA stock is 2.27.
- What is the 10Y average debt to equity ratio for Mastercard Incorporated (MA)?
- The 10Y average debt to equity ratio for MA stock is 1.70.
- What is the 15Y average debt to equity ratio for Mastercard Incorporated (MA)?
- The 15Y average debt to equity ratio for MA stock is 1.18.
- What is the 20Y average debt to equity ratio for Mastercard Incorporated (MA)?
- The 20Y average debt to equity ratio for MA stock is 0.92.
Mastercard Incorporated Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 2.46 |
| 2024-12-31 | 2.81 |
| 2023-12-31 | 2.26 |
| 2022-12-31 | 2.23 |
| 2021-12-31 | 1.90 |
| 2020-12-31 | 1.98 |
| 2019-12-31 | 1.45 |
| 2018-12-31 | 1.17 |
| 2017-12-31 | 0.99 |
| 2016-12-31 | 0.92 |
| 2015-12-31 | 0.54 |
| 2014-12-31 | 0.22 |
| 2013-12-31 | 0.00 |
| 2012-12-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2010-12-31 | 0.00 |
| 2009-12-31 | 0.01 |
| 2008-12-31 | 0.09 |
| 2007-12-31 | 0.08 |
| 2006-12-31 | 0.10 |
| 2005-12-31 | 0.20 |
| 2004-12-31 | 0.24 |
| 2003-12-31 | 0.33 |
| 2002-12-31 | 0.08 |
| 2001-12-31 | 0.15 |
| 2000-12-31 | 0.18 |
| 1998-12-31 | 0.32 |
Related Metrics
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.
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- CEO
- Michael Miebach