Mastercard Incorporated (MA) EV/EBITDA Ratio: 21.10x
Is Mastercard Incorporated’s EV/EBITDA ratio high or low?
Mastercard Incorporated's EV/EBITDA ratio of 21.10x is 28% below its 5-year average of 29.14x, near the low end of its 5-year range (20.35x–44.44x).
The EV/EBITDA ratio for Mastercard Incorporated (MA) is 21.10x as of Wednesday, June 10, 2026. It is below its 12-month average by 19.94% (26.36x).
MA EV/EBITDA Ratio Chart
MA Average EV/EBITDA Ratio Chart
MA Current vs Average EV/EBITDA Ratio Chart
MA EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
21.10x
EV/EBITDA RATIO AVG TTM
26.36x
EV/EBITDA RATIO AVG 3Y
28.04x
EV/EBITDA RATIO AVG 5Y
29.14x
EV/EBITDA RATIO AVG 10Y
28.63x
EV/EBITDA RATIO AVG 15Y
24.79x
EV/EBITDA RATIO AVG 20Y
36.54x
CURRENT VS TTM AVG
-19.94%
CURRENT VS 3Y AVG
-24.76%
CURRENT VS 5Y AVG
-27.59%
CURRENT VS 10Y AVG
-26.31%
CURRENT VS 15Y AVG
-14.90%
CURRENT VS 20Y AVG
-42.26%
MA Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mastercard Incorporated (MA) | — | 21.10x | 26.36x | 28.04x | 29.14x |
| Bank of America Corporation (BAC) | $388.93B | 13.12x | 21.87x | 21.04x | 19.41x |
| Invesco QQQ Trust, Series 1 (QQQ) | $488.15B | N/A | N/A | N/A | N/A |
| Morgan Stanley (MS) | $327.17B | 21.74x | 23.42x | 24.14x | 21.47x |
| The Goldman Sachs Group, Inc. (GS) | $296.20B | 42.20x | 32.84x | 31.18x | 24.93x |
| Wells Fargo & Company (WFC) | $251.58B | 17.11x | 15.24x | 11.88x | 9.71x |
| Vanguard Total Stock Market ETF (VTI) | $617.39B | N/A | N/A | N/A | N/A |
| Visa Inc. (V) | $619.81B | 22.56x | 24.98x | 24.53x | 25.12x |
| Citigroup Inc. (C) | $228.07B | 39.94x | 26.46x | 24.70x | 19.49x |
| American Express Company (AXP) | $214.47B | 12.08x | 15.23x | 13.73x | 13.09x |
EV/EBITDA vs. its own history
At 21.1, EV/EBITDA is in its normal range — richer than 44% of its 19-year range.
19-year low
8.3
median
23.4
19-year high
1085.4
Understanding EV/EBITDA
Enterprise Value (EV) = Market Cap + Total Debt - Cash
EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization
EV/EBITDA is commonly used for comparing companies because:
- It accounts for debt levels (capital structure neutral)
- It removes effects of different depreciation policies
- It can be compared across countries with different tax rates
- It can remain available when net income is negative, if EBITDA is positive
Mastercard Incorporated EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Mastercard Incorporated EV/EBITDA Ratio FAQ
- What is the EV/EBITDA ratio for Mastercard Incorporated (MA)?
- The EV/EBITDA ratio for MA stock is 21.10x.
- Is Mastercard Incorporated's EV/EBITDA ratio high or low?
- Mastercard Incorporated's EV/EBITDA ratio of 21.10x is 28% below its 5-year average of 29.14x, near the low end of its 5-year range (20.35x–44.44x).
- What is the TTM average EV/EBITDA ratio for Mastercard Incorporated (MA)?
- The TTM average EV/EBITDA ratio for MA stock is 26.36x.
- What is the 3Y average EV/EBITDA ratio for Mastercard Incorporated (MA)?
- The 3Y average EV/EBITDA ratio for MA stock is 28.04x.
- What is the 5Y average EV/EBITDA ratio for Mastercard Incorporated (MA)?
- The 5Y average EV/EBITDA ratio for MA stock is 29.14x.
- What is the 10Y average EV/EBITDA ratio for Mastercard Incorporated (MA)?
- The 10Y average EV/EBITDA ratio for MA stock is 28.63x.
- What is the 15Y average EV/EBITDA ratio for Mastercard Incorporated (MA)?
- The 15Y average EV/EBITDA ratio for MA stock is 24.79x.
- What is the 20Y average EV/EBITDA ratio for Mastercard Incorporated (MA)?
- The 20Y average EV/EBITDA ratio for MA stock is 36.54x.
Mastercard Incorporated EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-10 | 21.10x |
| 2026-06-09 | 21.35x |
| 2026-06-08 | 20.95x |
| 2026-06-05 | 21.17x |
| 2026-06-04 | 20.78x |
| 2026-06-03 | 20.35x |
| 2026-06-02 | 20.61x |
| 2026-06-01 | 21.35x |
| 2026-05-29 | 21.30x |
| 2026-05-28 | 21.29x |
| 2026-05-27 | 21.34x |
| 2026-05-26 | 21.26x |
| 2026-05-22 | 21.49x |
| 2026-05-21 | 21.53x |
| 2026-05-20 | 21.47x |
| 2026-05-19 | 21.54x |
| 2026-05-18 | 21.79x |
| 2026-05-15 | 21.31x |
| 2026-05-14 | 21.13x |
| 2026-05-13 | 21.16x |
| 2026-05-12 | 21.54x |
| 2026-05-11 | 21.46x |
| 2026-05-08 | 21.36x |
| 2026-05-07 | 21.59x |
| 2026-05-06 | 21.21x |
| 2026-05-05 | 21.43x |
| 2026-05-04 | 21.75x |
| 2026-05-01 | 21.36x |
| 2026-04-30 | 21.67x |
| 2026-04-29 | 23.77x |
| 2026-04-28 | 22.99x |
| 2026-04-27 | 22.94x |
| 2026-04-24 | 22.84x |
| 2026-04-23 | 22.76x |
| 2026-04-22 | 23.10x |
| 2026-04-21 | 23.16x |
| 2026-04-20 | 23.39x |
| 2026-04-17 | 23.60x |
| 2026-04-16 | 23.48x |
| 2026-04-15 | 23.54x |
| 2026-04-14 | 23.24x |
| 2026-04-13 | 23.03x |
| 2026-04-10 | 22.59x |
| 2026-04-09 | 22.81x |
| 2026-04-08 | 22.97x |
| 2026-04-07 | 22.58x |
| 2026-04-06 | 22.72x |
| 2026-04-02 | 22.36x |
| 2026-04-01 | 22.28x |
| 2026-03-31 | 22.64x |
| 2026-03-30 | 22.39x |
| 2026-03-27 | 21.95x |
| 2026-03-26 | 22.69x |
| 2026-03-25 | 22.77x |
| 2026-03-24 | 22.60x |
| 2026-03-23 | 22.67x |
| 2026-03-20 | 22.49x |
| 2026-03-19 | 22.26x |
| 2026-03-18 | 22.14x |
| 2026-03-17 | 22.94x |
| 2026-03-16 | 23.03x |
| 2026-03-13 | 22.56x |
| 2026-03-12 | 22.53x |
| 2026-03-11 | 22.83x |
| 2026-03-10 | 23.31x |
| 2026-03-09 | 23.44x |
| 2026-03-06 | 23.65x |
| 2026-03-05 | 23.75x |
| 2026-03-04 | 23.67x |
| 2026-03-03 | 23.73x |
| 2026-03-02 | 23.59x |
| 2026-02-27 | 23.42x |
| 2026-02-26 | 23.31x |
| 2026-02-25 | 23.07x |
| 2026-02-24 | 22.56x |
| 2026-02-23 | 22.48x |
| 2026-02-20 | 23.83x |
| 2026-02-19 | 23.55x |
| 2026-02-18 | 23.90x |
| 2026-02-17 | 23.63x |
| 2026-02-13 | 23.47x |
| 2026-02-12 | 23.87x |
| 2026-02-11 | 24.32x |
| 2026-02-10 | 25.80x |
| 2026-02-09 | 25.56x |
| 2026-02-06 | 26.19x |
| 2026-02-05 | 26.34x |
| 2026-02-04 | 26.41x |
| 2026-02-03 | 26.28x |
| 2026-02-02 | 26.50x |
| 2026-01-30 | 25.72x |
| 2026-01-29 | 25.95x |
| 2026-01-28 | 24.91x |
| 2026-01-27 | 24.86x |
| 2026-01-26 | 25.19x |
| 2026-01-23 | 25.06x |
| 2026-01-22 | 25.44x |
| 2026-01-21 | 25.20x |
| 2026-01-20 | 25.39x |
| 2026-01-16 | 25.76x |
| 2026-01-15 | 25.90x |
| 2026-01-14 | 26.10x |
| 2026-01-13 | 26.01x |
| 2026-01-12 | 27.01x |
| 2026-01-09 | 27.45x |
| 2026-01-08 | 27.66x |
| 2026-01-07 | 27.65x |
| 2026-01-06 | 27.67x |
| 2026-01-05 | 27.12x |
| 2026-01-02 | 26.86x |
| 2025-12-31 | 27.23x |
| 2025-12-30 | 27.54x |
| 2025-12-29 | 27.56x |
| 2025-12-26 | 27.64x |
| 2025-12-24 | 27.63x |
| 2025-12-23 | 27.48x |
| 2025-12-22 | 27.45x |
| 2025-12-19 | 27.29x |
| 2025-12-18 | 27.01x |
| 2025-12-17 | 26.97x |
| 2025-12-16 | 27.00x |
| 2025-12-15 | 27.15x |
| 2025-12-12 | 27.28x |
| 2025-12-11 | 26.88x |
| 2025-12-10 | 25.73x |
| 2025-12-09 | 25.66x |
| 2025-12-08 | 25.80x |
| 2025-12-05 | 26.04x |
| 2025-12-04 | 25.89x |
| 2025-12-03 | 26.42x |
| 2025-12-02 | 26.06x |
| 2025-12-01 | 25.97x |
| 2025-11-28 | 26.27x |
| 2025-11-26 | 26.01x |
| 2025-11-25 | 26.08x |
| 2025-11-24 | 25.68x |
| 2025-11-21 | 25.80x |
| 2025-11-20 | 25.21x |
| 2025-11-19 | 25.33x |
| 2025-11-18 | 25.20x |
| 2025-11-17 | 25.63x |
| 2025-11-14 | 26.05x |
| 2025-11-13 | 26.51x |
| 2025-11-12 | 26.78x |
| 2025-11-11 | 26.64x |
| 2025-11-10 | 26.39x |
| 2025-11-07 | 26.34x |
| 2025-11-06 | 26.40x |
| 2025-11-05 | 26.40x |
| 2025-11-04 | 26.38x |
| 2025-11-03 | 25.97x |
| 2025-10-31 | 26.34x |
| 2025-10-30 | 26.42x |
| 2025-10-29 | 28.26x |
| 2025-10-28 | 28.82x |
| 2025-10-27 | 29.15x |
| 2025-10-24 | 29.21x |
| 2025-10-23 | 29.22x |
| 2025-10-22 | 29.10x |
| 2025-10-21 | 29.13x |
| 2025-10-20 | 28.85x |
| 2025-10-17 | 28.58x |
| 2025-10-16 | 28.02x |
| 2025-10-15 | 28.67x |
| 2025-10-14 | 28.92x |
| 2025-10-13 | 28.49x |
| 2025-10-10 | 28.40x |
| 2025-10-09 | 28.76x |
| 2025-10-08 | 29.35x |
| 2025-10-07 | 29.52x |
| 2025-10-06 | 29.47x |
| 2025-10-03 | 29.55x |
| 2025-10-02 | 29.39x |
| 2025-10-01 | 29.22x |
| 2025-09-30 | 28.97x |
| 2025-09-29 | 28.93x |
| 2025-09-26 | 28.78x |
| 2025-09-25 | 28.89x |
| 2025-09-24 | 28.97x |
| 2025-09-23 | 29.03x |
| 2025-09-22 | 29.75x |
| 2025-09-19 | 29.74x |
| 2025-09-18 | 29.83x |
| 2025-09-17 | 30.46x |
| 2025-09-16 | 29.85x |
| 2025-09-15 | 29.68x |
| 2025-09-12 | 29.55x |
| 2025-09-11 | 29.96x |
| 2025-09-10 | 29.50x |
| 2025-09-09 | 29.73x |
| 2025-09-08 | 29.86x |
| 2025-09-05 | 29.74x |
| 2025-09-04 | 30.31x |
| 2025-09-03 | 30.19x |
| 2025-09-02 | 30.12x |
| 2025-08-29 | 30.29x |
| 2025-08-28 | 30.05x |
| 2025-08-27 | 30.06x |
| 2025-08-26 | 30.11x |
| 2025-08-25 | 30.19x |
| 2025-08-22 | 30.47x |
| 2025-08-21 | 30.12x |
| 2025-08-20 | 30.16x |
| 2025-08-19 | 29.80x |
| 2025-08-18 | 29.73x |
| 2025-08-15 | 29.61x |
| 2025-08-14 | 29.72x |
| 2025-08-13 | 29.42x |
| 2025-08-12 | 29.24x |
| 2025-08-11 | 29.21x |
| 2025-08-08 | 29.24x |
| 2025-08-07 | 28.59x |
| 2025-08-06 | 28.98x |
| 2025-08-05 | 28.83x |
| 2025-08-04 | 29.02x |
| 2025-08-01 | 28.52x |
| 2025-07-31 | 28.85x |
| 2025-07-30 | 30.08x |
| 2025-07-29 | 30.30x |
| 2025-07-28 | 30.56x |
| 2025-07-25 | 30.56x |
| 2025-07-24 | 30.31x |
| 2025-07-23 | 30.24x |
| 2025-07-22 | 30.06x |
| 2025-07-21 | 29.85x |
| 2025-07-18 | 29.74x |
| 2025-07-17 | 29.90x |
| 2025-07-16 | 29.89x |
| 2025-07-15 | 29.62x |
| 2025-07-14 | 29.76x |
| 2025-07-11 | 29.61x |
| 2025-07-10 | 30.31x |
| 2025-07-09 | 30.40x |
| 2025-07-08 | 30.26x |
| 2025-07-07 | 30.40x |
| 2025-07-03 | 30.62x |
| 2025-07-02 | 30.21x |
| 2025-07-01 | 30.37x |
| 2025-06-30 | 30.23x |
| 2025-06-27 | 29.62x |
| 2025-06-26 | 29.38x |
| 2025-06-25 | 29.59x |
| 2025-06-24 | 30.00x |
| 2025-06-23 | 29.20x |
| 2025-06-20 | 28.71x |
| 2025-06-18 | 29.01x |
| 2025-06-17 | 30.63x |
| 2025-06-16 | 30.59x |
| 2025-06-13 | 30.24x |
| 2025-06-12 | 31.67x |
| 2025-06-11 | 31.75x |
| 2025-06-10 | 31.68x |
| 2025-06-09 | 31.41x |
| 2025-06-06 | 31.71x |
| 2025-06-05 | 31.47x |
| 2025-06-04 | 31.40x |
| 2025-06-03 | 31.29x |
| 2025-06-02 | 31.25x |
| 2025-05-30 | 31.48x |
| 2025-05-29 | 31.06x |
Showing the most recent 260 of 4,717 data points. The chart above shows the full history.
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