Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 29.03.
Forward PE Ratio (29.03) = Close Price ($570.89) / Consensus Forward EPS ($19.96)
FORWARD PE RATIO
29.03
SECTOR MEDIAN · FINANCIAL SERVICES
15.08
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
+92.51%
vs the sector median at left
Mastercard Incorporated
Market Cap
$500.69B
Forward PE Ratio
29.03
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Mastercard Incorporated (MA) | $500.69B | 29.03 |
| Invesco QQQ Trust, Series 1 (QQQ)vs › | $511.86B | N/A |
| Bank of America Corporation (BAC)vs › | $442.76B | 13.44 |
| Morgan Stanley (MS)vs › | $341.18B | 16.88 |
| Vanguard Total International Stock ETF (VXUS)vs › | $676.99B | N/A |
| Visa Inc. (V)vs › | $688.27B | 28.36 |
| The Goldman Sachs Group, Inc. (GS)vs › | $305.78B | 14.79 |
| Wells Fargo & Company (WFC)vs › | $266.04B | 12.34 |
| Citigroup Inc. (C)vs › | $234.50B | 12.21 |
| American Express Company (AXP)vs › | $220.22B | 18.48 |
Trailing P/E
31.9
reported TTM EPS
Forward P/E
29.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $19.96 implies +9.8% EPS growth vs the reported trailing $18.18.
At today's $570.89 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $19.96 | $19.34 – $20.30 | 24 | 28.6x |
| 2027-12-31 | $23.09 | $22.51 – $23.74 | 25 | 24.7x |
| 2028-12-31 | $26.88 | $24.95 – $27.98 | 14 | 21.2x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute