Mastercard Incorporated (MA) Return on Invested Capital (ROIC): 48.63%
Is Mastercard Incorporated’s return on invested capital (ROIC) high or low?
Mastercard Incorporated's return on invested capital (ROIC) of 48.63% is 22% above its 5-year average of 40.01%, near the high end of its 5-year range (29.82%–48.63%).
As of Monday, June 15, 2026. 4.54% above its 12-month average of 46.52%.
MA Return on Invested Capital (ROIC) Chart
MA Average Return on Invested Capital (ROIC) Chart
MA Current vs Average Return on Invested Capital (ROIC) Chart
MA Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
48.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
46.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
44.16%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
40.01%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
39.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
38.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
35.79%
CURRENT VS TTM AVG
+4.54%
CURRENT VS 3Y AVG
+10.13%
CURRENT VS 5Y AVG
+21.55%
CURRENT VS 10Y AVG
+22.56%
CURRENT VS 15Y AVG
+26.45%
CURRENT VS 20Y AVG
+35.87%
MA Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mastercard Incorporated (MA) | $433.52B | 48.63% | 46.52% | 44.16% | 40.01% |
| Bank of America Corporation (BAC)vs › | $396.49B | 3.39% | 2.82% | 2.82% | 2.93% |
| Invesco QQQ Trust, Series 1 (QQQ)vs › | $509.08B | N/A | N/A | N/A | N/A |
| Morgan Stanley (MS)vs › | $343.96B | 1.69% | 2.08% | 2.05% | 2.29% |
| The Goldman Sachs Group, Inc. (GS)vs › | $317.48B | 1.92% | 1.77% | 1.58% | 1.82% |
| Wells Fargo & Company (WFC)vs › | $254.52B | 3.16% | 3.37% | 3.29% | 3.29% |
| Visa Inc. (V)vs › | $620.71B | 28.36% | 28.50% | 26.44% | 23.25% |
| Citigroup Inc. (C)vs › | $240.84B | 0.95% | 1.21% | 1.34% | 1.63% |
| Vanguard Total Stock Market ETF (VTI)vs › | $638.20B | N/A | N/A | N/A | N/A |
| American Express Company (AXP)vs › | $228.84B | 8.29% | 8.50% | 7.85% | 7.26% |
Capital Efficiency
ROIC
48.6%
ROE
231.6%
Mastercard Incorporated Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Mastercard Incorporated Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Mastercard Incorporated (MA)?
- The return on invested capital (ROIC) for MA stock is 48.63%.
- Is Mastercard Incorporated's return on invested capital (ROIC) high or low?
- Mastercard Incorporated's return on invested capital (ROIC) of 48.63% is 22% above its 5-year average of 40.01%, near the high end of its 5-year range (29.82%–48.63%).
- What is the TTM average return on invested capital (ROIC) for Mastercard Incorporated (MA)?
- The TTM average return on invested capital (ROIC) for MA stock is 46.52%.
- What is the 3Y average return on invested capital (ROIC) for Mastercard Incorporated (MA)?
- The 3Y average return on invested capital (ROIC) for MA stock is 44.16%.
- What is the 5Y average return on invested capital (ROIC) for Mastercard Incorporated (MA)?
- The 5Y average return on invested capital (ROIC) for MA stock is 40.01%.
- What is the 10Y average return on invested capital (ROIC) for Mastercard Incorporated (MA)?
- The 10Y average return on invested capital (ROIC) for MA stock is 39.68%.
- What is the 15Y average return on invested capital (ROIC) for Mastercard Incorporated (MA)?
- The 15Y average return on invested capital (ROIC) for MA stock is 38.46%.
- What is the 20Y average return on invested capital (ROIC) for Mastercard Incorporated (MA)?
- The 20Y average return on invested capital (ROIC) for MA stock is 35.79%.
Mastercard Incorporated Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 48.63% |
| 2024-12-31 | 44.41% |
| 2023-12-31 | 41.78% |
| 2022-12-31 | 41.81% |
| 2021-12-31 | 33.59% |
| 2020-12-31 | 29.82% |
| 2019-12-31 | 46.52% |
| 2018-12-31 | 43.02% |
| 2017-12-31 | 31.71% |
| 2016-12-31 | 36.11% |
| 2015-12-31 | 39.08% |
| 2014-12-31 | 39.93% |
| 2013-12-31 | 37.82% |
| 2012-12-31 | 39.64% |
| 2011-12-31 | 29.06% |
| 2010-12-31 | 32.38% |
| 2009-12-31 | 34.64% |
| 2008-12-31 | -9.74% |
| 2007-12-31 | 18.10% |
| 2006-12-31 | 1.20% |
| 2005-12-31 | 12.01% |
| 2004-12-31 | 12.99% |
| 2003-12-31 | -22.46% |
| 2002-12-31 | 7.84% |
| 2001-12-31 | 15.98% |
| 2000-12-31 | 0.00% |
| 1998-12-31 | 0.00% |
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