EBITDA for Mastercard (MA)
According to Mastercard's latest reported financial statements, the company's current EBITDA (TTM) is $20.19B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$20.19B
YoY change
+20.2%
5Y CAGR
+18.3%
Peak year (2025)
$20.19B
Cumulative EBITDA
$147.56B
EBITDA history chart for Mastercard (MA) from 1998 to 2025
EBITDA history table for Mastercard (MA) from 1998 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $20.19B | +20.2% | ||
| 2024 | $16.80B | +11.9% | ||
| 2023 | $15.01B | +15.9% | ||
| 2022 | $12.95B | +13.0% | ||
| 2021 | $11.46B | +31.5% | ||
| 2020 | $8.72B | -16.8% | ||
| 2019 | $10.48B | +33.5% | ||
| 2018 | $7.85B | +10.3% | ||
| 2017 | $7.11B | +16.3% | ||
| 2016 | $6.11B | +13.5% | ||
| 2015 | $5.38B | -1.2% | ||
| 2014 | $5.45B | +14.2% | ||
| 2013 | $4.77B | +14.1% | ||
| 2012 | $4.18B | +41.0% | ||
| 2011 | $2.97B | +0.3% | ||
| 2010 | $2.96B | +19.5% | ||
| 2009 | $2.47B | -1576.1% | ||
| 2008 | -$167.61M | -113.9% | ||
| 2007 | $1.21B | +266.2% | ||
| 2006 | $329.28M | -34.6% | ||
| 2005 | $503.12M | +7.0% | ||
| 2004 | $469.99M | -209.5% | ||
| 2003 | -$429.03M | -265.8% | ||
| 2002 | $258.78M | -17.2% | ||
| 2001 | $312.46M | +75.5% | ||
| 2000 | $178.02M | — | ||
| 1998 | $18.25M | — |
EBITDA values are taken from Mastercard's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Mastercard (MA) EBITDA totalled $20.19B – grew 20.2% year-over-year.
Mastercard EBITDA compound annual growth for the 2020–2025 (5 years) window is +18.3%, sustaining 5 straight years of year-over-year growth.
The dataset's maximum EBITDA sits at $20.19B (2025); the minimum reading of -$429.03M dates to 2003.
Mastercard (MA) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $27.98B.
Mastercard EBITDA by Year
Mastercard EBITDA 2025: $20.19B
Mastercard EBITDA in 2025 was $20.19B, grew 20.2% from 2024. This figure represents the highest annual value in the available history.
Mastercard EBITDA 2024: $16.80B
Mastercard EBITDA in 2024 was $16.80B, grew 11.9% from 2023.
Mastercard EBITDA 2023: $15.01B
Mastercard EBITDA in 2023 was $15.01B, grew 15.9% from 2022.
Mastercard EBITDA 2022: $12.95B
Mastercard EBITDA in 2022 was $12.95B, grew 13.0% from 2021.
Mastercard EBITDA 2021: $11.46B
Mastercard EBITDA in 2021 was $11.46B.
See more financial history for Mastercard (MA).
Sector peers — EBITDA
Companies in the same sector as Mastercard, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $81.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $73.02B | Financial Services |
| Bank of America Corporation (BAC) | $40.01B | Financial Services |
| Wells Fargo & Company (WFC) | $29.35B | Financial Services |
| Morgan Stanley (MS) | $26.61B | Financial Services |
| Visa Inc. (V) | $26.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $24.03B | Financial Services |
| Citigroup Inc. (C) | $23.10B | Financial Services |
Frequently asked questions
What is Mastercard's EBITDA?
- Latest reported EBITDA for Mastercard (MA) is $20.19B (period ending December 31, 2025).
How has Mastercard EBITDA changed year-over-year?
- Mastercard (MA) EBITDA changed +20.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Mastercard EBITDA?
- Mastercard (MA) EBITDA compound annual growth rate is +18.3% over the most recent 5 years available.
When did Mastercard EBITDA hit its highest annual value?
- Mastercard EBITDA reached its highest annual value of $20.19B in 2025.
What was Mastercard EBITDA in 2024?
- Mastercard (MA) EBITDA in 2024 was $16.80B.
What was Mastercard EBITDA in 2025?
- Mastercard (MA) EBITDA in 2025 was $20.19B.
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