Latest period
$16.4B
YoY change
+18.2%
5Y CAGR
+21.0%
Peak year (FY2025)
$16.9B
Latest annual
$16.9B
Free Cash Flow history chart for Mastercard (MA) from 2016 to 2025
Latest: $16.9B
Free Cash Flow growth chart for Mastercard (MA) from 2016 to 2025
Latest: +18.2%
Free Cash Flow history table for Mastercard (MA) from 2001 to 2025
| FY2025 | $16.9B | +18.2% | +$2.61B | ||
| FY2024 | $14.3B | +23.2% | +$2.7B | ||
| FY2023 | $11.6B | +15.0% | +$1.51B | ||
| FY2022 | $10.1B | +16.8% | +$1.45B | ||
| FY2021 | $8.65B | +32.7% | +$2.13B | ||
| FY2020 | $6.52B | -12.6% | -$939M | ||
| FY2019 | $7.46B | +30.4% | +$1.74B | ||
| FY2018 | $5.72B | +11.4% | +$587M | ||
| FY2017 | $5.13B | +25.1% | +$1.03B | ||
| FY2016 | $4.1B | +10.8% | +$401M | ||
| FY2015 | $3.7B | +20.4% | +$628M | ||
| FY2014 | $3.07B | -19.9% | -$763M | ||
| FY2013 | $3.84B | +40.5% | +$1.11B | ||
| FY2012 | $2.73B | +8.9% | +$223M | ||
| FY2011 | $2.51B | +62.2% | +$961M | ||
| FY2010 | $1.55B | +24.8% | +$307M | ||
| FY2009 | $1.24B | +409.9% | +$996M | ||
| FY2008 | $243M | -60.4% | -$370M | ||
| FY2007 | $613M | +10.4% | +$57.7M | ||
| FY2006 | $556M | +191.2% | +$365M | ||
| FY2005 | $191M | -28.2% | -$74.8M | ||
| FY2004 | $266M | +465.5% | +$219M | ||
| FY2003 | $47M | -77.0% | -$157M | ||
| FY2002 | $204M | +129.8% | +$115M | ||
| FY2001 | $88.9M | — | — |
- FY2025$16.9B+18.2%
- FY2024$14.3B+23.2%
- FY2023$11.6B+15.0%
- FY2022$10.1B+16.8%
- FY2021$8.65B+32.7%
- FY2020$6.52B-12.6%
- FY2019$7.46B+30.4%
- FY2018$5.72B+11.4%
- FY2017$5.13B+25.1%
- FY2016$4.1B+10.8%
- FY2015$3.7B+20.4%
- FY2014$3.07B-19.9%
- FY2013$3.84B+40.5%
- FY2012$2.73B+8.9%
- FY2011$2.51B+62.2%
- FY2010$1.55B+24.8%
- FY2009$1.24B+409.9%
- FY2008$243M-60.4%
- FY2007$613M+10.4%
- FY2006$556M+191.2%
- FY2005$191M-28.2%
- FY2004$266M+465.5%
- FY2003$47M-77.0%
- FY2002$204M+129.8%
- FY2001$88.9M—
Free Cash Flow values are taken from Mastercard's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Free Cash Flow at Mastercard (MA)
Free Cash Flow for Mastercard (MA): headline value $16.4B · YoY +18.2%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual free cash flow for Mastercard (MA) came in at $16.9B – grew 18.2% year-over-year.
Mastercard free cash flow compound annual growth for the 2020–2025 (5 years) window is +21.0%, sustaining 5 straight years of year-over-year growth.
The highest annual free cash flow of $16.9B was reported in 2025. The lowest in the available history was $47M in 2003.
Mastercard Free Cash Flow by Year
Mastercard Free Cash Flow 2025: $16.9B
Mastercard posted free cash flow of $16.9B in 2025, grew 18.2% from 2024. This figure represents the highest annual value in the available history.
Mastercard Free Cash Flow 2024: $14.3B
In 2024, Mastercard reported free cash flow of $14.3B, grew 23.2% from 2023.
Mastercard Free Cash Flow 2023: $11.6B
Mastercard free cash flow in 2023 was $11.6B, grew 15.0% from 2022.
Mastercard Free Cash Flow 2022: $10.1B
2022's free cash flow for Mastercard came in at $10.1B, grew 16.8% from 2021.
Mastercard Free Cash Flow 2021: $8.65B
Mastercard free cash flow in 2021 was $8.65B.
See more financial history for Mastercard (MA).
Sector peers by Free Cash Flow
Financial Services peers of Mastercard (MA), ranked by their latest free cash flow
| $101B | |
| $46.1B | |
| $25B | |
| $21.6B | |
| $12.6B | |
| -$19B | |
| -$47.2B | |
| -$74.2B |
- $101B
- $46.1B
- $21.6B
- $12.6B
- -$19B
- -$47.2B
- -$74.2B
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- Buybacks3.89% TTM
- Dividend Profile0.59% yield
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- Stock Split History1 split
How this company returns cash to shareholders — buybacks, dividends, and stock splits.