Shares Outstanding for Mastercard (MA)
According to Mastercard's latest reported financial statements, the company's latest reported diluted shares outstanding is 898.00M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
898.00M
YoY change
-3.1%
5Y CAGR
-2.2%
Peak year (2006)
1.36B
Latest annual
898.00M
Shares Outstanding history chart for Mastercard (MA) from 1998 to 2025
Shares Outstanding history table for Mastercard (MA) from 1998 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 898.00M | -3.1% | ||
| 2024 | 927.00M | -2.0% | ||
| 2023 | 946.00M | -2.6% | ||
| 2022 | 971.00M | -2.1% | ||
| 2021 | 992.00M | -1.4% | ||
| 2020 | 1.01B | -1.6% | ||
| 2019 | 1.02B | -2.4% | ||
| 2018 | 1.05B | -2.3% | ||
| 2017 | 1.07B | -2.6% | ||
| 2016 | 1.10B | -3.2% | ||
| 2015 | 1.14B | -2.7% | ||
| 2014 | 1.17B | -3.8% | ||
| 2013 | 1.22B | -3.4% | ||
| 2012 | 1.26B | -2.0% | ||
| 2011 | 1.28B | -2.0% | ||
| 2010 | 1.31B | +0.8% | ||
| 2009 | 1.30B | -0.1% | ||
| 2008 | 1.30B | -4.1% | ||
| 2007 | 1.36B | -0.1% | ||
| 2006 | 1.36B | +0.6% | ||
| 2005 | 1.35B | +34.9% | ||
| 2004 | 1.00B | +0.0% | ||
| 2003 | 1.00B | +16.0% | ||
| 2002 | 862.04M | +20.2% | ||
| 2001 | 717.10M | +0.1% | ||
| 2000 | 716.05M | — | ||
| 1998 | 711.26M | — |
Shares Outstanding 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) diluted shares outstanding totalled 898.00M – edged down 3.1% year-over-year.
Mastercard diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is -2.2%, with a net decline across the window.
Mastercard diluted shares outstanding peaked at 1.36B in 2006; the latest annual figure is 898.00M in 2025 (33.9% below peak).
1.36B stands as the all-time-high annual diluted shares outstanding, posted in 2006, against a low of 711.26M during 1998.
Mastercard (MA) sits 8th of 8 Financial Services peers we track on this metric, against a peer median of 2.06B.
Mastercard Shares Outstanding by Year
Mastercard Shares Outstanding 2025: 898.00M
Mastercard diluted shares outstanding in 2025 was 898.00M, edged down 3.1% below 2024.
Mastercard Shares Outstanding 2024: 927.00M
Mastercard diluted shares outstanding in 2024 was 927.00M, edged down 2.0% below 2023.
Mastercard Shares Outstanding 2023: 946.00M
Mastercard diluted shares outstanding in 2023 was 946.00M, edged down 2.6% below 2022.
Mastercard Shares Outstanding 2022: 971.00M
Mastercard diluted shares outstanding in 2022 was 971.00M, edged down 2.1% below 2021.
Mastercard Shares Outstanding 2021: 992.00M
Mastercard diluted shares outstanding in 2021 was 992.00M.
See more financial history for Mastercard (MA).
Sector peers — Shares Outstanding
Companies in the same sector as Mastercard, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Bank of America Corporation (BAC) | 7.55B | Financial Services |
| Wells Fargo & Company (WFC) | 3.22B | Financial Services |
| JPMorgan Chase & Co. (JPM) | 2.79B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | 2.16B | Financial Services |
| Visa Inc. (V) | 1.97B | Financial Services |
| Citigroup Inc. (C) | 1.86B | Financial Services |
| Morgan Stanley (MS) | 1.59B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | 317.60M | Financial Services |
Frequently asked questions
What is Mastercard's diluted shares outstanding?
- Latest reported diluted shares outstanding for Mastercard (MA) is 898.00M (period ending December 31, 2025).
How has Mastercard diluted shares outstanding changed year-over-year?
- Mastercard (MA) diluted shares outstanding changed -3.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Mastercard diluted shares outstanding?
- Mastercard (MA) diluted shares outstanding compound annual growth rate is -2.2% over the most recent 5 years available.
When did Mastercard diluted shares outstanding hit its highest annual value?
- Mastercard diluted shares outstanding reached its highest annual value of 1.36B in 2006.
What was Mastercard diluted shares outstanding in 2024?
- Mastercard (MA) diluted shares outstanding in 2024 was 927.00M.
What was Mastercard diluted shares outstanding in 2025?
- Mastercard (MA) diluted shares outstanding in 2025 was 898.00M.
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