Mastercard vs Visa MA vs V
Mastercard and Visa on one sheet: valuation multiples, growth, margins, debt, dividends and returns, each section labelled with the period it covers, from the companies' filings. Add or remove a stock above the sheet; the link holds the set.
What differs most
- Debt / equity: Mastercard 4.4×, Visa 0.7×.
- Return on equity: Mastercard 289.7%, Visa 64.2%.
- Market value: Visa $754.59B, Mastercard $537.43B.
- One-year price return: Visa +16.3%, Mastercard +6.9%.
Price return
2025-10-26 → 2026-10-26
MA+6.9%
V+16.3%
Profile
latestSector
Financial Services
Financial Services
Industry
Financial - Credit Services
Financial - Credit Services
Market value
$537.43B
$754.59B
Enterprise value
$550.78B
$766.08B
Employees
39,800
34,100
Revenue per employee (TTM)
$881K
$1.3M
Our models
nightlythe valuation on each stock's pagePrice vs model
16% overvalued vs model
46% overvalued vs model
Model range
$332–1365
$177–696
Models in the headline
1
1
FCF growth priced in, at a 10% return
18.9%
20.0%
Every model, its assumptions and its range: MA valuation · V valuation. The growth priced in, at any return: MA reverse DCF · V reverse DCF.
Trading
close 2026-10-26Last close
$613.50
$404.16
52-week high
$633.21
$414.34
52-week low
$471.55
$295.52
Price vs 52-week high
−3.1%
−2.5%
Price vs 52-week low
+30.1%
+36.8%
Average daily volume / shares
0.3%
0.4%
Beta
0.76
0.77
Returns
to 2026-10-261 month
+8.1%
+10.0%
3 months
+13.7%
+13.6%
6 months
+21.7%
+30.6%
Year to date
+7.5%
+15.2%
1 year
+6.9%
+16.3%
1 year, dividends added
+7.5%
+17.1%
2 years
+20.9%
+43.5%
Valuation
price × TTM to Jun 2026P/E (TTM)
33.7×
34.4×
P/E on consensus EPS (next FY)
30.7×
30.5×
Price / sales
15.3×
17.0×
EV / sales
15.7×
17.2×
EV / EBITDA
24.8×
26.3×
Price / book
95.8×
21.5×
Price / free cash flow (FY)
32.7×
35.0×
Free-cash-flow yield (FY)
3.1%
2.9%
Growth
TTM and FY2025Revenue growth (TTM)
—
—
Revenue growth, consensus next FY
+13.7%
+14.7%
Revenue, 3-year CAGR
13.8%
10.9%
Revenue, 5-year CAGR
16.5%
12.9%
EPS growth (TTM)
—
—
EPS growth, consensus next FY
+20.8%
+29.7%
EPS, 3-year CAGR
17.3%
13.4%
Free cash flow, 3-year CAGR
14.1%
6.5%
Diluted shares, 3-year change
−7.5%
−8.0%
Profitability
TTM to Jun 2026Gross margin (FY)†
100.0%
80.4%
Operating margin
57.7%
60.7%
EBITDA margin
63.3%
65.4%
Net margin
46.3%
50.8%
Free-cash-flow margin (FY)
50.1%
53.9%
Return on equity
289.7%
64.2%
Return on assets
28.2%
23.9%
Asset turnover
0.61
0.47
† Gross margin (FY): As filed. Companies draw the cost-of-revenue line in different places, so gross margins of two companies in one industry can differ for that reason alone; operating margin does not depend on where the line is drawn.
Balance sheet
MRQ Jun 2026Cash
$11.29B
$12.36B
Total debt
$24.64B
$23.86B
Net debt
$13.35B
$11.50B
Debt / equity
4.4×
0.7×
Net debt / EBITDA (TTM)
0.6×
0.4×
Interest coverage (FY)
27.0×
40.7×
Current ratio (FY)
1.03
1.08
Dividends
trailing 12 monthsDividend yield
0.6%
0.7%
Dividends per share
$3.48
$2.68
Payout ratio (of TTM EPS)
19.1%
22.8%
Dividend per share, 5-year CAGR
14.6%
15.9%
Frequency
Quarterly
Quarterly
Ownership and activity
last 90 days · latest 13FTracked superinvestors holding (13F)
22
32
Insider open-market buys (Form 4)
$0
$0
Insider sales (Form 4)
$22.0M
$35.5M
Analyst upgrades
0
0
Analyst downgrades
0
0
Statements
income TTM to Jun 2026 · cash flow FY2025Revenue
$35.08B
$44.49B
EBITDA
$22.22B
$29.10B
Operating income
$20.23B
$27.00B
Net income
$16.26B
$22.59B
EPS (diluted)
$18.18
$11.75
Operating cash flow
$17.65B
$23.06B
Capital expenditure
−$1.22B
−$1.48B
Free cash flow
$16.43B
$21.58B
Dividends paid
$2.76B
$4.63B
Statements, prices, dividends and consensus estimates from Financial Modeling Prep; insider trades from Form 4 and holdings from 13F. Refreshed nightly. A comparison of filed numbers, not a recommendation to buy, sell or hold any security.