Mastercard Incorporated (MA) Stock Analysis
Over the past 10 years, Mastercard (MA) earnings per share (EPS) grew 17.3% a year, revenue grew 13.0% a year and free cash flow grew 16.1% a year, with an average return on invested capital (ROIC) of 40.2%. MA stock trades at $617.42, a P/E of 33.9, below its historical average of 36.4. Analysts' average 12-month price target is $672.67 (+8.9%).
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.
Exhibit A Growth Dossier
| Metric | 10yr | 5yr | 1yr | Grade |
|---|---|---|---|---|
| Book Value/Share GrowthBV/S | 5.0% | 6.3% | -26.4% | F |
| EPS GrowthEPS | 17.3% | 20.9% | 22.6% | A+ |
| Revenue GrowthRevenue | 13.0% | 16.5% | 16.0% | A |
| Cash Flow GrowthCash Flow | 16.1% | 20.3% | 0.2% | B+ |
| ROICROIC | 40.2% | 42.9% | 47.4% | A+ |
Exhibit B Valuation Ledger
- Current EPS
- $18.21
- Historical Avg P/E
- 36.4
- Future P/E (used for sticker price)
- Projected EPS (10yr)
- Sticker Price (10yr)
- Price for 15% Annual Return
- Expected Annual Return
No card required. $5/month after the trial if you keep going.
Not investment advice — a structured read of historical fundamentals, not a forecast or recommendation. Always do your own research.
Exhibit C Raw Data (last 10 years)
| Metric | Trend | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / ShareBV/S | $5.30 | $5.14 | $5.10 | $5.15 | $5.77 | $6.35 | $7.37 | $6.49 | $7.32 | $7.00 | $8.62 | $6.35 | |
| Basic EPSEPS | $3.36 | $3.70 | $3.67 | $5.63 | $7.98 | $6.40 | $8.79 | $10.26 | $11.86 | $13.92 | $16.55 | $18.21 | |
| RevenueRevenue | $9,667,000,000 | $10,776,000,000 | $12,497,000,000 | $14,950,000,000 | $16,883,000,000 | $15,301,000,000 | $18,884,000,000 | $22,237,000,000 | $25,098,000,000 | $28,167,000,000 | $32,791,000,000 | $35,083,000,000 | |
| Free Cash FlowCash Flow | $3,701,000,000 | $4,102,000,000 | $5,132,000,000 | $5,719,000,000 | $7,455,000,000 | $6,516,000,000 | $8,649,000,000 | $11,058,000,000 | $11,609,000,000 | $14,306,000,000 | $16,433,000,000 | $16,267,000,000 | |
| ROIC (%)ROIC | 39.1% | 36.1% | 31.7% | 43.0% | 46.5% | 29.8% | 33.6% | 43.4% | 43.6% | 46.5% | 47.4% | — |
The exact underlying data used to compute the growth rates and grades above. The highlighted TTM column is the trailing twelve months through the most recently reported quarter.
Ticker INVESTigator Price Target
Analyst Data
Price Target
Where the stock trades today vs. the range of 12-month price targets from covering analysts.
65 firms rate it — 1 strong buy, 51 buy, 13 hold · Most recent Oct 2026
MA Stock FAQ
What is MA's stock price target?
The average 12-month analyst price target for MA is $672.67, with a range of $597.00 to $740.00. That is +8.9% from the current price of $617.42.
Do analysts rate MA a buy?
Most rate it a buy. Of 65 firms covering Mastercard, the ratings are 52 buy or strong buy, 13 hold and 0 sell or strong sell.
How fast is Mastercard growing?
Annual growth rates for MA. EPS: 17.3% over 10 years, 20.9% over 5 years, 22.6% over 1 year. Revenue: 13.0% over 10 years, 16.5% over 5 years, 16.0% over 1 year. Free cash flow: 16.1% over 10 years, 20.3% over 5 years, 0.2% over 1 year. Book value per share: 5.0% over 10 years, 6.3% over 5 years, -26.4% over 1 year.
What is MA's ROIC?
Mastercard's return on invested capital (ROIC) was 47.4% in fiscal 2025. Its 10-year average ROIC is 40.2%. ROIC above 10% is generally a sign of a business with a durable competitive advantage.
What is MA's P/E ratio?
MA's current P/E ratio is 33.9, compared with a historical average of 36.4. Trailing earnings per share are $18.21.
What is Mastercard's market cap and stock price?
MA last traded at $617.42 as of October 19, 2026. Its 52-week range is $464.52 to $622.49. Mastercard has a market cap of $540.87B.
Exhibit D Related Coverage
Similar Stocks
Data as of October 19, 2026. Findings are derived from historical fundamentals — not a forecast, not advice. Cross-examine before you invest.
Grades are produced by Ticker INVESTigator's own model from public financial data and are for informational and educational purposes only. They are not investment advice or a recommendation to buy or sell any security. Do your own research.