Mastercard Balance Sheet
NYSE: MAConsumer DiscretionaryBusiness ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Mastercard financial position
At the end of fiscal 2025, Mastercard reported total assets of $54.16 billion, up 12.6% from a year earlier against total liabilities of $46.41 billion. Shareholders' equity stood at $7.74 billion, or 14.3% of assets. The company held $10.57 billion in cash and equivalents against $19.00 billion of debt, a net debt position of $8.43 billion.
The current ratio (current assets divided by current liabilities) was 1.03, meaning short-term assets cover obligations due within a year. Debt-to-equity was 2.46.
Summary generated from market data by MetaCap's automated system. Methodology
Mastercard balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 10.57B | 8.44B | 8.59B | 7.01B | 7.42B | 10.11B | 6.99B | 6.68B | 5.93B | 6.72B |
| Receivables | 4.61B | 3.77B | 4.06B | 3.42B | 3.01B | 2.65B | 2.51B | 2.28B | 1.97B | 1.42B |
| Total Current Assets | 23.56B | 19.72B | 18.96B | 16.61B | 16.95B | 19.11B | 16.90B | 16.17B | 13.80B | 13.23B |
| Property, Plant & Equipment | 2.30B | 2.14B | 2.06B | 2.01B | 1.91B | 1.90B | 1.83B | 921.00M | 829.00M | 733.00M |
| Goodwill | 9.56B | 9.19B | 7.66B | 7.52B | 7.66B | 4.96B | 4.02B | 2.90B | 3.04B | 1.76B |
| Intangible Assets | 5.55B | 5.45B | 4.09B | 3.86B | 3.67B | 1.75B | 1.42B | 991.00M | 1.12B | 722.00M |
| Total Assets | 54.16B | 48.08B | 42.45B | 38.72B | 37.67B | 33.58B | 29.24B | 24.86B | 21.33B | 18.68B |
| Accounts Payable | 999.00M | 929.00M | 834.00M | 926.00M | 738.00M | 527.00M | 489.00M | 537.00M | 933.00M | 609.00M |
| Short-Term Debt | 749.00M | 750.00M | 1.34B | 274.00M | 792.00M | 649.00M | 0 | 500.00M | 0 | — |
| Total Current Liabilities | 22.76B | 19.22B | 16.26B | 14.17B | 13.16B | 11.85B | 11.90B | 11.59B | 8.79B | 7.21B |
| Long-Term Debt | 18.25B | 17.48B | 14.34B | 13.75B | 13.11B | 12.02B | 8.53B | 5.83B | 5.42B | 5.18B |
| Total Liabilities | 46.41B | 41.57B | 35.45B | 32.35B | 30.26B | 27.07B | 23.25B | 19.37B | 15.76B | 12.99B |
| Shareholders' Equity | 7.74B | 6.49B | 6.93B | 6.30B | 7.31B | 6.39B | 5.89B | 5.39B | 5.47B | 5.66B |
| Retained Earnings | 85.03B | 72.91B | 62.56B | 53.61B | 45.65B | 38.75B | 33.98B | 27.28B | 22.36B | 19.42B |
| Total Debt | 19.00B | 18.23B | 15.68B | 14.02B | 13.90B | 12.67B | 8.53B | 6.33B | 5.42B | 5.18B |
| Net Cash (Debt) | -8.43B | -9.78B | -7.09B | -7.01B | -6.48B | -2.56B | -1.54B | 348.00M | 509.00M | 1.54B |
This table shows 10 annual periods of Mastercard's balance sheet, from FY 2025 back to FY 2016, across 17 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow MA's reporting calendar. What is a balance sheet?