Mastercard Incorporated (MA)

Sector: Financials|Industry: Credit Services|Market Cap: $478.32B|Employees: 33.4K


Mastercard is a global technology company operating in the payments industry, connecting consumers, financial institutions, merchants, and governments through electronic payment solutions. Its primary revenue streams are derived from payment network switching fees and value-added services, such as cybersecurity and data analytics. Mastercard holds a leading market position due to its extensive global network, trusted brand, and advanced technology, serving key markets worldwide.

  1. Filings

Filing Highlights

Financial Performance

Q2 2024 net revenue reached $6.961 billion, representing an 11% year-over-year increase. This growth outpaced expectations and was driven by strong performance across both payment networks and value-added services and solutions.

Operating expenses rose by 12% YoY to $2.925 billion in Q2 2024. While revenue growth was positive, the increase in operating expenses compressed operating margins compared to the same period in 2023.

Diluted earnings per share increased by 17% YoY to $3.50 in Q2 2024. This demonstrates improved profitability despite the rise in operating expenses.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG Initiatives

Market Environment