Mastercard Incorporated's Income Statement Analysis: Revenue to Profit Breakdown
Mastercard Incorporated's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$18.88 B | $22.24 B | $25.10 B | $28.17 B | $32.79 B | $33.94 B |
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Cost of Revenue Direct cost of goods/services. |
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$4.49 B | $5.26 B | $6.02 B | $6.67 B | - | $5.78 B |
Gross Profit Revenue minus cost of revenue. |
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$14.40 B | $16.97 B | $19.08 B | $21.49 B | - | $28.16 B |
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Operating Expense
Costs to run business. |
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$4.31 B | $4.71 B | $5.07 B | $5.91 B | $13.89 B | $8.00 B |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$3.44 B | $3.50 B | $3.65 B | $4.27 B | $12.25 B | $7.61 B |
General and Administrative Corporate overhead costs. |
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$2.55 B | $2.71 B | $2.82 B | $3.46 B | $11.32 B | $6.68 B |
Sales and Marketing Customer acquisition costs. |
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$895.00 M | $789.00 M | $825.00 M | $815.00 M | $929.00 M | $930.00 M |
Other Expenses Other operating costs. |
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$871.00 M | $1.21 B | $1.42 B | $1.64 B | $1.65 B | $385.00 M |
Operating Income Profit from operations. |
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$10.08 B | $12.26 B | $14.01 B | $15.58 B | $19.40 B | $20.16 B |
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Net Interest Income
Interest income minus expense. |
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-$431.00 M | -$471.00 M | -$575.00 M | -$646.00 M | -$397.00 M | -$644.00 M |
Interest Income Income from investments. |
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- | - | - | - | $325.00 M | $81.00 M |
Interest Expense Cost of borrowing. |
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$431.00 M | $471.00 M | $575.00 M | $646.00 M | $722.00 M | $725.00 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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-$656.00 M | $61.00 M | -$206.00 M | -$318.00 M | $101.00 M | $420.00 M |
Total Other Income (Net) Net non-operating items. |
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$225.00 M | -$532.00 M | -$369.00 M | -$328.00 M | -$823.00 M | -$800.00 M |
Income Before Tax Profit before taxes. |
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$10.31 B | $11.73 B | $13.64 B | $15.25 B | $18.58 B | $19.36 B |
Income Tax Expense Taxes on income. |
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$1.62 B | $1.80 B | $2.44 B | $2.38 B | $3.61 B | $3.79 B |
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Net Income
Final profit. |
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$8.69 B | $9.93 B | $11.20 B | $12.87 B | $14.97 B | $15.57 B |
Net Income From Continuing Operations Profit from core business. |
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$8.69 B | $9.93 B | $11.20 B | $12.87 B | $14.97 B | $15.57 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$8.79 | $10.26 | $11.86 | $13.92 | $16.54 | $17.30 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$8.76 | $10.23 | $11.83 | $13.89 | $16.52 | $17.28 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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988.00 M | 968.00 M | 944.00 M | 925.00 M | 905.00 M | 891.00 M |
Diluted Average Shares Outst. Shares including dilution. |
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992.00 M | 971.00 M | 946.00 M | 927.00 M | 906.00 M | 893.00 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$10.74 B | $12.20 B | $14.21 B | $15.90 B | $19.30 B | $19.75 B |
EBITDA Earnings before interest, tax, D&A. |
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$11.46 B | $12.95 B | $15.01 B | $16.80 B | $20.44 B | $21.23 B |
Depreciation and Amortization Non-cash expense for assets. |
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$726.00 M | $750.00 M | $799.00 M | $897.00 M | $1.14 B | $1.49 B |
| Company Report |
Mastercard Incorporated's Assets vs Liabilities & Equity
Mastercard Incorporated's Assets vs Liabilities & Equity
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