Mastercard Current Ratio Growth & History (MA)
Mastercard's current ratio was 1.03 for fiscal 2025.
View full Mastercard company overviewMastercard annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.03 | 0.01 | +0.85% |
| 2024 | 2024-12-31 | 1.03 | −0.14 | −11.97% |
| 2023 | 2023-12-31 | 1.17 | −0.01 | −0.51% |
| 2022 | 2022-12-31 | 1.17 | −0.12 | −9.00% |
| 2021 | 2021-12-31 | 1.29 | −0.33 | −20.18% |
| 2020 | 2020-12-31 | 1.61 | 0.19 | +13.63% |
| 2019 | 2019-12-31 | 1.42 | 0.02 | +1.79% |
| 2018 | 2018-12-31 | 1.39 | −0.17 | −11.10% |
| 2017 | 2017-12-31 | 1.57 | −0.27 | −14.52% |
| 2016 | 2016-12-31 | 1.84 | 0.08 | +4.77% |
| 2015 | 2015-12-31 | 1.75 | −0.02 | −0.87% |
| 2014 | 2014-12-31 | 1.77 | −0.05 | −2.64% |
| 2013 | 2013-12-31 | 1.82 | −0.09 | −4.82% |
| 2012 | 2012-12-31 | 1.91 | 0.07 | +3.90% |
| 2011 | 2011-12-31 | 1.84 | −0.22 | −10.61% |
| 2010 | 2010-12-31 | 2.05 | 0.47 | +29.99% |
| 2009 | 2009-12-31 | 1.58 | 0.14 | +9.57% |
| 2008 | 2008-12-31 | 1.44 | — | — |
Mastercard quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.06 | −0.10 | −8.83% |
| Q1 2026 | 2026-03-31 | 0.98 | −0.13 | −11.69% |
| Q4 2025 | 2025-12-31 | 1.03 | 0.01 | +0.85% |
| Q3 2025 | 2025-09-30 | 1.12 | −0.17 | −12.97% |
| Q2 2025 | 2025-06-30 | 1.16 | 0.02 | +2.04% |
| Q1 2025 | 2025-03-31 | 1.11 | 0.02 | +1.93% |
| Q4 2024 | 2024-12-31 | 1.03 | −0.14 | −11.97% |
| Q3 2024 | 2024-09-30 | 1.29 | 0.12 | +10.24% |
| Q2 2024 | 2024-06-30 | 1.14 | 0.01 | +0.95% |
| Q1 2024 | 2024-03-31 | 1.09 | −0.11 | −9.39% |
| Q4 2023 | 2023-12-31 | 1.17 | −0.01 | −0.51% |
| Q3 2023 | 2023-09-30 | 1.17 | −0.08 | −6.30% |
| Q2 2023 | 2023-06-30 | 1.13 | −0.13 | −10.27% |
| Q1 2023 | 2023-03-31 | 1.20 | −0.13 | −10.06% |
| Q4 2022 | 2022-12-31 | 1.17 | −0.12 | −9.00% |
| Q3 2022 | 2022-09-30 | 1.25 | −0.08 | −6.17% |
| Q2 2022 | 2022-06-30 | 1.26 | −0.08 | −5.70% |
| Q1 2022 | 2022-03-31 | 1.34 | −0.09 | −6.45% |
| Q4 2021 | 2021-12-31 | 1.29 | −0.33 | −20.18% |
| Q3 2021 | 2021-09-30 | 1.33 | −0.52 | −28.26% |
| Q2 2021 | 2021-06-30 | 1.33 | −0.62 | −31.66% |
| Q1 2021 | 2021-03-31 | 1.43 | −0.44 | −23.39% |
| Q4 2020 | 2020-12-31 | 1.61 | 0.19 | +13.63% |
| Q3 2020 | 2020-09-30 | 1.85 | 0.47 | +33.84% |
| Q2 2020 | 2020-06-30 | 1.95 | 0.46 | +30.95% |
| Q1 2020 | 2020-03-31 | 1.87 | 0.46 | +32.81% |
| Q4 2019 | 2019-12-31 | 1.42 | 0.02 | +1.79% |
| Q3 2019 | 2019-09-30 | 1.39 | −0.17 | −10.69% |
| Q2 2019 | 2019-06-30 | 1.49 | −0.02 | −1.42% |
| Q1 2019 | 2019-03-31 | 1.41 | −0.24 | −14.52% |
| Q4 2018 | 2018-12-31 | 1.39 | −0.17 | −11.10% |
| Q3 2018 | 2018-09-30 | 1.55 | −0.11 | −6.37% |
| Q2 2018 | 2018-06-30 | 1.51 | −0.14 | −8.53% |
| Q1 2018 | 2018-03-31 | 1.64 | −0.17 | −9.50% |
| Q4 2017 | 2017-12-31 | 1.57 | −0.27 | −14.52% |
| Q3 2017 | 2017-09-30 | 1.66 | 0.00 | +0.21% |
| Q2 2017 | 2017-06-30 | 1.65 | −0.05 | −2.82% |
| Q1 2017 | 2017-03-31 | 1.82 | 0.17 | +10.27% |
| Q4 2016 | 2016-12-31 | 1.84 | 0.08 | +4.77% |
| Q3 2016 | 2016-09-30 | 1.65 | 0.03 | +2.11% |
| Q2 2016 | 2016-06-30 | 1.70 | 0.12 | +7.88% |
| Q1 2016 | 2016-03-31 | 1.65 | −0.10 | −5.51% |
| Q4 2015 | 2015-12-31 | 1.75 | −0.02 | −0.87% |
| Q3 2015 | 2015-09-30 | 1.62 | −0.25 | −13.54% |
| Q2 2015 | 2015-06-30 | 1.58 | −0.25 | −13.64% |
| Q1 2015 | 2015-03-31 | 1.74 | −0.15 | −7.89% |
| Q4 2014 | 2014-12-31 | 1.77 | −0.05 | −2.64% |
| Q3 2014 | 2014-09-30 | 1.87 | −0.08 | −3.85% |
| Q2 2014 | 2014-06-30 | 1.83 | −0.24 | −11.80% |
| Q1 2014 | 2014-03-31 | 1.89 | −0.10 | −4.90% |
| Q4 2013 | 2013-12-31 | 1.82 | −0.09 | −4.82% |
| Q3 2013 | 2013-09-30 | 1.95 | −0.05 | −2.33% |
| Q2 2013 | 2013-06-30 | 2.07 | 0.15 | +7.70% |
| Q1 2013 | 2013-03-31 | 1.99 | 0.01 | +0.36% |
| Q4 2012 | 2012-12-31 | 1.91 | 0.07 | +3.90% |
| Q3 2012 | 2012-09-30 | 1.99 | −0.18 | −8.28% |
| Q2 2012 | 2012-06-30 | 1.92 | −0.10 | −5.17% |
| Q1 2012 | 2012-03-31 | 1.98 | −0.19 | −8.88% |
| Q4 2011 | 2011-12-31 | 1.84 | −0.22 | −10.61% |
| Q3 2011 | 2011-09-30 | 2.17 | −0.03 | −1.18% |
| Q2 2011 | 2011-06-30 | 2.03 | 0.06 | +3.10% |
| Q1 2011 | 2011-03-31 | 2.18 | 0.37 | +20.26% |
| Q4 2010 | 2010-12-31 | 2.05 | 0.47 | +29.99% |
| Q3 2010 | 2010-09-30 | 2.20 | 0.50 | +29.26% |
| Q2 2010 | 2010-06-30 | 1.97 | 0.39 | +25.04% |
| Q1 2010 | 2010-03-31 | 1.81 | — | — |
| Q4 2009 | 2009-12-31 | 1.58 | 0.14 | +9.57% |
| Q3 2009 | 2009-09-30 | 1.70 | — | — |
| Q2 2009 | 2009-06-30 | 1.57 | — | — |
| Q4 2008 | 2008-12-31 | 1.44 | — | — |
Mastercard current ratio trends
Over the last five fiscal years, Mastercard's current ratio decreased from 1.61 to 1.03, a change of −0.58. The latest reported quarter, Q2 2026, shows 1.06.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mastercard source filings ↗Community posts
Mastercard’s payment volumes and services growth lift quarterly profit
Mastercard ($MA) generated third-quarter 2026 net revenue of $9.8 billion, up 14% both as reported and at constant exchange rates. Net income reached $4.6 billion, with diluted earnings of $5.28 per share, up 22%. Adjusted EPS increased 21% ...