Mastercard Incorporated (MA) Financial Statements (2024 and earlier)

Company Profile

Business Address 2000 PURCHASE STREET
PURCHASE, NY 10577
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7,0087,42110,1136,9886,6825,933
Cash and cash equivalents7,0087,42110,1136,9886,6825,933
Restricted cash and investments 589586586584553546
Receivables3,4253,0062,6462,5142,2761,969
Prepaid expense3492781055177
Deposits current assets1,5681,8731,6961,3701,0801,085
Other current assets920853719786603499
Other undisclosed current assets3,0623,1183,2754,5554,9263,688
Total current assets:16,60616,94919,11316,90216,17113,797
Noncurrent Assets
Property, plant and equipment   1,828921829
Intangible assets, net (including goodwill)11,38111,3336,7135,4383,8954,155
Goodwill7,5227,6624,9604,0212,9043,035
Intangible assets, net (excluding goodwill)3,8593,6711,7531,4179911,120
Deferred costs     5455
Deferred income tax assets1,151486491 
Other noncurrent assets7,5806,9945,3654,5253,3032,298
Other undisclosed noncurrent assets 2,0061,9071,902543516195
Total noncurrent assets:22,11820,72014,47112,3348,6897,532
TOTAL ASSETS:38,72437,66933,58429,23624,86021,329
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities8,7277,3805,9575,9785,2844,864
Accounts payable926738527489537933
Accrued liabilities7,8016,6425,4305,4894,7473,931
Deferred revenue1,5681,8731,696 
Debt274792649106500 
Estimated litigation liability1,0948408429141,591709
Customer advances and deposits1,085
Other liabilities1,3971,3641,228928949792
Other undisclosed current liabilities1,1119131,4753,9783,2691,343
Total current liabilities:14,17113,16211,84711,90411,5938,793
Noncurrent Liabilities
Long-term debt and lease obligation13,74913,10912,0238,5275,8345,424
Long-term debt, excluding current maturities13,74913,10912,0238,5275,8345,424
Liabilities, other than long-term debt4,4273,9863,1972,7291,9441,544
Deferred tax liabilities, net67106
Deferred income tax liabilities39339586 
Other liabilities4,0343,5913,1112,7291,8771,438
Other undisclosed noncurrent liabilities    85  
Total noncurrent liabilities:18,17617,09515,22011,3417,7786,968
Total liabilities:32,34730,25727,06723,24519,37115,761
Equity
Equity, attributable to parent6,2987,3126,3915,8935,3955,468
Treasury stock, value(51,354)(42,588)(36,658)(32,205)(25,750)(20,764)
Additional paid in capital5,2985,0614,9824,7874,5804,365
Accumulated other comprehensive loss(1,253)(809)(680)(673)(718)(497)
Retained earnings53,60745,64838,74733,98427,28322,364
Equity, attributable to noncontrolling interest587197242329
Total equity:6,3567,3836,4885,9175,4185,497
Other undisclosed liabilities and equity212929747171
TOTAL LIABILITIES AND EQUITY:38,72437,66933,58429,23624,86021,329

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues22,23718,88415,30116,88314,95012,497
Revenue, net12,497
Gross profit:22,23718,88415,30116,88314,95012,497
Operating expenses(9,973)(8,802)(7,220)(7,219)(7,668)(5,875)
Operating income:12,26410,0828,0819,6647,2826,622
Nonoperating income (expense)(532)225(321)67(78)(100)
Investment income, nonoperating6111249712256
Other nonoperating income (expense)23 527(14)(2)
Interest and debt expense(471)(431)(380)(224)(186)(154)
Other undisclosed income from continuing operations before equity method investments, income taxes471431380224186154
Income from continuing operations before equity method investments, income taxes:11,73210,3077,7609,7317,2046,522
Income from equity method investments  64530   
Income from continuing operations before income taxes:11,73210,9527,7909,7317,2046,522
Income tax expense(1,802)(1,620)(1,349)(1,613)(1,345)(2,607)
Income from continuing operations:9,9309,3326,4418,1185,8593,915
Income before gain (loss) on sale of properties:9,3326,4418,1185,8593,915
Other undisclosed net loss  (645)(30)   
Net income:9,9308,6876,4118,1185,8593,915
Net income (loss) attributable to noncontrolling interest(13)(9)731(6)1
Net income available to common stockholders, diluted:9,9178,6786,4848,1195,8533,916

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:9,9308,6876,4118,1185,8593,915
Other comprehensive income (loss)(444)(129)(7)45(221)427
Comprehensive income:9,4868,5586,4048,1635,6384,342
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(13)(9)731(6)1
Comprehensive income, net of tax, attributable to parent:9,4738,5496,4778,1645,6324,343

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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