Stock Analysis on Net

Mastercard Inc. (NYSE:MA)

This company has been moved to the archive! The financial data has not been updated since April 27, 2023.

Income Statement 

Mastercard Inc., consolidated income statement

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Net revenue 22,237 18,884 15,301 16,883 14,950
General and administrative (8,078) (7,087) (5,910) (5,763) (5,174)
Advertising and marketing (789) (895) (657) (934) (907)
Depreciation and amortization (750) (726) (580) (522) (459)
Provision for litigation (356) (94) (73) (1,128)
Operating expenses (9,973) (8,802) (7,220) (7,219) (7,668)
Operating income 12,264 10,082 8,081 9,664 7,282
Investment income 61 11 24 97 122
Gains (losses) on equity investments, net (145) 645 30 167
Interest expense (471) (431) (380) (224) (186)
Other income (expense), net 23 5 27 (14)
Other income (expense) (532) 225 (321) 67 (78)
Income before income taxes 11,732 10,307 7,760 9,731 7,204
Income tax expense (1,802) (1,620) (1,349) (1,613) (1,345)
Net income 9,930 8,687 6,411 8,118 5,859

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Income statement item Description The company
Net revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Mastercard Inc. net revenue increased from 2020 to 2021 and from 2021 to 2022.
Operating income The net result for the period of deducting operating expenses from operating revenues. Mastercard Inc. operating income increased from 2020 to 2021 and from 2021 to 2022.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Mastercard Inc. income before income taxes increased from 2020 to 2021 and from 2021 to 2022.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Mastercard Inc. net income increased from 2020 to 2021 and from 2021 to 2022.