Paying user area
Try for free
Mastercard Inc. pages available for free this week:
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Mastercard Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
ROE | = | 100 | × | Net income (loss)1 | ÷ | Total Mastercard Incorporated stockholders’ equity1 | |
---|---|---|---|---|---|---|---|
Dec 31, 2022 | = | 100 | × | ÷ | |||
Dec 31, 2021 | = | 100 | × | ÷ | |||
Dec 31, 2020 | = | 100 | × | ÷ | |||
Dec 31, 2019 | = | 100 | × | ÷ | |||
Dec 31, 2018 | = | 100 | × | ÷ | |||
Dec 31, 2017 | = | 100 | × | ÷ | |||
Dec 31, 2016 | = | 100 | × | ÷ | |||
Dec 31, 2015 | = | 100 | × | ÷ | |||
Dec 31, 2014 | = | 100 | × | ÷ | |||
Dec 31, 2013 | = | 100 | × | ÷ | |||
Dec 31, 2012 | = | 100 | × | ÷ | |||
Dec 31, 2011 | = | 100 | × | ÷ | |||
Dec 31, 2010 | = | 100 | × | ÷ | |||
Dec 31, 2009 | = | 100 | × | ÷ | |||
Dec 31, 2008 | = | 100 | × | ÷ | |||
Dec 31, 2007 | = | 100 | × | ÷ | |||
Dec 31, 2006 | = | 100 | × | ÷ |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31).
1 US$ in millions
- Net Income (Loss)
- Over the examined period, net income demonstrated notable volatility initially, with a significant loss recorded in 2008 followed by a strong recovery. From 2006 to 2008, net income shifted from a modest positive value to a considerable loss, indicating a challenging financial environment or operational difficulties during that year. Post-2008, there was a consistent and substantial upward trajectory in net income through 2019, reflecting improved profitability and operational efficiency. Despite a decline in 2020 compared to the prior year, earnings rebounded in 2021 and 2022, reaching record highs. This pattern suggests resilience and strong growth momentum in recent years.
- Total Stockholders’ Equity
- Stockholders’ equity exhibited fluctuations throughout the period. After an initial increase between 2006 and 2007, equity decreased in 2008, aligning with the net income loss during that year. Following 2008, equity generally increased until 2013, peaking around this time, but then declined steadily through 2016. From 2017 onwards, equity stabilized with minor variations before rising again in 2021. The overall trend suggests that the company managed to rebuild its equity base after the downturn, but periodically faced pressure potentially due to capital management decisions or distributions.
- Return on Equity (ROE)
- ROE showed considerable variability in the early years, with negative returns in 2008 paralleling the net loss. From 2009 onwards, ROE increased markedly, indicating enhanced profitability relative to equity. The upward trend was particularly strong between 2010 and 2019, with ROE reaching a peak of over 137% in 2019. Despite a decrease in absolute net income in 2020, ROE remained high, suggesting a reduction in equity or efficiency gains. The subsequent years continued to show very high ROE values, exceeding 100% in both 2021 and 2022. Such levels imply highly effective use of equity capital, although they may also reflect a relatively lower equity base during this period.
- Summary of Trends
- The financial data indicates a company that experienced significant challenges around 2008 but recovered strongly thereafter, as shown by rising net income and ROE. Equity levels fluctuated but did not show a consistent growth pattern, which in combination with high ROE figures implies efficient capital utilization or potentially aggressive capital management. The strong and sustained increase in profitability metrics in recent years reflects robust operational performance and financial health.
Comparison to Competitors
Mastercard Inc. | Accenture PLC | Adobe Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Fair Isaac Corp. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec 31, 2022 | ||||||||||||||||
Dec 31, 2021 | ||||||||||||||||
Dec 31, 2020 | ||||||||||||||||
Dec 31, 2019 | ||||||||||||||||
Dec 31, 2018 | ||||||||||||||||
Dec 31, 2017 | ||||||||||||||||
Dec 31, 2016 | ||||||||||||||||
Dec 31, 2015 | ||||||||||||||||
Dec 31, 2014 | ||||||||||||||||
Dec 31, 2013 | ||||||||||||||||
Dec 31, 2012 | ||||||||||||||||
Dec 31, 2011 | ||||||||||||||||
Dec 31, 2010 | ||||||||||||||||
Dec 31, 2009 | ||||||||||||||||
Dec 31, 2008 | ||||||||||||||||
Dec 31, 2007 | ||||||||||||||||
Dec 31, 2006 |
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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31).
Comparison to Sector (Software & Services)
Mastercard Inc. | Software & Services | |
---|---|---|
Dec 31, 2022 | ||
Dec 31, 2021 | ||
Dec 31, 2020 | ||
Dec 31, 2019 | ||
Dec 31, 2018 | ||
Dec 31, 2017 | ||
Dec 31, 2016 | ||
Dec 31, 2015 | ||
Dec 31, 2014 | ||
Dec 31, 2013 | ||
Dec 31, 2012 | ||
Dec 31, 2011 | ||
Dec 31, 2010 | ||
Dec 31, 2009 | ||
Dec 31, 2008 | ||
Dec 31, 2007 | ||
Dec 31, 2006 |
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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31).
Comparison to Industry (Information Technology)
Mastercard Inc. | Information Technology | |
---|---|---|
Dec 31, 2022 | ||
Dec 31, 2021 | ||
Dec 31, 2020 | ||
Dec 31, 2019 | ||
Dec 31, 2018 | ||
Dec 31, 2017 | ||
Dec 31, 2016 | ||
Dec 31, 2015 | ||
Dec 31, 2014 | ||
Dec 31, 2013 | ||
Dec 31, 2012 | ||
Dec 31, 2011 | ||
Dec 31, 2010 | ||
Dec 31, 2009 | ||
Dec 31, 2008 | ||
Dec 31, 2007 | ||
Dec 31, 2006 |
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), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31).