Mastercard (MA)

Company Profile

Mastercard is a global technology company in the payments industry. Its mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, its innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. The Company's decency quotient , or DQ, drives its culture and everything it do inside and outside itself. With connections across more than 210 countries and territories, Mastercard is building a sustainable world that unlocks priceless possibilities for all.

Company profile

Ticker

Exchange

NYSE

Website

www.mastercard.com

CEO

David Carlucci

Incorporated

Delaware

Location

New York

Fiscal year end

Dec 31

Sector

Information > Data Processing, Hosting, and Related Services

Industry (SIC)

Services - Business Services, NEC

Alibaba Group Holding • EBay • Visa • DiDi Global • Uber • PayPal • Accenture • Nielsen • Bread Financial • Western Union ...

SEC CIK

0001141391

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Global Mastercard Holdings LP • Mastercard A&M Investment Holdings, LLC • Mastercard Asia/Pacific Pte. Ltd. • Mastercard/Europay U.K. Limited • Mastercard Europe SA • Mastercard AP Financing Pte. Ltd. • Mastercard Financing Solutions LLC • Mastercard Holdings LP • Mastercard International Incorporated • Mastercard Payment Gateway Services Group Limited ...

IRS number

134172551

MA stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$431.00

Low target

$405.00

High target

$452.00

Latest filings (excl ownership)

View all

Prospectus for primary offering

8 Mar 23

FWP

Free writing prospectus

6 Mar 23

424B2

Prospectus for primary offering

6 Mar 23

8-K

Departure of Directors or Certain Officers

3 Mar 23

8-K

Regulation FD Disclosure

14 Feb 23

IRAN

Disclosure regarding Iran Threat Reduction and Syria Human Rights Act

Correspondence with SEC

9 Feb 23

Transcripts

View all

Earnings call transcript

2022 Q4

26 Jan 23

Earnings call transcript

2022 Q3

27 Oct 22

Earnings call transcript

2022 Q2

28 Jul 22

Earnings call transcript

2022 Q1

28 Apr 22

Earnings call transcript

2021 Q4

27 Jan 22

Earnings call transcript

2021 Q3

28 Oct 21

Earnings call transcript

2021 Q2

29 Jul 21

Earnings call transcript

2021 Q1

30 Apr 21

Earnings call transcript

2020 Q4

29 Jan 21

Earnings call transcript

2020 Q3

28 Oct 20

Latest ownership filings

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Linda Pistecchia Kirkpatrick

3 Mar 23

Edward Grunde McLaughlin

Financial summary

Financial statements Chart MA financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	9.20 bn	9.20 bn	9.20 bn	9.20 bn	9.20 bn	9.20 bn
Cash burn (monthly)	193.33 mm	58.83 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	563.94 mm	171.61 mm	n/a	n/a	n/a	n/a
Cash remaining	8.63 bn	9.02 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	44.6	153.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Mastercard earnings reports.

Institutional ownership, Q4 2022

MA institutional ownership history Ownership history

87.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2556	2433	+5.1%
Opened positions	285	123	+131.7%
Closed positions	162	170	-4.7%
Increased positions	887	892	-0.6%
Reduced positions	1060	1055	+0.5%

13F shares	Current	Prev Q	Change
Total value	251.43 tn	193.52 bn	+129824.5%
Total shares	825.06 mm	785.75 mm	+5.0%
Total puts	7.86 mm	6.28 mm	+25.1%
Total calls	8.42 mm	8.40 mm	+0.2%
Total put/call ratio	0.9	0.7	+24.8%

Largest owners	Shares	Value	Change
Mastercard Foundation	101.86 mm	$0.00	-3.4%
Vanguard	78.25 mm	$27.21 tn	+1.3%
BLK Blackrock	64.60 mm	$22.46 tn	+1.0%
STT State Street	33.46 mm	$11.63 tn	NEW
T. Rowe Price	27.03 mm	$9.43 tn	+9.1%
FMR	24.08 mm	$8.37 tn	+0.9%
Capital International Investors	17.48 mm	$6.08 tn	+3.9%
JPM JPMorgan Chase & Co.	17.17 mm	$5.99 tn	+3.0%
Geode Capital Management	16.31 mm	$5.69 tn	+1.3%
MS Morgan Stanley	15.84 mm	$5.51 tn	+17.7%

Largest transactions	Shares	Bought/sold	Change
STT State Street	33.46 mm	+33.46 mm	NEW
Norges Bank	9.51 mm	+9.51 mm	NEW
Mastercard Foundation	101.86 mm	-3.54 mm	-3.4%
MS Morgan Stanley	15.84 mm	+2.39 mm	+17.7%
T. Rowe Price	27.03 mm	+2.25 mm	+9.1%
Magellan Asset Management	1.64 mm	-1.21 mm	-42.4%
Atlanta Capital Management Co L L C	0.00	-1.07 mm	EXIT
Healthcare Of Ontario Pension Plan Trust Fund	1.74 mm	+1.04 mm	+148.7%
Capital Research Global Investors	13.81 mm	+1.02 mm	+8.0%
Vanguard	78.25 mm	+988.50 k	+1.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

MA insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Mar 23	Ajay Bhalla	Class A Common Stock	Payment of exercise	Dispose F	No	No	352.35	298	105.00 k	6,235.249
1 Mar 23	Ajay Bhalla	Class A Common Stock	Grant	Acquire A	No	No	0	695	0.00	6,533.249
1 Mar 23	Ajay Bhalla	Class A Common Stock	Grant	Acquire A	No	No	0	2,433	0.00	5,838.249
1 Mar 23	Ajay Bhalla	Employee Stock Option Class A Common Stock	Grant	Acquire A	No	No	353.5	6,899	2.44 mm	6,899
1 Mar 23	Michael Miebach	Class A Common Stock	Grant	Acquire A	No	No	0	3,275	0.00	47,639.948
1 Mar 23	Michael Miebach	Class A Common Stock	Grant	Acquire A	No	No	0	11,306	0.00	44,364.948
1 Mar 23	Michael Miebach	Class A Common Stock	Payment of exercise	Dispose F	No	No	352.35	2,485	875.59 k	33,058.948
1 Mar 23	Michael Miebach	Class A Common Stock Class A Common Stock	Grant	Acquire A	No	No	353.5	32,057	11.33 mm	32,057
1 Mar 23	Timothy H Murphy	Class A Common Stock	Grant	Acquire A	No	No	0	2,593	0.00	40,280.063
1 Mar 23	Timothy H Murphy	Class A Common Stock	Grant	Acquire A	No	No	0	3,435	0.00	37,687.063